Close associates of underworld figure arrested

Maldives and Sri Lanka to enhance relationship

The Maldives and Sri Lanka have discussed the need to enhance the relationship between both countries. The High Commissioner?designate of Sri Lanka to Maldives, A.M.J. Sadiq presented his Letter of Credence and the Letter of Recall of his predecessor to the President of the Republic of Maldives, Ibrahim Mohamed Solih at the President?s Office in Male. After conveying the warm greetings of President Gotabaya Rajapaksa to President Solih, the Sri Lankan envoy expressed his keen desire to strengt

03 Feb, 2022

Cabraal plays down Basil’s comments on IMF talks

Central Bank Governor Ajith Nivard Cabraal has played down comments made by Finance Minister Basil Rajapaksa on Sri Lanka having talks with the International Monetary Fund (IMF). Basil Rajapaksa had said yesterday that the Sri Lanka Government has sough the assistance of the IMF to deal with the economic crisis. Rajapaksa said that an IMF delegation is expected to arrive in Sri Lanka for talks. Cabraal tweeted today saying that Minister Basil Rajapaksa’s comment that Sri Lanka has requested t

03 Feb, 2022

Government seeks IMF assistance to deal with crisis

The Sri Lanka Government has sough the assistance of the International Monetary Fund (IMF) to deal with the economic crisis. Finance Minister Basil Rajapaksa said that an IMF delegation is expected to arrive in Sri Lanka for talks. The Government had earlier said it is unlikely to seek a bailout from the IMF. However, later Rajapaksa said Sri Lanka was considering discussing a deal with the IMF. Rajapaksa had said that the Government would think about a programme with the IMF. (Colombo Gazet

02 Feb, 2022