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Karu denies involvement in uniting SJB & UNP, reaffirms NMSJ commitment

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Former Speaker Karu Jayasuriya has firmly denied any involvement in efforts to unite the Samagi Jana Balawegaya (SJB) and the United National Party (UNP).

Jayasuriya has stated that he will not get involved in power politics, reiterating his exclusive commitment to the National Movement for Social Justice (NMSJ) and its mission to foster a fair and progressive Sri Lankan society.

In a statement issued by NMSJ General Secretary Sunil Jayasekara, Jayasuriya has clarified his position following media reports suggesting an initiative by a group of Parliamentarians to enlist his support in unifying the SJB and UNP.

Dismissing these claims, Jayasuriya emphasised that he has no intention of becoming a participant or supporter of any political camp. “My dedication lies solely in advancing the public good and societal well-being. As a citizen who loves and respects my country, I will continue to dedicate my life to these causes,” he stated.

(dailynews.lk)

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

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IMF grants waivers despite obligation breach & erred reporting

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The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (EFF) as well as inaccuracies of information reported to the IMF.

However, the IMF has decided to grant waivers and not pursue further action, citing corrective measures and a commitment to reform by Sri Lankan authorities.

Following the Executive Board’s discussion, Deputy Managing Director and Acting Chair – Mr. Kenji Okamura, has issued the following statement:

“The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (“EFF”), as well as a breach of obligations under Article VIII, Section 5. The noncomplying purchases arose as a result of the provision of inaccurate information by the authorities on the stock of expenditure arrears at the first, second, and third reviews under the EFF.

“The inaccuracies in information provided to the IMF were inadvertent and arose because of weaknesses in the timely reporting of arrears by line ministries to the Ministry of Finance, as well as a misunderstanding by the authorities of the definition of “arrears” under the Technical Memorandum of Understanding. 

“The Executive Board positively considered the authorities’ corrective actions, the fact that arrears repayments will be accommodated within the existing fiscal envelope, and the authorities’ commitment to improving public financial management procedures in line with the new PFM law, to reduce the risk of accruing arrears or inaccurate reporting of information going forward. In view of the above, the Executive Board agreed to grant waivers for the nonobservances of the quantitative performance criterion that gave rise to the noncomplying purchases and decided not to require further action in connection with the breach of obligations under Article VIII, Section 5.”

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Abdul Wazeeth appointed to Parliament from SLMC national list

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Abdul Wazeeth of the Sri Lanka Muslim Congress (SLMC) has been appointed as a Member of Parliament, the National Election Commission has announced.

His appointment comes following the resignation of former MP M. S. Naleem, who had entered Parliament through the SLMC National List after the 2024 parliamentary election.

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Tense situation in Kahawatta as residents clash with police

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Police had been compelled to use tear gas to control a tense situation that erupted between residents and police in Kahawatta following the funeral of a youth who was shot dead recently.

The funeral was held today (July 03) and the clash had broken out shortly afterwards.

Residents had expressed anger over the handling of the and had hurled stones at the police, reports say.

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