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G20 considers quick relief to Lanka debt crisis

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The G20 group, under India’s Presidency, has decided to provide relief to countries burdened with debt crisis, including Sri Lanka, said a report published by the Indian Express yesterday.The decision has been taken at the First G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting held in Bengaluru, February 24-25, 2023, and it is reported that the group has decided to focus on the areas where relief can be given to the respective countries.

The FMCBG meeting, concluded on Sunday, has focused on subjects ranging from global debt crisis, MDB reforms, climate finance, global approach on cryptos, digital public infrastructure, financial inclusion, financing cities of tomorrow, and taxation.

The Chair in a Summary and Outcome Document, following the conclusion of the meeting, recognizing the urgency to address debt vulnerabilities in low and middle-income countries, including Sri Lanka, said the group looks forward to a quick resolution for Sri Lanka’s situation.

“Further, we look forward to a swift resolution to Sri Lanka’s debt situation,” the G20 FMCBG said.

The group added that strengthening multilateral coordination by official bilateral and private creditors is needed to address the deteriorating debt situation and facilitate coordinated debt treatment for debt-distressed countries.

IMF Managing Director, Kristalina Georgieva, making a statement yesteray at the first meeting of the G20 Finance Ministers and Central Bank Governors urged the G20 Leadership to strengthen the debt architecture and improve the speed and effectiveness of debt resolution in light of rising debt vulnerabilities in many countries.

She said more predictable, timely, and orderly processes are needed both for countries under the Common Framework (CF) for debt resolution and for those not covered by it, including Sri Lanka and Suriname.

On the sidelines, the International Monetary Fund held a meeting on Saturday with the World Bank, China, India, Saudi Arabia and the G7 on restructuring debt for distressed economies.

However, IMF Managing Director Kristalina Georgieva has noted that there were disagreements among members, according to a Reuters report.

While pressure has been building on China, the world’s largest bilateral creditor, and other nations to take a large haircut in loans given to struggling developing nations, China has reiterated that the World Bank and other multilateral development banks participate in debt relief by taking haircuts alongside bilateral creditors.

US Treasury Secretary Janet Yellen has also said before the debt meeting that she would press all bilateral creditors, including China, to participate in meaningful discussions, adding that debt treatment for Zambia and financing assurances for Sri Lanka were “most urgent”.

Sri Lanka owed Chinese lenders $7.4 billion — or nearly a fifth of public external debt — by the end of 2022, Reuters reported.President Ranil Wickremesinghe recently said the prospects for relieving the debt burden of low-income countries, such as Sri Lanka, will become clearer at the G20 FMCBG meeting, concluded today.

“By the end of this week, we will get to hear the outcome of these talks. Then we will know with greater clarity as to how they intend to cooperate on debt relief for Sri Lanka, and how we should go forward,” he said.



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Manjot Kalra denies fixing allegations in LPL 2026

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Jaffna Kings co-owner Manjot Kalra was taken to court in Colombo [Cricinfo]

Former India Under-19 player Manjot Kalra has been remanded by the Magistrate’s Court in Colombo until July 31, Sri Lanka police has confirmed, after he was arrested on July 16 on charges of corruption relating to the 2026 Lanka Premier League season.

Kalra, who is one of the co-owners of the Jaffna Kings franchise along with entrepreneur Mayank Goel, was produced before the court on July 17.

According to local media, the court heard that Kalra had allegedly approached players participating in LPL 2026 – Bhanuka Rajapaksa and Sri Lanka national players Dunith Wellalage and Avishka Fernando – all of whom play for the Jaffna Kings franchise. Investigators revealed in court that Kalra had allegedly offered the players over USD 30,000 to influence the outcome of games, and that they had in their possession recorded phone conversations and video evidence to support their case.

Following the initial approach, the players are said to have contacted the Special Investigations Unit (SIU) for the Prevention of Offences Relating to Sports, after which they had, on instructions of the SIU, negotiated a payment of LKR 11.5 million with LKR 9.5 million as an advance. Kalra and an unnamed second person were arrested when the second person had brought a bag containing the advance payment to a pre-agreed location, according to media reports of the court proceedings.

The defence counsel rejected all allegations, asserting there was no evidence of Kalra offering or paying a bribe. Bail was sought but denied, with the Chief Magistrate stating that doing so could prejudice the investigation.

In a statement released on his behalf, Kalra denied the allegations and said he was “fully cooperating with the ongoing investigation” and “is confident that the facts will establish his innocence and clear his name”.

