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Ministry suspends 40 SPMC products: Ravi Kumudesh

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The Health Ministry has suspended medicines supplied to the hospitals on 69 occasions so far this year and 40 of the suspended medicines have been supplied by the State Pharmaceutical Manufacturing Corporation (SPMC), Health Professionals Association President Ravi Kumudesh said.

Mr. Kumudesh said that it is vital to pay proper attention to rectifying the issues regarding the condition of the medicinal drugs supplied by the SMPC instead of avoiding them.

He said the Health Ministry and the government should pay more attention to the issue since the SMPC manufactures medicines with the backing of the government.

Mr. Kumudesh said that some people are trying to import medicinal drugs only from Europe by creating a wrong impression about local pharmaceutical products and Indian products.

He said that while countries like India and Bangladesh were exporting high-quality medicinal drugs to the USA and European countries, Sri Lanka receiving only inferior medicinal drugs from the same countries was an issue of choice and not an issue of the country of origin.

“If there is an issue with the products of the SPMC that supplies medicines to the country through the intervention of the Sri Lankan government, it is a management issue,” he said.

He said that if decisions are being taken after considering the economic crisis in the country, there is no other option but to improve the production of local medicines.


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Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

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The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

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Derailed train causes delays on coastal line

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A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

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Kristalina Georgieva to head IMF for a 2nd term

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The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024.

The appointment comes ahead of the start of the fund’s spring meetings in Washington next week.

Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.

In a statement, the coordinators of the Executive Board, Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah has said, “Looking ahead, the Board welcomes Ms. Georgieva’s ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership. It recognizes her focus on strengthening the Fund’s support to its members through effective policy advice, capacity development and financing. The Board looks forward to continuing to work closely with the Managing Director.”

“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director for a second five-year term,” Ms. Georgieva has said.

The Bulgarian national has served as Managing Director since October 1, 2019. The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in overseeing the Fund’s operations, which serve its membership through about 3,100 staff.

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