The resolution on Sri Lanka which was adopted by the UN Human Rights Council will take immediate effect with the Office of the High Commissioner for Human Rights (OHCHR) beginning the process to closely monitor Sri Lanka, UN sources told Daily Mirror last night.
By Nishel Fernando Colombo, Dec 30 (Daily Mirror) - Central Bank Governor Dr. Nandalal Weerasinghe said yesterday any government could renegotiate the programme with the International Monetary Fund (IMF) but it would be required to follow the path chosen currently to get international support. Addressing a press conference, he said if the chosen path is broken, no support will be forthcoming internationally. The IMF programme began on September 1, last year. After disbursing the first tranche, it’s again negotiated what our commitments are before disbursing the next tranche. So, it will be a continuous process of renegotiation to change policies in a timely manner, whatever the government is in power for the next four years. There are no restrictions for that. But, the key element is we need to move forward with the programme in order to obtain international support,” he said. He said the foreign governments and other commercial entities are extending the debt relief only on th...
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