The Executive Board of the International Monetary Fund
will this week consider the grant of a US dollar 2.5 billion dollar
facility to Sri Lanka, authoritative sources revealed yesterday.The board meeting is set for July 24 at the IMF’s
Washington headquarters and a favourable decision is widely anticipated.The Letter of Intent (LOI) by the Government of Sri
Lanka that must precede the grant of the facility has now been
finalized.
Amnesty for military
deserters?
The government is likely to explore the possibility of
discharging hundreds of security forces deserters held at Welikada and
also granting a general amnesty to deserters on the run.
Southern Highway not
properly monitored says UNP MP
UNP MP Lionel Premasiri yesterday said that last week’s
revelation that about 30 bridges on the southern highway having to be
demolished due to extremely poor standard in construction was evidence
of the government’s pathetic failure to monitor the project.
