Sri Lanka president Sri Lanka

After economic recovery next year, Sri Lanka could decide future it wants via a ballot – President

Reading now: 817
www.newsfirst.lk

After economic recovery next year, Sri Lanka could decide future it wants via a ballot – President 

Read more on newsfirst.lk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Teacher's TikTok plea helps clear thousands of dollars in school lunch debt - fox29.com - state Utah
fox29.com
53%
978
Teacher's TikTok plea helps clear thousands of dollars in school lunch debt
HEBER CITY, Utah - A Utah middle school teacher has used the power of TikTok trends to raise more than $31,000 for students who owe lunch debt in his district.Garrett Jones, who teaches seventh and eighth graders in Heber City, Utah, said it all started when he noticed the TikTok trend of people saying, "If someone would Venmo me a dollar I could ________.""A lot of it was like, ‘pay for my wedding,' ‘take my kids to Disneyland,' ‘take six months off of work,'" he told FOX TV Stations in an interview. READ MORE: Family raises over $250,000 for pizza delivery worker who fell on their porchJones, however, asked his followers for $1 donations to pay the outstanding lunch fees for every student at his school, "because the last thing a kid should be worrying about is how much they owe for meals at a place they’re legally obligated to be," his video said."I kind of did it as a joke at first. I just thought it would be cool to put a more meaningful or positive spin on that trend," Jones recalled.When he first had the idea, Jones thought he could raise "$200 or $300 and maybe be able to help a couple of students.""I’d be thrilled with that, just helping a couple," he said.Rocky Mountain Middle School teacher Garrett Jones and his broadcasting class (Garrett Jones) But Jones’ plea resonated with people — by the thousands — and quickly took off.
Jakub Porzycki - Instacart delivers after twin daughters almost make an $800 purchase - fox29.com - Australia
fox29.com
67%
100
Instacart delivers after twin daughters almost make an $800 purchase
FILE - In this photo illustration, the logo of the food and grocery delivery app Instacart seen displayed on a smartphone screen and on a laptop. (Photo Illustration by Davide Bonaldo/SOPA Images/LightRocket via Getty Images) A pair of 6-year-old twins almost ordered $800 worth of snacks on a retail app that offers grocery delivery and pickup services.Jessica Aiwuyor shared her experience on Twitter of her twin daughters, Efosa and Esosa, almost purchasing a snack run with a subtotal of $757.57, according to Today."My six-year-old twins almost purchased close to $800 worth of snacks using my Instacart app," the surprised mother tweeted.The twins added a number of food and drink items to their cart including 35 boxes of Capri Sun Fruit Punch—which alone was worth over $300—Smartfood popcorn, and 28 bags of chips, including Lay’s Barbecue, Sour Cream and Doritos.AMAZON SELLING PRODUCTS CONTAINING DONKEY MEAT: LAWSUITThe girl's snack plans were foiled when attempting to navigate through checkout."They almost completed the purchase but couldn’t figure out the last few steps," Aiwuyor continued, writing, "I serve a living God!"AUSTRALIAN TOURIST ON BALI VACATION HAS 'MINI PANIC ATTACK' OVER RESTAURANT BILL: 'VERY COSTLY MISTAKE'The event stirred warm responses from Twitter users that sympathized with the child epicures."The babies went off on the Capri Suns and I understand!!!" wrote one Twitter user.FILE - Instacart logo is seen displayed on a phone screen.
National Contributory Pension Fund for public sector - newsfirst.lk - Sri Lanka
newsfirst.lk
63%
465
National Contributory Pension Fund for public sector
