News

US and India welcome SL’s debt restructuring process

Published

11 months ago

June 27, 2024

editor

The US and India have welcomed Sri Lanka’s latest progress in the debt restructuring process.

Yesterday, Sri Lanka reached a final restructuring agreement for USD 5.8 billion of debt with its bilateral lenders’ Official Creditor Committee in Paris.

Sri Lanka also signed debt treatment agreements in Beijing with China Exim Bank to restructure USD 4.2 billion of debt.

Taking to X, US ambassador to Sri Lanka – Julie Chung has said, “We welcome the news of a final agreement on debt restructuring between Sri Lanka and creditor nations, reached today on the sidelines of the Paris Forum 2024. This is a positive step forward in Sri Lanka’s economic recovery and resilience, helping build more confidence in Sri Lanka’s fiscal environment. The U.S encourages Sri Lanka to continue the reform process, adopting transparent and sustainable changes that foster long-term prosperity and growth.”

In addition, On a X message, Randhir Jaiswal, official spokesman of the External Affairs Ministry of India, has also congratulated Sri Lanka on the progress and reiterated India’s commitment to Sri Lanka’s growth and prosperity.

“ is steadfast in its commitment to ’s growth and prosperity, demonstrated by the unprecedented assistance of USD 4 billion as well as the role played by as the co-chair of the OCC,” he has said.

We welcome the news of a final agreement on debt restructuring between Sri Lanka and creditor nations, reached today on the sidelines of the Paris Forum 2024. This is a positive step forward in Sri Lanka’s economic recovery and resilience, helping build more confidence in Sri…
— Ambassador Julie Chung (@USAmbSL) June 26, 2024

We congratulate the Government of Sri Lanka for the signing of the MoU between the Official Creditors Committee & 🇱🇰 on debt restructuring. This signifies the progress made by 🇱🇰 in its economic stabilisation & recovery.

🇮🇳 is steadfast in its commitment to 🇱🇰’s growth and… pic.twitter.com/lSx3KMbcQa
— Randhir Jaiswal (@MEAIndia) June 26, 2024

Sri Lanka finalizes debt restructuring agreement with official creditor committee

News

12-hr water cut in several areas of Colombo

Published

4 hours ago

May 23, 2025

editor

The National Water Supply and Drainage Board (NWSDB) has announced a 12-hour water cut from 8:00 a.m. to 8:00 p.m. on Sunday (May 25) in several areas, including Colombo, due to essential maintenance work at the Ambatale Water Treatment Plant.

Due to this, the public is urged to make prior arrangements and store an adequate supply of water to avoid inconvenience during the period of the suspension.

Accordingly, the water cut will affect the following areas:

Colombo 01 to Colombo 15
Sri Jayawardenepura Kotte
Kaduwela
Battaramulla
Kolonnawa
Kotikawatta
Mulleriyawa
IDH (Infectious Diseases Hospital) area
Maharagama
Dehiwala
Mount Lavinia
Ratmalana and Moratuwa

News

Investigations underway to arrest 20 criminals hiding overseas

Published

4 hours ago

May 23, 2025

editor

The Ministry of Public Security states that investigations are underway to arrest 20 members of major organized crime gangs currently hiding overseas.

Minister Ananda Wijepala stated that Interpol has already issued red notices for their arrest and that the countries where these criminals are hiding have been identified.

He added that investigations into the group have been expanded in coordination with the Ministry of Foreign Affairs.

Since the new government came to power, 11 members of organized crime gangs hiding abroad have been brought back to the island and produced before courts.

Meanwhile, operations to arrest members of organized crime gangs involved in various criminal activities, including murder and drug trafficking, within the country are also ongoing.

The Minister added that the Police Special Task Force and the Criminal Investigation Department (CID) are jointly conducting investigations into the allegations against them.

News

Ex-Minister Duminda Dissanayake arrested

Published

4 hours ago

May 23, 2025

editor

Former Minister and Anuradhapura District Organiser of the Sri Lanka Freedom Party (SLFP) – Duminda Dissanayake, has been arrested in connection with the ongoing investigation into the discovery of a gold-colored T-56 assault rifle at a luxury apartment complex in Havelock Town, Wellawatte.

The firearm, found earlier this week, led to the arrest of 03 suspects, based on information revealed during interrogations conducted in connection with the incident.