The International Monetary Fund (IMF) remains hopeful of Sri Lankan authorities securing financing assurances from all its bilateral creditors soon, so that the Fund’s Executive Board could give its nod to unlock the envisaged US$ 2.9 billion bailout package to support the crisis-hit economy, a top IMF official said.

A fundamental rights petition has been filed with the Supreme Court against the decision taken not to release the funds allocated through the 2023 Budget to the Election Commission for holding the Local Government (LG) election.

Sri Lanka President Ranil Wickremesinghe emphasised the importance of having a proper plan to strengthen the country’s economy, during a meeting with businessmen and lawyers in the Kandy district.

Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022.

YouTuber Sepal Amarasinghe has been released by Colombo Chief Magistrate’s Court today (February 21) from the case filed over a statement he made defaming the Temple of the Sacred Tooth Relic (Sri Dalada Maligawa).

Sri Lanka Parliament was adjourned by Speaker Mahinda Yapa Abeywardene till 9:30 AM on Wednesday (February 22) due to a tense situation that erupted in Parliament a short while ago.

Justice Minister Wijeyadasa Rajapakshe,PC says if the Government had the need to postpone the election, it could have been done by making the Commission inactive without appointing new members to replace  the members who left, but instead of doing so, the Government appointed suitable people to the Commission.

The Export-Import Bank of China has provided Sri Lanka with a debt extension, China’s Foreign Ministry said on Monday, noting that China is willing to negotiate a medium- and long-term debt disposal plan with the country in a friendly manner, and do its best to promote Sri Lanka’s debt sustainability.

Six students of the University of Kelaniya including four Buddhist monks have been arrested during a protest held near the Kelaniya University at Dalugama, Kelaniya on Sunday night (February 19).

A writ application filed by W.M.R. Wijesundara, a retired Colonel of the Sri Lanka Army, seeking an order to invalidate the preparations being made for the Local Government Election will be taken up on February 23, 2023.

At least two females died after a bus carrying a group of people who were on a pilgrimage to Sri Pada veered off the road and toppled down a precipice in the Norton Bridge area in Nuwara Eliya this evening (February 19).

The historic Temple of the Tooth Relic in Kandy, Sri Lanka will host a ‘Janaraja Perahera’ today (February 19), after a gap of 34 years.

The Presidential Secretariat will shortly issue a circular restricting senior state officials, including the President’s and the Prime Minister’s Secretaries from using business class travel on overseas official trips.

Sri Lanka President Ranil Wickremesinghe pledged to prioritise the country’s economic recovery while ensuring that law and order is maintained to prevent anarchy.

Sri Lanka Government has issued an Extraordinary Gazette Notification declaring services of three sectors essential public services effective from 17th of February 2023.

The International Monetary Fund is considering approving Sri Lanka’s bailout even without the formal assurance of debt-restructuring support from China, the nation’s biggest bilateral creditor, according to people familiar with the discussions.