The International Monetary Fund (IMF) has put forward some conditions to grant a bail out facility requested by the Sri Lanka government, official sources said.
A senior official of the Treasury told the Sunday Times online that Sri Lankan government is considering the conditions made by the IMF for a Fund supported programme as one option to address the balance of payment issues faced by the country
He noted that the IMF representatives have brought to the notice of the Finance Ministry at meeting held in Colombo recently that their bailout package would be worked out following he assessment of macroeconomic vulnerabilities, the nature and size of balance of payments needs, and Government policies to address those vulnerabilities.
A technical mission to Sri Lanka to review recent developments and options for reducing the size of Sri Lanka’s 2016 budget deficit concluded recently.(Bandula ).
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
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