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Japan to support Sri Lanka’s debt restructuring negotiations - newsfirst.lk - China - Japan - India - Sri Lanka - city Tokyo - city Colombo
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Japan to support Sri Lanka’s debt restructuring negotiations
COLOMBO (News 1st) – Japan, one of Sri Lanka's main creditors, will back the South Asian nation as it seeks to restructure about $30 billion of its foreign debt and find a way out of a crippling economic crisis, Tokyo's envoy to the country said on Friday.Reaching an agreement with creditors is key to Sri Lanka securing a $2.9 billion bailout package from the International Monetary Fund (IMF)."Japan stands by Sri Lanka in support of the debt restructuring negotiation process so that Sri Lanka can reach the final agreement with the IMF," Ambassador Hideaki Mizukoshi said in an interview.Japan holds around $3.5 billion of Sri Lanka's total bilateral debt of about $10 billion, amounting to 4.4% of the island's GDP, according to government and IMF data.Japan is also a major trading partner."Japan intends to play a constructive role with other creditor countries, including China and India," Mizukoshi said.Sri Lanka is facing its worst economic crisis in decades, with severely depleted foreign exchange reserves leading to prolonged shortages of essentials, including fuel and food.The financial turmoil is the result of economic mismanagement and the impact of the COVID-19 pandemic that upended Sri Lanka's lucrative tourism industry.Although Japan will support the debt negotiation process, Mizukoshi said that talks on large infrastructure projects will only be resumed after Sri Lanka's economy recovers."In the future, when this economic crisis is over and the economic conditions are in good shape, we can restart that kind of discussion," he said.Sri Lanka suspended a $1.5 billion Japanese-funded light rail project for the commercial capital Colombo in 2020, citing financial problems.Regional rival China has built ports,
Dinesh Gunawardena - SJB, NPP, Dullas fail to nominate MPs to National Council - newsfirst.lk - Sri Lanka
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SJB, NPP, Dullas fail to nominate MPs to National Council
COLOMBO (News 1st); Members of Parliament have been nominated by the respective political parties to serve in the National Council.However, the Samagi Jana Balavegaya, National People's Power, and the Dullas Alahapperuma faction did not nominate members to the National Council.National Council will consist of the Speaker of Parliament as the Chair, the Prime Minister, the Leader of the House of Parliament, the Leader of the Opposition in Parliament, the Chief Government Whip and not more than thirty-five Members of Parliament representing the Ninth Parliament from recognised Political Parties in Sri Lanka as determined by the Leaders of the Political Parties.The resolution proposed by the Prime Minister Dinesh Gunawardena to constitute the Parliament Committee called the “National Council” was passed in parliament without objection.The National Council will have the jurisdiction and general responsibilities in order to,(i) determine the general priorities of Parliament to guide the formulation of short, medium and long-term national policies(ii) agree on short and medium-term common minimum programs in respect of the stabilisation of the economy(iii) arrange special meetings with the Ministers of the Cabinet of Ministers, the National Council, the Chairpersons of the Special Committees and Youth observers of Youth OrganisationsThe National Council will be empowered to request reports from Sectoral Oversight Committees, Committee on Public Finance, Committee on Public Accounts, Committee on Public Enterprises, Committee on Banking and Financial Services, Committee on Ways and Means, Committee on Economic Stabilisation; and any committee controlling the public finance.
