By Anwar Iqbal in Dawn, November 28th, 2023WASHINGTON: More than 12,000 Afghan refugees have resettled in the United States and Britain, while thousands more are still waiting in Pakistan for a final approval for relocation, diplomatic sources have told Dawn. The sources reveal that both the US and the UK are actively considering the resettlement of Afghan nationals, providing a glimmer of hope amid the ongoing crisis. The US has so far identified 25,351 Afghan…
Posts tagged as “approval”
report in Dailu Mirror, Nov 6, 2023The approval rating of the Government fell from 21% in June 2023 to 9% in October 2023 according to the latest round of the Gallup style ‘Mood of the Nation’ poll of Verité Research. The survey showed that satisfaction with the state of the nation also dropped by half to 6%, from 12% in June 2023. The economic confidence score also fell from negative (-) 44 in June to…
By SHIHAR ANEEZ in EconomyNext, Nov 5, 2023 at 10:54 pmChina has sought approval from Sri Lankan authorities for another research ship in early next year, but the approval is yet to be granted, two government sources said amid rising objections from the island nation’s neighbour, India, over the region’s security concern. The sources, however, said unlike the earlier approved requests, the latest has come without a local partner and the research area being decided…
report in ECONOMYNEXT, Mar 27, 2023– A swap with the People Bank of China is to be extended for another three years from 2024, according to documents released with the approval of a deal with the International Monetary Fund. “…[T]he PBoC has indicated that it will consider renewing its swap arrangement with the CBSL in 2024 for another three years, if there is no significant situation change,” according to program documents. According to projections in…
By Charumini de Silva in Daily FT, Feb 17, 2023The Government yesterday announced that an uninterrupted power supply will be provided countrywide upon the approval for higher electricity tariff revision by the Public Utilities Commission of Sri Lanka (PUCSL). President Ranil Wickremesinghe yesterday issued a directive to Power and Energy Minister Kanchana Wijesekera and relevant CEB officials to ensure an uninterrupted power supply for electricity users. He was also instructed to provide concessions for low-income…
report in The Island, Feb 11, 2023The International Monetary Fund said its approval of the $2.9 billion loan bailout of the crisis-riddled Sri Lanka will depend on the country securing assurances on debt relief from its bilateral creditors, Bloomberg reported yesterday Bloomberg quoted an IMF spokesperson who said “Sri Lanka continues to engage with official bilateral creditors to obtain financing assurances and also continues to advance domestic reforms. As soon as adequate assurances are obtained…
report in The Morning online, Jan 13, 2023The International Monetary Fund (IMF) board approval for Sri Lanka’s Extended Fund Facility (EFF) is now expected in the second quarter of 2023, Standard Chartered’s Global Research report revealed. Accordingly, the prediction was made owing to delays in securing financial assurances from its bilateral creditors, the report read, adding that this could further delay negotiations with commercial creditors, which are also expected to be pushed back to the…
by Charindra Chandrasena in The Morning, Jan 9, 2023The International Monetary Fund (IMF) has not made an immediate reduction in the defence expenditure of the Government of Sri Lanka (GoSL) a precondition for the provision of the eagerly awaited Board-level approval for the $ 2.9 billion Extended Fund Facility (EFF), according to President Ranil Wickremesinghe. “The IMF is looking for the reduction of military expenditure, but only in stages. The bulk of the military expenditure…