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IMF pledges swift release of $350 Mn sixth tranche

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Governor of the Central Bank Dr Nandalal Weerasinghe and Secretary to the Treasury Dr.Harshana Suriyapperuma at yesterday’s meeting

The Ministry of Finance convened a high-level donor forum bringing together diplomatic missions, bilateral and multilateral development partners and international lending agencies to assess the aftermath of Cyclone Ditwah and coordinate assistance for national relief, rescue and restoration efforts.

The meeting, held yesterday, was co-chaired by the Governor of the Central Bank and the Secretary to the Treasury.

The Secretary to the Treasury presented an overview of the extensive damage caused by the cyclone across all sectors of the country, stressing the government’s intention to transition from emergency response to a broader, long-term recovery framework. He underscored the urgent need for development assistance from bilateral and multilateral partners,

particularly rapid humanitarian support such as food supplies, grants, concessional financing and short- to medium-term aid.

The Central Bank Governor highlighted the importance of external financial support, noting the constraints posed by contracting economic sectors and limited scope for domestic borrowing. Government authorities also urged development partners to encourage international engagement and promote travel to Sri Lanka to help revitalise the tourism sector.

Development partners reaffirmed their strong commitment to support Sri Lanka during this critical period. A representative of the International Monetary Fund announced that Sri Lanka is expected to receive swift access to approximately USD 350 million, the sixth tranche of the Extended Fund Facility, within two weeks.

Several development and donor partners have also committed to immediate assistance, including disaster relief missions, emergency services and essential humanitarian supplies such as food, clean drinking water, hygiene kits, medical supplies and emergency healthcare to stabilise affected communities and prevent disease outbreaks. Some countries have already deployed disaster relief and humanitarian teams on the ground.

Partners also agreed to repurpose and redesign existing loan facilities to support medium-term rehabilitation of damaged economic and social infrastructure, including major roads, bridges, irrigation systems and transport networks. They further explored options for new loan and grant packages to address long-term development needs.

The World Bank has already initiated a rapid post-disaster assessment, while development partners held detailed discussions on a comprehensive damage and needs assessment covering housing, infrastructure, agriculture and services to mobilise funding for medium- and long-term recovery.

Sri Lanka extended its deep appreciation to all international development partners for their proactive engagement, solidarity and continued support as the country works to restore essential services, assist affected families and rebuild the nation.

The meeting was attended by senior government officials, including Senior Economic Adviser to the President, Duminda Hulangamuwa, Senior Additional Secretary to the President, Russell Aponsu, Secretary to the Ministry of Public Administration, Aloka Bandara, as well as representatives from the Prime Minister’s Office, Ministry of Foreign Affairs, Foreign Employment and Tourism, the Disaster Management Centre and Treasury Departments.



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“We Are Building a Stable, Transparent and Resilient Sri Lanka Ready for Sustainable Investment Partnerships” – PM

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Prime Minister Dr. Harini Amarasuriya addressed members of the Chief Executives Organization (CEO) during a session held on Thursday [3 February 2026] at the Shangri-La Hotel, Colombo, as part of CEO’s Pearl of the Indian Ocean: Sri Lanka programme.

The Chief Executives Organization is a global network of business leaders representing diverse industries across more than 60 countries. The visiting delegation comprised leading entrepreneurs and executives exploring Sri Lanka’s economic prospects, investment climate, and development trajectory.

Addressing the gathering, the Prime Minister emphasized that Sri Lanka’s reform agenda is anchored in structural transformation, transparency, and inclusive growth.

“We are committed not only to ensuring equitable access to education, but equitable access to quality education. Our reforms are designed to create flexible pathways for young people beyond general education and to build a skilled and adaptable workforce for the future.”

She highlighted that the Government is undertaking a fundamental pedagogical shift towards a more student-focused, less examination-driven system as part of a broader national transformation.

Reflecting on Sri Lanka’s recent political transition, the Prime Minister stated:

“The people gave us a mandate to restore accountability, strengthen democratic governance, and ensure that opportunity is not determined by patronage or privilege, but by fairness and merit. Sri Lanka is stabilizing. We have recorded positive growth, restored confidence in key sectors, and are committed to sustaining this momentum. But our objective is not short-term recovery it is long-term resilience.”

