News

Lanka awaits emergency aid to the tune of USD 500 mn from ADB, World Bank in coming months, says Finance Minister Sabry

Published

4 years ago

2022/04/22

By Ifham Nizam

USD 500 million out of the total amount of funds sought by Sri Lanka is expected to come as emergency aid from the Asian Development Bank and World Bank in the next six months, Finance Minister Ali Sabry said in a Bloomberg Television interview.

Meanwhile, US Assistant Secretary of State for the Bureau of South and Central Asian Affairs Donald Lu in the Twitter said that U.S. welcomes Sri Lanka and the International Monetary Fund working towards a sustainable solution to relieve the economic hardships for its people.

The Bureau of South and Central Asian Affairs said that Assistant Secretary Lu, Sri Lankan Finance Minister Sabry and Central Bank Governor Dr. Nandalal Weerasinghe discussed matters on overcoming the ongoing economic challenges in Sri Lanka.

Sabry also said during the interview that Sri Lanka might take nearly three weeks to appoint advisers to guide an overhaul of its debt.

He said that Sri Lanka was seeking as much as USD four billion this year to help ease shortages of food, fuel and medicines as its foreign reserves had dried up and it was heading for a default on its international debt.

“Our talks have been centered around restructuring, and along with that to go forward for a proper programme with the IMF,” Minister Sabry said. An IMF programme “requires debt restructuring when they come to the finding that it is not sustainable in the long run.”

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News

UN Delegation Meets Chief of Staff to the President

Published

10 hours ago

2026/09/8

Priyan

A meeting between UN Resident Coordinator Marc-André Franche and Chief of Staff to the President Prabath Chandrakeerthi was held on Monday (07) morning at the Presidential Secretariat.

Particular attention was given to the Government’s programme to resettle people who lost their homes due to Cyclone Ditwah.

The Government’s programme to address potential disasters that may arise in the future amid El Nino conditions was also discussed. The Chief of Staff to the President briefed the UN Resident Coordinator on the Government’s preparedness and plans to address such challenges.

Mr Franche stated that the United Nations was prepared to provide the necessary assistance to the Government to support the successful implementation of these programmes.

Partnerships and Development Finance Specialist at the United Nations Azam Bakeer Markar and UN Sri Lanka Humanitarian and Resilience Officer Wagisha Perera also participated in the discussion.

[President’s Media Division]

News

Afghanistan to host Zimbabwe, Bangladesh in ODI tri-series

Published

11 hours ago

2026/09/8

Priyan

Afghanistan, Bangladesh and Zimbabwe will lock horns in a tri-series [Cricbuzz]

Afghanistan will host Zimbabwe and Bangladesh in an ODI tri-series in UAE from October 17 to 23. This comes as a precursor to the T20I series and the two Tests between Afghanistan and Zimbabwe in the same country. The three T20Is will be played on October 27, 29 and November 1, and will be followed by the two Tests – the first commencing on November 5 and the second from November 13.

Zimbabwe and Bangladesh will get the tri-series going on October 17, with Zimbabwe then facing Afghanistan on October 19. The hosts will meet Bangladesh on October 21 before the summit clash on October 23.

Before Zimbabwe reach UAE for the tri-series and the subsequent bilateral matches, Afghanistan and Bangladesh will also contest in a one-off Test from October 9 to 13.

“This is an important tour for Zimbabwe, offering our players high-quality competition across all three formats,” Zimbabwe Cricket Managing Director Givemore Makoni said.

“The ODI tri-series will test us against two strong sides, while the two Tests are especially valuable as we continue seeking more regular opportunities in the longest format. We sincerely appreciate the Afghanistan Cricket Board for hosting this programme and the Bangladesh Cricket Board for their cooperation. We look forward to a competitive and exciting tour.”

The Afghanistan Cricket Board too welcomed the prospect of playing matches in all three formats in the series.

“Playing Bangladesh and Zimbabwe across different formats will provide our players with valuable competitive opportunities and offer our supporters an exciting period of international cricket,” Afghanistan Cricket Board Chief Executive Officer Naseeb Khan.

“The Afghanistan Cricket Board remains committed to providing our national team with regular, high-quality international cricket. We highly value our relationships with the Bangladesh Cricket Board and Zimbabwe Cricket and appreciate their cooperation in making these important assignments possible,” he added.

[ Cricbuzz]

Latest News

INS Udaygiri makes port call in Colombo

Published

16 hours ago

2026/09/8

Priyan

The Indian Naval Ship (INS) Udaygiri arrived at the Port of Colombo on an official visit today, 8 September 2026, where it was received by the Sri Lanka Navy in accordance with time-
honoured naval traditions.

INS Udaygiri is a 149.02m long Frigate, Commanded by Captain Vikas Sood. Meanwhile, the Commanding Officer of the visiting ship is scheduled to call on Commander Western Naval
Area, Rear Admiral Harsha De Silva at the Western Naval Command Headquarters.

Captain Sood served as the Defence Adviser at the Indian High Commission in Sri Lanka from July 2020 to October 2023.
During their stay in the island, the crew of INS Udaygiri will participate in several goodwill events organized by the Sri Lanka Navy to enhance camaraderie between the two forces.

The visiting personnel are also scheduled to visit prominent tourist and cultural locations across the island.

Additionally, Sri Lanka Navy personnel are expected to visit the ship for capability observation and knowledge sharing, and will conduct onboard training during its stay.