News

President holds talks with IMF representatives

Published

5 months ago

February 6, 2025

editor

A comprehensive discussion regarding the progress of the Extended Fund Facility (EFF) agreed with the International Monetary Fund (IMF) took place today (Feb. 06) at the Presidential Secretariat, between President Anura Kumara Disanayake and the IMF delegation.

The current government has already reached a staff-level agreement with the IMF on the third review regarding the extended arrangement under the Extended Fund Facility (EFF) of USD 03 billion.

The details of this review are expected to be presented to the International Monetary Fund’s Board of Directors by the end of this month. In this regard, discussions were held regarding the progress and the government’s involvement in continuing the program moving forward.

Once the approval is granted by the IMF Executive Board, Sri Lanka is expected to release the fourth tranche of the extended loan, amounting to 333 million dollars.

The discussion was also attended by IMF Executive Director Dr. Krishnamurthy Subramanian, Alternate Executive Director Dr. P. K. G. Harischandra, Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Finance Mahinda Siriwadana, and Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe.

(PMD)

News

Former Eastern Provincial Council member arrested

Published

6 hours ago

July 6, 2025

editor

Ampara District Organizer of the Tamil Makkal Viduthalai Pulikal party and former member of the Eastern Provincial Council K. Pushpakumar alias Iniya Bharathi has been arrested.

He was arrested over the abduction and disappearance of the former Vice Chancellor of the Eastern University Prof. Subramaniyam Ravindranath.

Sivanathurai Chandrakanthan, alias Pillayan, the leader of the Tamil Makkal Viduthalai Pulikal (TMVP) and former State Minister, was arrested by the Colombo Criminal Investigation Department at his office in Batticaloa on April 8, over this incident.

He was later detained for 3 months under the Prevention of Terrorism Act.

Iniya Bharathi, also known as Kumaraswamy Pushpakumar, was arrested based on information revealed during the interrogation of Pillayan.

News

e-Revenue Licence system down due to technical glitch, ICTA says

Published

6 hours ago

July 6, 2025

editor

The Information and Communication Technology Agency of Sri Lanka (ICTA) said the electronic Revenue Licence system (eRL 2.0) is currently unavailable due to a critical technical infrastructure issue.

According to the ICTA, the disruption began on July 3, 2025, and has made vehicle revenue licence issuing services inaccessible.

The unavailability is expected to continue until July 9, 2025.

The ICTA expressed regret for the inconvenience caused to the public and assured that technical teams are working urgently to resolve the issue.

The agency also said that further updates will be shared as work progresses, with an official notice to be issued once services are restored.