News
Lanka’s eligibility to draw next IMF tranche of USD 700 mn hinges on ‘restoration of cost-recovery pricing for electricity and fuel’
The International Monetary Fund (IMF) said on Thursday that the completion of Sri Lanka’s combined Fifth and Sixth Reviews, under the Extended Fund Facility (EFF), remains subject to approval by its Executive Board, which is expected to meet in the coming weeks.
Addressing a media briefing, IMF Communications Department Director, Julie Kozack, said IMF staff and Sri Lankan authorities had reached a staff-level agreement on 09 April.
She noted that several prior actions must be completed before the programme can be submitted to the Executive Board, including the restoration of cost-recovery pricing for electricity and fuel, measures to protect vulnerable groups, and the completion of financing assurances.
Upon Board approval, Sri Lanka would gain access to approximately US$700 million in financing, Kozack said.
Responding to a question on whether the government’s fuel subsidy scheme — including the Rs. 100 per litre diesel subsidy — was consistent with the IMF’s pricing framework, Kozack declined to comment directly on the measure. However, she reiterated that the programme requires both cost-recovery pricing reforms and safeguards for vulnerable communities.
Kozack also observed that Sri Lanka had recently faced “two very large shocks”, referring to Cyclone Ditwah and the wider external impact of the Middle East conflict, which, she said, had affected both the economy and the public.
Despite these challenges, she said Sri Lanka’s reform programme was yielding positive results, citing strong fiscal performance in 2025, progress in debt restructuring, 5 percent economic growth, and inflation returning to positive territory following a period of deflation.
She reaffirmed the IMF’s commitment to supporting Sri Lanka’s reform agenda, stressing that the institution continues to work closely with the authorities to sustain economic stability and recovery.
News
Child abuse crisis: 108,000 complaints reported in 10 years
More than 108,000 complaints of child abuse had been received by the National Child Protection Authority (NCPA) between 2015 and 2025, Women and Child Affairs Minister Saroja Savithri Paulraj told Parliament yesterday.
Responding to a question raised by Opposition Leader Sajith Premadasa under Standing Order 27/2, the Minister said 4,421 child abuse cases were pending before High Courts as of April 30 this year, with indictments already filed against the accused.
She said the NCPA was working with 47 Police Child and Women Protection Bureaus under the Police Children and Women Abuse Prevention Division to expedite the hearing and conclusion of these cases.
The Minister said measures were also being taken to protect child victims during legal proceedings by introducing a system to record their evidence through video in a safe and child-friendly environment, thereby reducing the need for them to appear in court.
She said discussions were underway with the Ministries of Health and Mass Media and other relevant institutions to establish nine provincial video evidence recording units.
by Saman Indrajith ✍️
News
CA dismisses writ petition seeking postponement of A/L exam
The Court of Appeal yesterday dismissed a writ petition seeking to postpone the 2026 G.C.E. A/L Examination by two months.
The petition, filed by a group of students due to sit the examination for the first and second time, sought an order delaying the examination, which is scheduled to commence next month.
The Court announced its decision after considering submissions made in support of the application and declined to grant leave to proceed with the petition.
As a result, the 2026 G.C.E. Advanced Level Examination will be held as scheduled in August.
News
Bimal’s remarks on MP’s conduct spark heated exchange in Parliament
Leader of the House and Minister Bimal Rathnayake yesterday criticised the conduct of MP Archchuna Ramanathan in Parliament, describing the behaviour of certain lawmakers as “uncivilised, disgraceful and indecent”, while a heated exchange followed between government and opposition members.
Rathnayake made the remarks when Ramanathan attempted to raise a point of order during parliamentary proceedings.
“This parliament has one or two members who behave in a very uncivilised, disgraceful manner. We tolerate them because one of them is mentally ill,” Rathnayake said.
He alleged that Ramanathan had insulted even members of the Tamil community.
“The things he says may not be heard through the microphone, but the four walls of this Parliament are witnesses,” Rathnayake said, adding that Ramanathan’s conduct was not limited to Parliament.
He claimed that the Jaffna District Coordinating Committee meeting could not be held due to Ramanathan’s behaviour and said MP Gajendrakumar Ponnambalam had written to the Speaker stating that he could not sit near him.
The Speaker intervened during the exchange, warning Ramanathan not to behave in a manner that would turn Parliament into “a joke”. He also said the MP had previously addressed him in an insulting manner.
Opposition Leader Sajith Premadasa criticised the manner in which Rathnayake and the Speaker had addressed the matter, saying MPs should not be spoken to improperly and urging members to follow parliamentary Standing Orders.
Ramanathan, responding to the remarks, said: “I may be a psycho, but I am not a homosexual.”
by Saman Indrajith ✍️
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