COLOMBO (News 1st); Sri Lanka's Cabinet of Minister granted approval for the establishment of National Contributory Pension Fund.According to a document released by the Department of Government Information, the Cabinet has recognized that is appropriate to establish a fund named National Contributory Pension Fund to ensure an appropriate environment is created for public sector employees to spend their retired life without being a burden to the country as well as to provide a pension with a certain profit for the retired life of the state sector pensioners. Accordingly, 8% from the basic salary of the employee and 12% from the employer should be credited to the proposed fund when a state employee is recruited in the state service, it added.An independent entity governed by a board of management to manage the proposed contributory pension fund will be established and a fund manager with special skills will be appointed for management of the funds. The proposed national contributory pension scheme will be applicable to the individuals newly recruited  to the government service, said Cabinet Spokesperson Minister Bandula Gunwardena on Tuesday (28).Those recruited to government service after the month of January  2016 can contribute to the proposed national contributory pension scheme as per their consent, said the statement from the Departmnet of Government Information."Since 2000, all public sector appointment letters carry the clause that they would be moved to the National Contributory Pension Scheme in the future. Therefore, this National Contributory Pension Scheme applies to all those who were recruited since 2016.
Ali Sabry - Sri Lanka hopes for stronger relations with Saudi Arabia - newsfirst.lk - Sri Lanka - Saudi Arabia - city Colombo
newsfirst.lk
68%
895
Sri Lanka hopes for stronger relations with Saudi Arabia
Sri Lanka was expecting its long-standing ties with Saudi Arabia to grow stronger, Foreign Minister Ali Sabry said on Monday, after meeting with a delegation from the Saudi Fund for Development.Sabry hosted the Saudi delegation led by Mohammed Almasoud, the SFD’s director of central and west Asia operations, in the capital Colombo and said Sri Lanka was grateful for the fund’s “continuous assistance despite challenges” as well its support on an extension of an International Monetary Fund loan.“The longstanding Sri Lanka-Saudi bilateral relationship will grow from strength to strength,” Sabry said in a tweet.The minister visited the Kingdom last month, discussing with his Saudi counterpart Prince Faisal bin Farhan ways to boost economic and energy cooperation between the two countries.Sabry had then presented Sri Lanka as a gateway to not only south Asia but the rest of the continent – an “ideal place” to do business. His trip followed a series of high-level engagements by Sri Lankan officials with the Kingdom last year.During Monday’s meeting, the Saudi government pledged to continue providing financial assistance for projects in Sri Lanka, Sri Lankan lawmaker Mohamed Shariff Thowfeek said after taking part in the talks.“This was a great gesture from the Saudi government at a time when some countries have stopped their aid in the midst of the economic crisis,” Thowfeek told Arab News.The SFD has given at least 15 development loans worth $425 million to Sri Lanka, which have financed various projects in water, energy, health, roads, and education.
World Bank’s IFC to provide Sri Lanka with $400 mn financing - newsfirst.lk - Sri Lanka
newsfirst.lk
48%
506
World Bank’s IFC to provide Sri Lanka with $400 mn financing
(Reuters) – The International Finance Corporation (IFC), the World Bank's investment arm, said it will provide Sri Lanka a $400 million cross-currency swap facility to help fund essential imports.Three private banks, which together deal with over 30% of Sri Lanka's remittances and exports, will receive the facility to fund essential imports, including medicine, food and fertiliser, the IFC said in a statement on Monday (27).The funds will provide a much needed foreign exchange cushion for Sri Lanka, which is grappling with its worst financial crisis in over seven decades partly triggered by a severe shortage of dollars.The island nation's economy is estimated to have contracted by 9.2% in 2022 and is expected to shrink a further 4.2% in 2023, according to World Bank data."We expect this financing to boost confidence in the investor community, attract fresh capital inflows to support the Sri Lankan economy," said Joon Young Park, IFC's Portfolio Manager, Financial Institutions Group for South Asia.IFC is also working on further plans to support client banks with other long-term funding and advisory services in the future, the statement added.Sri Lanka signed a preliminary agreement with the International Monetary Fund (IMF) for a $2.9 billion bailout last September but has to put its debt on a sustainable repayment track before the funds can be disbursed.
DMCA