Latest News
All services provided by the President’s Fund to the public will be available through an online system, from June 21
The acceptance of applications for medical assistance under the President’s Fund through Divisional Secretariats island wide commenced on February 7. Following the successful implementation of that initiative, preparations have now been completed to expand the digital system to include all other services offered by the Fund.
Accordingly, the public will be able to apply online via any Divisional Secretariat across the country for a wide range of services provided under the President’s Fund. These include assistance for poverty alleviation, provision of educational scholarships, recognition of students demonstrating academic excellence, support for individuals with special needs, relief assistance for children affected by wild elephant conflict, recognition of individuals for their national service or contributions to the country, Emergency and disaster relief.
This digital transformation marks a significant milestone, as it enables people across Sri Lanka to access services of the President’s Fund from anywhere in the country for the first time in its 47-year history, which had previously been limited to Colombo-based operations.
This move comes as a result of a decision taken by the Board of Governors of the President’s Fund, chaired by the President. It is expected to broaden access to assistance for a larger number of beneficiaries while also minimizing opportunities for misuse of the Fund.
[PMD]
Foreign News
South Korea’s former first lady sentenced to jail term in bribery case
A South Korean court has sentenced former First Lady Kim Keon Hee to one year and eight months in prison after finding her guilty of accepting bribes from the Unification Church, according to South Korea’s official Yonhap news agency.
The Seoul Central District Court on Wednesday cleared Kim, the wife of disgraced ex-President Yoon Suk Yeol, of additional charges of stock price manipulation and violating the political funds act.
Kim was accused of receiving bribes and lavish gifts from businesses and politicians, as well as the Unification Church, totaling at least $200,000.
The prosecution team had also indicted Unification Church leader Han Hak-ja, now on trial, after the religious group was suspected of giving Kim valuables, including two Chanel handbags and a diamond necklace, as part of its efforts to win influence with the president’s wife.
Prosecutors in December said Kim had “stood above the law” and colluded with the religious sect to undermine “the constitutionally mandated separation of religion and state”.

Prosecutor Min Joong-ki also said South Korea’s institutions were “severely undermined by abuses of power” committed by Kim.
The former first lady had denied all the charges, claiming the allegations against her were “deeply unjust” in her final testimony last month.
But she has also apologised for “causing trouble despite being a person of no importance”.
[Aljazeera]
Foreign News
Plane crash kills prominent Indian politician Ajit Pawar
A plane crash has killed the deputy chief minister of India’s Maharashtra state, Ajit Pawar, the country’s aviation regulator has said.
The plane, which took off from the state capital, Mumbai, on Wednesday, crash-landed at the airport in Pawar’s constituency of Baramati, according to the Directorate General of Civil Aviation (DGCA).
Two members of the prominent politician’s staff and two crew members were also reported to have been killed.
The cause of the crash has not yet been officially confirmed.
Flightradar24, an online flight tracking service, said the aircraft was attempting a second approach to Baramati airport when it crashed.
The Times of India newspaper quoted DGCA officials as saying the aircraft, a Learjet 45 operated by a company called VSR, crashed at about 8:45am local time (03:15 GMT).
The daily said Pawar, the nephew of veteran politician Sharad Pawar, who founded the Nationalist Congress Party (NCP), was on his way to attend a public rally for the district council elections.
A witness quoted by the newspaper said the aircraft exploded moments after hitting the ground.
“When we rushed to the spot, the aircraft was on fire. There were four to five more explosions. People tried to pull the passengers out, but the fire was too intense,” said the witness.

Pawar, 66, built his political base through the grassroots cooperative movement. He was a key figure in state politics and served as the second-highest elected official in Maharashtra, as part of the larger federal governing coalition led by Prime Minister Narendra Modi.
He wielded considerable influence in the state’s vibrant sugar belt and was known for his ability to mobilise rural voters.
[Aljazeera]
Latest News
New circular issued to support disaster-affected Micro, Small and Self-Employed Businesses
A new circular has been issued by the Ministry of Finance, Planning and Economic Development to provide relief to micro, small and self-employed businesses affected by the emergency situation caused by Cyclone Ditwah. The circular has been issued in line with Circular No. 08/2025, which was introduced to restore disrupted livelihoods following the disaster.
The Government programme to empower communities affected by the disaster was introduced through Budget Circular No. 08/2025 dated December 5, 2025. Expanding this relief framework further and ensuring more effective and efficient delivery of assistance, additional circulars No. 08/2025(i) dated December 20, 2025 and No. 08/2025(iii) dated January 22, 2026 have been issued.
The social empowerment programme under the newly issued circular is structured as follows.
Assistance for affected individual, small and micro businesses
A one-time grant to restore businesses damaged by the disaster to a condition suitable for reopening.
LKR 200,000 for individual, small and micro-businesses registered with the Ministry of Industry.
LKR 200,000 for individual, small and micro-businesses registered with the Divisional Secretariat as a business entity.
LKR 50,000 for unregistered home-based businesses operated from a permanent structure.
LKR 50,000 per unit for unregistered production industries, including greenhouses.
LKR 25,000 for temporary business setups, including mobile and street hawking.
A grant will be provided to owners of the commercial buildings affected by the disaster to restore their business premises to operational condition.
A grant of Rs. 500,000/- will be provided to each business building owner who voluntarily opts to receive assistance without a damage assessment.
A grant of up to Rs. 5,000,000/- will be provided to each business building owner who opts to receive assistance after a damage assessment, based on the assessed value of the building.
In addition to the above grants, the following loan facilities have also been provided.
In addition to these grants, the Treasury has introduced a new credit scheme to provide loans for business owners whose enterprises were affected by the disaster, enabling them to restart their operations and meet essential requirements.
Accordingly:
Facilities have been provided for affected businesses to obtain loans ranging from Rs. 250,000 to Rs. 25,000,000 through the banking system at an interest rate of 3%, with a 6-month grace period and repayment over 3 years to restart their operations.
As part of the investment loans for business reconstruction, entrepreneurs whose businesses were damaged can access bank loans of up to Rs. 25 million at an interest rate of 5%, with a 12-month grace period and repayment over 10 years.
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