News
Germany pledges to convert Euro 13 Mn loan into grant for construction of new maternity hospital in Galle
Strengthening the long-standing close partnership between Germany and Sri Lanka, the German government proposed to convert the supplementary loan obtained from the German KfW bank for completing the New Maternity Hospital (Teaching) Galle into a grant, Finance Ministry said.
Accordingly, Secretary to the Ministry of Finance, S R Attygalle, Head of Division, Health and Social protection Asia from KfW Development Bank Martina Koch and Senior Project Manager, Health and Social protection Asia from KfW Development Bank Annika Unterpertinger signed a Grant Agreement amounting to Euro 13 million in Colombo.
Mahamodara Maternity Hospital, which was seriously damaged due to the Tsunami disaster is being reconstructed with financial assistance from the German Government through its KfW Bank.
KfW has initially extended a loan of Euro 28 million to complete the reconstruction work of the hospital which was initiated by a grant from the Helmut Khol Foundation. While construction was going on, KfW extended a supplementary loan of Euro 13 mn in 2017 to cover the additional requirements of the hospital.
The project targets to provide Maternity and Gynecology health care services to the female population of the Southern Province by reconstructing the hospital with 600-bed maternity care facilities and 800 patients’ treatment facilities at the Out Patient Department (OPD) and clinics, the Ministry said.
Prime Minister Dr. Harini Amarasuriya met with the Managing Director of the International Monetary Fund (IMF), Dr. Kristalina Georgieva, at Temple Tress on the 17th of February
Dr. Georgieva, commended the Government’s efforts in stabilizing the country’s economy and in managing recent economic and natural shocks. She noted that Cyclone Ditwah had caused severe impacts, especially on economically vulnerable communities, underscoring the importance of targeted support and resilience-building measures.
The Prime Minister expressed appreciation for the IMF’s continued support to Sri Lanka, particularly in the aftermath of Cyclone Ditwah. The PM further emphasized that real economic recovery and development must directly benefit the economically vulnerable groups and ensure inclusive growth, highlighting the need for Sri Lanka to attract quality and sustainable investments, particularly in the tourism sector.
The importance of reforming the education system to focus not only on knowledge acquisition but also on skills development and employability was also discussed
The meeting was attended by the Chief of Staff of the IMF Managing Director Andreas Bauer, Director, Asia and Pacific Department, Dr. Krishna Srinivasan Division Chief (Strategic Communications), Communications Department, Pierre Mejlak Resident Representative for Sri Lanka Dr. Martha Woldemichael, Governor of the Central Bank of Sri Lanka Dr. P. Nandalal Weerasinghe, and Deputy Governor Dr. C. Amarasekara, Secretary to the Prime Minister Pradeep Saputhanthri and Additional Secretary to the Prime Minister Ms. Sagarika Bogahawatta.
[Prime Minister’s Media Division]
The Cabinet of Ministers approved the resolution forwarded by the Minister of Health and Mass Media to relocate the Deniyaya Base Hospital after constructing a new hospital with a capacity of 300 beds at an estimated cost of Rupees 6,000 million.
The Southern Provincial Department of Health has acquired a plot of land in Handford estate which is approximately 03 kilometres away from the town for this purpose.
News
Cabinet nod to legally empower methodology for implementing the ‘Praja Shakthi’ poverty alleviation national movement
The Cabinet of Ministers granted approval for the resolution furnished by the Minister of Rural Development, Social Security and Community Empowerment to instruct the Legal Draftsman to draft a bill to legally empower the implementation of ‘Praja Shakthi’ (Strength of the Community) poverty alleviation national movement
New Bangladesh sports minister wants to fast track cases against Shakib and Mortaza
Climber on trial for leaving girlfriend to die on Austria’s highest mountain
IMF MD commends government’s efforts in stabilizing the country’s economy
India look to go into Super Eight stage with all-win record
Cabinet approves construction of new 300 bed Base Hospital in Deniyaya
Heavy showers about 100 mm are likely at some places in the Eastern, Uva and North-central provinces and in Matale and Nuwara-Eliya districts
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