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Foreign Debt Act No. 29 of 1957 and all amendments thereto to be repealed

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Since the procedures that should be followed in obtaining and managing foreign debts are covered by the Public Debt Management Act No. 33 of 2024, the Foreign Debt Act No. 29 of 1957 and all the amendments thereto should be cancelled. The policy agreement has been provided at the cabinet meeting held on 09-12-2024 for that purpose. The clearance of the Attorney General has been received for the Foreign Debt (Abolishment) Draft prepared by the draftsman.

Accordingly, the Cabinet of Ministers has approved the proposal presented by the President, in his capacity as the Minister of Finance, Planning, and Economic Development to publish the said draft in the Government Gazette and thereafter to present it to the Parliament for approval.



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Pope Leo prays at tomb of Francis ahead of first Sunday address

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Pope Leo XIV will give his first Sunday blessing and address to a crowd in St Peter’s Square in the Vatican today.

He will recite the Regina Caeli prayer, in honour of the Virgin Mary, in his first public address since his election was announced with white smoke on Thursday.

After delivering Sunday mass, Pope Leo will bless those gathered on the square outside – and deliver his reflections.

On Saturday, he visited a shrine outside Rome and then prayed before the tomb of his late predecessor Francis inside the basilica of Santa Maria Maggiore.

Pope Leo will be formally inaugurated at a mass in St Peter’s Square next week on 18 May.

[BBC]

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Death toll in Gerandi Ella accident rises to 21

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It has been reported that the death toll in the Gerandi Ella accident which took place this morning has risen to 21. It has also been reported  that the government wil rs 1 million as compensation to the families of the victims.

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Death toll rises to 11 in Gerandi Ella accident

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It has been reported that the death toll in the Gerandi Ella bus accident has risen to 11

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