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IMF executive board meeting on Sri Lanka expected in coming months

Published

5 months ago

December 19, 2024

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The International Monetary Fund (IMF) announced that its Executive Board meeting on Sri Lanka is anticipated to occur in the coming months, pending the completion of prior actions by Sri Lankan authorities.

Julie Kozack, IMF Communications Director, made the statement during a press briefing in Washington, DC, in response to a question from News 1st’s Journalist.

On 23 November 2024, IMF staff and Sri Lankan authorities reached a staff-level agreement on economic policies to conclude the third review of Sri Lanka’s economic reform program under the Extended Fund Facility (EFF). Upon approval by IMF Management and the Executive Board, Sri Lanka will gain access to approximately USD 333 million in financing.

The Executive Board’s review will be contingent on the authorities implementing required prior actions and completing a financing assurances review, which includes verifying contributions from multilateral partners and assessing progress in debt restructuring.

News

GoSL strongly rejects genocide claims & protests against monument in Canada

Published

3 hours ago

May 14, 2025

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Sri Lanka’s Foreign Minister Vijitha Herath today (May 14) met with the Canadian High Commissioner in Colomno to formally object to Canada’s approval and inauguration of a Tamil Genocide Monument in Brampton, Ontario.

Minister Herath had reiterated the Government of Sri Lanka’s strong objections regarding the unfounded genocide allegations and the approval of constructing such a monument, which complicates and undermines the government’s efforts toward reconciliation and national unity.The MFA statement issued in this regard is as follows :

Media Release Eng-3 Download

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Harak Kata levels bribery allegations against Tiran & Deshabandu

Published

3 hours ago

May 14, 2025

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Notorious underworld figure – Nadun Chinthaka Wickremeratne, alias Harak Kata, has claimed that he is being detained in Tangalle over his refusal to pay a Rs. 300 million bribe allegedly demanded by former Public Security Minister – Tiran Alles and suspended IGP Deshabandu Tennakoon.
He levelled the allegations before reporters today (May 14) while he was being escorted by police from the Colombo Court Complex following a court hearing.

“There are so many things to say… I will reveal them then,” he had said before being taken back into custody.

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Hayeshika granted bail (Update)

Published

3 hours ago

May 14, 2025

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Popular tuition teacher Hayeshika Fernando, widely known as ‘Teacher Amma,’ was granted bail by the Negombo Magistrate’s Court today (May 14) over allegedly assaulting a young man.

Her husband and the manager affiliated to her institute, who were previously arrested over the incident, have also been granted bail.

Hayeshika, who had been missing afterwards, had surrendered to the Negombo Magistrate’s Court today.

(Previous News on 14^th May, 2025 at 3:33pm)

Tutor Hayeshika surrenders to court

Popular tutor – Hayeshika Fernando, who had been evading arrest, has surrendered to the Negombo Magistrate’s Court.

President’s Counsel Anuja Premaratne, appearing on behalf of the accused, informed the court that his client had voluntarily surrendered.

Hayeshika’s husband and the manager of the institution she is affiliated with were recently arrested over the alleged assault of a young man.

However, Hayeshika had remained at large until her court appearance today. Three police teams were also appointed to arrest her.

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