Second Day of Talks between the President and IMF

President Anura Kumara Dissanayake engaged in a discussion with the International Monetary Fund (IMF) at the Presidential Secretariat today (04), marking the second day of talks with the President. Following up on yesterday’s discussion, the two parties discussed the way forward and measures to overcome delays pertaining to the third review. At yesterday’s meeting with the IMF delegation President Dissanayake …

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UNDP Resident Representative Meets with Secretary to the President

The Resident Representative of the United Nations Development Programme (UNDP) in Sri Lanka Azusa Kubota, met with the Secretary to the President, Dr. Nandika Kumanayake, for discussions on UNDP’s ongoing projects in the country and future collaboration between the UNDP and the Sri Lankan government, yesterday (03) at the Presidential Secretariat. During the meeting, Kubota expressed the organization’s eagerness to …

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President Reaffirms Commitment to IMF Objectives, Advocates for Alternative Solutions to ease the burden on people

In a significant meeting today, President Anura Kumara Dissanayake engaged directly with IMF delegation included Director of the Asia Pacific Department, Krishna Srinivasan and SeniorMission Chief Dr. Peter Breuer to discuss the progress of Sri Lanka’s on-going IMF programme. The President was accompanied by key Sri Lankan officials, including Central Bank Governor Dr.Nandalal Weerasinghe, Secretary to the Treasury Mr. Mahinda …

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UN Representative meets President AKD

The United Nations (UN) Resident Coordinator in Sri Lanka Marc-André Franche met with President Anura Kumara Dissanayake today (03) at the Presidential Secretariat. During the meeting, the UN Resident Coordinator conveyed the warm greetings of UN Secretary-General António Guterres to President Dissanayake. Mr. Marc-André Franche praised the President’s manifesto and commended the President’s ethical nature of the political campaign. The …

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Gazette issued rescinding pensions for Central Bank Governors

The Central Bank has issued a Gazette Extraordinary rescinding the pension benefits of the Governors of the Central Bank with effect from September 11, 2024. The Gazette issued by Central Bank Governor Nandalal Weerasinghe said that pension payments to a person who has been appointed as the Governor shall be discontinued with effect from 11.09.2024 and no claims for pension …

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Strengthening Corporate Governance Practices in Licensed Banks

The Central Bank of Sri Lanka (CBSL) wishes to announce the issuance of the Banking Act Directions No. 05 of 2024 on Corporate Governance for Licensed Banks on 30.09.2024. These Directions were issued with a view to strengthening the corporate governance processes and practices of the licensed commercial banks and licensed specialised banks (hereinafter referred to as licensed banks), thus …

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Local Government polls soon after General Elections – Election Commission

The Election Commission has announced that it is geared to conduct the much-delayed 2023 Local Government Elections shortly after the upcoming General Elections.  In a special statement, the Commission said dates for the Local Government elections will be announced soon after the General elections conclude. The Commission’s announcement follows a series of legal proceedings and financial discussions regarding the allocation …

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Honouring Public Servants Committed to Building an Efficient and People-Centered Public Service

Says the President as he takes on the role of Minister of Agriculture, Lands, Livestock, Irrigation, Fisheries, and Aquatic Resources. President Anura Kumara Dissanayake affirmed his commitment to supporting public servants who dedicate themselves to creating an efficient, citizen-focused public service. He emphasized that unlike under previous administrations government officials working in the interest of the people will no longer …

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239 elephants killed in eight months – Wildlife Department sources

Sri Lanka has reported a staggering 239 elephant deaths within the last eight months owing to a plethora of reasons, Wildlife Department sources said. The deaths include 40 from gunshots, 31 from electrocution, 28 from ‘hakka patas’ , 04 from poisoning, 05 from train accidents, 06 from a road accident, 11 by drowning, and 07 from other accidents. Further, the …

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High-Level IMF Team Meets Sri Lankan Government to Discuss Economic Reforms

A high-level delegation from the International Monetary Fund (IMF) arrived in Sri Lanka today (02) to engage with the newly formed government led by President Anura Kumara Dissanayake. The primary objective of the visit was to initiate discussions on the progress of the IMF Program and necessary steps towards the release of the fourth tranche of the $ 2.9 billion …

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