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No other active option for SL except IMF agreement

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President Ranil Wickremesinghe says the government has not taken a final decision on restructuring domestic debt.
Joining the three-day Parliamentary debate on the International Monetary Fund this morning, President Wickremesinghe said when the discussions with foreign debtors are initiated, Sri Lanka would have to take a decision on restructuring its domestic debts.

In a special statement delivered to Parliament today (26), President Ranil Wickremesinghe announced that Sri Lanka is on the path of renaissance and is re-emerging as a success story, with the expectation of support from the entire nation to carry it forward.

The President highlighted the progress made in the Sri Lankan economy, which had previously collapsed due to riots, arson, and state bankruptcy. In just eight months, the country has turned its fortunes around and is now known as the ‘Sri Lanka comeback story’.

The President also spoke about the International Monetary Fund agreement, which he presented to Parliament. He acknowledged that the country had failed to implement previous agreements with the International Monetary Fund, despite entering into 16 such agreements.

However, the President emphasized that there is no other active option for Sri Lanka but to sign an agreement with the International Monetary Fund at present.

President Ranil Wickremesinghe reassured the public that the restructuring of local debt would not harm members of the Employees’ Provident Fund.

Furthermore, he stated that a social safety net has been implemented to protect low-income people and create financial stability in the country.

With these measures in place, the President is optimistic about Sri Lanka’s future and urged the nation to work together towards a brighter future.

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Fake banknote with AKD’s image : suspect remanded (Update)

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The suspect arrested over circulating a doctored image of a Rs. 5,000 currency note featuring the image of President Anura Kumara Dissanayake, has been remanded until Nov. 11 by the Kesbewa magistrate.

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(Previous post : 2024/11/05 at 1:05 pm)

The Criminal Investigations Department (CID) has arrested an individual for allegedly circulating a doctored image of a Rs. 5,000 currency note featuring the image of President Anura Kumara Dissanayake on it.

Police said that the 38-year-old suspect was arrested yesterday (Nov. 04). 

According to the police, he is a resident of Korathota in Athurugiriya and works as a salesperson.

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2 officials of New Magazine Prison interdicted

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Two officials of the Colombo New Magazine Prison have been interdicted.

The prison’s Chief Jailor and a Prison Guard (storekeeper) have been interdicted after it was discovered that they have supplied mobile phones to inmates.
According to the Prisons Spokesman, the duo had maintained a secret relationship with a lifetime prisoner, under whose instructions they had provided mobile phones to the inmates.

Further investigations are underway.

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Landslide warnings for 8 districts

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The National Building and Research Organisation (NBRO) has issued early landslide warnings to multiple areas in eight districts, as heavy rainfall continues in parts of the island.

The NBRO says that the warnings will be in effect until 4.00 pm tomorrow (Oct. 06).

Accordingly, a Level 1 (Amber) warning has been issued for several Divisional Secretariat Divisions (DSD) and surrounding areas in the Badulla, Galle, Kalutara, Kandy, Kegalle, Kurunegala, Matara and Ratnapura districts as follows:

Badulla–Welimada, Haldummulla DSDs and surrounding areas
Galle – Elpitiya DSD and surrounding areas
Kalutara – Bulathsinhala DSD and surrounding areas
Kandy – Yatinuwara, Udapalatha DSDs and surrounding areas
Kegalle – Mawanella, Rambukkana DSDs and surrounding areas
Kurunegala – Polgahawela DSD and surrounding areas
Matara – Kotapola, Akuressa and Pasgoda DSDs and surrounding areas
Ratnapura – Elapatha, Ayagama, Openayake, Kiriella, Nivithigala, Kahawatta, Pelmadulla, Imbulpe, Balangoda, Godakawela and Kalawana DSDs and surrounding areas

Meanwhile, a Level 2 (Yellow) warning was issued for the following areas:

Kegalle – Kegalle, Dehiowita,  Yatiyanthota, Bulathkohupitiya, Ruwanwella, Warakapola,  Deraniyagala, Aranayake and  Galigamuwa  DSDs and surrounding areas

Ratnapura – Kuruwita, Eheliyagoda and Ratnapura DSDs and surrounding areas

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