IMF Agreed To Supply $322 Million Loan For Sri Lanka

The Executive Board of the International Monetary Fund(IMF) today agreed to release the First Installment of the  requested loan of  over $322 Million for Sri Lanka.IMF Executive Board agreed to released the Loan after reviewing Sri Lankan Government's Progress on Implementing the Reforms agreed on last July.

In last July the IMF approved a 20 Month stand by Agreement for Sri Lanka by providing $ 2.6 Billion loan for the Country.This Loan was approved to help the Sri Lankan Government to overcome the effects of International Finnancial Crisis and Supporting the Economy.

State Of Emergancy Passed With Majority Votes

The State Of Emergancy was extended for another Month as it passed by the Parliament on this evening.While 95 Voted for the Emergancy and 17 Voted Against including of the Tamil National Alliance(TNA) and Sri Lanka Muslim Congress (SLMC)Members.The memebers of the main Opposition United Natonal Party(UNP) were  absent when the Voting took place.

Sri Lankan Foreign Minister Handed Over The Observation Report To The EU Report On GSP Plus

Sri Lanka today handover their observations on the European Commissions Report on  GSP Plus to the European Member States.The Report titled "Observations of  the GOSL in respect of the report on the findings of the Investigation with respect to the effective implementation of certain human rights conventions in Sri Lanka" was handed over to the Heads of Missions of the European Commision Member Countries represented here in Colombo by the Foreign Minister Rohitha Bogollagama.

Suger,Dhal And Canned Fish Prices Are Reduced

The Prices of Suger,Dhal and Canned Fish has been reduced with effect from Midnight tonight Consumer Affairs Minister Bandula Gunawardana said today.He announced this Price Reduction at a Press Briefing held in Colombo today.

Southern Provincial Councilor Nishantha Muthuhettigama Was Arrested On Court Warrant

Controversial Southern Provincial Councilor Nishantha Muthuhettigama of the Governing United Peoples Freedom Alliance(UPFA) was arrested by the Police short while ago at Galle on a Arrest Warrant issued by the Magistrate Court in Galle.A Special Police Team was sent to arrest Councilor Muthihettigama according to the Senior DIG of Galle.

He was arrested due to failure to  attend the Court Case filed against him by fellow Provincial Councilor and Actress Anarkali Akarsha on the charges of issuing Death Threats against her and destroying her Elections Office .Muthuhettigama also tried to make a chaos at the first newly elected Southern Provincial Council Sessions held yesterday by forcibly occupying the Council Chairman's Seat.Following the Incident the Session was suspended till 19th of November.

Sixty One Arrested Unemployed Graduates Released On Bail

The 61 Unemployed Graduates who were arrested yesterday due to entering into High Security Zone in Colombo Fort without accepting Police warning were released on Bail today by the Fort Magistrate.All the arrested Graduates belongs to the Sri Lankan Unemployed Graduates Union.

These Graduates were clashed with the Police when attempting enter in to the High Security Zone in Colombo fort yesterday in the view to march towards the Presidential Palace to handover a Petition to the President Mahinda Rajapaksha.

Australian Government Rejected The Sri Lankan Offer Of Sending Unskilled Labour

Australian Immigaration Minister Chris Evens today rejected a Proposal made by the Sri Lankan Immigration Chief P.B Abeykoon to allow   local Unskilled Workers to enter Australia as a move to  stop Ilegal Boat Immigrants by entering in to Aussie Waters.