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Today’s News Digest – June 17

Today’s News Digest: Your go-to summary of the key events and headlines that shaped the day. From major developments to breaking news, we bring you everything that happened today, all in one quick and easy read.

Sri Lanka relocates Embassy from Tehran amid rising security threats

Sri Lanka has temporarily relocated its embassy and staff from Tehran, due to recent nearby attacks, Foreign Minister Vijitha Herath told Parliament. Eight students housed at the embassy have also been moved to northern Iran. Of the approximately 35 Sri Lankans remaining in Iran, those in Tehran face heightened danger, the Minister said.

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Opposition walks out of Parliament over reduced speech time

Led by Opposition Leader Sajith Premadasa, opposition MPs staged a walkout in Parliament today protesting limited speaking time. They argue that the Speaker is favouring the ruling party, citing blocked requests to discuss the Iran–Israel conflict. Tensions remain unresolved, with government assurances that concerns will be addressed after adjournment.

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Draft Bills to limit perks for former Presidents and MP pensions

The Cabinet approved instructions for the Legal Draftsman to prepare two draft bills aimed at curbing benefits under the Presidents’ Entitlements Act and Parliamentary Pensions Law. Public consultations under the “Pohosath Ratak – Lassana Jeewithayak” policy revealed strong support for ending special perks and retiring MPs’ pensions, the government said. 

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Special fixed deposit scheme for elderly citizens

The Cabinet endorsed a special fixed deposit scheme for citizens aged 60 and above, valid from July 1 to December 31, 2025. The 12-month scheme allows up to Rs. 1 million per person, offering interest rates 3% above the average weighted fixed deposit rate. A provision of Rs. 30 billion has been set aside to subsidize interest costs.

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Sri Lanka, France ink deal on debt restructuring

Sri Lanka and France finalized a bilateral accord to restructure €390 million of debt until 2042, marking a milestone in Sri Lanka’s external debt restructuring. France, a key co-chair of the Official Creditor Committee alongside Japan and India, reiterated its support for Sri Lanka’s economic rebuilding under IMF-backed reforms.

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The post Today’s News Digest – June 17 appeared first on Newswire.

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