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Negotiations yield positive results – President

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President Anura Kumara Dissanayake said yesterday that the talks between the Sri Lankan delegation and US officials regarding reciprocal tariffs have yielded positive results, and both nations are anticipated to issue a joint statement soon.

“Our delegation, including Deputy Finance Minister has engaged in discussions with the relevant US authorities. I have been informed that these discussions have been productive, and both parties are anticipated to issue a joint statement soon,” he said.

The Sri Lankan delegation departed for the United States to engage in discussions with the International Monetary Fund  (IMF) regarding the Extended Fund Facility programme, as well as to have discussion with US government officials about the recent reciprocal tariffs placed on Sri Lankan exports to the United States.

Addressing an election rally in Ratnapura in support of the NPP candidates contesting the upcoming Local Government Election in the Ratnapura District, the President stated that his Government is committed to establishing a strong economy in the country. “Should the economy of our country falter as a result of decisions made by another country, or due to conflict or a pandemic occurring elsewhere, it indicates a lack of stability and independence in our economic system. Our objective is to establish an economy resilient enough to withstand such external challenges,” he said.

The President added that his Government has managed to stabilise the country’s economy to some extent following an unprecedented crisis, maintaining the value of the Sri Lankan rupee against the US dollar at Rs. 300 for the last six months.

“There are no shortages of goods and services in the country, and the rupee’s value has remained unchanged against the dollar for the past six months. This indicates that the economy is now stable,” he added.

The President noted that the year 2025 is expected to witness the highest influx of tourists to the country, and his Government is actively working on developing new tourist attractions, including Yapahuwa and Trincomalee.

“Anuradhapura City will be revitalised, emphasising the importance of our cultural, religious, and irrigation heritage, with assistance from the Indian government,” he added.

President Dissanayake noted that export revenues are anticipated to rise this year. The President remarked that the people made the NPP victorious as they wanted a change from an administration that had not fulfilled the public’s expectations for 70 years. “The people wanted to end this vicious political cycle,” he said.

Buddhasasana, Religious and Cultural Affairs Minister Prof. Hiniduma Sunil Senevi also spoke.

(dailynews.lk)

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

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NPP wins Tangalle Urban Council in first LG election results

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The Election Commission has released the first official results from the 2025 Local Government polls, with the National People’s Power (NPP) claiming victory in the Tangalle Urban Council, Hambantota District.  

Tangalle Urban Council Results
National People’s Power (NPP): 2,260 votes (9 seats)  
Samagi Jana Balawegaya (SJB): 1,397 votes (5 seats)  
Sri Lanka Podujana Peramuna (SLPP): 795 votes (3 seats)  
United National Party (UNP):  265 votes (1 seat)  
Sarvajana Balaya (SB): 177 votes (1 seat)  

The JVP-led NPP’s strong showing in this southern urban council marks a significant shift in the region traditionally dominated by the SLPP. 

Political analysts note this could signal changing voter sentiments amid economic pressures.  

Voting concluded at 4:00 p.m. today after a largely peaceful process. 

Counting continues for 338 other local bodies, with results expected through the night.  

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LG polls : voting concludes peacefully

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Voting of the 2025 Local Government elections concluded at 4.00 pm today (May 06).

The Election Commission has stated that the voting process was peaceful overall, with no incidents of violence reported during the polling period.

Voting ended with varying turnout in various districts as most districts have reported turnout of about 50% or less as at 3.00 pm.

Meanwhile, police say that special security arrangements are continued even after voting is concluded.

Police Media Spokesperson, SSP Buddhika Manatunga, has urged the public to remain calm and peaceful during the post-election period as well.

A total of 75,589 candidates are contesting from various political parties and independent groups at this year’s Local Government election.

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World Bank group President to visit SL tomorrow

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World Bank group President – Ajay Banga will visit Sri Lanka tomorrow (May 07).

It is the first visit by the head of the multilateral lender in 20 years, following an invitation extended by President Anura Kumara Disanayake last year.

“The visit comes at a critical moment, as Sri Lanka continues its path toward economic recovery and seeks to build a more resilient, inclusive, and private sector-led future,” the World Bank says.

Banga will meet President Dissanayake, Prime Minister Harini Amarasuriya, and senior government and private sector leaders.

“These discussions will center on how Sri Lanka can overcome current challenges and seize new opportunities as it continues to recover economically and socially,” the World Bank added.

The World Bank Group currently maintains a portfolio of projects in Sri Lanka valued at $2.2 billion, encompassing both public and private sector investments. While recent reports have acknowledged Sri Lanka’s progress, the Bank continues to emphasize the need for poverty reduction and reform continuity to ensure sustained recovery.

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