Moragoda interacts with Indian Women’s Press Corps & IAAN - newsfirst.lk - city New Delhi - India - Sri Lanka - city Delhi
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Moragoda interacts with Indian Women’s Press Corps & IAAN
COLOMBO (News 1st) – The High Commissioner of Sri Lanka to India Milinda Moragoda had separate interactions with the members of the Indian Women’s Press Corps (IWPC) and the students of the IAAN School of Mass Communication recently.The formal interaction with the members of the Indian Women’s Press Corps was held at the organization’s headquarters in New Delhi. A large number of Delhi-based journalists, mostly women journalists, representing prominent media outlets in India attended this interaction.The members of the IWPC posed several questions to High Commissioner Moragoda, ranging from Sri Lanka’s present economic and political developments to Indo-Sri Lanka relations at large. The session was moderated by the President of the IWPC, Shobhna Jain. Several leading newspapers and news sites in India carried the contents of this interaction in their editions yesterday (22).Founded in 1994, the IWPC is one of the premier journalists’ organizations in India and has a membership of about 900 women journalists.Earlier in the day, High Commissioner Moragoda interacted with the students of the ‘IAAN School of Mass Communication’ on Indo-Lanka relations in line with India’s 75th Independence anniversary. The interaction was held at the recently opened High Commissioners’ Gallery at the Sri Lanka High Commission.High Commissioner Moragoda engaged with the students during an informal question and answer session followed by a formal interview that focused on Indo-Lanka relations.The students of the IAAN School of Mass Communication interviewed the High Commissioner for a special audio-visual book titled ‘Foreign Relations’ to mark the 75th anniversary of the Independence of  India.
Iran protests: At least 9 killed as demonstrations over woman’s death spread - fox29.com - Iran - Uae - city Dubai, Uae - city Tehran, Iran
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Iran protests: At least 9 killed as demonstrations over woman’s death spread
Dozens of people stage a demonstration to protest the death of a 22-year-old woman under custody in Tehran Iran on September 21, 2022. (Photo by Stringer/Anadolu Agency via Getty Images) DUBAI, United Arab Emirates - Clashes between Iranian security forces and protesters angry over the death of a 22-year-old woman in police custody have killed at least nine people since the violence erupted over the weekend, according to a tally Thursday by The Associated Press.The scope of Iran's ongoing unrest, the worst in several years, still remains unclear as protesters in more than a dozen cities — venting anger over social repression and the country’s mounting crises — continue to encounter security and paramilitary forces.To prevent protests from spreading, Iran's biggest telecom operator largely shut down mobile internet access again Thursday, said Netblocks, a group that monitors internet access, describing the restrictions as the most severe since 2019.An anchor on Iran's state television suggested the death toll from the mass protests could be as high as 17 on Thursday, but did not say how he reached that figure.In a country where radio and television stations already are state-controlled and journalists regularly face the threat of arrest, the paramilitary Revolutionary Guard urged the judiciary on Thursday to prosecute "anyone who spreads fake news and rumors" on social media about the unrest.
Retirement age revision: Over 300 specialists to retire from public service, no doctors to fill vacancies - newsfirst.lk
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Retirement age revision: Over 300 specialists to retire from public service, no doctors to fill vacancies
COLOMBO (News 1st) –  According to the latest circular issued by the Ministry of Public Administration regarding the retirement age limit of state employees, 300 specialist doctors will have to retire from public service on or before December 31st of 2022.In the proposal for this year presented to the Parliament in 2021, the retirement age of all State employees was extended to 65 years.However, the revised budget presented recently lowered the retirement age of Government employees to 60.Accordingly, all Government employees aged 60 years or above must retire by December 31st 2022.Under this directive, existing specialist doctors at provincial and primary hospitals will have to be transferred to fill the vacancies caused by the retirement of specialist doctorsThe association stated that it is not possible to transfer specialist doctors without filling the vacancies first.Usually, only specialist doctors who are already trained abroad can be transferred in this manner.However, in view of the current crisis in the country, a significant group of specialist doctors are likely to remain abroad, the Association of Specialist Doctors said.In that situation, the entire health service, including remote hospitals may also collapse, the Association of Specialist Doctors emphasized.The association points out that according to the new circular, 43 specialists of Colombo National Hospital, 30 specialists of Kandy National Hospital, 17 specialists of Karapitiya Teaching Hospital, 15 specialists of Lady Ridgeway Children's Hospital and 09 specialists of Apeksha Hospital will have to retire.
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