Sri Lankans queen Elizabeth Ii II (Ii) Ranil Wickremesinghe China Japan India Sri Lanka Britain president Government reports Sri Lankans queen Elizabeth Ii II (Ii) Ranil Wickremesinghe China Japan India Sri Lanka Britain

We are broke as a country, but we need to pull ourselves up – President

Reading now: 834
www.newsfirst.lk

COLOMBO (News 1st) – It’s not a secret that we are all broke as a country, and we have to pull ourselves up by our bootstraps, said Sri Lankan President Ranil Wickremesinghe addressing a meeting with the Sri Lankan Diaspora.President Ranil Wickremesinghe who visited the United Kingdom to attend the funeral ceremony of Queen Elizabeth II had met with the Sri Lankan Diaspora in Britain on Monday (19) afternoon." We have already started discussions with the IMF and staff level agreement is there.

We have to talk to India, China and Japan and to the private creditors. While we look at our issues of debt, we also have to repay what we have borrowed.

This means we need 25 years from now to 2048. Then we will be 100, by then will be a prosperous society," said the President.Many Sri Lankan businessmen, investors and professionals living in Britain attended the meeting organized by the Sri Lankan High Commission in Britain.President Ranil Wickremesinghe explained the future plans of the new government of Sri Lanka and invited the Sri Lankans living there to join the new investment opportunities created in Sri Lanka.The President also commented on winning future challenges as a Commonwealth country under the leadership of the new King of Britain.The Sri Lankan High Commissioner in the UK Saroja Sirisena was also present at this meeting.The full speech made by President Ranil Wickremesinghe at the meeting with the Diaspora is as follows;“As I am meeting the Commonwealth Secretary General tomorrow (20), we were taking amongst ourselves how we are going to function.

We want the Commonwealth to be strong, to go ahead. The UK has been a friend and ally for a long time. We have been under the rule of UK and we have been an independent.

