News
Top IMF official to attend confab on ‘Sri Lanka’s Road to Recovery: Debt and Governance’
The First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF) Dr. Gita Gopinath, is scheduled to visit Colombo from 15-16 June 2025, the Central Bank (CBSL) announced.
This visit is a significant development as it marks the first time, since 2005, that a serving FDMD of the IMF visits Sri Lanka, according to the CBSL.
During this visit, Dr. Gopinath will be the guest of honour at the conference on ‘Sri Lanka’s Road to Recovery: Debt and Governance’, jointly co-hosted by the Ministry of Finance, Central Bank of Sri Lanka and the IMF, scheduled to be held on 16 June 2025.
At the mid-point of the IMF-supported reform programme, the Conference aims to reflect upon the lessons learnt from Sri Lanka’s experience in restoring macroeconomic stability, implementing debt restructuring and governance reforms, and to focus on the challenges ahead, the CBSL noted.
Additionally, she is expected to hold bilateral discussions with the Sri Lankan authorities and several key stakeholders on the IMF’s engagement with Sri Lanka.
The Cabinet of Ministers has approved the proposal presented by the Minister of Transport, Highways, and Urban Development to award the contract for printing and supplying vehicle number plates for the Department of Motor Traffic for a period of five (5) years to M/s South Asian Technologies based on the recommendations of the High-Level Standing Procurement Committee and the Procurement Appeal Board.
The National Lotteries board has been established subject to the Finance Act No. 11 of 1963. Having identified the requirement of amending that act which was imposed around 62 years to cater the current requirements of the lottery market, the Cabinet of Mnisters at their meeting held on 14.02.2017 granted approval to draft a new bill for the purpose.
Accordingly, the National Lotteries Board has recognized further amendments to be performed to the fundamental draft bill prepared by the Legal Draftsmen.
Therefore, the Cabinet of Ministers granted approval for the
resolution furnished by the President in his office as the Minister of Finance, Planning and Economic Development to direct the Legal Draftsmen to finalize the formulation of the draft bill for the National Lotteries Board as soon as possible including the proposed new amendments as well.
The Werahara office of the Department of Motor Traffic performs issuance of temporary driving licenses in this country based on the driving licenses issued overseas, and measures have been initiated to render the service from a service window of the Department of Motor Traffic established at the Bandaranayake International Airport from 03.08.2025.
The fees charged for issuing temporary driving licenses have been published in Motor Vehicles (Driving License Levy) Regulations No. 3 of 2022 prepared under the provisions of the Motor Traffic (Authority 203) Act.
But, as the fee of Rupees 2,000/- charged for the service is not sufficient, the requirement of amending the regulations has been recognized.
The regulations for introducing the revised fees have been published in the government extraordinary gazette
notification No. 2463/04 dated 17.11.2025. Therefore, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Transport, Highways and Urban Development to
submit the regulations to the Parliament for its concurrence.
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M/s South Asian Technologies awarded contract to supply vehicle number plates
A new act for National Lotteries Board to be introduced
Motor Vehicles (Driving License Levy) Regulations No. 3 of 2022 to be amended
Mrs. P. K. L. S. Panduwawala appointed to the post of Surveyor General
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