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SLC donates another Rs. 120 mn. to the National Sports Fund

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Sri Lanka Cricket has donated Rs. 120 million to the National Sports Fund, earned by selling match tickets during the Australia Tour of Sri Lanka in 2022.

The grant was made in keeping with a promise Sri Lanka Cricket made to the Ministry of Sports and Youth Affairs while the Australian tour was on.

The latest grant is the result of an initiative by SLC President Mr. Shammi Silva and members of Sri Lanka Cricket’s Executive Committee.

The Australia Tour of Sri Lanka 2022 took place during June and July 2022, and consisted of two test matches, five one-day internationals, and three Twenty20 internationals.

The funds were handed over to the Ministry of Sports and Youth on the 3rd November 2022.

Earlier in the year, Sri Lanka Cricket also donated a sum of Rs. 100 million to the National Sports Fund and another Rs. 22.5 million to help Sri Lanka’s participation in the 2022 Commonwealth Games in Birmingham, UK, and a donation of Rs. 2 million each (totaling Rs. 36 million) was given to the netball players and coaches who represented Sri Lanka and won the Asian Netball Championship.

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Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

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The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

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Derailed train causes delays on coastal line

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A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

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Kristalina Georgieva to head IMF for a 2nd term

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The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024.

The appointment comes ahead of the start of the fund’s spring meetings in Washington next week.

Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.

In a statement, the coordinators of the Executive Board, Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah has said, “Looking ahead, the Board welcomes Ms. Georgieva’s ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership. It recognizes her focus on strengthening the Fund’s support to its members through effective policy advice, capacity development and financing. The Board looks forward to continuing to work closely with the Managing Director.”

“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director for a second five-year term,” Ms. Georgieva has said.

The Bulgarian national has served as Managing Director since October 1, 2019. The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in overseeing the Fund’s operations, which serve its membership through about 3,100 staff.

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