News

Talks held on 4th review of IMF programme

Published

3 months ago

April 7, 2025

editor

A meeting between President Anura Kumara Disanayake and representatives of the International Monetary Fund (IMF) was held this morning (April 07) at the Presidential Secretariat.

The discussions centred on the preliminary review associated with the fourth tranche of Sri Lanka’s Extended Fund Facility (EFF) arrangement with the IMF.

Key focus areas included Sri Lanka’s progress thus far under the IMF-supported programme and the next steps required to achieve the country’s future economic targets.

Both parties also exchanged views on emerging economic challenges, particularly in light of new trade tariffs proposed by the United States and their potential implications for Sri Lanka.

The IMF delegation was led by Mr. Sanjaya Panth, Deputy Director for the Asia and Pacific Department and included Mr. Peter Breuer and Mr. Evan Papageorgiou, Senior Mission Chiefs.

Representing the Government of Sri Lanka were Minister of Labour and Deputy Minister of Economic Development Anil Jayantha Fernando, Deputy Minister of Finance & Planning, Harshana Suriyapperuma, Governor of the Central Bank Dr. Nandalal Weerasinghe, Senior Economic Advisor to the President Duminda Hulangamuwa and Secretary to the Ministry of Finance Mahinda Siriwardena.

(President’s Media Division)

BIZ

Lanka IOC donates Rs. 100 mn. to the President’s Fund

Published

5 hours ago

July 4, 2025

editor

The Lanka Indian Oil Company (LIOC) has donated Rs. 100 million to the President’s Fund.

Mr. Dipak Das, Managing Director of Lanka Indian Oil Company, handed over the relevant cheque to Dr. Nandika Sanath Kumanayake, Secretary to the President, at the Presidential Secretariat today (July 04).

It is noteworthy that this donation is in addition to the contributions Lanka Indian Oil Company already makes to the education, health and cultural sectors in the country.

Mr. Roshan Gamage, Senior Additional Secretary to the President and a group of representatives from Lanka Indian Oil Company were also present at the occasion.

Mr. Das was a part of the CEOs delegation of the Confederation of Indian Industry (CII) who was in Colombo from June 29 – July 02.

News

Bus veers off road and crashes into a tree (Pics)

Published

5 hours ago

July 4, 2025

editor

A Sri Lanka Transport Board (SLTB) bus has veered off the road and crashed into a tree near the Deduru Oya bridge along the Chilaw – Puttalam Road.

It is reported that the accident took place around 11.30 am today (July 04) while the bus was plying from Point Pedro to Colombo.

Injured passengers in the accident have been admitted to the Chilaw General Hospital.

(Pics : Facebook)

News

S.M. Chandrasena remanded (Update)

Published

5 hours ago

July 4, 2025

editor

Former Minister S.M. Chandrasena, who was arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) earlier today (July 04), has been remanded until July 18th.

(Previous news 2025 July 04 – 10.49.am)

Ex-Minister S.M. Chandrasena arrested

Former Minister – S.M. Chandrasena has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) a short while ago.

Chandrasena had appeared before the CIABOC today (July 04) to record a statement.