News
Maldives says its economy has recovered to pre-pandemic levels
Maldivian President Ibrahim Mohamed Solih said the island country’s economy, guided by the government’s sound economic policies and recovery measures, has successfully recovered to pre-pandemic levels this year.
The president expressed these views on Wednesday while briefing the media at the President’s Office about the progress of the administration’s socio-economic plans.\Noting that the financial burden of the COVID-19 pandemic and the conflict in eastern Europe on the Maldives’ economy had been heavy, Solih stated that his government’s sound economic policies and measures had led to substantial economic recovery.
The Maldives’ economy is forecast to grow 12.3 percent this year, while economic growth is expected to be at 7.6 percent next year.The president described the tourism industry’s recovery as the main reason behind the development, saying that tourist arrivals had also reached pre-pandemic levels this year.
The Maldives is also one of the 10 fastest-growing economies after the pandemic, while in 2021 and 2022 it was listed among the top five across the globe, according to the statement of the President’s Office.
The International Monetary Fund (IMF) said that the Maldives’ economic activity rebounded strongly from the pandemic-induced contraction, supported by the authorities’ decisive policy measures.However, the IMF warned that the Indian Ocean island nation remains at a high risk of external debt distress and a high overall risk of debt distress.
INS Sindhukesari, a submarine serving in the Indian Navy, arrived at the port of Colombo on 03 May 26 to undertake Operational Turnarounds.
The visiting submarine was welcomed by the Sri Lanka Navy in precision with naval traditions.
Throughout its stay in the island, the submarine’s crew is scheduled to participate in a variety of programmes organized by the Sri Lanka Navy, including visits to several tourist attractions in Sri Lanka.
Mikhail Murashko, Minister of Health of the Russian Federation, officially visited the Russian House in Colombo to attend the Sri Lanka–Russia Medical Forum, where members of the Sri Lanka Russia Business Council and graduates from the Association of Sri Lankan Graduates from Socialist countries (ASLGSC) attended.
This historic gathering was graced by rectors and representatives from several world-class Russian medical institutions, including Kursk State Medical University, Sechenov First Moscow State Medical University, and Tver State Medical University, among others.
The forum commenced with an address by Minister Murashko, during which Russian medical graduates in attendance raised pertinent questions regarding medical and pharmaceutical sector opportunities in Sri Lanka.
Levan Dzhagaryan, Ambassador of the Russian Federation to Sri Lanka and the Maldives, together with Madam Maria L. Popova, Counsellor of the Embassy of the Russian Federation in Sri Lanka & the Maldives and Director of the Russian House in Colombo, graced the occasion. Both officials expressed strong support for continued collaboration and future initiatives between the two nations.
The official appointment letters for the members of the newly established “Cricket Transformation Committee” (CTC) were handed over on Monday (04) by the Minister of Youth Affairs and Sports, Sunil Kumara Gamage.
The following members received their letters of appointment at the Ministry premises:
Sidath Wettimuny
Thushira Radella
Prakash Schaffter
Ms. Avanthi Colombage
The Ministry also noted that veteran cricketers Roshan Mahanama and Kumar Sangakkara, who are key members of the committee, are currently overseas. Their official appointments will be formalised immediately upon their arrival in Sri Lanka.
The Cricket Transformation Committee has been mandated to oversee the administration and drive structural reforms within Sri Lanka Cricket (SLC) in accordance with the powers vested in the Minister under the Sports Act No. 25 of 1973.
INS Sindhukesari arrives in Colombo
Minister of Health of the Russian Federation attends the Sri Lanka–Russia Medical Forum
Members of Sri Lanka Cricket Transformation Committee Officially Appointed
Three prison guards arrested following the death of an inmate
Showers or thundershowers will occur at most places of the island after 1.00 pm.
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‘Dates have the highest sugar content to fight Coronavirus’
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