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Talks with IMF – SL creditors on Nov. 03

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Another crucial discussion of Sri Lanka’s creditors is scheduled to be held on November 3rd, the President Media Division states.

Debt restructuring in Sri Lanka is to be discussed at length during this discussion, the PMD adds.

Chief of Staff and Senior Advisor to the President on National Security Mr Sagala Ratnayake met with the outgoing IMF Resident Representative for Sri Lanka Tubagus Feridhanusetyawan and the incoming IMF Resident Representative for Sri Lanka Ms Sarwat Jahan at the Presidential Secretariat yesterday (27).

The three-member IMF team met with Mr Sagala Ratnayake and exchanged views on prior action and debt restructuring.

Mr Ratnayake assured the IMF team that he would brief President Ranil Wickremesinghe on the matters that were discussed at this meeting and convey his response to them.

President’s Senior Adviser on Economic Affairs R.H.S. Samaratunga also joined the discussion yesterday.

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University non-academic staff to launch indefinite strike

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Non-academic staff members of all state universities have also commenced an indefinite strike from noon today (May 02).

Secretary of the non-academic staffers’ union said the authorities have failed to heed their demands despite being briefed about their issues on multiple occasions.

Meanwhile, the Joint Committee of Government Executive Officers launched a two-day token strike on Thursday (02) by reporting sick.

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Drugs haul linked to ‘Dubai Kapila’, seized

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Police Special Task Force (STF) personnel have recovered a stock of drugs allegedly belonging to an underworld figure, during a raid carried out near the Sri Jayewardenepura University, Nugegoda.

Accordingly, the seized drugs include 13 kg of heroin, 06 kg of hash and 0.5 kg of cocaine while Rs. 1.5 million in cash was also taken into custody during the special raid.

According to the STF, the seized stock of drugs allegedly belongs to the underworld figure known as “Dubai Kapila”.

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‘CEB saving Rs. 80 Mn. daily after Uma Oya project opening’

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Director of the Uma Oya Multi Purpose Development Project – D.C.S. Alakanda has said that the Ceylon Electricity Board is saving around Rs. 80 million per day following the opening of the project.

Electricity generation through this is more effective than other sources of generation and the project has helped the CEB save approximately Rs. 1.5 billion within operations carried out for a month, he has added.

The project was jointly inaugurated by visiting Iranian President – Dr. Ebrahim Raisi & Sri Lankan President Ranil Wickremesinghe on April 24.

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