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Nirmala Sitharaman calls on Chief prelates ; visits Sri Maha Bodhi (Video)

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Visiting Union Finance Minister of India – Ms. Nirmala Sitharaman, who is currently on a visit to Sri Lanka, had called on the Chief Prelates of the Malwathu and Asgiriya Chapters yesterday (01).

Chief Prelate of the Malwathu Chapter – Most Ven. Thibbatuwawe Sri Siddhartha Sumangala Thero had acknowledged the deep cultural ties and shared heritage between the two nations and also thanked the Indian Finance Minister for the economic assistance during the time of economic crisis in Sri Lanka.

During her call on the Chief Prelate of the Asgiriya Chapter – Most Ven. Warakagoda Sri Gnanarathana, Ms. Sitharaman had also mentioned the MoU which will be signed today for the solar electrification of religious places in Sri Lanka. For this project, India will allocate Indian Rs. 82.40 crore out of the GOI grant assistance of Indian Rs. 107.47 crore earmarked for the promotion of Buddhist ties.

Thanking the minister and India, the Chief Prelate had indicated that it is a timely and supportive step towards their energy needs.

Ms. Sitharaman had also paid homage to the revered Temple of the Tooth in Kandy as well as the Jaya Sri Maha Bodhi in Anuradhapura.

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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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