News
Saudi Arabia assures support to Sri Lanka’s recovery efforts
Minister of Ports, Shipping and Aviation, Nimal Siripala de Silva recently received an assurance from Saudi Arabian Ambassador to Sri Lanka, Khalid Hamoud Nasser Alkahtani, that KSA would support ongoing economic recovery efforts.
They met on Nov 6. During the meeting, the Saudi Arabian Ambassador expressed appreciation for the rapid progress achieved by Sri Lanka’s shipping and aviation sectors in a relatively short time following the country’s efforts to recover from the recent economic recession. The Ambassador pledged unconditional support through the Paris Club to aid Sri Lanka’s debt restructuring process, which is being carried out by the International Monetary Fund (IMF) at present.
Minister Nimal Siripala de Silva conveyed the Sri Lankan Government’s gratitude to the Ambassador, emphasizing the historically close bilateral and diplomatic ties between Saudi Arabia and Sri Lanka. He acknowledged Saudi Arabia’s significant contribution to the generation of foreign exchange for Sri Lanka through the employment opportunities provided to a substantial number of Sri Lankans in the kingdom.
The Minister and the Ambassador also discussed the resumption of “Saudi Air” flights, which were temporarily suspended due to the COVID-19 pandemic. They also explored the possibility of recruiting and deploying trained Sri Lankan seafarers to the shipping lines under the Saudi Arabian government. An agreement was reached to promptly sign a Memorandum of Understanding (MOU) between Sri Lanka and the Saudi government on this matter.
Furthermore, the Minister extended an invitation to the Saudi Arabian Ambassador for a group of academics from Saudi Arabia to visit Sri Lanka. The visit aims to gain a comprehensive understanding and evaluation of the courses offered by the Mahapola Ports and Maritime Academy (MPMA) of the Sri Lanka Ports Authority (SLPA) and other private sector universities in providing training and courses within the shipping and naval sectors.
At the meeting the Minister assured the Ambassador of Sri Lanka’s readiness to collaborate closely with Saudi Arabia in the fields of shipping, aviation, and foreign employment. The Minister also commended the support extended by Saudi Arabia towards Sri Lanka’s socio-economic development.
Mrs. Nayana Somaratne, Additional Secretary of the Ministry of Ports, Shipping, and Aviation, also participated in the discussions.
Accepting deposits from political parties and independent groups who intend to contest the forthcoming Local Authorities Election ended at 12noon today [19].
Deposits were accepted at respective District Secretariats from 3rd March 2025.
The Elections Commission has announced that the deadline for the accepting of nominations for the LA poll is set to conclude at 12:00 noon tomorrow (20).
It has been reported that the former Inspector General of Police (IGP) Deshabandu Tennakoon has appeared before the Matara Magistrate’s Court this morning (19),
The former IGP had been evading arrest after the Matara Magistrate’s court had ordered his arrest regarding a shooting incident that took place in front of the W15 Hotel Pelena, Weligama, Matara, in 2023.
The government has begun recovering funds obtained by former Lands and Land Development, Environment and Wildlife Resources Minister SM Chandrasena for the Janatha Lanka Chilli Marketing Limited (JLCML), which he headed, Parliament was informed yesterday.
Agriculture, Livestock, Land, and Irrigation Minister Namal Karunaratne said that as the Chairman of JLCML, Chandrasena had obtained a loan of Rs. 1,275,000 from the Mihintale Govijana Seva Bank in 2001.
The principal of the loan had not been repaid until the end of last year. “After we came to power, we demanded that the loan be settled. Then, we discovered that the interest on the loan had not been paid for the past 24 years, and attempts had been made to have the loan written off. We stopped that and are now in the process of recovering the interest of Rs. 1,975,233 on the loan,” Karunaratne said.
Karunaratne added that JLCML was registered as a company with the Registrar of Companies on March 21, 2001. As Chairman of the company, Chandrasena requested a loan of Rs. 10 million on April 19, 2001, for the purpose of purchasing chillies from farmers in 12 farmer colonies in the Mihintale Agrarian Service area.
The request was approved by the Mihintale Agrarian Service Committee on the same day and referred to the Anuradhapura District Agrarian Operations Committee, which approved it on April 23, 2001. However, the Agriculture Development Commissioner General recommended that a loan of Rs. 1.2 million would suffice for this purpose. JLCML took the loan and failed to repay it until the end of last year. When the matter was raised, the principal was paid, and we are now in the process of recovering the interest that was not paid for the past 24 years,” Karunaratne added.
By Saman Indrajith
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