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Debt-restructuring talks, two MoUs during Jaishankar’s visit

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The government is to hold debt restructuring talks with India, one  of the key creditors, during a scheduled visit by India’s External  Affairs Minister S. Jaishankar who is due here next Thursday, President  Ranil Wickremesinghe told trade union leaders yesterday.

“We discussed China’s Exim Bank earlier this week and by now we have  started exchanging views on it. India’s External Affairs Minister is  scheduled to visit Sri Lanka on January 19 to discuss the debt  restructuring process. We are proceeding with these activities  gradually,” President Wickremesinghe said.

During Mr Jaishankar’s visits, two memorandums of understanding are  likely to be signed. 

One of the MoUs is for the Trincomalee development project  and the other for a power grid connectivity project with India, the  Sunday Times learns.

Meanwhile, a high-level Chinese delegation led by Chen Zhou, Vice  Minister of the International Department of the Communist Party, arrived  here yesterday for bilateral talks.

Mr. Chen met President  Wickremesinghe last evening and delivered a letter from Chinese President  Xi Jinping.

The Chinese Embassy in a twitter message said, “They had  friendly and fruitful dialogue on how to enhance bilateral pragmatic  cooperation and party-to-party exchanges”.

Earlier this week, China’s Exim Bank Chairman Wu Fulin held  a virtual meeting with President Wickremesinghe on the debt  restructuring process and cooperation between the two countries.

Commenting on the status of the ongoing debt restructuring  programme, President Wickremesinghe said the government had completed  talks with Japan — one of the three main creditors to Sri Lanka, besides China and India.

Following these talks, the President stressed that the country would  be able to secure USD 2.7 billion Extended Fund Facility from the  International Monetary Fund (IMF) in three or four instalments.

“In addition, we have the capacity to get USD 5 billion from the  World Bank, the Asian Development Bank and others. By the end of the  year, a number of different programmes are scheduled to resume with  Japan,” the President said, explaining the path to recovery from the  economic crisis the country currently undergoes.

(sundaytimes)

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Pvt. secretary of late minister injured in shooting

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A shooting incident has been reported in Kandana this morning (July 03).

Reportedly, two people traveling in a car were shot near the Kandana Public Market.

According to reports, Sameera Manahara, who served as the private secretary of late Minister Mangala Samaraweera, has been injured in the shooting.

The two injured individuals have been admitted to the Ragama Hospital, police say.

Investigations are underway to identify and apprehend the assailants.

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Young woman brutally murdered in Kuruwita

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A young woman was found in the Dewipahala-Dodam Ella area in Kuruwita, after being brutally attacked and her gold necklace stolen

According to the police, the victim was found collapsed on the roadside with severe neck injuries caused by a sharp weapon. She was rushed to the Ratnapura Hospital but succumbed to her injuries shortly after admission.

The victim has been identified as a 26-year-old.

Arrests are yet to be made and an investigation is underway.

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Revised pensions to be granted from this month

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The Ministry of Public Administration, Provincial Councils, and Local Government has announced that the revised pensions approved under the recent Budget will be implemented starting this month.

Minister – Prof. Chandana Abeyratne has stated that more than 500,000 retired public sector employees will benefit from the increased pension payment.

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