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CoPF approves resolution on DDO by a majority

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The Resolution on the Domestic Debt Optimization was approved by the Committee on Public Finance by a majority at the Committee meeting held today (30).

Extensive Domestic Debt Optimization discussions were held for the second consecutive day today at the Committee on Public Finance Chaired by (Dr.) Harsha de Silva.

Discussions were held yesterday (29), separately with Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), Mr. K. M. Mahinda Siriwardana, Secretary to the Treasury and high officials representing the Ministry of Finance, Economic Stabilization and National Policies during the first half of the meeting. Discussions were held with creditors, including banks, superannuation funds, insurance funds to obtain perspectives during the second half of the meeting.

Post the extensive discussions held, the Committee approved the Resolution by a majority subject to certain amendments made at the Committee meeting held.

State Minister of Finance – Shehan Semasinghe, Leader of the Opposition – Sajith Premadasa, Committee Members and Members of Parliament were present at the Committee meeting held.

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Helicopter crash during SLAF training session

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A Bell 212 helicopter belonging to the Sri Lanka Air Force (SLAF) has reportedly crashed today (May 09).

It crashed during a training session at the Hingurakgoda Air Force Base.

Further reports indicate that the helicopter crashed into the Maduru Oya Reservoir.

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American Cardinal elected as new Pope: Pope Leo XIV

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Following a 02-day papal conclave, American Cardinal Robert Prevost has been elected as the new Pope yesterday (May 08) evening, Vatican time.

At 69, Cardinal Robert Prevost was elected as the 267th Pope, taking the name Pope Leo XIV.

He becomes the first American to ascend to the papacy in the 2,000-year history of the Catholic Church.

Pope Leo XIV now assumes spiritual leadership of the world’s 1.4 billion Catholics.

The election follows the death of His Holiness Pope Francis, who passed away on April 21 at the age of 88 at his residence in Casa Santa Marta, Vatican City, a day after participating in Easter Mass at St. Peter’s Basilica.

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Heavy rains expected in the afternoon

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The Department of Meteorology says that showers or thundershowers will occur at most places of the island after 1.00 p.m. today (May 09).

Showers may occur in Western province and in Puttalam, Galle and Matara districts in the morning too.

Fairly heavy rains above 50 mm are likely at some places in Western, Sabaragamuwa, Central, Northern and North-central provinces.

The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

Misty conditions can be expected at some places in Sabaragamuwa, Central and Uva provinces and in Ampara and Polonnaruwa districts during the morning.

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