News

US$ 750mn World Bank loan delayed: Samurdhi recipient list not verified

Published

1 year ago

April 2, 2023

editor

A US$ 750 million loan from the World Bank has been delayed as verification of welfare beneficiaries has not been completed, among other pre-requisites, the Sunday Times learns.

The verification of the beneficiaries was due to be completed by Friday, March 31, but has now been deferred till April 10, thereby delaying the process of applying for the facility.

Under the programme, the recipients will be entitled to Rs 14,000 a month. Both, the IMF and the World Bank have pointed out that several Samurdhi beneficiaries are not below the poverty line and, therefore, not entitled to the benefits. The Government has been asked to prepare a list of ‘genuine’ beneficiaries.

The welfare beneficiary scheme is among six prerequisites to obtain the USD 750 million loan, following the IMF facility obtained two weeks ago.

Among the other pre-conditions are the opening of a Budget office in Parliament, the digitalisation of revenue collection and payments of Inland Revenue, and reforms in the Central Bank.

A senior government official confirmed these were World Bank prerequisites that had yet to be fulfilled. He said that all the requirements could be completed soon with some of them already in the process of being completed.

The Government also needs to introduce a Social Security Bill under which the welfare payments would be made.

A senior Treasury official said the bill was due to be presented in Parliament this month and the programme could begin in June.

Welfare Benefits Board Chairman B. Wijeratne told the Sunday Times that 3.7 million applications had been received so far for social benefits and 2.4 million applicants had been verified up to date.

“There are several processes to complete the verification. They include an appeal process. We are trying to keep to the schedule,” he said.

Meanwhile, the Government had carried out a trial run of the new system by trying to disburse welfare benefits on the existing beneficiary list and found that Rs 500 million had been overclaimed, indicating that some of the beneficiaries had registered more than once. The new system is to be monitored by a QR code system.

(Sunday Times)

News

Fire breaks out in workers’ living quarters near Colombo Port

Published

7 hours ago

May 19, 2024

editor

A fire has reportedly broken out in the living quarters of highway access road workers near the Colombo Port.

The Colombo Fire Brigade said it has dispatched four fire trucks to assist in extinguishing the flames.

News

President Wickremesinghe meets Elon Musk to discuss starlink implementation in Sri Lanka

Published

7 hours ago

May 19, 2024

editor

President Ranil Wickremesinghe has met with billionaire and investor Elon Musk on the sidelines of the 10th World Water Forum High-Level Meeting being held in Indonesia.

During the meeting, Wickremesinghe and Musk discussed the implementation of ‘Starlink’ in Sri Lanka.

It was emphasized that Sri Lanka is committed to expediting the application process to connect the country to the global Starlink network, according to the President’s Media Division (PMD).

Minister Jeevan Thondaman, accompanying the President on his two-day visit to Indonesia, tweeted: “President and Elon discussed Sri Lanka’s recovery, economic potential, and new opportunities for investment. Great to have two visionary leaders come together for Sri Lanka.”

Elon Musk arrived in Indonesia’s resort island of Bali on Sunday to launch Starlink satellite internet service in the world’s largest archipelago nation.

The billionaire head of Tesla and SpaceX, and owner of social platform X, arrived by private jet on the idyllic “island of the gods,” renowned for its tropical beaches, terraced rice paddies, mystical temples, and colorful spiritual offerings.

Musk is slated to launch the service alongside Indonesian President Joko Widodo in a ceremony later Sunday at a public health clinic in Denpasar, the provincial capital of Bali.

Musk will also sign an agreement to enhance connectivity in the country’s health and education sectors.

During his first in-person visit to Bali, Musk is also scheduled to participate in the 10th World Water Forum, which seeks to address global water and sanitation challenges.

–With agencies inputs

News

Senior diplomat to oversee Sri Lankan embassy in Russia

Published

18 hours ago

May 19, 2024

nipuni

It is reported that the government has planned to send a senior officer of the foreign service to the Sri Lankan embassy in Russia until a new ambassador is appointed due to the lack of an ambassador.

Minister of State for Foreign Affairs Taraka Balasuriya has told the media that the absence of an ambassador is just a gap in the work procedure, and based on the current situation in Russia, a senior official of the Ministry of Foreign Affairs will be directed to supervise its affairs.

He emphasized that a retired foreign service senior is being sent and the lack of an ambassador is not a major problem.

The Minister further stated that there is already a senior Foreign Service officer there, and given the urgent need, a very senior Foreign Service officer is being sent not because the officer currently in Russia is inadequate.

Mr. Balasuriya has stressed that this is being done to strengthen the operation and that the work will be done according to the normal protocol.

However, even though an ambassador has been appointed to Russia, Mr. Balasuriya has made arrangements not to reveal who it is to the media.

The former Ambassador of Sri Lanka to the Russian Federation, Prof. Janitha A. Liyanage, was given three extensions, and she ended her service at the Sri Lankan Embassy in Moscow on April 29.

At present, Counsellor Ruvini K. Munidasa serves as the Chargé d’Affaires of the Embassy.