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SL hopes to reach agreement with pvt. bondholders next week – President

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President Ranil Wickremesinghe announced that the Sri Lankan government expects to conclude discussions and reach an agreement with private bondholders on restructuring the country’s debt next week.

He made this statement while addressing the “Ekwa Jayagamu” public rally in Matara on Sunday (30).

In a significant milestone, Sri Lanka recently sealed a deal with the Official Creditor Committee (OCC) to restructure the debt owed to its bilateral lenders, including India, and signed a separate agreement with China for debt treatment.

Wickremesinghe noted that since signing the agreements with bilateral creditors, representatives of private bondholders have begun discussions with the government.

“As of now, we have successfully achieved progress on both sides. We are expecting to successfully conclude this by next week,” he said.

The President also announced that elections, including the Presidential Election, General Election, and Provincial Council Election, will take place within this year and next year.

The United National Party (UNP) and a section of the Sri Lanka Podujana Peramuna (SLPP) launched the President’s election campaign island-wide, starting from Matara under the theme ‘Ekwa Jayagamu’ (Victory Through Unity).

The rally was attended by Ministers Prasanna Ranatunga, Kanchana Wijesekera, Ali Sabry, Harin Fernando, Manusha Nanayakkara, Ramesh Pathirana, Douglas Devananda, North Western Province Governor Lakshman Yapa Abeywardena, and President’s Chief of Staff and Senior Advisor on National Security Sagala Ratnayake.

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MP Ali Sabri Raheem released on bail (Update)

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Puttalam District MP Ali Sabry Raheem has been granted bail after being produced before the Puttalam Magistrate’s Court today (July 20).

The Puttalam Acting Magistrate has ordered the MP to be released on a surety bail of Rs. 200,000 and also to appear before court on 22 July.


(Previous News on 20th July, 2024 at 11:51am)

MP Ali Sabri arrested

Puttalam District MP Ali Sabri Raheem was arrested by Kalpitiya police earlier today (20). 

The parliamentarian, against whom a warrant had been issued recently, had appeared before the Kalpitiya Police this morning (20), after which he was arrested, police said.

Police said that he will be produced before the court today.

In March, the Puttalam District MP was suspended from Parliament for a period of one month, after a resolution proposing the suspension of Raheem from parliamentary proceedings was approved in the Parliament.

Raheem was embroiled in controversy last year after he was detained at the Bandaranaike International Airport (BIA) in Colombo along with a stock of undeclared gold and mobile phones.

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Teachers and principals to work to rule for two weeks starting Monday

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The Teacher-Principal Trade Union Alliance has announced that the work-to-rule campaign will begin for two weeks starting Monday, as previously decided.

The Alliance stated that this action is due to the failure of negotiations held yesterday (19), which included Education Minister Susil Premajayantha, Treasury officials, Public Service Commission officials, and others.

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105 killed in Bangladesh protests; nationwide curfew imposed

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At least 105 people have been killed in Bangladesh as police cracked down on unrelenting student-led protests against govt job quotas despite a ban on public gatherings.

The govt has decided to impose a nationwide curfew and deploy the army.

Earlier in the day, telecommunications were disrupted and television news channels went off the air.

Authorities had cut some mobile telephone services the previous day to try to quell the unrest. 

According to reports, police and security officials fired bullets and tear gas at protesters and banned all gatherings in the capital Dhaka. 

The protests, which began weeks ago but escalated sharply this week, represent the biggest challenge to PM Sheikh Hasina since she won a fourth consecutive term in office after the January polls.

The government has deployed police and paramilitary forces across the capital to lock down campuses and break up protests. 

On Wednesday, universities including the country’s largest suspended classes and closed dormitories, and on Friday police in Dhaka said they were banning all gatherings and demonstrations in the capital. 

According to foreign media, border guard officials fired at a crowd of more than 1,000 protesters who had gathered outside the head office of state-run Bangladesh Television, which was attacked on Thursday. 

The border guards shot at the crowd with rifles and sound grenades, while police officers fired tear gas and rubber bullets. Bullets littered the streets, which were also marked by smears of blood. 

Internet services and mobile data were widely disrupted on Thursday night and remained down on Friday in the capital, Dhaka. 

Social media platforms like Facebook and WhatsApp were also not loading. A statement from the Telecommunication Regulatory Commission said they were unable to ensure service after their data center was attacked by demonstrators, who set fire to equipment. 

Student protesters said they will extend their calls to impose a shutdown on Friday, and urged mosques to hold funeral prayers for those who have been killed.

Source: Times Of India

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