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Debt crisis: No direct UK help

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The UK has so far not provided direct assistance to Sri Lanka, struggling to cope up with the balance of payment crisis.UK Development Minister Vicky Ford has explained that their support would be directed, through international lending and relief agencies. Minister Ford stated the UK position on Tuesday (06) in response to a query raised by Labour member, Sam Tarry, regarding aid to people affected by the economic crisis Minister Ford said: “The UK is closely monitoring the political, economic and security situation in Sri Lanka, including food security and livelihoods. The UK is providing economic support, through multilateral institutions, like the International Monetary Fund (IMF), the World Bank (WB) and the United Nations (UN).

The UK has the joint fifth largest shares in the IMF and is a major contributor to the UN and the WB. The UK has a significant voice in international debt fora and we are working with other Paris Club members on solutions to Sri Lanka’s unsustainable debt levels.

“The WB has reprogrammed US $400 million, in financial assistance, to provide economic and health sector support. We are working to support the UN and its agencies in their coordinated response to the Humanitarian Needs and Priorities (HNP) Plan. This called for US $47.2 million to provide life-saving assistance to 1.7 million people who are most at risk and need immediate support. The UN Central Emergency Response Fund (CERF) has announced US $5 million for an urgent response to the economic crisis in Sri Lanka. The UK is a longstanding partner to the CERF and is the largest overall donor, contributing more than $1.7 billion to the fund, since its inception 15 years ago. We are exploring additional options to respond to Sri Lanka’s humanitarian needs.”



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Members of the TPA meet with President Dissanayake

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A group of Tamil Progressive Alliance (TPA) members, including its Leader Mano Ganesan, met President Anura Kumara Dissanayake on Thursday  (02) morning at the Presidential Secretariat.

Extensive discussions were held on the issues faced by the Malayagam communities, particularly in relation to education, housing and land, as well as on the urgent measures required to address these concerns. The President paid special attention to all these matters.

Attention was also drawn to the recruitment of qualified Tamil-medium teachers to address the teacher shortage in estate sector schools and this too was discussed at length.

Members of Parliament P. Digambaram and V. Radhakrishnan, along with several other party members, were present at the meeting.

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Lanka secures Russian support with oil supply amidst energy crunch

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Minister of Foreign Affairs, Vijitha Herath, held talks with Deputy Foreign Minister of Russia Andrey Rudenko at the Foreign Ministry, in Colombo, on Thursday (02), with both sides reaffirming their commitment to strengthening bilateral relations.

The Sri Lanka Ministry of Foreign Affairs said the visiting Russian Deputy Minister noted that Russia regarded Sri Lanka as a long-standing friend.

Rudenko assured that Russia stood ready to support Sri Lanka when required, including in the swift supply of Russian oil to help address the current energy challenges, encouraging Russian investors to explore new opportunities in the country and promoting increased tourist arrivals.

He also expressed Russia’s readiness to provide compensation for Sri Lankan war veterans who had lost their lives in the ongoing conflict between Russia and Ukraine.

Minister Herath welcomed Russia’s willingness to assist, emphasising that Sri Lanka valued the support extended by its “old friend”, particularly at a time when the country was facing pressing energy needs.

He noted that the two countries shared nearly seven decades of diplomatic relations and said the present moment provided an opportunity to further strengthen ties, including through long-term trade agreements.

The discussions focused on enhancing cooperation in the fields of energy, investment, tourism and diplomacy, with both sides reiterating their commitment to further deepen the longstanding friendship between Sri Lanka and Russia.

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157 foreigners arrested for engaging in online financial scam from hotel at Iranawila

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Police yesterday arrested 157 foreign nationals in connection with an alleged organised online financial scam, conducted from a hotel in the Iranawila area in Chilaw.

The suspects were taken into custody during a raid carried out by the Police while they were staying at the hotel in Iranawila.

Police said the arrested group included 143 nationals from China, 13 from Bangladesh and one from Vietnam.

Investigators suspect the group had been involved in a coordinated online financial scam, targeting victims through digital platforms.

The suspects are being detained for further questioning while investigations are continuing to determine the full extent of the operation and whether additional individuals were involved.Police said further inquiries are underway.

By Norman Palihawadane

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