News

World bank releases US$250mn budget support to SL

Published

1 year ago

December 20, 2023

editor

Washington-based World Bank said has announced that it had released a 250 million US dollar budget support loan to Sri Lanka out of 500 million which was originally approved in June.

The second tranche is released after assessing that “satisfactory progress is being made on reforms, the macroeconomic policy framework remains adequate, and the Banking (Special Provisions) Act has been enacted, the statement said.

“Continued momentum on economic and structural reforms is critical not only to stabilize the economy, but also to unleash its potential for private sector-led growth and transformation,” Faris H. Hadad-Zervos, World Bank Country Director for Sri Lanka said in the statement.

The reform-based lending is co-ordinated with the IMF, ADB and other agencies, the World Bank said.

Sri Lanka is getting a series of budget support loans from lending agencies linked to completed structural benchmarks in the IMF program.

(economynext.com)

News

Colombo Fort – KKS express to resume daily

Published

9 hours ago

June 14, 2025

editor

Sri Lanka Railways says the Colombo Fort – Kankesanthurai Express train will resume daily operations within this month.

It is operating only on weekends at the present.

SLR says that the daily operations will now commence following capacity improvements.

News

Doctors say rest is crucial for children with flu symptoms

Published

9 hours ago

June 14, 2025

editor

Pediatricians have warned that children showing symptoms of influenza may suffer heart damage if they engage in sports or strenuous physical activity.

Dr. Deepal Perera, Consultant Pediatrician at Lady Ridgeway Hospital for Children, has advised parents to keep children with such symptoms at home and avoid sending them to school or preschool.

He has also noted that there are rising cases of Dengue, Chikungunya and Diarrhea among children as well.

News

KKS police station receives anonymous threat call

Published

9 hours ago

June 14, 2025

editor

The Kankesanthurai Police Station has reportedly received an anonymous phone call alleging that around 10 police stations in the Northern Province would come under attack.

The call was received between 1:15 p.m. and 1:20 p.m. on 11 June, police said.

Police investigations have been launched in connection with the anonymous threat.

Meanwhile, the Police Media Division stated that enhanced security measures are being implemented to ensure the safety of police stations across the Northern Province.

(adaderana.lk)

(This story, originally published by adaderana.lk has not been edited by SLM staff)