Political Archives - Page 61 of 86

IMF to decide EFF funding of $333 Million on February 28

CNL Reporter
February 19, 2025
Political
IMF to deIMF to decide EFF funding of $333 Million on February 28cide EFF funding of $333 Million on February 28
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The Third Review under the Extended Fund Facility for Sri Lanka will be taken up by the Executive Board of the International Monetary Fund on the 28th of February 2025.

Minister Vijitha Herath Returns After Attending Indian Ocean Conference in Muscat

CNL Reporter
February 18, 2025
Political
Minister Vijitha Herath Returns After Attending Indian Ocean Conference in Muscat
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Hon. Vijitha Herath, Minister of Foreign Affairs, Foreign Employment, and Tourism, returned to Sri Lanka this morning after participating in the 8th Indian Ocean Conference (IOC) held in Muscat, Oman, on 16–17 February 2025. During his visit, Minister Herath engaged in high-level discussions with several foreign counterparts on the sidelines of the conference, focusing on strengthening bilateral relations, regional cooperation, …

UNFPA and Japan strengthen health services in Northern Province

CNL Reporter
February 18, 2025
Political
UNFPA and Japan strengthen health services in Northern Province
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The United Nations Population Fund (UNFPA), with the generous support of the Government of Japan, has undertaken a vital initiative to improve maternal and child healthcare services in the Northern Province of Sri Lanka.

Legal Dispute Over NITF Reinsurance Tender Raises Concerns in Sri Lanka

CNL Reporter
February 18, 2025
Political
Anura Kumara Dissanayake
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Strategic Insurance Brokers (SIB) has formally urged President and Minister of Finance, Anura Kumara Dissanayake, to reconsider the Cabinet’s decision regarding the National Insurance Trust Fund (NITF) tender for reinsurance coverage related to strikes, riots, civil commotion, and terrorism. Their request follows concerns over procedural and legal irregularities in the awarding of the tender.

RDA Spent Rs. 14,715 Crore on Unauthorized Road Projects, Audit Report Reveals

CNL Reporter
February 18, 2025
Political
RDA
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The Road Development Authority (RDA) has spent Rs. 14,715 crore on road reconstruction projects that fall outside its jurisdiction, according to a recent report issued by the National Audit Office.

LIVE UPDATES: 2025 Budget Speech

In his concluding remarks during the Budget Speech, the President said that never has Sri Lanka had a chance like this to catch up with the modern world.

SLPMA warns Govt. inaction stalls local pharma growth,

CNL Reporter
February 17, 2025
Political
SLPMA warns Govt. inaction stalls local pharma growth
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The Sri Lanka Pharmaceutical Manufacturers Association (SLPMA) urged the government to create a level playing field for domestic pharmaceutical manufacturers to compete with imported pharmaceutical products.

Sri Lanka Budget seeks to balance poll pledges with IMF demands – Report

CNL Reporter
February 17, 2025
Political
Sri Lanka Budget seeks to balance poll pledges with IMF demands – Report
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Sri Lanka President Anura Kumara Dissanayake will need to walk a tightrope in his budget Monday, seeking to reduce the economic burden on the poor while taking steps to keep a $3 billion International Monetary Fund bailout on track.