The re-issuance of bonds under the domestic debt optimization program scheduled for August 28 has been postponed to September 11, said State Minister of Finance Shehan Semasinghe. The decision was made due to an ongoing court procedure over the amendment of the Inland Revenue Act.
A proposal was made to re-issue bonds issued by the government at an interest rate of 9% under the domestic debt optimization program, and that process was set to begin today.
Sri Lanka has officially granted clearance for a research vessel operated by the Food and Agriculture Organization (FAO) of the United Nations to conduct scientific research in Sri Lankan territorial waters, the Ministry of Foreign Affairs, Foreign Employment and Tourism said.
The vessel is scheduled to carry out its mission from August 15 – August 20, 2025.
Dr. Fridtjof Nansen is a research vessel that conducts surveys, collecting vital data on fish stocks, biodiversity, and oceanographic conditions. It sought to carry out research activities in Sri Lankan waters, but the government had earlier denied access for it in the absence of standard operating procedures (SOPs) for foreign research vessels.
This posed the possibility of a cancellation, which could have deprived Sri Lanka of over USD 01 million worth of support while affecting future Green Climate Fund initiatives. It was also reported that the next possible deployment would not occur until after 2030.
A year-long moratorium on foreign research vessels expired in December 2024 followed by a cabinet decision in late January to appoint a special committee to amend the SOP for granting diplomatic clearance to foreign research vessels in Sri Lanka.
The Superintendent of the Anuradhapura Prison – Mohan Karunaratne who was in remand custody, has been granted bail.
The Anuradhapura Magistrate’s Court granted bail under two sureties of Rs. 500,000 each and imposed an overseas travel ban on him.
Karunaratne was arrested by the Criminal Investigation Department (CID) on June 08 over the alleged unauthorized release of an inmate convicted of multiple counts of fraud and corruption under a presidential amnesty.The case is to be taken up again on Aug. 04.
The Government of Sri Lanka has expressed grave concern about the latest developments in the Middle East.
A statement by the Ministry of Foreign Affairs, Foreign Employment and Tourism states, “We continue to call upon all parties to take concrete steps to de-escalate the situation.”
“All concerned parties should return to dialogue and engage in intense diplomatic efforts to establish and maintain peace with a view to ensuring stability in the Middle East region,” the statement adds.
