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Sri Lanka confident of meeting conditions for IMF funding soon

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Shehan

Sri Lanka was optimistic about resolving its debt restructuring issues in the second quarter to secure financing from the International Monetary Fund (IMF), as external creditors are reportedly engaging positively, Bloomberg said quoting the country’s state finance minister.

“We anticipate a favourable outcome,” stated state minister Shehan Semasinghe during discussions held in London with Sri Lanka’s bondholders on the sidelines of the Boao Forum in Hainan province, China. He emphasised the significance of accessing the tranche for Sri Lanka.

Semasinghe also mentioned productive talks between Chinese leader Xi Jinping and Prime Minister Dinesh Gunawardena in Beijing, where pledges were made to strengthen ties with the Export-Import Bank of China and China Development Bank.

Last week, Sri Lanka received initial approval for a $337 million payout from the IMF, contingent on further progress in debt restructuring. Sri Lanka must finalise agreements with China ExIm and China Development Bank, along with memorandums of understanding with official creditors such as India and the Paris Club, to obtain approval for the next tranche of the $3 billion bailout.

President Ranil Wickremesinghe has expressed the nation’s intention to seek payment relief through 2027. Semasinghe indicated plans to introduce legislation to sustain reforms that have aided Sri Lanka during its economic crisis and debt default in 2022, aiming to bolster confidence in the economy among creditor nations.



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Showers above 100 mm are likely at some places in the Eastern and Uva provinces and showers about 50-75 mm in other areas

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WEATHER FORECAST FOR 08 JANUARY 2026
Issued at 05.30 a.m. on 08 January 2026 by the Department of Meteorology

The depression over the Bay of Bengal, located to the southeast of Sri Lanka, was centered near latitude 5.3°N and longitude 86.0°E, about 490 km southeast of Pottuvil, at 11:30 p.m. yesterday (07). It is expected to move west-northwestwards and towards the eastern coast of the island during next 24 hours. This system is likely to intensify further into a deep depression during the next 12 hours.

Cloudy skies can be expected over most parts of the island.
Showers or thundershowers will occur at times in the  Northern, North-central, Eastern, Uva, Central and Southern provinces. Showers or thundershowers may occur at several places elsewhere in the Island after 1.00 p.m. Heavy showers above 100 mm are likely at some places in the Eastern and Uva provinces. Fairly Heavy showers about (50 – 75) mm are likely at some places in the other areas of the island.

Strong winds about (50-60) kmph can be expected at times over the Eastern slopes of the central hills, the Northern, North-central, North-western and Eastern provinces and in Hambantota, Gampaha, Colombo and Monaragala districts.

The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

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Easter Sunday attacks: Govt. says wife of Katuwapitiya Church bomber alive

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Sara Jasmine

Minister of Public Security Ananda Wijepala told Parliament yesterday that information uncovered during ongoing investigations indicated that Pulasthini Mahendran, also known as Sara Jasmine, linked to the 2019 Easter Sunday terror attacks, was not dead.

Responding to a question raised by Opposition MP Mujibur Rahuman, the Minister said there was no confirmation that Sara Jasmine was currently in India, despite speculation to that effect. He added that investigators suspected she may have fled the country and stressed that further inquiries were underway to establish her whereabouts.

“If necessary, the government will take steps to obtain a warrant,” Wijepala said, noting that legal action related to the Easter attacks had already been initiated, based on available evidence.

Minister Wijepala said the new government had launched an thorough probe to determine whether a political or other conspiracy had been behind the attacks that killed more than 270 people in 2019. However, he declined to disclose certain details in Parliament, citing the risk of hampering investigations.

Sara Jasmine, Mohammed Hashtun, who bombed St. Sebastian’s Church, in Katuwapitiya, in 2019, was long presumed to have died in a suicide blast in Sainthamaruthu, days after the attacks. Wijepala said attempts by previous administrations to establish her death had failed, with recent reports indicating that DNA tests conducted at the time were inconclusive.

During the debate, MP Rahuman recalled that senior figures, including then-Opposition MP Nalinda Jayatissa, had previously claimed Sara Jasmine was in India. He questioned why authorities had not sought an open warrant for her arrest whether the issue had been raised in talks with Indian officials.

Wijepala, responding on behalf of Deputy Minister of Defence Arun Jayasekara, said the government would not hesitate to pursue legal action, including warrants, if necessary.

By Saman Indrajith

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Indian Army Chief here

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BIA staff welcoming Chief of the Indian Army Staff (COAS), General Upendra Dwivedi, who arrived here yesterday (07)

The Chief of the Indian Army Staff (COAS), General Upendra Dwivedi arrived in Sri Lanka yesterday (07). On arrival, the COAS was accorded a Guard of Honour by the Sri Lanka Army.

The Indian HC said that: “He will engage with senior military and civil leadership, including the Commander of the Sri Lanka Army, Deputy Minister of Defence and the Defence Secretary; and hold detailed discussions on matters of mutual interest, including training cooperation, capacity building and regional security.

During the visit, the COAS will address officers at the Defence Services Command and Staff College (DSCSC) and interact with officers and trainees at the Army War College, Buttala, reflecting India’s strong commitment to defence education and professional military exchanges with Sri Lanka.

General Dwivedi will also pay homage at the IPKF War Memorial, honouring the supreme sacrifice of Indian soldiers.”

General Dwivedi arrived here from the United Arab Emirates (UAE) where he attended several events during 05 to 06 January.

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