Julie Chung China Usa Sri Lanka Britain 2020 medicines Assurant Julie Chung China Usa Sri Lanka Britain

China responds to Julie Chung’s ‘spoiler’ comment

Reading now: 563
www.newsfirst.lk

The Chinese Embassy in Sri Lanka has responded to the comments made by US Ambassador to Sri Lanka Julie Chung in a recent interview with the BBC.The Chinese Embassy in a statement said that their US colleague should commit to self-examination rather than play the blame game.Full Statement: “China, China, China!”, our US colleague starts chanting this infamous mantra and blaming China as a “spoiler” to the island’s negotiation with the IMF during her recent interview with a UK television program on Sri Lanka’s debt issue.

Before her baseless accusing and lecturing, our US colleague should have at least asked herself: Who is the single largest shareholder of the IMF with a veto power over major policy decisions?

Who is keeping printing US dollar, with more than $3 trillion in 2020 alone? Who are those private creditors owning 40% of Sri Lanka’s total external debt stock with the highest interest rates?

Who sued Sri Lanka in its federal court immediately after the island’s default?The public may also like to know how the US have walked the talk to help the Sri Lankan people when they have already received 10000 MT of rice, 9000 Liters of diesel, 5 billion LKR of medicines and 3 million fabric meters of school uniform materials gifted by China?

