TO DISCUSS SRI LANKA DEBT RESTRUCTURING URGED BY JAPANESE FINANCE MINISTER

Japan urges creditor nations to discuss SL debt restructuring Finance Minister of Japan Shunichi Suzuki has urged all creditor nations including China and India to discuss Sri Lanka’s debt restructuring. The announcement comes after Sri Lanka reached a staff-level agreement…

PETITION CHALLENGING CHANGES TO SLFP CONTITUTION DISMISSED BY DISTRICT COURT, COLOMBO

Petition challenging changes to SLFP constitution, dismissed The Colombo District Court today (02) dismissed a petition filed challenging the amendment to Sri Lanka Freedom Party constitution. The petition was filed by a party Ex-Co member named Montague Sarathchandra. SLFP constitution…

MEMBERS OF PARLIAMENT DEFEND GOVERNOR OF CBSL IN PARLIAMENT

MPs defend CBSL governor in Parliament Sri Lanka’s Opposition Leader Sajith Premadasa has alleged there is a conspiracy afoot to remove Central Bank Governor Dr. Nandalal Weerasinghe. Chairman of the Committee on Public Finance Dr. Harsha De Silva slammed the…

FIELD MARSHAL SARATH FONSEKA ALLEGES FORMER CRICKET STAR MUTTIAH MURALITHARAN OBTAINED AROUND 700 ACRES OF LAND

SF alleges that Murali obtained land Samagi Jana Balawegaya MP – Field Marshal Sarath Fonseka has alleged that people like former cricket star – Muttiah Muralitharan have obtained around 700 acres of land. Speaking in Parliament yesterday (01), the MP…

APPROPRIATION (AMENDMENT) BILL PASSED

Appropriation (Amendment) Bill passed The Appropriation (Amendment) Bill has been passed in Parliament.

ON CHINESE FERTILIZER CASE AG ISSUES RECOMMENDATION

AG issues recommendation on Chinese fertilizer case Sri Lanka’s Auditor General has recommended that legal action be instituted against those responsible for causing a loss to the government by releasing funds for the Chinese Fertilizer shipment with zero supervision and…

GOTABHAYA ARRIVES IN SRI LANKA

Gota returns to SL Former President Gotabaya Rajapaksa arrived at the Bandaranaike International Airport in Katunayake a short while ago.

A GRANT OF USD 2.9 BILLION LOAN BY IMF TO SRI LANKA

IMF gives USD 2.9 billion loan to Sri Lanka The International Monetary Fund (IMF) and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka’s economic policies, the IMF officially announced a short while ago. Accordingly, Sri…

PRESIDENT APPOINTS EIGHT TASK FORCES

President appoints 08 task forces On the instructions of President Ranil Wickremesinghe, 08 task forces consisting of heads of the public and private sectors was established at the President’s Office today (01) in order to create good investment opportunities and…

ON DEBT RESTRUCTURING CHINA RAISES CONCERNS

China responds to concerns on debt restructuring The Chinese embassy in Sri Lanka says that they hope Sri Lanka will work actively with China and work out a feasible solution expeditiously, amid concerns on debt restructuring by Chinese creditors. Earlier…