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President to visit Cuba

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President Ranil Wickremesinghe is set to depart for Cuba to address the G77 + China Leaders’ Summit next week. This summit, themed “Current Development Challenges: Role of Science, Technology and Innovation,” is scheduled for September 15 and 16, 2023, in Havana, Cuba.
President Wickremesinghe’s participation in the summit comes as a result of an official invitation from Cuban President Miguel Diaz-Canel. Alongside the summit, there are plans for bilateral discussions between President Wickremesinghe and the Cuban President to further strengthen the cooperation between Sri Lanka and Cuba.

The G77 + China Leaders’ Summit represents the largest intergovernmental coalition of 134 developing nations, as recognized by the United Nations. It serves as a platform for Southern countries to voice and promote their shared economic interests while enhancing their collaborative negotiating capabilities.

 This conference offers an opportunity to address contemporary challenges in the realms of science, technology and innovation, exploring cooperative solutions, particularly through inter-Southern collaboration. The leaders of these nations are expected to adopt the ‘Havana Declaration’ during the summit, which will outline guidelines for reforms and new approaches to enhance cooperation among Southern countries in the fields of science, technology and innovation.

Ms. Aruni Wijewardena, Secretary of the Ministry of Foreign Affairs, along with a delegation of senior officials from the Ministry of Foreign Affairs, will also accompany the President for this significant conference.

(President’s Media Division)

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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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