“Having had the privilege of representing India with honour, Mr. Kalra fully understands the responsibility and integrity expected of those associated with Indian sport. Throughout his career, he has remained committed to upholding those values,” the statement said. “Mr. Kalra became a co-owner in the league as a minority shareholder, entering the venture in good faith and with complete integrity. Prior to his association, the league conducted all requisite background and due diligence checks, which connfirmed his clean reputation.

“As the matter is currently under investigation, Mr. Kalra will continue to cooperate fully with the authorities and will refrain from making any further comments at this stage. He remains confident that the truth will prevail.

“Senior Counsel  K Wasantha S Fernando, Attorney at Law and his able team of Junior Attorneys at Law are currently taking care of his interest and have expressed the confidence in disproving and negating the allegations leveled against  Kalra and will ensure all possible steps are taken within the provisions of law to bring all perpetrators involved in fixing  Kalra into this undesired situation to light while assisting law enforcement officers and Honorable Court to arrive at Justice in the right manner.”

The news of Kalra’s arrest broke on Friday, hours before the LPL season opener between Kalra’s team  Jaffna Kings and Galle Gallants , a fixture that Kings lost by 36 runs.

[Cricinfo]

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10th Navy Open Shooting Championship concludes

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The 10th Navy Open Shooting Championship, organised by the Sri Lanka Navy, concluded successfully following events held from 1 to 12 July 2026 at the Small Bore Firing Complex,
Welisara.

The awards ceremony took place on 18 July at the Commander Parakrama Samaraweera Memorial Indoor Sports Complex at SLNS Gemunu, under the patronage of the Commander of
the Navy.

More than 900 shooters representing the Sri Lanka Army, Navy, Air Force, Police and a number of shooting clubs from across the island competed in this year’s championship. Notably, over 800 of the participants were school athletes, highlighting the growing interest and participation of young athletes in the sport.

The championship provided a valuable platform for members of the Tri-Forces, Police, shooting clubs and school competitors to compete alongside one another, exchange experience and further develop their technical skills in shooting. It also reaffirmed the championship’s role in nurturing young talent and supporting the development of future national and international-level shooters.

Competing in a highly competitive field, marksmen representing the Sri Lanka Navy delivered an impressive performance, securing a number of medals and bringing distinction to the Navy through their achievements.

The event also made a significant contribution to the promotion of shooting sport in Sri Lanka by identifying emerging talent and strengthening cooperation, sportsmanship and healthy
competition among participants representing a wide range of institutions and organisations.

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Former IGP’s death likely due to an accidental weapon discharge

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Wickramaratne

He was examining security officer’s new weapon while waiting for his wife to join him on a morning walk

Friday’s shock death of former IGP Chandana Wickramaratne due to gunshot injuries on his chest was possibly due to an accidental discharge of his personal security officer’s (PSO’s) pistol. Wickramaratne, who was kitted for his walk and waiting on the verandah for his wife to join him, was examining the PSO’s new weapon, knowledgeable sources said.

These sources said the wife who was putting on her shoes inside the house heard a bang and found Wickramaratne fallen on the verandah.

The retired IGP had noticed the security officer carrying a new weapon and had asked to examine it. Saying he carried a similar weapon years ago, he found no magazine and said, “are you planning to accompany me on my walk with a pistol without a magazine?”

The PSO had then handed the loaded magazine and gone into the house to fetch a requested bottle of water when the weapon had gone off.

The sources said that Wickramaratne was in no way depressed and had attended an Ananda College old boy’s event a few days ago, had dinner with friends and chatted with them. He had an appointment to meet a friend on Saturday.

Friends and family saw no reason for Wickramaratne to take his own life and there was no evidence whatever of an external agent shooting him. The former IGP was pronounced dead at the Colombo East Teaching Hospital to which he was rushed.

Police said investigations were proceeding and an autopsy report was awaited.

Wickramaratne was appointed the 35th Inspector General on November 25, 2020 and retired  three years later in 2023. He had also set a record as the longest serving acting IGP since his naming to that position in May 2019 after his predecessor Pujith Jayasundara was sent on compulsory leave.

He joined as a trainee Assistant Superintendent  in June 1986 after graduating from the Colombo University. He was absorbed to the National Intelligence Bureau where he worked till 1995. Thereafter he reverted to the uniform service and had been posted across the country, including the northern and eastern areas at the height of the war.

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