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IMF pledges swift release of $350 Mn sixth tranche
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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Three arrested with narcotics valued at Rs123 million at BIA
Three Sri Lankan male passengers who arrived from Muscat by flight no. OV 437 on Saturday (24) have been arrested by officers attached to the NCU at BIA as they were found to be carrying 12,306 grams of Cannabis class narcotics (suspected as Hashish & Kush) valued at 123 million rupees.
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Navy intercepts 02 narcotics-laden trawlers with 11 suspects in southern seas
Building on its success in seizing major narcotic stocks in 2025, the Navy continued to support the “A Nation United” National Mission in 2026. In continuation of these efforts, during an
operation conducted on the high seas south of Sri Lanka, the Navy apprehended eleven (11) suspects aboard two local multi-day fishing trawlers suspected of drug smuggling.
Based on shared information, by the Sri Lanka Navy and Police, this special operation was conducted off the southern coast, deploying the Navy‟s Offshore Patrol Vessels. The operation
resulted in the interception of a multi-day fishing trawler suspected of smuggling narcotics, and the apprehension of five (05) suspects on board.
During further operations in the same area, naval units seized another multi-day fishing trawler (01), along with communication equipment and six (06) additional suspects, also believed to be involved in drug smuggling.
This morning (25 Jan 26), the two intercepted fishing trawlers, along with fourteen (14) sacks laden with suspected narcotics and the suspects, were brought to the Dikovita Fisheries Harbour.
An expert examination by the Police Narcotic Bureau confirmed that the fourteen (14) sacks contained more than 184 kilograms of heroin and over 112 kilograms of ‘Ice’ (crystal methamphetamine).
The Deputy Minister of Defence, Major General (Retd) Aruna Jayasekara, the Commander of the Navy, Vice Admiral Kanchana Banagoda, and the Inspector General of Police, Priyantha Weerasuriya, inspected the narcotics at the Dikovita harbour.
The Deputy Minister of Defence said that the current administration has initiated several projects for national development. As a flagship initiative, under the directives and guidance of the President, and under the supervision of the
Ministry of Defence, well-coordinated anti-narcotic raids have been launched.
This effort, part of “A Nation United” National Mission, involves the tri-forces, police, and all intelligence agencies working together under a coordinated plan to ensure that drug smugglers have no opportunity to bring narcotics into the country, he opined. He further stated that despite the national disaster situation, the state machinery, including the tri-forces, the police, and the public at large, remains united in rebuilding the nation, no room will be left for drug trafficking, which poses a severe threat to national security and public safety. Those
who engage in or support drug trafficking, under the cover of fishing activities, will find no escape, he added.
The Deputy Minister also reaffirmed that the tri-forces, police, and all law enforcement agencies are fully committed to their duty of suppressing this menace.
The Deputy Minister of Defence reported that, throughout 2025, a series of highly successful operations were conducted leading to numerous arrests. This was achieved through close coordination and mutual cooperation among the tri-services, the police, the Special Task Force, Police Narcotics Bureau, local law enforcement and international agencies. He noted that this
same spirit of cooperation and commitment has continued into 2026, resulting in the seizure of a large stockpile of drugs.
On behalf of the Honourable President, he extended gratitude to all who contributed to these efforts, specifically acknowledging the Commander of the Navy, the Inspector General of Police, the Police Narcotic Bureau, and the crews of the Navy’s Offshore
Patrol Vessels.
Moreover, the Deputy Minister declared that drug smuggling has become a national crisis, fueled by youth involvement and social crime. With borders secured under the “Nation United” National Mission, he warned traffickers to cease operations and urged users to abandon the destructive habit.
The Deputy Minister urged the public to report suspected drug smugglers to law enforcement via the hotlines 1818 or 1997 and also commended the role of media institutions and journalists in raising public awareness about the dangers of narcotics through responsible reporting.
Meanwhile, the two (02) multi-day fishing trawlers, along with a haul of narcotics, eleven (11) suspects, and communication equipment, were handed over to the Police Narcotic Bureau for
further investigation and legal proceedings.
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Indonesian Naval Ship ‘KRI SULTAN ISKANDAR MUDA – 367’ departs island
The Indonesian Naval Ship ‘KRI SULTAN ISKANDAR MUDA – 367’, which arrived in Sri Lanka for logistics replenishment and a goodwill mission, departed the island on 23 Jan 26.
The Sri Lanka Navy bade a customary farewell to the departing ship at the Port of Colombo, following naval traditions.
During the stay in Sri Lanka, crew members of the ship visited some popular tourist destinations within the city of Colomb
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