News
No changes to IMF agreement despite Cyclone Ditwah impact
The International Monetary Fund (IMF) has declared that the Extended Fund Facility (EFF) wouldn’t be amended in view of the impact of Cyclone Ditwah.
The IMF delegation, at the end of its visit to Sri Lanka, informed President Anura Kumara Dissanayake of its decision during a meeting at the Presidential Secretariat yesterday (28). The IMF delegation included Director of the Asia and Pacific Department Krishna Srinivasan, Deputy Director for Asia and the Pacific Sanjaya Panth, Mission Chief Evan Papageorgiou, and Resident Representative Martha Woldemichael.
The 48-month arrangement, approved on 20 March, 2023, during Ranil Wickremesinghe’s tenure as the President, is for SDR 2.286 billion (approximately US$3 billion). In terms of the agreement, repayment of debt has to be resumed in 2028. Sri Lanka unilaterally suspended debt repayment in April 2022.
Close on the heels of Cyclone Ditwah, the main Opposition party, the Samagi Jana Balawegaya (SJB), repeatedly pressed the government to request the IMF to amend the agreement.
The Presidential Media Division ( PMD) quoted the IMF delegation as having said that the strong fiscal discipline maintained by the government over the past year had been a key factor in addressing the challenges caused by Cyclone Ditwah. They said that the government’s ability to present a supplementary estimate of Rs. 500 billion was made possible by a surplus in the Treasury.
The Government of Sri Lanka was represented by Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Secretary to the Ministry of Finance Dr. Harshana Suriyapperuma, Governor of the Central Bank Dr. Nandalal Weerasinghe, Senior Economic Adviser to the President Duminda Hulangamuwa, along with several others.
News
Sri Lanka cricket finances ‘greater than feared’: interim chief
(AFP)Financial irregularities surrounding Sri Lankan cricket were far worse than feared, government-appointed administrators said Thursday, promising a full accounting and sweeping reforms.
“We have already ordered a forensic audit of the accounts,” Eran Wickramaratne, interim president of Sri Lanka Cricket (SLC), told his first news conference since taking office last month.
He said financial irregularities were “far greater than initially feared”.
He said the new SLC leadership — handpicked by the government of President Anura Kumara Dissanayake — would bring in sweeping reforms as concerns linger over international sanctions.
The current administration was appointed following the mass resignation of SLC’s elected officials last month — a move that raised fears of possible suspension by the International Cricket Council (ICC) over political interference.
The SLC, the country’s richest sports body, was suspended for two months in 2023 on similar grounds.
Wickramaratne, however, said discussions with the ICC were underway on reforming the SLC.
“Our talks with the ICC have been extremely cordial and constructive,” he said.
“We have been very open and transparent in what we are doing, and they want us to pursue open and transparent methods in doing this.”
Reforms include drafting a new constitution aimed at curbing abuses that allowed groups to retain power for a prolonged period, he added.
Four-time SLC president Shammi Silva and his entire committee stepped down in April after the government intervention, clearing the way for the current overhaul.The previous administration had also faced criticism over the national team’s performances, including an early exit from the T20 World Cup, which Sri Lanka co-hosted with India earlier this year.
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Police roll out countrywide security plan for Vesak Week
The Police have announced a special islandwide security programme for Vesak Week to ensure the public can observe religious activities in a peaceful and secure environment, free from fear or inconvenience.
The Police Department said the measures have been introduced in view of heightened religious observances across the country during the Vesak season, with Buddhists worldwide preparing to mark Vesak Full Moon Poya Day on 30 May 2026.
Authorities said large crowds are expected at major Buddhist sites, including ancient places of worship, while Vesak lantern displays, pandals and Bhakthi Gee programmes will be held across the island.
Under the special security plan, the Inspector General of Police has directed all police stations to take steps to minimise traffic congestion and ensure public convenience in areas with high footfall.
The Police Department said enhanced day and night mobile patrols will be deployed across all divisions, alongside special security operations aimed at safeguarding public safety and protecting property during the festive period.
Authorities also warned that strict legal action will be taken against individuals or groups whose behaviour is deemed to undermine the dignity and sanctity of Vesak or cause inconvenience to devotees.
In a set of public guidelines issued for the season, the Police Department urged organisers of Dansal programmes to comply with health and safety standards and implement proper crowd management measures to prevent congestion.
The public has also been advised to refrain from behaviour deemed inappropriate for the religious season, avoid excessive noise, and ensure responsible use of loudspeakers with prior approval.
Devotees have been requested to abstain from alcohol and narcotic substances during Vesak activities, while being urged to remain vigilant against theft in crowded areas and ensure the safety of children and elderly persons.
The Police Department further encouraged the public to report emergencies via hotlines 118 and 119, and to submit relevant video footage of traffic violations or environmental offences through designated WhatsApp channels for legal action.
Authorities said the measures are aimed at ensuring that Vesak is observed in a spirit of peace, devotion and public harmony across the country.
News
India, Lanka boost air power ties as IAF Chief visits Colombo
(ANI) May 22:Marking a critical milestone in regional security cooperation, India’s Chief of the Air Staff, Air Chief Marshal AP Singh, addressed the National Defence College (NDC) in Sri Lanka during his three-day visit to the island nation.
Speaking on the strategic imperative of “Air Power in the 21st Century,” the Air Chief Marshal highlighted the evolving dynamics of modern warfare and the growing necessity of robust bilateral military partnerships in the Indian Ocean Region.
The high-level interaction served as a central fixture of his three-day official visit to the island nation, aimed at anchoring the defence ties between the two neighbours.
Sharing the details in a post on X, the Indian High Commission in Sri Lanka said that the Air Chief also interacted with the Commandant and the National Defence College course participants.
The Chief of the Air Staff Air Chief Marshal A P Singh visited the National Defence College, Sri Lanka on 20 May 26. He spoke on the topic ‘Air power in the 21st century’ and interacted with the Commandant and NDC course participants
Earlier on Wednesday, the High Commission shared that the Air Chief was received with a Guard of Honour at SLAF headquarters prior to formal meetings on Tuesday, prior to his call on with the Commander of SLAF.
“He also called on the Deputy Minister of Defence Maj Gen Aruna Jayasekara (Retd), and the Secretary Defence, AVM Sampath Thuyacontha (Retd). ACM A P Singh paid his respects to the IPKF martyrs by laying a wreath at the monument in Bataramulla”, the post added.
Air Chief AP Singh had arrived in Sri Lanka on an official visit from 19-21 May 26.
India and Sri Lanka have a longstanding defence partnership.
Earlier in April, the two countries reaffirmed their growing maritime partnership through the fourth edition of the bilateral diving exercise, IN-SLN DIVEX 2026, conducted at Colombo from April 21-28.
The exercise witnessed participation of the Indian Navy’s Diving Support and Submarine Rescue Vessel, INS Nireekshak, alongside diving teams from both navies- underscoring enhanced operational coordination and professional synergy, the Indian Navy said in a statement.
As India continues to deepen its military engagements with friendly nations, the multilateral military Exercise PRAGATI 2026 commenced on Wednesday at Umroi Military Station, Meghalaya, with the participation of 12 friendly nations, namely Bhutan, Cambodia, Indonesia, Laos, Malaysia, Maldives, Myanmar, Nepal, Philippines, Seychelles, Sri Lanka and Vietnam.
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