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Lanka and Belarus draw roadmap for deeper cooperation in trade ...
News Showers will occur at times in the Western, Sabaragamuwa, Central, North-western and Northern provinces and in Anuradhapura, Galle and Matara districts Published 20 mins agoon 2026/05/16 WEATHER FORECAST FOR 16 MAY 2026 Issued at 05.30 a.m. on 16 May 2026 by the Department of Meteorology According to the today’s latest weather analysis, the low-pressure area located northeast of Sri Lanka, still persists. The Department of Meteorology is continuously monitoring the behavior, development and path of the system. Due to the influence of the above system, Showers or thundershowers will occur at times and cloudy skies are expected in the Western, Sabaragamuwa, Central, North-western and Northern provinces and in Anuradhapura, Galle and Matara districts. Fairly heavy showers about 75 mm are likely at some places in these areas. Showers or thundershowers may occur at a few places in the Uva and Eastern provinces after 1.00 pm. The general public is kindly requested to take adequate precautions to minimize damage caused by temporary localized strong winds and lightning during thundershowers. News Lanka’s eligibility to draw next IMF tranche of USD 700 mn hinges on ‘restoration of cost-recovery pricing for electricity and fuel’ Published 2 hours agoon 2026/05/16 The International Monetary Fund (IMF) said on Thursday that the completion of Sri Lanka’s combined Fifth and Sixth Reviews, under the Extended Fund Facility (EFF), remains subject to approval by its Executive Board, which is expected to meet in the coming weeks. Addressing a media briefing, IMF Communications Department Director, Julie Kozack, said IMF staff and Sri Lankan authorities had reached a staff-level agreement on 09 April. She noted that several prior actions must be completed before the programme can be submitted to the Executive Board, including the restoration of cost-recovery pricing for electricity and fuel, measures to protect vulnerable groups, and the completion of financing assurances. Upon Board approval, Sri Lanka would gain access to approximately US$700 million in financing, Kozack said. Responding to a question on whether the government’s fuel subsidy scheme — including the Rs. 100 per litre diesel subsidy — was consistent with the IMF’s pricing framework, Kozack declined to comment directly on the measure. However, she reiterated that the programme requires both cost-recovery pricing reforms and safeguards for vulnerable communities. Kozack also observed that Sri Lanka had...
Lanka and Belarus draw roadmap for deeper cooperation in trade ...
During his trip, Herath engaged in talks with Belarusian leaders, senior officials, business representatives, and tourism industry members, leading to several agreements aimed at increasing trade and economic collaboration. One major announcement was the plan to launch direct air services between Sri Lanka and Belarus by the year's end. The discussions also considered partnerships in tourism, education, gemstones, agricultural tools, fertilizers, and other areas of shared interest. After the meeting, Herath told reporters that the new direct flights would boost tourism, assist Sri Lankan students studying in Belarus, and create more opportunities in important sectors like gemstones, mechanical engineering, and agriculture. He emphasized that these agreements would further enhance trade, tourism, and educational connections between the two countries.
Sri Lanka, Belarus explore new trade and tourism partnerships
Sri Lanka and Belarus moved to deepen economic ties during a Business Round Table organized by the Belarus National Export Promotion Centre. Minister of Foreign Affairs Vijitha Herath, who led the Sri Lankan delegation, said the discussions focused on expanding bilateral trade, investment, and tourism cooperation. Deputy Minister of Industry Leonid Ryzhkovchits and Deputy Minister of ...
Lukashenko & FM Herath Chart Belarus-Sri Lanka Partnership
Sri Lanka and Belarus have taken significant steps to strengthen their diplomatic relationship as Foreign Minister Vijitha Herath engaged in high-level discussions with President Aleksandr Lukashenko in Minsk. The meeting, which focused on developing a comprehensive roadmap for bilateral cooperation, underscores both nations' commitment to expanding their longstanding partnership across ...
