The crisis in Sri Lanka appeared to be the result of mismanagement – IMF managing director
International Monetary Fund Managing Director Crystalina Giorgio said at a meeting in Switzerland that the crisis in Sri Lanka appeared to be the result of mismanagement. Speaking to NDTV in India, Davos, Switzerland, she said, “It was heartbreaking to see pictures of what was happening in Sri Lanka, once a relatively prosperous country. And that it is the result of mismanagement. Therefore, the most important thing to do is to bring the country to a good micro-economic base, she said. “The International Monetary Fund (IMF) strongly supports the debt restructuring process in Sri Lanka. The International Monetary Fund (IMF) has not yet completed a study on what the program will look like and how the loan can be restructured.” She said She also said that the loan could be given once it was clarified. According to the NDTV report, she thanked India for being such a good friend of Sri Lanka and for supporting Sri Lanka in this difficult time.
The central bank destroyed more than 5.5 billion dollars to keep the rate
Although he and another member of the Monetary Board of the Central Bank of Ceylon requested that foreign reserves not be used continuously to protect the level of 203 rupees. Dr Rani Jayamaha, a former member of the Monetary Board of the Central Bank of Sri Lanka, said that the other members of the Monetary Board did not care. She made the revelation while addressing the COPE Committee in Parliament recently. The Central Bank has been accused of destroying about $ 5.5 billion in foreign reserves to keep the rupee stable at 203.
Economic Crisis In Sri Lanka – India and Japan came together to protect Sri Lanka
Japan and India have agreed to work together to help Sri Lanka to recover from the economic crisis. The agreement was reached during a meeting with Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida in Tokyo on the sidelines of the Code Summit. The purpose of this discussion was to build closer ties for the development of free and open Indo-Pacific cooperation. Although Japan has been a major donor to Sri Lanka for more than 50 years, its focus on China in recent years has reduced it’s investment and assistance. These countries have also accepted the proposal made by Prime Minister Ranil Wickremesinghe to create a collection of foreign donors to Sri Lanka, led by the United States, India, Japan and Australia.
2 year imprisonment for Shashi Weerawansha.
Colombo Magistrates Court imposed a sentence of 2 years imprisonment and Rs 100,000 fine on Shashi Weerawansa over illegal passport case.
2 suspects arrested
2 suspects arrested by the CID in Kottawa over the assault on MP Kumara Welgama.
Colombo magistrate’s court issues an order.
Colombo magistrate’s court issues an order today preventing protests being held obstructing 5th lane in the Cinnamon gardens police division where PM’s residence is located & obstructing nearby roads & schools & causing harassment to the public.
2nd Test, Mirpur Sri Lanka Vs Bangladesh
2nd Test, Mirpur Sri Lanka vsBangladesh SL first innings 506 all out in reply to 365 scored by Bangladesh Angelo Mathews 145*Dinesh Chandimal 124Dimuth Karunaratne 80 Shakib Al Hasan 5 for 95Ebadot Hossain 4 for 148
The new Commander of the Army
General Shavendra Silva will assume office on 1 June 2022 as new Chief of Defence Staff after relinquishing the office of the Commander of the Army on 31 May Chief of Staff Major General Vikum Liyanage will be appointed as the new Commander of the Army with effect from 1 June.
Indians also set fire to the politicians houses
Police in riot gear storm a rally in Amalapuram, Andhra Pradesh, India on Tuesday. The protesters also set fire to the houses of Minister of State for Transport P.Vishwaroop and P. Satheesh, a member of the Legislative Council. The minister’s family had already been taken to a safe place. It was not initially reported whether the MP’s family members were at home, but police sources said no one was injured. Protesters are said to have started the protest against the decision of the Government of Andhra Pradesh to rename the newly created Konasima District in the State after Dr. BR in a context where they are at risk without at least one healthy meal a day Twenty police officers were injured in the clashes, Home Affairs Minister Tanetti Vanitha told the media. She said the violence was unfortunate and that the police were taking strong action against the perpetrators.
Do not worry about monkey flu – WHO
The World Health Organization (WHO) has warned people not to worry about monkey-pox, which is currently spreading in 16 countries. “Monkey flu” is a viral disease endemic to Central and West Africa. It is currently spreading rapidly in the West, Australia and Israel. British health officials say the ‘monkey flu’ is spreading in British society. Belgium has even introduced new health laws to quarantine those infected with ‘monkey flu’ for 21 days. The World Health Organization (WHO) says more than 100 cases of monkey flu have been reported worldwide so far. However, no deaths were reported. “The monkey flu virus, which is restricted to the African region, is spreading in the West. This is indeed an unusual expansion. We have never seen anything like this before in history. Monkey flu is a virus that can be transmitted between smallpox and chickenpox. It is not as deadly as the covid 19 virus. It has the potential to control the spread of monkey flu outside Africa. There is no need to be unnecessarily scared, ”said Maria von Kerkow, the World Health Organization’s new head of the new virus, at a news conference in Geneva. Symptoms of ‘monkey flu’ include fever, headache, muscle aches and fatigue. Blisters appear as in chicken pox on the face and limbs. The spread of the virus occurs through close contact with an infected person. Homosexuals are prevalent in the West, and foreign media reports indicate that most of the patients are gay men. Doctors say antimicrobial drugs for the chickenpox (smospex) virus, as well as immunizations made to protect against chickenpox, can control ‘monkey pox’.