Category: Local News

The Sri Lankan government has said that cooperation from the island nation’s creditors would be key to gaining a much-needed bailout from the IMF for the bankrupt country.

Sri Lanka expects the International Monetary Fund board to approve a $2.9 billion loan by year-end, officials from the country’s central bank told investors during a virtual presentation on Friday, sources participating in the event said.

President Ranil Wickremesinghe has expressed his gratitude to the Venerable Maha Sangha for their contribution on conserving electricity at religious shrines and the precedent it sets for society.

A 29-year-old man had died and another one injured when they were shot at while travelling in a three wheeler on the Uragaha Road at Bogahapitiya in Ahungalla last night (September 23).

An Extraordinary Gazette notification has been issued today (September 23) declaring several areas in Colombo as high security zones by President Ranil Wickremesinghe.

United States Permanent Representative to the UN Food and Agriculture Agencies in Rome Ambassador Cindy McCain will visit Sri Lanka from September 25-28 to highlight U.S. food assistance programs in Sri Lanka and reinforce the U.S. commitment and lasting partnership with the island nation.

Japan, one of Sri Lanka’s main creditors, will back the South Asian nation as it seeks to restructure about $30 billion of its foreign debt and find a way out of a crippling economic crisis, Tokyo’s envoy to the country said on Friday.

Lanka Sathosa has decided to drop the prices of five essential items with effect from the 22nd of September 2022.

On the request of the Ministry of Power and Energy, the Cabinet of Ministers on Thursday (September 23) decided to cancel the Coal Tender that was awarded on August 25.

The Cabinet of Ministers has given approval to import Glyphosate for a period of 06 months for all agricultural activities during the 2022 / 2023 Maha Season.

A plane carrying essential medicines worth Rs.500 million is scheduled to arrive in Sri Lanka from China today (September 23).

Sri Lanka’s Foreign Minister Ali Sabry met President of the United States, Joe Biden at the reception on the occasion of the 77th Session of the United Nations General Assembly (UNGA) today (September 23).

The incident reported in the national newspapers and social media about a student consuming coconut kernel for lunch due to poverty, was found to be unfounded, the President’s Media Division (PMD) said.

Crisis-hit Sri Lanka will begin on Friday the tricky task of debt renegotiation with a raft of private and bilateral creditors, including China, India and Japan, to restructure and repay nearly $30 billion that it owes.

President Ranil Wickremesinghe says a special book exhibition including books and documents of rare and historical value that have been taken from Sri Lanka to foreign countries, is expected to be organised in conjunction with the 75th Independence Commemoration.

The United States will continue to support Sri Lanka through its economic crisis, U.S. Under Secretary Victoria Nuland has assured.