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Minister Semasinghe paints glowing picture emanating from WB budgetary support 

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State Minister of Finance, Shehan Semasinghe, on Tuesday, said the country had received 250 million US dollars from the World Bank as budgetary support.

Speaking to journalists in Colombo, he said that the World Bank, on 28 June, approved 700 million dollars in financing as budgetary and welfare support for Sri Lanka.

Out of that amount, 500 million dollars were allocated for the ‘Sri Lanka Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation’, he said.

Semasinghe said RESET would support reforms that improve economic governance, enhance growth and competitiveness, and protect the poor and vulnerable.

RESET would provide budgetary support in two equal tranches against agreed-upon prior actions, he said.

“The 250 million US dollars is the first tranche.

The remaining 200 million dollars are earmarked for the ‘Social Protection Project,” which seeks to support Sri Lanka in providing better-targeted income and livelihood opportunities to the poor and vulnerable and improving the responsiveness of the social protection programme.”

Semasinghe said the WB assistance would help the country implement foundational reforms to restore macroeconomic stability and sustainability, mitigate the impact of current and future shocks on the poor and vulnerable, and support an inclusive and private sector-led recovery and growth path.



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Landslide early warnings issued to the Districts of Gampaha, Kalutara and Ratnapura

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The National Building Research Organisation (NBRO) has issued landslide early warnings to the districts of Gampaha, Kalutara and Ratnapura valid untill 0300 hrs on 23rd May 2026.

Accordingly,

Level II landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Attanagalla in the Gampaha district and Ratnapura and Kuruvita in the Ratnapura district.

Level I landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Bulathsinghala in the Kalutara district and Eheliyagoda in the Ratnapura district.

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President’s Fund to consider scholarships for children of low-income lottery sellers

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The President’s Fund has expressed its attention towards providing a monthly scholarship allowance for school-going children of low-income lottery sellers, as a means of supporting their educational needs.

This was revealed during a discussion held om Wednesday  (20) at the Presidential Secretariat between the Secretary to the President’s Fund and Senior Additional Secretary to the President, Roshan Gamage and officials of the National Lotteries Board and the Development Lotteries Board.

The President’s Fund currently provides financial assistance across a wide range of sectors to support low-income groups, while also implementing various scholarship schemes for schoolchildren. As an additional step, approval has reportedly been granted by the governing board of the President’s Fund to extend scholarships to children of low-income lottery sellers.

It was noted that the National Lotteries Board and Development Lotteries Board make a significant contribution to the President’s Fund. However, discussions also highlighted the fact that the living conditions of lottery sellers, who play a key role in generating revenue for these institutions, have remained largely unchanged. Accordingly, attention has been directed towards recognising their contribution and providing relief to ease their financial burden.

The proposal to introduce scholarships for school-going children of low-income lottery sellers through the President’s Fund was discussed in detail. Officials of both the National Lotteries Board and the Development Lotteries Board expressed their willingness to support the initiative. It was also decided that the programme would be implemented expeditiously through Divisional Secretariats.

Among those present were Chairman of the National Lotteries Board M. D. C. Anton Perera, General Manager of the National Lotteries Board A. M. Arif, and General Manager of the Development Lotteries Board W. K. A. A. Jayarathne, along with other officials.

 (PMD)

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Showers above 200 mm are likely at some places in the Western, Sabaragamuwa and North-western provinces and showers above 100 mm are likely at some places in Galle, Matara, Kandy and Nuwara-Eliya districts.

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WEATHER FORECAST FOR 22 MAY 2026
Issued at 05.30 a.m. on 22 May 2026 by the Department of Meteorology

The South-West monsoon is gradually getting established over the island and the current rainy conditions over the south-western parts of the island are expected to continue further for the next few hours.

Showers or thundershowers will occur at times in the Western, Sabaragamuwa and North-western provinces and in Galle, Matara, Kandy and Nuwara-Eliya districts. Very heavy showers above 200 mm are likely at some places in the Western, Sabaragamuwa and North-western provinces. Heavy showers  above 100 mm are likely at some places in Galle, Matara, Kandy and Nuwara-Eliya districts. Several spells of showers will occur in the Northern province and in Anuradhapura district while showers or thundershowers may occur at a few places in the Uva province and in Ampara and Batticaloa districts after 2.00 pm.

Fairly strong winds about (35-45) kmph can be expected at times over the Western slopes of the central hills, the Northern, North-central, North-western and Southern provinces and in Trincomalee district.

The general public is kindly requested to take adequate precautions to minimize damage caused by temporary localized strong winds and lightning during thundershowers

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