Read more on newsfirst.lk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Sri Lanka will remain a middle-income country despite GDP decline: IMF Asia & Pacific Dep. Director - newsfirst.lk - Sri Lanka - county Pacific
newsfirst.lk
82%
632
Sri Lanka will remain a middle-income country despite GDP decline: IMF Asia & Pacific Dep. Director
COLOMBO (News 1st) – The Deputy Director of the Asia and Pacific Department of the International Monetary Fund, Anne-Marie Gulde-Wolf has said that Sri Lanka will remain a middle-income country despite the decline in GDP.Speaking at an IMF press conference on the Asia and Pacific Region’s Economic Outlook, the Deputy Director of the Asia and Pacific Department of the IMF responded to questions raised about Sri Lanka's progress toward debt restructuring negotiation, the IMF's program timeline, and whether Sri Lanka could be downgraded to low-income status.She pointed out that it is difficult to predict a timeline because the process of debt negotiations takes time, and mentioned that timelines differ depending on who the creditors are and what is involved. "We certainly are supporting the process as much as we can. And we hope that everybody can work expeditiously to get a process underway, and discussions have started, including with support of all bilateral creditors that are involved," she said. Anne-Marie Gulde-Wolf further speaking noted that with regard to the other multilateral lenders, the IMF is working very closely with the World Bank, the Asian Development Bank, the Asian Investment Bank, on programs for Sri Lanka, which would assist in closing the financing gap. "But I want to say also very importantly that the policies under the other multilateral lenders in their areas of expertise will be important to resolve Sri Lanka's longer term growth problems," Anne-Marie Gulde-Wolf emphasized.
Ranil Wickremesinghe - Cast aside party politics and commit to addressing the country’s food crisis- President advises officials in Ampara - newsfirst.lk
newsfirst.lk
71%
520
Cast aside party politics and commit to addressing the country’s food crisis- President advises officials in Ampara
COLOMBO (News 1st) – President Ranil Wickremesinghe emphasized that all should join together to solve the people’s food issues, casting traditional party politics aside.The President made this observation addressing the public officers at an awareness program on the multi-sector mechanism to empower rural economic revitalization centers to ensure food security and nutrition at Hardy Advanced Technological Institute Auditorium in Ampara this morning (15).The President further noted that no one would be allowed to starve despite the fact that the country is going through a very difficult time and pointed out the importance of successfully implementing the national food production program to prepare for a possible global food crisis in 2023.The president also said that the agriculture modernization program would be implemented from next year concurrent to the food security program.The implementation of the multi-sector mechanism to empower rural economic revitalization centers to ensure food security and nutrition in transforming the Ampara District also into a prosperous one with a blooming community was also discussed at length.The Ampara district contributes 22 percent to the national paddy harvest and discussions were also focused on making the paddy cultivation in the Yala and Maha seasons a success.It was also special feature that the President paid special attention to the issues faced by the government officials during the field work. The president was made aware of issues related to the agriculture and fisheries industry in the Ampara district and he directed the officials to address those issues.
New controversial anti-corruption law: TISL calls for critical amendments - newsfirst.lk - Sri Lanka
newsfirst.lk
37%
473
New controversial anti-corruption law: TISL calls for critical amendments
COLOMBO (News 1st) – Transparency International Sri Lanka (TISL) called for critical amendments and public consultation on the proposed Anti-Corruption Law, which enables the creation of an independent commission that is empowered to carry out arrests without a warrant or a magisterial order.The controversial bill was introduced by the Ministry of Justice, and oversees the creation of an independent commission that is empowered to carry out arrests without a warrant or a magesterial order, for officials who are suspected to have carried out an offence under the proposed anti-corruption act. This law seeks to replace the Bribery Act, the Commission to Investigate Allegations of Bribery or Corruption Act and the Declaration of Assets and Liabilities law. According to the bill, any authorized officer of the Commission may without an order from a Magistrate and without a warrant arrest any person suspected of committing an offence under the provisions of this Act. Moreover, the section (58)1 of the proposed bill highlights that "an authorised officer of the Commission may apply in writing to the High Court for a warrant authorizing the covert monitoring of any conduct and recording of any communication if such officer has reasonable grounds to suspect or believe that a person has committed, is committing or is about to commit an offence under this Act."TISL notes that Sri Lanka does not lack laws to deal with bribery and corruption even at present, however the enforcement of the said laws remain inadequate. While the country is struggling to apply even the existing anti-corruption laws, the TISL seriously notes that the independence of any proposed anti-corruption body from the Executive could only be assured, if any
