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Sri Lanka king coconut output to crash 40-pct from white fly disease

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Sri Lanka’s king coconut output can fall 40 percent as an infestation of white fly continues to spread, with officials said with an estimated 4.6 million palms already infected.

Standard coconut palms are also affected to a lesser extent.

“If the infestation in King Coconut is not controlled, we can expect up to 40 percent crop loss in future whereas coconut palms will only be affected about 4-5 percent,” Coconut Research Institute, Deputy Director, N. S. Arachchi said,

King coconuts plants are more prone to severe damage from white fly as they have a lower number of fronds compared to a coconut palm, officials said.

So far 4.6 million coconut palms have been infected in the districts of Kegalle, Gampaha, and Colombo with lower levels of spread seen so far in Ratnapura, Galle, Kandy, and Kurunegala.

White flies are attracted to yellow and orange colours, putting King Coconuts palms at more risk.

“This insect has an affinity for the yellow colour so the king coconut plantation has a huge impact from the fly,” Chairman of the Coconut Development Authority Keerthi Sri Weerasinghe said.

“The white fly disease is a huge threat to the dollar income of the country. The king coconut harvest is declining, paving the way to lowering the number of king coconut exports.”

“Currently, the king coconut exports have reduced due to this threat.”

King coconuts are retailing at around 150 to 160 rupees a nut in some markets in Colombo.

The Coconut Research Institute recommends spraying a mixture of 10 millimeters Neem(Kohomba) oil and 5 milimetre of soap powder to contain the fly.

(economynext.com)

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Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

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The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

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Derailed train causes delays on coastal line

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A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

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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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