Category: Sri Lanka
Sri Lanka’s Social Safety Net programs suffer from poor targeting
COLOMBO (News 1st); The International Monetary Fund on Tuesday (21) said that the Extended Fund Facility (EFF) arrangement for Sri Lanka sets a minimum spending…
Never recommended to postpone elections, says IMF
Written by Zulfick Farzan Written by Zulfick Farzan 21 Mar, 2023 | 8:14 am COLOMBO (News 1st); The International Monetary Fund said that it…
IMF to release US $ 333 Mn immediately to Sri Lanka under bailout package
COLOMBO (News 1st); The International Monetary Fund said that it will enable an immediate disbursement equivalent to about US $ 333 million for Sri Lanka…
US welcomes Sri Lanka’s IMF package; Ambassador says structural & lasting reforms are critical
COLOMBO (News 1st); The United States of America has welcomed the approval of Sri Lanka’s IMF package. “Great news & an important step on the…
IMF approves Sri Lanka’s bailout package under EFF; Sri Lanka can access up to $ 7 Bn
COLOMBO (News 1st); The IMF Executive Board approved Sri Lanka’s program under the Extended Fund Facility (EFF) that will enable Sri Lanka to access up…
SLTB to add routes into geographic information systems to improve public transportation services
The Sri Lanka Transport Board (SLTB) has announced a new pilot program that aims to incorporate bus route maps into a geographic information system (GIS). …
Dimuth ready to step down as Test Captain after Ireland series
COLOMBO (News 1st); Skipper Dimuth Karunaratna says he is prepared to step down as the Sri Lanka Test Cricket Captain after the test series with…
FUTA strike enters 12th day, cripples university activities
COLOMBO (News 1st); University activities have been crippled due to the strike action launched by the Federation of University Teachers’ Associations against the new tax…
Landslide Warnings Issued for Badulla, Kegalle and Kurunegala Districts
COLOMBO (News 1st) – The National Building Research Organization (NBRO) has issued landslide warnings for the districts of Badulla, Kegalle and Kurunegala. There is a…
Minister assures NO Power Cuts
COLOMBO (News 1st); A generator unit at the Norochcholai Power Plan in Sri Lanka has suffered a breakdown. Sri Lanka’s Minister of Power and Energy…