News
HC Moragoda bids farewell to Finance Minister of India
Sri Lanka’s High Commissioner to India Milinda Moragoda who is to complete his tenure in Delhi shortly, paid a farewell call on the Minister of Finance and Corporate Affairs of India Smt. Nirmala Sitharaman today (27) at the Finance Ministry in New Delhi.
During the call, the High Commissioner expressed his appreciation to Minister Sitharaman for the support and guidance she provided during his tenure. The High Commissioner once again thanked the Minister for her personal intervention in providing Sri Lanka with close to four billion dollars to stabilize the economy during last year’s financial crisis.
High Commissioner Moragoda thanked Minister Sitharaman for the leadership that the government of India took towards the realization of the International Monetary Fund’s Extended Fund Facility (EFF) Arrangement for Sri Lanka. He particularly thanked Minister Sitharaman for her personal involvement in taking up Sri Lanka’s case with bilateral development partners as well as multilateral financial agencies including the IMF in this context.
As a token of appreciation and goodwill, High Commissioner Moragoda presented to Minister Sitharaman two volumes of the publication Urumayaka Arumaya by the Department of Archaeology of Sri Lanka featuring murals of the Kelaniya Raja Maha Viharaya, which also include several murals that depict the gift of Buddhism to Sri Lanka from India, and a stone obtained from the stream flowing besides the Seetha Amman Temple in Seetha Eliya (Ashoka Vatika) in Sri Lanka.
News
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
The book “Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” ,authored by Secretary to the Ministry of Finance, Mr. Mahinda Siriwardana, was officially launched this morning (08) at the Galle Face Hotel, Colombo, with the participation of President Anura Kumara Disanayake.
The first copy of the publication was formally presented to President Disanayake by Mr. Siriwardana during the event.
It has been reported that former State Minister Sivanesathurai Chandrakanthan alias ‘Pilleyan’ has been arrested by the Criminal Investigation Department (CID).
A meeting between President Anura Kumara Disanayake and senior officials of SriLankan Airlines was held this afternoon (April 8) at the Presidential Secretariat.
The discussions mainly focused on proposals to transform SriLankan Airlines into a more profitable state-owned enterprise. Special attention was also given to possible short-term and long-term solutions for the airline’s debt management.
The talks further explored new investment opportunities for the airline. The President instructed the officials to take all necessary steps to transform SriLankan Airlines into a profit-making entity.
Although the airline has recorded operational profits, due to past mismanagement and poor decision-making, it remains one of the leading loss-making state enterprises. The current government has decided to reverse the previous administration’s decision to privatize the airline. Instead, it plans to continue operating it as the national carrier while introducing a new management structure to ensure its profitability moving forward.
Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, President’s Senior Advisor Duminda Hulangamuwa, Chairman of SriLankan Airlines Sarath Ganegoda along with several senior officials of SriLankan Airlines, were present at the meeting.
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
Former state minister arrested by CID
President meets with senior officials of SriLankan Airlines
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