The World Bank is set to approve US dollars 700 million in budgetary and welfare support for Sri Lanka later this month when the Board conducts its next meeting, according to sources from the Bank.
US dollars 500 million of the funding will be for budgetary support and will be made available in two tranches of equal amounts, following approval.
The balance US dollars 200 million is due for programmes to reduce poverty which will be a boost to the Government’s poverty eradication programmes due to come into effect in July.
The Board meeting of the World Bank is due to be held on June 28.
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
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
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