- Last Update 2024-07-17 16:41:00
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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- July 11, 2024 - 1214 - 0
Colombo Fort Magistrate interdicted
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
- July 12, 2024 - 272 - 0
SC refuses interim order on Judges appointments
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.
- July 10, 2024 - 272 - 0
Deadline extended for G.C.E. A/L applications
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
- July 16, 2024 - 272 - 0
MP on open warrant turns up at school event
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.
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