- Last Update 2025-04-30 21:34:00
No new financing to Sri Lanka until an adequate macroeconomic policy framework is in place: World Bank
The World Bank denied recent media reports suggesting Bank is planning support for Sri Lanka in the form of a bridge loan or new loan commitments, among other incorrect assertions."Until an adequate macroeconomic policy framework is in place, the World Bank does not plan to offer new financing to Sri Lanka,"
"We are currently repurposing resources from previously approved projects to help the government with some essential medicines, temporary cash transfers for poor and vulnerable households, school meals for children of vulnerable families, and support for farmers and small businesses." statement from the Bank said.
We are concerned for the people of Sri Lanka and are working in coordination with the IMF and other development partners in advising on appropriate policies to restore economic stability and broad-based growth, the statement added.
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- April 25, 2025 - 170 - 0
Rs 30 million worth tabs and mobiles left behind at duty free shop
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
- April 26, 2025 - 142 - 0
Your Sunday Times highlights for this week
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
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