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SL hopes for productive talks at IMF WB spring meetings

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Shehan Semasinghe

Sri Lanka is looking forward to making progress in ending the ongoing debt restructuring negotiations at the IMF and the World Bank’s spring meetings, scheduled to begin from Monday, in Washington, PTI has reported.

Shehan Semasinghe, the State Minister for fFnance, will lead the government delegation, along with Central Bank Governor Nandalal Weerasinghe, and Treasury Secretary Mahinda Siriwardena.

“Through partnership and collective efforts, Sri Lanka would be able to achieve enhanced growth,” Semasinghe said, adding that the talks would be important in securing the next tranche of the USD 2.9 billion International Monetary Fund bailout.

Semasinghe said the funds would benefit low-income families with the extended relief programme ‘Aswesuma’.

Over 182,000 such families will be credited their cash handouts by the end of this week.

Sri Lanka aimed to strike debt restructuring deals with private creditors and sovereign bondholders by June to meet the IMF bailout programme targets.

     “We expect fruitful engagements that will pave the way for unlocking the next tranche of essential funding and a speedy debt resolution which will enhance economic stability, confidence, sustainable growth, restore debt sustainability and ultimately, improve the welfare of every Sri Lankan citizen,” Semasinghe said in a post on X.

The IMF and World Bank meetings will take place in the background of both the World Bank and the ADB warned last week that detailing all hard economic reforms in the election year could hamper the recovery.

It’s been two years since Sri Lanka declared its first-ever default on sovereign debt. The negotiations for debt restructuring continue.

Sri Lanka goes for a presidential election in the last quarter of this year, while the parliamentary election is due mid-next year, PTI has said.

However, political uncertainty prevails in the country as opposition parties have pledged to reverse the current IMF-linked reforms, which have proved unpopular with the masses.

President Ranil Wickremesinghe, who has steered the recovery programme by going into a bailout deal with the IMF for a USD 2.9 billion facility, maintains that the island could once again face economic collapse if the IMF programme reforms are not adhered to.



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Vesak Bhakti Gee Saraniya to be held at the Presidential Secretariat premises from May 12 to 15

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The Vesak Bhakti Gee Saraniya will take place at the Presidential Secretariat premises on May 12, 13, 14, and 15, in conjunction with the “Buddha Rashmi Vesak Kalapaya” jointly organized by the Hunupitiya Gangaramaya Temple, the Presidential Secretariat and the Prime Minister’s Office.

This Bhakti Gee programme will feature performances by Bhakti Gee groups from the Tri-Forces, Police and Civil Security Department, along with the participation of popular vocalists.

The Vesak Bhakti Gee Saraniya will be held each evening from 6:30 p.m. to 8:30 p.m. on all four days.

[PMD]

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Prime Minister intervenes to speed up Police investigations into the death of the child at Kotahena

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A meeting chaired by Prime Minister Dr. Harini Amarasuriya was held on Saturday [May 10] at the Prime Minister’s Office with the police team conducting investigations and the parents of the deceased child from Kotahena.

During the meeting, the Prime Minister instructed the police investigation team to carry out an impartial, accurate inquiry into the incidents that occurred both within the school and in the tuition class.

The Prime Minister further informed the group that the Ministry of Education is presently conducting an internal inquiry to assess the efficiency and adequacy of the procedures that were followed at the time the incident was reported.

In light of the observed lack of coordination among state institutions responsible for responding to cases of child abuse and the failure of these systems to adequately intervene in the recent case involving the abused child the Prime Minister has appointed a three-member committee, chaired by Consultant Paediatrician Dr. Asvini Fernando, to oversee and ensure that the relevant procedures arecarried out efficiently.

The meeting was attended by Minister of Health and Mass Media, Dr. Nalinda Jayathissa, Minister of Women and Child Affairs, Saroja Savithri Paulraj, and Minister of Public Security and Parliamentary Affairs, Ananda Wijayapala.

[Prime Minister’s Media Division]

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State Vesak festival 2025 begins under the patronage of the President

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The State Vesak Festival for the Buddhist Year 2569 commenced on Saturday (10) at the International Buddhist Centre Temple in Nuwara Eliya, under the patronage of the Most Venerable Maha Nayaka Theros of the Three Nikayas and with the participation of President Anura Kumara Disanayake.

This year’s State Vesak Festival is held under the theme “Bhajetha Miththe Kalyane–Bhajetha Purisuththame” (Associate with noble friends of virtue) and will be conducted from May 10 to 16, centered around the Nuwara Eliya District.

Organized in line with the guidance of the Most Venerable Mahanayaka Theros and the directives of the All Island Shasanarakshaka Mandalaya, the festival is coordinated by the Presidential Secretariat, the Prime Minister’s Office, the Ministry of Buddhasasana, Religious and Cultural Affairs, the Department of Buddhist Affairs, the Central Provincial Council and the District Secretariat of Nuwara Eliya.

In conjunction with the declaration of the ‘Vesak Week’ from May 10 to 16, a series of Buddhist religious programmes have been organized in accordance with government policy to promote the spiritual development of the people. Additionally, on-going development work at several temples in the Nuwara Eliya District will be completed during this period with the support of the tri-forces.

Further, a number of special programmes are being implemented under the “Clean Sri Lanka” initiative to foster spiritual growth and Buddhist awareness among the public in parallel with the State Vesak Festival.

Hosting this year’s State Vesak Festival in the multi-religious and multi-cultural Nuwara Eliya District is of special significance. It aims to foster Buddhist enlightenment across the country and further strengthen ties with Buddhist nations around the world.

To mark the occasion of 2569th State Vesak Festival, a commemorative stamp was issued, with the first stamp being officially presented to the President.

The event also included the presentation of ‘Sri Sannas Patra’ (official declarations) designating the historic Maliyadeva Purana Raja Maha Viharaya in Kotmale and the Sri Vishnu Devalaya in Kurunegala as sites of religious worship, both formally handed over by the President.

The event was graced by prominent members of the Maha Sangha, including Chief Registrar of the Malwathu Chapter of the Siam Maha Nikaya and Chief Incumbent of the Somawathi Raja Maha Viharaya Most Venerable Dr. Pahamune Sri Sumangala Nayaka Thero, Anunayake of the Asgiri Chapter of the Siam Maha Nikaya Most Venerable Anamaduwe  Sri Dammadassi Nayaka Thero together with the Maha Sangha representing the three Nikayas, The Chairman of the All Island Shasanarakshaka Mandalaya, Most Venerable Professor Thubulle Seelakkhanda Nayaka Thera, the Chief Registrar of Samastha Lanka Shasanarakshaka Balamandala, Venerable Muganuwala Anuruddha Nayaka Thera, along with the Maha Sangha of the Samastha Lanka Shasanarakshaka Balamandalaya.

Also in attendance were multi-religious clergy, Speaker of Parliament Jagath Wickramaratne, Minister of Buddhasasana, Religious, and Cultural Affairs Dr. Hiniduma Sunil Senevi, other Ministers and MPs, Secretary to the President Dr. Nandika Sanath Kumanayake, senior government officials, foreign Ambassadors, High Commissioners, and a distinguished gathering of local and international guests.

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