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(VIDEO) Military and Police Units in Colombo as TUs protest - newsfirst.lk - Sri Lanka - county Union
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(VIDEO) Military and Police Units in Colombo as TUs protest
COLOMBO (News 1st); Military and Police Units equipped in riot gear were seen stationed at multiple locations in Fort, Colombo as Trade Unions launched protests against the governments' unjust tax regime.Trade Unions in Sri Lanka have declared Wednesday the 8th of February as a day for protests.Trade Unions are protesting against the government's failure to address the medicine shortage, and the unjust tax regime imposed by the government.The Government Medical Officers Association, a party to the Professionals' Trade Union Collective launched a 24-hour token strike across all Private and State hospitals.The Federation of University Teachers' Association also decided to engage in a one-day token strike.Trade Unions from the electricity, water supply, petroleum and port sectors organized joint protests in Fort, Colombo on Wednesday (8) afternoon.Port sector trade unions announced a work-to-rule action in the morning, and joined the protest in the afternoon.The water supply, petroleum and power supply sector trade unions announced that they will take sick leave on Wednesday (8) and join the protest without reporting to work.Activities across hospitals, universities, divisional secretaries, and other sectors affected by the trade union action launched by the Professionals' Trade Union CollectiveHowever, the Ceylon Electricity Board Technological Engineers and Superintendent Union stated that although they support the protest against the unjust tax regime, they will be taking necessary measures to supply electricity without disruption. A.G.U.
Sri Lankans - Ali Sabry - Sri Lanka ready to support Search and Rescue in Turkiye - newsfirst.lk - Sri Lanka
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Sri Lanka ready to support Search and Rescue in Turkiye
COLOMBO (News 1st); Sri Lankan Foreign Minister Ali Sabry, PC said that the country is ready to deploy a contingent of 300 military personnel for relief efforts in Turkiye.The contingent will include personnel from the Sri Lanka Engineers Corps and the Sri Lanka Army Medical Corps.Minister Ali Sabry said that on the instructions of the President he contacted the Foreign Minister of Turkiye and offered assistance for search & rescue"We recall when the Tsunami struck us in 2004,Türkiye provided immediate humanitarian assistance & built a housing complex for those who lost their houses," tweeted the Minister.The Sri Lankan Embassy in Turkiye said that it has not been able to access information with regard to the Sri Lankan woman who was reported missing following the devastating earthquakes.A Senior Officer attached to the mission said that the mobile device of the Sri Lankan woman was traced.The Officer also noted that earlier it was reported that the building in which was living had collapsed, however, reports later suggested that she had vacated the premises before the earthquakes.Foreign Minister Ali Sabry, PC said that a contingent of 300 military personnel are ready to be deployed to Turkiye, as soon as a request for help is made.The contingent will include Sri Lanka Army Engineers and personnel from the Medical Corps.On Monday (6)  Foreign Minister Ali Sabry said 9 Sri Lankans were residing in the region. 8 people have been contacted.
Paris Club to give Sri Lanka financing assurances amid IMF debt talks - newsfirst.lk - China - city Beijing - India - Sri Lanka
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Paris Club to give Sri Lanka financing assurances amid IMF debt talks
(Reuters) – The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters.The informal group of bilateral lenders is set to "soon" announce its support to the crisis-hit nation on a debt overhaul, said one of the people, who asked not to be named because talks are private.The Asian island nation, which is grappling with soaring inflation, a recession and currency depreciation, entered into a staff level agreement with the IMF last September.But it needs financing assurances from key bilateral lenders before the fund's executive board approves the programme.Sri Lanka's public debt stood at 122% of GDP, of which 70% is denominated in foreign currency, according to data in a country presentation to investors in November.China and India, both non-Paris Club members, are the top bilateral lenders. "Paris Club assurance is not reliant on China," said the source.Another source said the informal group is currently reaching out to other non-Paris Club besides China on financing assurances, but did not provide any further details.India previously committed to help ease the debt burden of neighbour Sri Lanka as part of the IMF programme, and China's Eximbank offered a two-year moratorium in a letter sent to the island nation in January.While the IMF has not yet provided any guidance on where the lender stands regarding China's assurances to Sri Lanka, a U.S.
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