Sri Lanka Prime Minister stresses urgency for economic reform plan

Sri Lanka’s prime minister said Thursday that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund – because global inflation and the financial impact of Russia’s invasion of Ukraine on other countries could limit their ability to help the island nation.

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Wimal’s wife Shashi Weerawansa sentenced to two years imprisonment

MP Wimal Weerawansa’s wife Shashi Weerawansa, who was accused of submitting forged documents to obtain a diplomatic passport, has been sentenced to two-year rigorous imprisonment.

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India will support democracy, stability in Sri Lanka – Prime Minister Modi

Indian Prime Minister Narendra Modi said on Thursday that India will continue to stand with the people of Sri Lanka and support democracy, stability and economic recovery in the neighbouring country.

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Sapugaskanda oil refinery to commence operations again

The operations at the Sapugaskanda oil refinery will commence again today (May 27) and producing Fuel Oil will start in six days, Power and Energy Minister Kanchana Wijesekera said.

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Peoples Bank Nonperforming loans Rs. 54 billion in 2021

COPE chairman Prof. Charitha Herath making a recommendation to the Chairman of People’s Bank Sujeewa Rajapakse, called for the submission of a comprehensive report within a month with details of companies in the private sector which were granted loans worth Rs.54 billion, which are currently in the non-performing status.

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IMF Says Good Progress Made Studying Sri Lanka Economy Situation

The International Monetary Fund said it made “good progress” in analyzing Sri Lanka’s economic situation and identifying policy priorities, while cautioning that a loan would require adequate assurances that debt sustainability will be restored.

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Mobile app developed to monitor refuelling history of vehicles

A mobile application has been developed to monitor refuelling history of vehicles and share real-time data with filling stations island-wide, Minister of Power and Energy Kanchana Wijesekara said.

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General Shavendra Silva to step down as Army Commander

General Shavendra Silva will assume office on 1 June 2022 as new Chief of Defence Staff after relinquishing the office of the Commander of the Army on 31 May.

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Sri Lanka president calls for international help as crisis swirls

Sri Lankan President Gotabaya Rajapaksa on Thursday called for the international community to help his country overcome a crisis that has pushed it to the brink of economic collapse, with mounting debt, inflation and social unrest roiling the South Asian nation.

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CID records statement from former Prime Minister Mahinda Rajapaksa

The Criminal Investigations Department (CID) has recorded a statement from former Prime Minister Mahinda Rajapaksa yesterday (May 25) over the incidents that took place outside Temple Trees (Maina Go Gama) and in Galle Face (Gota Go Gama) on May 09.

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Cultivate crops in gardens for personal use – Agri officials

The Department of Agriculture has requested the public to cultivate crops in gardens for personal use.

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Sri Lanka’s Premier wants IMF Program in Place by Mid-June

Sri Lanka is looking to fast-track talks with the International Monetary Fund and agree on a loan by mid-June so that it can then approach other lenders for urgently needed funds.

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UNGA adopts Sri Lanka sponsored resolution to declare ‘World Seagrass Day’

The United Nations General Assembly has adopted a Sri Lanka sponsored Resolution A/76/L.56, declaring 1 March as World Seagrass Day.

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Commence Languages, Vocational Training Programmes targeting foreign job vacancies – President

Sri Lankan President Gotabaya Rajapaksa has instructed officials to implement languages and vocational training programmes targeting foreign job vacancies, President’s Media Division (PMD) said.

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Only Essential Government staff must report for duty from Thursday (26)

The Secretary to the Ministry of Public Administration had informed all the Heads of Government Departments to prepare and implement an appropriate arrangement to call only the officers who are essential to delivering public services for duty with effect from Thursday (26).

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Father & brother of two Easter Sunday suicide bombers granted bail

Mohamed Ibrahim, the father of two suicide bombers, Mohamed Ibrahim Ilham Ahmed and Mohamed Ibrahim Insaf Ahmed who detonated suicide bombs at two leading hotels in Colombo in the 2019 Easter Sunday attack was granted bail today (May 25).

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