News
Pathfinder “In Conversation” Webinar ‘What can Sri Lanka, the World Bank and the IMF learn from each other?’
Dr. Shanta Devarajan talks to Dr. Indrajit Coomaraswamy
A Pathfinder Foundation hosted webinar with Prof. Shanta Devarajan will be held on Wednesday June 2 at 6.30 pm Sri Lanka/IST.
Dr. Devaranjan will be in conversation with Dr. Indrajit Coomaraswamy, Distinguished Fellow, Pathfinder Foundation and former Governor of the Central Bank of Sri Lanka and will speak on “What can Sri Lanka, the World Bank and the IMF learn from each other?”
The World Bank and the IMF are important pillars of the international financial architecture. The former is the premier development institution while the latter is key to global economic stability. There has been considerable controversy about the roles played by the “Bretton Woods twins” in the developing world over the years. Sri Lanka’s extensive relations with the World Bank and IMF, too, have not always been smooth.
Sri Lankan-born Shanta Devarajan, after a long and distinguished career at the World Bank, will explore whether there are lessons to be learnt on all sides.
Shanta Devarajan is Professor of the Practice of Development at Georgetown University’s Edmund A. Walsh School of Foreign Service. He was previously the Senior Director for Development Economics (DEC) and a former Acting Chief Economist of the World Bank Group. Since joining the World Bank in 1991, Dr. Devarajan has been a Principal Economist and Research Manager for Public Economics in the Development Research Group, and the Chief Economist of the Human Development Network, the South Asia Region and Africa Region.
He was a director of the World Development Report 2004, Making Services Work for Poor People. Before 1991, he was on the faculty of Harvard University’s John F. Kennedy School of Government. Dr. Devarajan’s research covers public economics, trade policy, natural resources and the environment, and general equilibrium modeling of developing countries.
Born in Sri Lanka, Dr. Devarajan received his B.A. in mathematics from Princeton University and his Ph.D. in economics from the University of California, Berkeley.
Previous webinars of the “In Conversation” series have featured Ambassador Shaym Saran, former Foreign Secretary to the Government of India on India and China disengagement process, Dr. Faris Hadad – Zervos, World Bank Country Director for Maldives, Nepal and Sri Lanka on Navigating an Economy in an Uncertain World and Ambassador Shivshankar Menon who discussed his most recent publication ‘India and Asian Geopolitics: The Past, Present’.
One may register to the public webinar via link:
https://us02web.zoom.us/webinar/register/WN_rNW3JLJeTAqCnbkVR8lz0Q
or by visiting the Pathfinder Face Book page https://www.facebook.com/Pathfinderfoundaton/
Latest News
627 confirmed dead, 190 persons missing as at 6:00 a.m. today [08]
The Situation Report issued by the Disaster Management Center at 0600hrs on 8th December 3035 confirms that 627 persons have lost their lives due to floods and landslide that occurred in the island during the past few days. The number of persons missing was 190.
News
Showers expected in the Northern, North-Central, Eastern and Uva provinces and Batticaloa and Ampara districts
WEATHER FORECAST FOR 08 DECEMBER 2025
Issued at 05.30 a.m. on 08 December 2025 by the Department of Meteorology
The Northeast monsoon conditions are gradually establishing over the island. Showery weather condition is expected to enhance over the Northern, North-central and Eastern provinces from tonight.
Misty conditions can be expected at some places in the Western, Sabaragamuwa, Central and Uva provinces during the early hours of the morning.
Showers will occur at times in the Northern, North-Central, Eastern and Uva provinces. Fairly heavy showers above 50 mm are likely at some places in the Batticaloa and Ampara districts.
Showers or thundershowers may occur at several places in other areas of the island after 1.00 p.m.
The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.
News
New landslide alerts as Ditwah aftermath worsens
Death toll hits 627, over 2.17 mn affected across 25 districts
The Disaster Management Centre (DMC) has issued fresh landslide warnings as relentless heavy rains continue to pound regions still reeling from Cyclone Ditwah.
The Department of Meteorology has cautioned that thunderstorms accompanied by heavy rainfall are likely across parts of the Western and Sabaragamuwa provinces, as well as Galle and Matara districts. Rainfall is expected to intensify further on the 9th, 10th, and 11th of this month.
Authorities urged the public to stay indoors in safe buildings or vehicles and avoid open areas such as coconut and tea plantations, playgrounds, and reservoirs, during adverse weather events. The public has also been advised against using fixed-line phones, electrical appliances, and open vehicles like bicycles, tractors, and boats due to the risk of lightning strikes and strong winds.
With the northeast monsoon gradually intensifying, occasional rains are also expected in the Northern, North Central, Eastern, and Uva provinces, with some areas of the Batticaloa district expected to receive up to 75 mm of rainfall. Misty conditions may affect parts of the Western, Sabaragamuwa, Central, and Uva provinces during early mornings.
The DMC has said the floods and landslides, triggered by Cyclone Ditwah, have so far claimed 627 lives, with 190 people still missing. More than 2.17 million people, across 25 districts, have been affected, including 611,530 families. A total of 4,517 houses have been destroyed, and 76,066 partially damaged, leaving over 80,500 homes affected, nationwide.
Kandy is the hardest hit District, recording 232 deaths, 81 missing persons, 1,800 fully destroyed houses, and over 13,000 partially damaged homes. Puttalam and Kurunegala reported 573 and 480 fully destroyed houses, respectively, while Kegalle, Ratnapura, Badulla, and Gampaha also suffered extensive property losses.
Authorities have set up 956 safety centres across the country, currently sheltering 27,663 families, totaling 89,857 people. Relief and rehabilitation efforts are ongoing, with priority given to food, water, and medical aid. Officials warned residents in landslide-prone areas to remain in shelters until conditions stabilise.
by Chaminda Silva
-
News5 days ago
Lunuwila tragedy not caused by those videoing Bell 212: SLAF
-
News4 days agoLevel III landslide early warning continue to be in force in the districts of Kandy, Kegalle, Kurunegala and Matale
-
Latest News6 days agoLevel III landslide early warnings issued to the districts of Badulla, Kandy, Kegalle, Kurunegala, Matale and Nuwara-Eliya
-
Features6 days agoDitwah: An unusual cyclone
-
Business2 days agoLOLC Finance Factoring powers business growth
-
News2 days agoCPC delegation meets JVP for talks on disaster response
-
News2 days agoA 6th Year Accolade: The Eternal Opulence of My Fair Lady
-
Midweek Review5 days agoHouse erupts over Met Chief’s 12 Nov unheeded warning about cyclone Ditwah
