The International Monetary Fund (IMF) headquarters building in Washington.
The International Monetary Fund (IMF) said on Tuesday that it is monitoring political and economic developments in Sri Lanka "very closely" as public unrest in the island nation grows amid its worst economic crisis in decades.
Sri Lanka's parliament will meet on Tuesday after President Gotabaya Rajapaksa dissolved his cabinet and sought to form a unity government to find a way out of the island nation's worst economic crisis in decades and quell public anger.
Rajapaksa on Monday dissolved the cabinet and appointed a new finance minister, while also seeking a new central bank governor.
Sri Lanka President Gotabaya Rajapaksa speaks during an event. File photo
"IMF staff is looking forward to program discussions with the authorities, including during the visit of the newly appointed Finance Minister to Washington later this month," IMF Sri Lanka mission chief Masahiro Nozaki told Reuters in an emailed statement.
The country of 22 million people has been suffering from a shortages of food, fuel and prolonged power cuts lasting up to 13 hours, triggered by a lack of foreign exchange that has stalled imports.
Opposition parties and even members of Rajapaksa's ruling alliance rejected the move for a unity government, setting the stage for a test of strength in parliament.
"You could see the composition of parliament changing today," said lawyer Luwie Niranjan Ganeshanathan, who specialises in constitutional issues.
The island nation of 22 million people has been hit by prolonged power cuts, with drugs, fuel and other items running short, bringing angry protesters out on the streets and putting President Gotabaya Rajapaksa under mounting pressure.
The island nation has reiterated its commitment to repaying the entire $4 billion owed to investors in the rest of 2022 but in the absence of incoming dollars some analysts believe the country could face its first-ever default.
Facebook, YouTube, Twitter, Instagram and WhatsApp were among the platforms shut down by internet service providers on the orders of defence authorities, the pro-government Ada Derana news channel said.
A video clip of Egyptian couple riding e-scooters to their wedding venue has gone viral on social media. The video showed the couple, each riding a e-scooter, and behind them were the cars celebrating their marriage in Giza Governorate.
Of those hurt in the accident, 138 sustained minor injuries and a further 24 were still in hospital, the health ministry said. The blast blew out the windows of several houses in the surrounding area and damaged their interiors.
The initiative is inspired by the pioneering success of Dubai Police’s Smart Police Stations (SPS), which provide security and community services around the clock, without human intervention.
The meeting addressed cooperation between the UAE and the Comoros and opportunities to advance ties in the economic, trade, investment, and development fields to achieve the aspirations of the two countries and peoples.