Sri Lankans - Four of seven Sri Lankans in Ukraine are medical students - newsfirst.lk - Sri Lanka - Britain - Russia - Ukraine - region Kharkiv
newsfirst.lk
37%
618
Four of seven Sri Lankans in Ukraine are medical students
COLOMBO (News 1st) – Four out of the seven Sri Lankans who were held captive by Russian forces in Ukraine have been identified as medical students in the city of Kupiansk, while the other three were identified as workers.This information is being revealed in contrast to the rumors circulating with regard to the captured Sri Lankans being illegal immigrants, and the Ukrainian President Zelenskyy's brief about the seven Sri Lankans being medical students.A report by the Associated Press citing a press conference held at Kharkiv Police states that the Sri Lankans were tortured at a factory in the area which was captured by Russian forces, and were beaten, mainly because they could not understad the language.The former captives include Nilojan Vasanthakumar, 20, Uthayakamar Mary Edid Prema, 50, Sharujan Gianeswaran, 25, Thinees Jokenthhiran, 34, Dilukshan Robertclive, 25, Dilujan Paththinajakan, 20 and Ainkaranathan Ganesamoorthi, 38.According to the captured Sri Lankans, six among the group were held in a large upstairs room, while the seventh, the only woman, was kept in a dark cell by herself. On 17th September, the Ukrainian President Voldomyr Zelenskyy in his briefing noted that seven Sri Lankan students were found in 'torture chambers' where civilians were abused by Russian soldiers in areas of the Kharkiv region in Ukraine. One man said he was shot in the foot by the Russian captors. Another had a toenail ripped off after the soldiers repeatedly bashed it with the butt of a rifle.“Every day we were cleaning toilets and bathrooms,” Dilukshan Robertclive, one of the former captives, said in English.
Ranil Wickremesinghe - High Security Zones declared in Colombo - newsfirst.lk - Japan - Sri Lanka
newsfirst.lk
91%
122
High Security Zones declared in Colombo
COLOMBO (News 1st) – Sri Lankan President Ranil Wickremesinghe has declared multiple areas in Colombo as High Security Zones.The details in the extraordinary gazette are as follows:Parliament ComplexOn the NORTH by :- From Polduwa Junction to the Speaker's Residence, Kumbukgaha Duwa Road, Rajamalwatta Road, Jayanthipura Junction, Jayanthipura Road and Parliament Road including Diyawanna Lake.On the EAST by :- From Jayanthipura Junction to Outer Vehicle Park of the Parliament (Alcatraz Park), Parliament Ground, Keangnam Junction, Japan Sri Lanka Friendship Road, Pahalawela Road to Kimbulawala Junction including Diyawanna Lake.On the SOUTH by :- From Kimbulawala Junction to Pin Niyara Junction of Thalawathugoda Road, Area up to Pin Niyara including Sudarshana Mawatha, Daham Mawatha, Gamage Mawatha, Eeyam Poruwa Temple Road, Byroads and MP’s Quarters – Madiwela, Pita Wella Road at the back of MP’s Quarters including Diyawanna Lake.On the WEST by :- From Pin Niyara Junction to Beddagana Junction of Thalawathugoda Road, Polduwa Junction including Diyawanna Lake along Beddagana Road, Polduwa Road, Wehera Kanda Road, Beddagana, Nippon Road Supreme Court Complex, High Court Complex- Colombo, Magistrate Court Complex- Colombo and Attorney General’s DepartmentOn the NORTH by :- From Dam Street, Aluthkade Street to Belmont StreetOn the EAST by :- From Belmont Street to Adhikarana Mawatha Junction along Sanchi Arachchi Gardens RoadOn the SOUTH by :- Parcel Roundabout, Sanchi Arachchi Gardens RoadOn the WEST by :- St.Sebastian Hill Street, Mihindu Mawatha, St.Sebastian StreetPresidential Secretariat, President's House, Sri Lanka Navy Headquarters and Police HeadquartersOn the NORTH by :- From NSA Roundabout to Police Headquaters
Ranil Wickremesinghe - Sri Lanka’s Debt Restructuring talks today (22) - newsfirst.lk - Sri Lanka
newsfirst.lk
72%
452
Sri Lanka’s Debt Restructuring talks today (22)
COLOMBO (News 1st) – Sri Lanka's proposal for Debt Restructuring will be discussed online on Friday (23).Finance Secretary Mahinda Siriwardena told News 1st that all creditor nations will join the discussion, and the plan is to provide them a better understanding on Sri Lanka's Debt Restructuring process.Sri Lanka will be represented by the Finace Ministry Officials and personnel from the Central Bank of Sri Lanka.On Thursday (22) foreign diplomats in Sri Lanka assured President Ranil Wickremesinghe of their support to get the assistance of the International Monetary Fund (IMF) to Sri Lanka to recover from the economic crisis, said the President's Media Division.They made this assurance on Thursday (22) at the Ambassadors’ Forum on Debt Restructuring and IMF Program held at the President’s Office chaired by the President.Ambassadors from 23 countries, both members and non-members of Paris Club participated at the Forum.The foreign ambassadors expressed their confidence that Sri Lanka would be able to get out of this situation.President Ranil Wickremesinghe emphasized that it was the government’s expectation to overcome the economic challenge that the country is facing and assured that all possible measures would be taken in the endeavour.Governor of the Central Bank Dr. Nandalal Weerasinghe and Finance Ministry Secretary Mahinda Siriwardana explained the progress of the discussions held with the International Monetary Fund (IMF) and the current economic situation in Sri Lanka.President Ranil Wickremesinghe said that it was a challenge the country had to face to ensure a better future for the next generation.
DMCA