News
Fin Min, delegation meet with top US State Dept, IMF officials
Minister of Finance Ali Sabry and his delegation held crucial meetings with the top officials of the U.S. Department of State and USAID as well as top officials of the International Monetary Fund including its Managing Director Kristalina Georgieva in Washington, DC Wednesday.
A meeting was convened for high level engagement with the Minister of Finance M.U.M. Ali Sabry P.C. and the U.S. Department of State experts Donald Lu, Assistant Secretary – Bureau of South and Central Asian Affairs and John McDaniel, Chief of the Economic Unit of the U.S. Department of State along with the experts of USAID Deputy Assistant Administrator Anjali Kaur, and Sanjay R. Iyer, the International Cooperation Specialist at the residence of the Ambassador of Sri Lanka for U.S. Mahinda Samarasinghe.
The successful discussion had focused on a variety of options and solutions for strategic economic development for short term and midterm challenges.
Finance Minister Sabry and the Governor of Central Bank of Sri Lanka Dr. Nandalal Weerasinghe discussed overcoming the ongoing economic challenges in Sri Lanka with the U.S. officials.
The Finance Minister has received the assurance of the valuable support from the esteemed institutions to strengthen the economy of Sri Lanka, the Finance Ministry said.
Assistant Secretary Lu said U.S. welcomes Sri Lanka and IMF working towards a sustainable solution to relieve the economic hardships for its people.
The Assistant Secretary has said the United States is committed to supporting Sri Lanka’s efforts to stabilize its economy and set the country on a path toward a sustainable and prosperous future for all Sri Lankans.
The Minister of Finance Ali Sabry and Governor of Central Bank Dr. Nandalal Weerasinghe also held a meeting with IMF Managing Director Kristalina Georgieva at the IMF on the 20th of April 2022.
The key highlights of the discussion had premised upon the Policy actions required to be taken to address the economic challenges of Sri Lanka.
The Managing Director has assured her sincere commitment to work together towards mapping a pathway to assist the economic recovery for Sri Lanka.
“Thank you Minister Ali Sabry and Governor Weerasinghe for being with us in person at the Spring IMF Meetings during these difficult times. We discussed policy actions to address economic challenges and undertook to work together towards mapping a pathway to Sri Lanka’s recovery,” Georgieva tweeted after the meeting.
Minister Sabry and Central Bank Governor Dr. Weerasinghe also met with the IMF First Deputy Managing Director Gita Gopinath on Wednesday at the IMF headquarters in Washington, DC.
The discussion between the distinguished delegates focused on the challenges faced by Sri Lanka and the mechanisms and measures required to address the economic challenges expeditiously, the Finance Ministry said.
Latest News
Sun directly overhead Kalpitiya, Talawa, Sinharagama, Galkadawala, Nachchaduwa, Padikaramaduwa, Gomarankalla and Verugal about 12.10 noon today (01)
The sun is going to be directly over the latitudes of Sri Lanka from 28th of August to 07th of September due to its apparent southward relative motion.
The nearest places of Sri Lanka over which the sun is overhead today (01) are Kalpitiya, Talawa, Sinharagama, Galkadawala,
Nachchaduwa, Padikaramaduwa, Gomarankalla and Verugal about 12.10 noon.
News
SJB asks what Speaker intended to do about allegations against CJ
… stresses need for action if claims were proved false
Samagi Jana Balawegaya (SJB) MP Dayasiri Jayasekera has sought a clarification from Speaker Dr. Jagath Wickremaratne regarding several allegations against Chief Justice Preethi Padman Surasena, in Parliament, recently.
In a letter dated 31 August, Jayasekera has asked the Speaker whether he received any documentary evidence from MPs in support of the allegations at issue. The SJB MP has also inquired about the steps taken by the Speaker regarding the allegations and whether the issue had been taken up with the relevant agencies authorised to probe the assets of the CJ and members of his family.
MP Jayasekera confirmed that he had raised the issue with the Speaker, following the accusations relating to the high profile X-Press Pearl case, which received significant public attention in the recent past.
The Kurunegala District MP has also asked the Speaker whether the latter contemplated taking action in case the allegations were proved false to ensure that the dignity of the Chief Justice and the judiciary was safeguarded.
Among the issues raised by MP Jayasekera are the acquisition of valuable property in Colombo by the CJ’s son, the circumstances in which he was able to procure the property, as well as accusations regarding the CJ’s birth certificate, marriage certificate and birth certificates of his children.
News
Navy Chief attends strategic-level discussions in Delhi
Navy Chief Vice Admiral Damian Fernando held a series of strategic-level discussions with senior Indian defence and military officials during a three-day official visit to New Delhi. He returned on Sunday (30).
Navy Headquarters said that the two sides discussed ways to further strengthen maritime security cooperation between the two Navies in support of security in the Indian Ocean region. They also exchanged views on expanding training opportunities and capacity-building programmes, as well as other areas of bilateral importance.
During his visit to New Delhi, Vice Admiral Fernando also held official discussions with India’s Chief of Defence Staff, General N.S. Raja Subramani, Defence Secretary Rajesh Kumar Singh and Vice Chief of the Air Staff, Air Marshal Ashutosh Dixit and defence industry representatives. Discussions at these meetings focused on bilateral defence cooperation, joint training programmes, and opportunities to enhance air and maritime cooperation in the Indian Ocean Region.
As part of efforts to further expand cooperation in naval training and professional development, Vice Admiral Fernando also met Vice Admiral Sameer Saxena, Flag Officer Commanding-in-Chief of India’s Southern Naval Command, at its headquarters in Kochi, Kerala. The two sides discussed existing naval training exchange programmes and opportunities for introducing and expanding further training initiatives. The meeting followed the Commander of the Sri Lanka Navy’s visit to INS Dronacharya, the Indian Navy’s training establishment where he previously completed the Long Gunnery and Missile Course.
-
News4 days agoEight politicians in drug kingpin probe
-
Features2 days ago“Wrap Me Up in My Blazer”— A Gentlemanly Bradby Reminiscence
-
Business4 days agoSri Lanka opens up: A new season of direct connectivity
-
Features6 days agoInsights from Chieftains of Uva: Genealogy of two Kandyan Families – Part II
-
Features4 days agoRedefining ageing in Sri Lanka
-
Latest News5 days agoNepal-Tibet floods: What happened, what caused them and who is missing?
-
Editorial6 days agoWarning of power cuts: El Niño and corruption
-
Features6 days agoExport diversification: Missing the wood for the trees – Part I