Addressing governance reforms aimed at improving the investment climate, she said:

“We are aligning our legislative and regulatory frameworks with international standards to provide predictability, investor protection, and institutional transparency. Sustainable investment requires trust, and trust requires reform.”

Turning to the recent impact of Cyclone Ditwa, which affected all 25 districts of the country, the Prime Minister underscored the urgency of climate resilience.

“Climate change is not a distant threat. It is a lived reality for our people. We are rebuilding not simply to recover, but to build resilience, strengthen disaster mitigation systems, and protect vulnerable communities.”

Inviting CEO members to consider Sri Lanka as a strategic partner in the Indo-Pacific region, she highlighted opportunities in value-added mineral exports, logistics and shipping, agro-processing, renewable energy, pharmaceuticals, and innovation-driven sectors.

“We are not looking for speculative gains. We are seeking long-term partners who share our commitment to transparency, sustainability, and inclusive development.”

She further emphasized collaboration in education, research, vocational training, and innovation as essential pillars for sustained economic growth.

Concluding her address, the Prime Minister expressed appreciation to the Chief Executives Organization for selecting Sri Lanka as part of its 2026 programme and reaffirmed the Government’s readiness to engage constructively with responsible global investors.

The event was attended by the Governor of the Western Province,  Hanif Yusoof, and other distinguished guests.

[Prime Minister’s Media Division]

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Prez AKD congratulates BNP’s Tarique Rahman on B’desh election win

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President Anura Kumara Dissanayake has extended his congratulations to the Bangladesh Nationalist Party (BNP) and its leader, Tarique Rahman, following their landslide victory in Bangladesh’s parliamentary elections.

“Best wishes to the people of Bangladesh for reaffirming their faith in democracy, and congratulations to Mr. Tarique Rahman on leading the BNP in these elections. The results reflect the trust placed in him. I look forward to strengthening ties between our two nations,” President Dissanayake said, in a post on ‘X’.

The Bangladesh Nationalist Party won a landslide parliamentary election on Friday, securing a resounding mandate in a pivotal vote that is expected to restore political stability in the South Asian nation.

The parliamentary election held on Thursday was Bangladesh’s first vote since the 2024 Gen Z-driven uprising that toppled long-time premier Sheikh Hasina.

Opinion polls had given BNP an edge, and the party lived up to the forecasts, with the coalition it dominates winning 209 seats to secure an overwhelming two-thirds majority in the 300-member Jatiya Sangsad, or House of the Nation, Jamuna TV showed.

Soon after it won a majority in the overnight vote-count, the party thanked and congratulated the people and called for special prayers on Friday for the welfare of the country and its people.

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Massive Sangha confab to address alleged injustices against monks

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A major Sangha conference will be held on February 20 at 2 PM at the All Ceylon Buddhist Congress (ACBC) Headquarters in Colombo, bringing together both monastic and lay communities to discuss concerns over alleged injustices against Buddhist monks, the Buddha Sasana, and the nation.

Speaking at a press conference in Colombo on Thursday (12), Roshan Maddumage, Deputy Chairman of the ACBC, said the primary aim of the conference is to highlight misconduct and draw government attention to these matters.

ACBC Chairman Chandra Nimal Wakishta emphasized that the country’s legal system appears to operate inconsistently. He noted that while police officers involved in the assault of a Catholic priest were prosecuted and jailed, no investigation has been conducted into police officers accused of assaulting Buddhist monks in Trincomalee.

Wakishta stressed that the Sinhala Buddhist community has historically not engaged in violence or promoted hatred. He added that the Maha Sangha play a central role in guiding and protecting the country and the state, and that harassment or attacks on monks indirectly harm the nation as a whole.

He explained that the decision to convene the Sangha conference stems from the urgency of addressing these serious concerns, with the event expected to serve as a platform for dialogue between the clergy, lay followers, and government representatives.

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