IMF approves $334 Million for Sri Lanka as reforms show progress

The International Monetary Fund (IMF) on Friday (February 28) announced that its Executive Board had completed the third review under the 48-month Extended Fund Facility (EFF) arrangement for Sri Lanka, enabling the government to withdraw SDR 254 million (approximately US$334 million) to support its economic policies and reforms.




Warrant issued for Wasantha Mudalige over court no-show

Colombo Fort Magistrate Nilupuli Lankapura ordered the issuance of a warrant against the former convenor of the Inter University Students’ Federation (IUSF), Wasantha Mudalige, for failing to appear in court today (February 28) for a case summoned at the Colombo Fort Magistrate’s Court.