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Kristalina Georgieva to head IMF for a 2nd term

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The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024.

The appointment comes ahead of the start of the fund’s spring meetings in Washington next week.

Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.

In a statement, the coordinators of the Executive Board, Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah has said, “Looking ahead, the Board welcomes Ms. Georgieva’s ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership. It recognizes her focus on strengthening the Fund’s support to its members through effective policy advice, capacity development and financing. The Board looks forward to continuing to work closely with the Managing Director.”

“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director for a second five-year term,” Ms. Georgieva has said.

The Bulgarian national has served as Managing Director since October 1, 2019. The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in overseeing the Fund’s operations, which serve its membership through about 3,100 staff.

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Skill or professional stream to be added to O/Ls

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State Minister for Social Empowerment Mr. Anupa Pasqual, emphasized that new laws are being introduced to facilitate the use of uncultivated land for agricultural purposes as land is vital for social empowerment. 

The state minister also announced that the government has decided to incorporate a skill or professional stream into the G.C.E (Ordinary Level) Examination to promote social empowerment.

“A fundamental ideology we have advocated is the need for educational system reform to uplift society. Hence, individuals should not be labelled as exam failures solely due to struggles in subjects like maths, religion, or language at the G.C.E (O/L) examination. Therefore, the government has resolved to integrate skill-based or vocational streams into the G.C.E (O/L) Examination syllabus. This concept reflects societal acceptance. Accordingly, the Ministry of Education plans to implement this initiative from the beginning of next year. It is imperative to note that forthcoming educational reforms aim to cultivate skilled professionals,” he said.

The State Minister made these remarks during a press briefing titled “Collective Path to a Stable Country” held at the Presidential Media Centre (PMC) today (May 21).

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Move to sell LSD-infected cattle amid disease outbreak

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With the outbreak of the Lumpy Skin Disease (LSD) among cattle in the Nuwara Eliya District, there is a growing tendency among dairy farmers to sell off their affected livestock.

Dr. Suresh Kumara, the Government Veterinary Surgeon in charge of the Kotagala-Talawakele division, reported that the district contributes 12 percent of the Central Province’s milk production. 

The outbreak has led to the death of many milch cows, resulting in a sharp decline in milk output.

In response to the outbreak, affected dairy farmers have begun selling their LSD-infected cattle to slaughterhouses. 

Dr. Kumara emphasized the need for vaccination to control the disease but noted that the necessary vaccine is currently unavailable.

(dailymirror.lk)

(Except for the headline, this story, originally published by dailymirror.lk has not been edited by SLM staff)

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Puttalam District schools to reopen tomorrow

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Schools in the Puttalam District are scheduled to reopen tomorrow (May 22) for academic activities, according to the Provincial Director of Education of the North-Western Province. 

However, the Zonal Directors of Education have been authorised to decide otherwise depending on the weather conditions, the Provincial Director adds.

All schools in the Puttalam District remained closed yesterday and today due to adverse weather conditions.

Meanwhile, in a statement, the Education Ministry states that news reports claiming that tomorrow is a school holiday, is false.

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