News

President meets IMF Managing Director

Published

8 months ago

September 21, 2023

editor

International Monetary Fund (IMF) Managing Director Kristalina Georgieva met with President Ranil Wickremesinghe to discuss vital economic matters during the United Nations General Assembly (UNGA) in New York, the President’s Media Division (PMD) said.

During the meeting, Ms. Georgieva and President Wickremesinghe delved into the ongoing financial sector reforms and the substantial progress made in debt restructuring initiatives, it said.

The IMF Managing Director commended the Sri Lankan Government for its effective measures in curbing inflation and nurturing a conducive environment for business growth, as well as the flourishing tourism industry.

She expressed her satisfaction with the government’s commitment to enhancing the overall economic landscape.

Foreign Affairs Minister Ali Sabry, President’s Secretary Saman Ekanayake, Ambassador Mahinda Samarasinghe, UN Permanent Representative Mohan Peiris and President’s Advisor Dinesh Weerakkody alongside senior officials representing both Sri Lanka and the IMF were present.

News

Bill suspending Parate Law, passed

Published

3 hours ago

May 7, 2024

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The Recovery of Loans by Banks (Special Provisions) (Amendment) Bill, which was amended to facilitate legal provisions for the suspension of Parate Law until December 15, 2024, was passed in Parliament without amendments today (May 07).

This amendment introduces legal provisions for the suspension of the Parate Law until December 15, 2024.

News

Mervyn granted bail

Published

4 hours ago

May 7, 2024

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Colombo Additional Magistrate Tharanga Mahawatta today (May 07) ordered the release of former Minister Mervyn Silva on bail over the SLRC assault incident in 2007.

He was ordered to be released on a surety of Rs. 500,000.

Silva was accused of threatening and assaulting a former journalist of the Sri Lanka Rupavahini Corporation.

The Magistrate also ordered to immediately arrest former municipal councillor – Lal Peiris, who was named as the third suspect in the case, and produce him before the court.

The Magistrate also banned him from travelling overseas.

(Source : Lankadeepa)

News

Appeals Court rejects Wijeyadasa’s petition against interim order

Published

4 hours ago

May 7, 2024

editor

The Court of Appeal today dismissed the petition filed by Minister Wijeyadasa Rajapakshe seeking to suspend the interim injunction issued by the Colombo District Court preventing him from functioning as the Acting Chairman of the Sri Lanka Freedom Party (SLFP).

Minister of Justice Wijeyadasa Rajapakshe was appointed as the Acting Chairman of SLFP during an executive committee meeting held on April 21, by the party’s faction led by former President Maithripala Sirisena.

On April 24, the Colombo District Court issued an injunction order preventing Minister Wijeyadasa from functioning as the Acting Chairman of the SLFP.

The court has also issued an injunction order preventing MP Sarathie Dushmantha Mithrapala from functioning as the General Secretary of SLFP.

Meanwhile, the court had issued another injunction preventing the implementation of the decisions taken by the SLFP Acting General Secretary.

The Colombo District Judge issued these injunctions after considering a plaint submitted by Ministers Mahinda Amaraweera, Lasantha Alagiyawanna and Member of Parliament Duminda Dissanayake.

It was mentioned in the order that these injunctions will remain in effect until May 08, 2024.

However, Minister Rajapakshe had later filed a petition with the Court of Appeal seeking to invalidate the recent order issued by the Colombo District Court preventing him from functioning as the Acting Chairman of SLFP.

(adaderana.lk)

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