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Houses given to 51 athletes to be reclaimed?

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The Urban Development Authority (UDA) says that houses granted by the government to 51 athletes will be reclaimed if violations of the related bilateral agreement are not corrected within 14 days.

51 Sri Lankan athletes who have achieved international success have been granted houses at the “Saurapura” apartment complex in Angulana, Moratuwa. Each house is worth Rs. 1.5 million.

According to this housing transfer agreement, each athlete must complete paying installments within 30 years. The payment has also been exempted from interest.

According to the UDA, the athletes have violated the agreement by failing to pay the installments on time while some houses have been left closed indefinitely. Some have been handed over to third parties, the UDA adds.

In a final reminder sent to these athletes, the UDA has warned that they will terminate the ownership and reclaim the houses since this sort of conduct goes against the relevant Cabinet decisions the Attorney General’s instructions obtained while handing over these houses.

Speaking to ‘Lankadeepa’, an UDA spokesman had pointed out that there are many people in the country without a roof over their heads. “We have given these houses at highly concessional rates and the athletes just have to pay a relatively small amount each month. If they are evading even that payment, then, we are left with no other choice,” the spokesman had said.

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Showers expected in part of the island today

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Several spells of light showers will occur in the Western, Sabaragamuwa and North-western provinces and in the Nuwara-Eliya, Kandy, Galle and Matara districts today (July 04), the Department of Meteorology said.

Showers or thundershowers may occur at a few places in the Uva province and in the Ampara and Batticaloa districts during the afternoon or night.

Meanwhile, fairly strong winds of about 30-40 kmph can be expected at times over the Western slopes of the central hills and in the Northern, North-central and North-western provinces and in the Trincomalee and Hambantota districts.

The general public has been requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

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IMF grants waivers despite obligation breach & erred reporting

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The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (EFF) as well as inaccuracies of information reported to the IMF.

However, the IMF has decided to grant waivers and not pursue further action, citing corrective measures and a commitment to reform by Sri Lankan authorities.

Following the Executive Board’s discussion, Deputy Managing Director and Acting Chair – Mr. Kenji Okamura, has issued the following statement:

“The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (“EFF”), as well as a breach of obligations under Article VIII, Section 5. The noncomplying purchases arose as a result of the provision of inaccurate information by the authorities on the stock of expenditure arrears at the first, second, and third reviews under the EFF.

“The inaccuracies in information provided to the IMF were inadvertent and arose because of weaknesses in the timely reporting of arrears by line ministries to the Ministry of Finance, as well as a misunderstanding by the authorities of the definition of “arrears” under the Technical Memorandum of Understanding. 

“The Executive Board positively considered the authorities’ corrective actions, the fact that arrears repayments will be accommodated within the existing fiscal envelope, and the authorities’ commitment to improving public financial management procedures in line with the new PFM law, to reduce the risk of accruing arrears or inaccurate reporting of information going forward. In view of the above, the Executive Board agreed to grant waivers for the nonobservances of the quantitative performance criterion that gave rise to the noncomplying purchases and decided not to require further action in connection with the breach of obligations under Article VIII, Section 5.”

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Abdul Wazeeth appointed to Parliament from SLMC national list

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Abdul Wazeeth of the Sri Lanka Muslim Congress (SLMC) has been appointed as a Member of Parliament, the National Election Commission has announced.

His appointment comes following the resignation of former MP M. S. Naleem, who had entered Parliament through the SLMC National List after the 2024 parliamentary election.

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