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USD 3.1 bn foreign reserves: SJB not sure of Governor’s claim

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Top Samagi Jana Balavegaya lawmaker Dr. Harsha de Silva yesterday (29) questioned the veracity of Central Bank Governor Ajith Nivard Cabraal’s declaration pertaining to the country’s foreign reserves climbing to USD 3.1 bn.

Asserting that the Governor made his much publicised claim in the wake of China making available Yuan 10 bn, lawmaker De Silva emphasised that those funds could be utilised subject to certain conditions. (See Financial Review for the Governor’s full statement). Lawmaker de Silva asked why the Governor couldn’t reveal the funding sources. The former State Minister said that the Governor was acting as if he was the Superman.

The former UNPer alleged that the government continued to deceive the public as the country struggled to obtain gas, milk food and other essential items against the backdrop of a dearth of USD.

MP de Silva said that the country was in a pathetic state today due to politicians hiding the truth over a long period of time (SF)



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PM returns to the island

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Prime Munister Dr Harini Amarasuriya returned to the island this (23rd) morning  after attending the World Economic Forum in Davos, Switzerland,

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Navy divers restore sluice gate of Bomburuella Reservoir

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The Sri Lanka Navy successfully conducted a diving operation on 19 Jan 26 to inspect and restore the sluice gate of the Bomburuella Reservoir.

Acting on a request from the Department of Irrigation, the Sri Lanka Navy deployed a specialized diving team from the Western Naval Command, for the urgent requirement.

Through concerted effort, the Navy divers successfully cleared accumulated debris, including a significant quantity of wooden fragments, which had impeded the sluice gate mechanism.

 

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PM holds High-Level meetings with EU, UNDP, and corporate leadership at World Economic Forum

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Prime Minister Dr. Harini Amarasuriya held a series of high-level bilateral meetings on Wednesday [January 21] on the sidelines of the World Economic Forum in Davos, Switzerland, engaging with representatives of the European Union, the United Nations Development Programme, and the global private sector.

The Prime Minister met with Hadja Lahbib, European Commissioner for Preparedness and Crisis Management. During the meeting, she expressed Sri Lanka’s appreciation for the support extended by the European Union and its member states following Cyclone Ditwa. The Prime Minister also briefed the Commissioner on the key findings of the World Bank’s GRADE report and requested continued EU support for Sri Lanka’s development and recovery efforts.

Prime Minister Amarasuriya also met with Alexander De Croo, representing the United Nations Development Programme. She expressed appreciation for the longstanding partnership between Sri Lanka and the United Nations and acknowledged the UN’s support in flood relief and livelihood assistance. The Prime Minister noted that, following the mandate received at the parliamentary election, the government is focused on meeting public expectations through national rebuilding grounded in public trust and good governance. She further reaffirmed the Government of Sri Lanka’s commitment to strengthening social protection systems and safeguarding vulnerable communities.

In addition, the Prime Minister met with Robert M. Uggla, Chairman of A.P. Moller Holding. The discussion focused on engagement with the private sector and potential areas of collaboration.

These meetings reflected Sri Lanka’s continued engagement with international partners and global stakeholders to support recovery, development, and long-term economic stability.

[Prime Minister’s Media Division]

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