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

Sri Lankans - Exercise increased caution in Sri Lanka; New Zealand tells travelers - newsfirst.lk - Sri Lanka - New Zealand
newsfirst.lk
63%
465
Exercise increased caution in Sri Lanka; New Zealand tells travelers
COLOMBO (News 1st) – New Zealand has advised its citizens to Exercise increased caution in Sri Lanka due to the impacts of the economic crisis, the potential for civil unrest and the risk of terrorism.The Ministry of Foreign Affairs and Trade for New Zealand in its official portal noted that Sri Lanka has stabilised somewhat since the widespread shortages and associated large protests and consequent changes in political leadership in mid-2022. There are still sporadic shortages of basic goods including medicines and some food due to the economic position of the country and living conditions of Sri Lankans, which have significantly deteriorated in the past year. It added that there is a restricted/limited supply of fuel including diesel, petrol and cooking gas, which is being rationed. The rationing system has reduced queues but there may occasionally be difficulties or delays obtaining specific types of fuel, particularly outside of Colombo.It added that Travellers should ensure they have transport plans and contingency plans in place ahead of any journeys to or around Sri Lanka. It also advises New Zealanders in Sri Lanka to avoid protests, demonstrations, political rallies and events, large crowds and queues. On Terrorism, New Zealand says there is an ongoing threat of terrorism in Sri Lanka.It added that in response to the 2019 April Attacks, the country’s security presence has increased, and security has since improved across the country.More details on : https://www.safetravel.govt.nz/sri-lanka
Paris Club to give Sri Lanka financing assurances amid IMF debt talks - newsfirst.lk - China - city Beijing - India - Sri Lanka
newsfirst.lk
61%
175
Paris Club to give Sri Lanka financing assurances amid IMF debt talks
(Reuters) – The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters.The informal group of bilateral lenders is set to "soon" announce its support to the crisis-hit nation on a debt overhaul, said one of the people, who asked not to be named because talks are private.The Asian island nation, which is grappling with soaring inflation, a recession and currency depreciation, entered into a staff level agreement with the IMF last September.But it needs financing assurances from key bilateral lenders before the fund's executive board approves the programme.Sri Lanka's public debt stood at 122% of GDP, of which 70% is denominated in foreign currency, according to data in a country presentation to investors in November.China and India, both non-Paris Club members, are the top bilateral lenders. "Paris Club assurance is not reliant on China," said the source.Another source said the informal group is currently reaching out to other non-Paris Club besides China on financing assurances, but did not provide any further details.India previously committed to help ease the debt burden of neighbour Sri Lanka as part of the IMF programme, and China's Eximbank offered a two-year moratorium in a letter sent to the island nation in January.While the IMF has not yet provided any guidance on where the lender stands regarding China's assurances to Sri Lanka, a U.S.
Sri Lankans - Ranil Wickremesinghe - Julie Chung - US pledges support for Sri Lanka’s recovery efforts - newsfirst.lk - Usa - Sri Lanka
newsfirst.lk
61%
174
US pledges support for Sri Lanka’s recovery efforts
COLOMBO (News 1st) –  Victoria Nuland, the Under Secretary of State for Political Affairs of the United States, called on President Ranil Wickremesinghe in Colombo on Wednesday (1).She is on an official visit to the country, and she discussed the economic crisis in Sri Lanka, and the ongoing US assistance to the Sri Lankan people.US Ambassador to Sri Lanka Julie Chung accompanied Nuland for the meeting, where both sides further discussed ways both the United States of America and Sri Lanka are working together toward an inclusive, prosperous and secure future for all Sri Lankans.According to the President's Media Division, the President in his meeting with Victoria Nuland, the Under Secretary of State for Political Affairs of the United States, thanked the US Government for their support during difficult times. Under-Secretary Nuland had pledged the US Government’s support for Sri Lanka's ongoing recovery efforts.The discussion also focussed on the on-going discussions with the International Monetary Fund (IMF), while the U.S. pledged to continue to support the negotiations with the aim of swiftly resolving the issues.The President outlined the measures being taken in regard to the reconciliation talks with the minority parties in Sri Lanka, including the full implementation of the 13th Amendment.Discussions also focussed on the on-going efforts to combat the growing narcotics trade, with the U.S.
Ozzy Osbourne - Sharon Osbourne - Ozzy Osbourne admits 'my body is weak' as he announces health has ended his touring days - express.co.uk - Britain
express.co.uk
60%
583
Ozzy Osbourne admits 'my body is weak' as he announces health has ended his touring days
Ozzy Osbourne, 74, has shared one of the "hardest things" he has ever had to do as he announced that he will no longer be touring with Black Sabbath.The legendary singer took to Twitter to share a lengthy statement with his upset fans.Ozzy shared a statement in view of his 5.5 million Twitter followers with the caption: "This is probably one of the hardest things I've ever had to share with my loyal fans..."The statement read: "As you all know, four years ago, this month, I had a major accident, where I damaged my spine."My one and only purpose during this time has been to get back on stage. My singing voice is fine."However, after three operations, stem cell treatments, endless physical therapy sessions, and most recently groundbreaking Cynbernics (HAL) Treatment, my body is still physically weak."I am honestly humbled by the way you've all patiently held onto your tickets for all this time, but in all good conscience, I have now come to the realisation that I'm not physically capable of doing my upcoming European/UK tour dates, as I know I couldn't deal with the travel required."Believe me when I say that the thought of disappointing my fans really F**KS ME UP, more than you'll ever know."Never would I have imagined that my touring days would have ended this way?"My team is currently coming up with ideas for where I will be able to perform without having to travel from city to city and country to country."The statement continued: "I want to thank my family...
Bandula Gunawardena - Ranil Wickremesinghe - President orders to further curtail government expenditure - newsfirst.lk - Sri Lanka
newsfirst.lk
64%
562
President orders to further curtail government expenditure
COLOMBO (News 1st); In a note to the Cabinet, President Ranil Wickremesinghe, in his capacity as the Minister of Finance, had stated that the Government revenue at present is far below the monthly expenditure for the month of January 2023.The President's Media Division, and Cabinet Spokesperson Minister Bandula Gunawardena confirmed that the President had instructed on further curtailing government expenses.The President had noted that the Treasury finds it challenging to meet all expenditures at this moment, except for payments for salaries, pensions, welfare, pharmaceuticals and debt servicing.Therefore, President Wickremesinghe had pointed out that the Government expenditure will have to be curtailed further / postponed until planned revenue to be raised on the recent tax revisions is realized, reported the President's Media Division.He had noted that the Treasury will formulate a priority criterion for this purpose.Furthermore, the President had pointed out that public officers should refrain from obtaining goods/services on credit basis, and any officer who violates this will be held personally responsible for such expenditure, said the PMD."The President informed the Cabinet of Ministers that the revenue for January collected from the Inland Revenue Department, Sri Lanka Customs and the Excise Department was Rs. 158.7 Billion.
Release Wasantha! 12,000 affidavits handed over to Attorney General - newsfirst.lk
newsfirst.lk
87%
215
Release Wasantha! 12,000 affidavits handed over to Attorney General
COLOMBO (News 1st) – 12,000 affidavits signed seeking the release of Wasantha Mudalige, the convener of the Inter-University Student's Federation who remains in remand custody under the Prevention of Terrorism Act, were handed over to the Attorney General on Monday (30).Student activists from the Inter-University Student's Federation along with activists from Mass Organizations visited the Attorney General's Department on Monday (30) morning to hand over 12,000 affidavits that were signed seeking the release of Wasantha MudaligeThese 12,000 affidavits claim that the signees were also engaged in the public protests that took place since March 2022 to bring about change by ending a corrupt and inefficient governance that burdened the people with a failed economy.The signees also claim they were involved in the protests that took place on the 9th of July 2022.They also note that the Inter-University Student's Federation was just one organization among many that took part in those protests, and that Wasantha Mudalige is just one student leader who took part in the demonstrations.These 12,000 affidavits claim that they too should be treated in the same manner as Wasantha Mudalige.The group attempted to hand over these affidavits from the back entrance to the Attorney General's Department, however, those attempts were futile.Thereafter, two representatives were allowed to enter the Attorney General's Department and the affidavits were taken inside the using a Police Jeep."If Wasantha Mudalige is a terrorist for his involvement in the Aragalaya, then the millions who joined the protests are also terrorists.
DMCA