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IMF holds talks with party leaders on economic reforms
Latest News Sun directly overhead Chilaw, Bingiriya, Halmillawewa, Panduwasnuwara, Gokarella, Kawudupelella, Koppaveli and Kirankulam about 12:12 noon. today (09) Published 8 hours agoon 2026/04/9 On the apparent northward relative motion of the sun, it is going to be directly over the latitudes of Sri Lanka from the 05th to 15th of April this year. The nearest areas of Sri Lanka over which the sun is overhead today (09th) are Chilaw, Bingiriya, Halmillawewa, Panduwasnuwara, Gokarella, Kawudupelella, Koppaveli and Kirankulam about 12:12 noon. Latest News Heat Index at Caution Level in the Western, Sabaragamuwa, Southern, Eastern, North-western, Northern and North-central provinces and in Monaragala district Published 8 hours agoon 2026/04/9 Warm Weather Advisory Issued by the Natural Hazards Early Warning Centre Issued at 4.30 p.m. on 08 April 2026, valid for 09 April 2026. The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Western, Sabaragamuwa, Southern, Eastern, North-western, Northern and North-central provinces and in Monaragala district. The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data. Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services. ACTION REQUIRED Job sites: Stay hydrated and takes breaks in the shade as often as possible. Indoors: Check up on the elderly and the sick. Vehicles: Never leave children unattended. Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated. Dress: Wear lightweight and white or light-colored clothing. Note: In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491. News AG: Coal procurement full of irregularities Published 9 hours agoon 2026/04/9 AG S. Jayarathne The Auditor General has warned that delays in coal procurement and continued reliance on suppliers of questionable standards could disrupt the supply of electricity. The special audit report on coal imports was presented to Parliament on Tuesday (...
IMF Talks with Sri Lanka Leaders on Economic Reforms
An International Monetary Fund (IMF) delegation has engaged in crucial discussions with parliamentary party leaders regarding Sri Lanka's ongoing economic reform program and recovery challenges. The high-level talks, led by Deputy Director Evan Papageorgiou, focused on the nation's current economic landscape as it prepares for the critical fifth and sixth review phases of its comprehensive reform initiative. Key Discussion Points and Economic Priorities The parliamentary discussions addressed multiple pressing economic concerns facing Sri Lanka today. Post-cyclone recovery emerged as a significant challenge, with the IMF delegation examining how natural disasters have impacted the country's economic stability and reform timeline. The talks also encompassed broader global economic uncertainties that continue to influence Sri Lanka's recovery trajectory. Party leaders presented their perspectives on the current reform program's effectiveness and highlighted areas requiring immediate attention. The dialogue emphasized the importance of maintaining momentum in structural reforms while addressing humanitarian concerns arising from recent natural disasters. IMF Program Review Process The upcoming fifth and sixth reviews represent critical milestones in Sri Lanka's relationship with the IMF. These assessments will evaluate the country's progress in implementing agreed-upon reforms and determine future funding arrangements. The reviews typically examine fiscal consolidation measures, monetary policy effectiveness, and structural reform implementation. During these evaluations, the IMF assesses compliance with program conditions, including revenue generation targets, expenditure rationalization, and debt sustainability measures. Success in these reviews is essential for continued international support and access to additional funding tranches. Post-Cyclone Economic Recovery Challenges Recent cyclone damage has added complexity to Sri Lanka's economic recovery efforts. The natural disaster has strained government resources and potentially affected key economic sectors including agriculture, tourism, and manufacturing. Recovery costs may impact fiscal targets and require adjustments to existing reform timelines. The IMF delegation discussed mechanisms for incorporating disaster recovery needs into the broader economic program without derailing fundamental reform objectives. This includes exploring options for emergency funding and adjusting performance crite...
Sri Lanka anticipates a $700 million IMF payout by the conclusion of ...
Sri Lanka is working towards establishing a staff-level agreement with the International Monetary Fund (IMF) by Thursday, September 9, as announced by President Anura Kumara Dissanayake. This agreement has the potential to secure approximately $700 million in financial assistance for the country. In his address to Parliament on September 7, the President indicated that discussions with the ...
IMF delegation meets President Dissanayake - The Island
A visiting delegation from the International Monetary Fund (IMF) met with President Anura Kumara Dissanayake at the Presidential Secretariat on Thursday (02) to discuss Sri Lanka's ongoing economic reform programme and progress under the IMF-supported Extended Fund Facility. During the discussions, attention was drawn to the current status of Sri Lanka in relation to the […]
