Connect with us

Latest News

On the occasion of the IMF-WB Spring Meetings Nirmala Sitharaman meets her Sri Lankan counterpart

Published

on

On the margins of the International Monetary Fund-World Bank (IMF-WB) Spring Meetings in Washington, DC, Finance Minister Nirmala Sitharaman met with her Sri Lankan colleague Ali Sabry to discuss the country’s economic crisis. The Ministry of Finance stated that both parties addressed topics related to the island nation’s present economic crisis and that India will continue to be a “close friend and a good neighbour.”

“Union Finance Minister Nirmala Sitharaman visited Mr Ali Sabry on the margins of the IMF-WB Spring Meetings, in Washington D.C., today, and reviewed the present economic situation and its strategy towards tackling the prevailing problems in Sri Lanka,” the Ministry of Finance wrote on Twitter.

“India would endeavour to give all feasible cooperation and support to Sri Lanka as a close friend and friendly neighbour,” they added.

“Foreign Minister Nirmala Sitharaman attends the IMF-World Bank Ministry of Finance Spring Meetings,” according to a press release “Beginning April 18, 2022, Nirmala Sitharaman will go to the United States on an official visit. During her visit, Smt. Sitharaman will attend the International Monetary Fund (IMF) and World Bank Spring Meetings, as well as the G20 Finance Ministers and Central Bank Governor Meeting (FMCBG).”

“The Finance Minister will hold bilateral discussions with several nations, including Indonesia, South Korea, Sri Lanka, and South Africa,” the statement continued.

Sri Lanka dispatches a team to the United States to seek rescue from the International Monetary Fund (IMF) in the amount of USD 4 billion.

Amid Sri Lanka’s unparalleled economic crisis, Colombo has dispatched a delegation to the United States in the hopes of obtaining a USD 4 billion rescue package from the International Monetary Fund (IMF). The team is travelling to the United States to meet with the IMF to save the country’s wrecked economy, which is also suffering from a major foreign exchange reserve problem.

Between April 19 and 24, a Sri Lankan team led by newly appointed finance minister Ali Sabry will meet with the IMF. After the administration announced on Tuesday that it had suspended repayments of foreign debt, including bonds and government-to-government borrowing, pending the completion of the loan restructuring programme with the IMF, the global lender’s facility will assist the island nation in renewing bonds and borrowings.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Two Children Drown in Vashi Pond While Collecting Immersion Coins

Published

on

The boys, aged 10 and 12, reportedly entered the water to collect coins thrown during post-Navratri immersion rituals, raising concerns over safety measures.

The Case

Two children drowned in a pond at Kopri village in Vashi while reportedly trying to collect coins thrown into the water during immersion rituals following Navratri celebrations.

The victims were identified as Golu Mansuri, 10, and Ganesh Gupta, 12. According to preliminary information, the boys entered the pond with their friends to retrieve coins offered during the immersion of Goddess Durga idols and ceremonial pots.

The children reportedly misjudged the depth of the water and drowned. After receiving information about the incident, police and fire brigade personnel reached the spot and launched a rescue operation. The boys were recovered from the pond and taken to a civic hospital in Vashi.

The tragic incident has raised concerns about safety arrangements at the pond, particularly during festival-related immersion activities when people gather in the area.

Local residents have reportedly expressed concern over children entering the water despite the risks. They have also called for security guards to be deployed at the site to prevent people, especially minors, from entering the pond unsupervised.

Residents have urged the authorities to strengthen safety measures and ensure better supervision around the water body to prevent similar tragedies.

The incident highlights the dangers of entering ponds to retrieve coins or other objects without knowing the water’s depth. Authorities are being urged to take preventive steps to protect children and other visitors, especially during festivals and immersion ceremonies.

Continue Reading

Latest News

NMMC Launches 59 Urban Health Centres Across Navi Mumbai

Published

on

New facilities to offer free primary healthcare, vaccinations, medical tests and screening for diabetes and hypertension.

The Centres

The Navi Mumbai Municipal Corporation (NMMC) has launched 59 Urban Ayushman Arogya Mandirs to improve access to primary healthcare and provide essential medical services closer to residents’ homes.

The centres were virtually inaugurated by Maharashtra Forest Minister Ganesh Naik on the occasion of Dussehra during a programme held at NMMC’s CBSE School No. 94 in Kopar Khairane. Established under the National Urban Health Mission and the 15th Finance Commission, the centres aim to strengthen healthcare services, particularly for people who may find it difficult to access larger hospitals for routine medical needs.

The facilities will provide free treatment for minor illnesses, including common ailments such as fever and cough. Services will also include maternal and child healthcare, antenatal check-ups, vaccinations and postnatal care. Residents will be able to undergo blood tests and screening for non-communicable diseases such as diabetes and hypertension. These services are expected to help identify health conditions at an early stage and encourage timely treatment. The centres will be staffed by healthcare professionals, including medical officers, nurses and multipurpose health workers. Free medicines will also be provided as required.

During the inauguration, Naik expressed confidence that the new facilities would make reliable healthcare more accessible to residents near their homes. The initiative is part of NMMC’s efforts to strengthen primary healthcare and reduce the need for residents to visit major civic hospitals for basic medical services.

Continue Reading

Latest News

Maharashtra Government Lifts Stay on Five Navi Mumbai Cluster Redevelopment Projects

Published

on

Decision sparks political tensions between Eknath Shinde and Ganesh Naik over redevelopment and civic infrastructure concerns.

The Projects

The Maharashtra government’s Urban Development Department, headed by Deputy Chief Minister Eknath Shinde, has lifted the stay on five cluster redevelopment projects in Vashi and Ghansoli, intensifying political differences with Forest Minister Ganesh Naik.

The Navi Mumbai Municipal Corporation (NMMC) had earlier decided to halt approvals for cluster redevelopment projects until a detailed study was conducted on their impact on the city’s infrastructure. Concerns were raised about the additional pressure redevelopment could place on roads and other civic facilities.

However, the state government has now cleared the way for five projects to move forward. According to reports, three projects had already received approval from a high-level committee headed by NMMC Commissioner Dr Kailas Shinde, while the remaining proposals were being processed.

The projects cover more than 1.25 lakh square metres across Vashi and Ghansoli. Ganesh Naik criticised the decision and indicated that he would approach the court. He maintained that concerns regarding infrastructure and the city’s future development needed to be addressed before redevelopment approvals were granted.

Meanwhile, Shiv Sena district chief Kishor Patkar criticised Naik and his supporters for allegedly delaying the projects. He also raised concerns about the safety of residents living in old and dilapidated buildings.

The decision has brought the differences between Shinde and Naik into focus, despite their parties being political allies in Maharashtra. The dispute centres on balancing the redevelopment of ageing buildings with the need to protect Navi Mumbai’s infrastructure and residents’ safety.

Continue Reading

Trending