Connect with us

News

Japan officially notifies SL to resume disbursement to Yen loan projects

Published

on

Following the completion of the signing of Memorandum of Understanding (MOU) between the Official Creditor Committee (OCC) and Sri Lanka on 23 July and the expression of the willingness by the Government of Sri Lanka to swiftly conclude a bilateral agreement on debt restructuring, the Government of Japan has officially decided to resume disbursement to Yen Loan Projects, which had been suspended since the default of Sri Lanka in 2022.

On 24 July, the Government of Sri Lanka, the Embassy of Japan and Japan International Cooperation Agency (JICA) Sri Lanka Office held a joint press conference to inaugurate this milestone decision at Ministry of Finance.

While congratulating the completion of the MOU on debt restructuring between Sri Lanka and the OCC, Ambassador MIZUKOSHI Hideaki highlighted the unprecedented initiative and outstanding contribution by the Government of Japan, as a co-chair of the OCC, in leading and concluding the public debt restructuring.

Ambassador Mizukoshi also commended Sri Lankan authorities for their ongoing efforts in implementing the comprehensive economic and social reforms essential to guide the country back to a sustainable path. He stated that all the suspended yen loan projects are crucial infrastructures that promote Sri Lanka’s economic growth and further reaffirmed Japan’s continuous and unwavering commitment to supporting Sri Lanka.

On behalf of Mr. Yamada Tetsuya, Chief Representative of JICA Sri Lanka Office, Ms. Ide Yuri, Senior Representative, handed over the official letter on this decision to Mr. Mahinda Siriwardana, Secretary to the Treasury, which is addressed to President Wickremesinghe from Dr. Tanaka Akihiko, President of JICA.

Ms. Ide Yuri expressed her hope that the resumption of Yen loan projects will contribute to stabilizing the economy and society of Sri Lanka and help gain momentum toward long-term sustainable growth, thus paving the way for Sri Lanka to recover trust and confidence from the people and private businesses of both Sri Lanka and the world.

Secretary Siriwardana expressed his profound gratitude for this decision and sincere appreciation for Japan’s excellent initiative and long-term dedication in the debt restructuring.

It is hoped that the resumption of disbursement to Yen loan projects would further strengthen the bond between Japan and Sri Lanka, as well as help this island nation bring itself back on track for further economic development, serving as a hub in the Indian Ocean.

News

Police come out in full force for Lankan contestant Anudi at Miss World

Published

on

By

The Sri Lanka Police have mobilised support for Anudi Gunasekara, daughter of SSP Hemantha Gunsasekara, as she competes in the 72nd Miss World pageant. A congratulatory message was officially shared this week, recognising her as Sri Lanka’s representative at the international event.  

A circular issued by the Acting Inspector General of Police (IGP) Priyantha Weerasooriya was shared with Senior DIGs, DIGs, commanding officers, directors, OICs, and headquarters inspectors across the country. The directive outlined the importance of supporting Anudi through social media engagement.

The document emphasised that online popularity plays a role in the selection process. It included instructions for downloading the Miss World mobile app, voting for the candidate, and increasing her online presence by liking, commenting, and following her pages.

Police Media Spokesman SSP Buddika Manathunga defended the initiative, describing it as a matter of national pride. “Her representation brings honour to the country,” he said, noting that public funds were not used and drawing parallels with past promotional efforts for Sri Lanka Cricket.

Anudi among 20 finalists

Anudi Gunasekara, Sri Lanka’s representative at the 72nd Miss World pageant, has advanced to the 20 finalists of the Head to Head Challenge. She has also secured a place among the Top 5 finalists from Asia.

The final competition of the Miss World Festival will be held next Saturday, on May 31 at the HITEX Convention Center in Hyderabad, Telangana.

The public have been invited to vote for contestants via the “Miss World” app which can be downloaded via Google Play Store or Apple App Store.

(sundaytimes.lk)

(This story, originally published by sundaytimes.lk has not been edited by SLM staff)

Continue Reading

News

CIABOC unearths cash-for-favors racket at Motor Traffic Dept

Published

on

By

A Bribery Commission raid at the Motor Traffic Department on Friday resulted in the detection of Rs. 4.1 million in cash in the office of a deputy commissioner, believed to be bundled for distribution among selected staff later in the day as part of collections from private parties during the week.

Investigators from the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) had found the cash packed in packets and

ready for distribution when they raided the premises armed with a search warrant.

Further investigations have found that the cash amounted to bribes collected from people who had visited the different divisions of the DMT from Monday to Friday of that week, sources added.

Bribery Commission officials who visited the DMT with the search warrant had come upon the cash stacked in a cupboard in the office room of one of the deputy commissioners.

The key to the cupboard, however, had been in the hands of an office assistant, who was unable to provide a satisfactory explanation of why he had the key to a cupboard with so much money in his possession.

CIABOC officials had arrested the deputy commissioner, a management assistant and the office assistant once they uncovered that the cash had been collected to be distributed among DMT employees on Friday.

The three suspects, identified as Deputy Commissioner Dilantha Nuwan Kumara, Pradeep Nishantha and D. Samantha Perera, were produced before Colombo Chief Magistrate Thanuja Lakmali Jayatunga and remanded till June 6.

(sundaytimes.lk)

(Except for the headline, this story, originally published by sundaytimes.lk has not been edited by SLM staff)

Continue Reading

News

Legendary actress Malani Fonseka passes away

Published

on

By

Veteran Actress Malini Fonseka, widely revered as the “Queen of Sri Lankan Cinema,” passed away this morning (May 24) at the age of 78 while receiving treatment at a private hospital in Colombo.

Born on April 30, 1947, in Kelaniya as Wanni Arachchige Malani Senehelatha Fonseka, she later rose to fame in Sri Lankan cinema under the name Malani Fonseka.

Fonseka began her acting career on stage in 1963 and made her cinematic debut in 1968 with the film Punchi Baba.

She won the Most Popular Actress award in 1973 and has received numerous accolades, including the President’s Award, Sarasavi Award, OCIC Award, and Sumathi Award, with several honors for Best Actress.

Plays such as Nidhanaya, Bambaru Awitha, Wekande Walawwa, Aradhana, and Ammawarune are regarded as outstanding works that showcased the acting talents of Malani Fonseka.

Beyond her artistic achievements, she entered politics in 2010 and served as a National List Member of Parliament until 2015.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved