News
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.
News
President chairs discussion on 2027 Budget Proposals for the Ministry of Industry and Entrepreneurship Development
A pre-Budget discussion to review the progress of projects implemented under the 2026 Budget allocations for the Ministry of Industry and Entrepreneurship Development and to discuss proposals for the 2027 Budget was held under the patronage of President Anura Kumara Dissanayake at the Presidential Secretariat on Monday (13) afternoon.
The progress of projects implemented by each division of the Ministry of Industry and Entrepreneurship Development and the institutions under its purview using the 2026 Budget allocations, as well as proposals for the 2027 Budget, were reviewed separately during the discussion.
The President also focused on the current status of the programme to establish industrial zones in areas including Dambulla, Ingiriya, Valachchenai, Millaniya and Katunayake. Discussions centred on issues that have arisen in allocating land and developing infrastructure, including electricity, water and roads, as well as the urgent measures required to resolve these issues.
President Dissanayake instructed officials to make every effort to complete all projects already initiated under the Ministry of Industry and Entrepreneurship Development within the stipulated timeframes. He also highlighted the need to clearly identify the Government’s role and limitations in relation to the industrial sector.
Attention was also drawn to the current situation regarding the development of state-owned enterprises, while issues affecting the sugar and salt industries and alternative proposals to address them were also discussed.
The current status of the process to consolidate institutions under the Ministry of Industry and Entrepreneurship Development was also reviewed. The President pointed out that large institutions had been established at different times to meet various needs, ultimately creating a situation in which such institutions had to be maintained using taxpayers’ money.
He stressed that the consolidation of these institutions should not only improve their efficiency but should also result in a relative reduction in operational expenditure compared with the costs incurred prior to consolidation.
Officials also briefed the President on the proposal to establish the Entrepreneurship and Industry Transformation Authority (EITA) and the programme proposed under the Authority.
Attention was also focused on the challenges faced by exporters and industrialists in carrying out their activities. The President instructed officials to submit proposals on general concessions that could be provided to encourage exporters and industrialists.
The President further pointed out that Sri Lanka could develop distinctive expertise by identifying several key areas within the industrial sector and providing the facilities necessary for their development.
Minister of Industry and Entrepreneurship Development Sunil Handunnetti; Minister of Labour and Deputy Minister of Finance and Planning Anil Jayantha Fernando; Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe; Secretary to the President Dr Nandika Sanath Kumanayake; Chief of Presidential Staff Prabath Chandrakeerthi; Senior Additional Secretary to the President Russell Aponsu; Secretary to the Ministry of Finance, Planning and Economic Development Dr Harshana Suriyapperuma; and Secretary to the Ministry of Industry and Entrepreneurship Development Thilaka Jayasundara, along with officials from the Ministry of Finance and the Ministry of Industry and Entrepreneurship Development, participated in the discussion.
[PMD]
News
Prime Minister meets the Amir of the State of Qatar and conveys condolences on the passing of the Father Emir
Prime Minister Dr. Harini Amarasuriya, visited the State of Qatar to convey condolences on the passing of the Father Emir, at Lusail Palace in Doha on Wednesday (15 July).
Upon her arrival, the Prime Minister was received by His Highness Sheikh Khalifa bin Hamad bin Khalifa Al Thani, Minister of Interior of the State of Qatar. The Prime Minister subsequently met with His Highness the Emir of the State of Qatar, Sheikh Tamim bin Hamad Al-Thani.
During the meeting, Prime Minister Dr. Harini Amarasuriya conveyed to the Emir the deepest condolences of the Government and the people of Sri Lanka on the passing of the Father Emir, Sheikh Hamad bin Khalifa Al Thani.
The occasion was attended by the Deputy Emir of the State of Qatar Sheikh Abdullah bin Hamad Al Thani; Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani; Hassan bin Abdullah Al Ghanim, Speaker of the Shura Council; senior members of the Royal Family.
[Prime Minister’s Media Division]
News
Current El Niño Status in Sri Lanka
At present, El Niño conditions have developed and are classified as being at a weak level. Forecasts indicate a 63% probability of a very strong El Niño event developing during the period from November 2026 to January 2027. According to the National Oceanic and Atmospheric Administration (NOAA), there is approximately a one-third probability that El Niño will remain below a very strong intensity.
Typical Climatic Conditions Associated with El Niño
Based on analyses of past El Niño events that occurred between 1950 and 2025:
• Rainfall during July and August may be below normal, particularly in the dry zone areas.
• From October onward, rainfall is generally expected to be above normal.
• If a positive Indian Ocean Dipole (IOD) develops, enhanced rainfall conditions may continue until December.
Sectors Requiring Attention
• Appropriate measures should be taken for water resource management during July and August.
• Increased rainfall expected from October onward may lead to floods and landslides, requiring preparedness and close monitoring. The forecasts are important for sectors such as, Agriculture /Water management /Livestock /Health /Energy /Other climate-sensitive sectors
• Attention should be paid to official information issued by the Department of Meteorology.
Actions by the Department of Meteorology
The Department of Meteorology continuously monitors the evolving situation and issues:
• Weekly and monthly seasonal forecasts and Monthly analyses of rainfall data to monitor meteorological drought conditions.
As weather conditions are influenced not only by El Niño but also by other climatic factors, updated forecasts and advisories are regularly shared with relevant stakeholder organizations (Irrigation/ Water Management Committee /Department of Agriculture/National Building Research Institute/Disaster Management Centre (DMC)/Ministry of Health /Sri Lanka Land Development Corporation…etc). The Department also provides technical support to the committee established through a Cabinet decision to address climate-related impacts. The Department’s monthly rainfall outlook for July to September 2026 is attached
Monthly Rainfall Forecasts for July, August and September 2026
Month Rainfall forecast
July 2026

During July 2026, there is a higher probability of having near normal rainfall across most parts of the Western and Southern Provinces. The remainder of the country is expected to experience below normal rainfall.
August 2026

There is a higher probability of having below normal rainfall across most parts of the country during month of August 2026.
September 2026

There is a possibility of above-normal rainfall across most parts of the Western and Southern Provinces, while near-normal rainfall is expected in the Sabaragamuwa Province. Below-normal rainfall is likely in the remaining areas during September 2026.
Note: These long-range forecasts may change due to strong day-to-day atmospheric variability associated with the movement of weather systems such as atmospheric disturbances, low-pressure areas, and depressions, as well as intra-seasonal oscillations such as the Madden–Julian Oscillation (MJO). Therefore, in addition to the weekly and monthly forecasts, it is important to pay attention to the Department’s official announcements, weather advisories and warnings, as well as the daily weather forecasts issued by the Department of Meteorology.
-
News7 days agoHerath warns prospective migrant workers not to get fleeced by racketeers
-
Features5 days agoPrison riots and politics: NPP’s biggest challenge and Sri Lanka’s biggest opportunity
-
Editorial6 days agoWhat’s the world coming to?
-
Foreign News7 days agoTensions erupt in Indian state after 11-year-old raped and murdered
-
Features7 days agoDevanesan Annan – in Memoriam
-
Editorial7 days agoPunishment in hellholes
-
Features2 days agoDirty Money
-
Editorial5 days agoMuch ado about crime: Fish or cut bait
