IMF approves USD 206 million emergency funding for cyclone-hit Sri Lanka's recovery
Colombo (PTI): The IMF has approved an emergency funding of USD 206 million under its rapid finance instrument to help Sri Lanka “address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability”.
The cyclone caused widespread destruction in the island nation and left over 643 people dead.
In a statement issued on Friday, the Washington-based International Monetary Fund (IMF) said the disaster has created urgent humanitarian and reconstruction needs, generating significant fiscal pressures and balance-of-payments needs.
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The emergency financial support provided by the IMF under the rapid finance instrument will help address these pressures, it said.
The IMF added that the cyclone devastation hit when the Fifth Review of Sri Lanka’s USD 2.9 billion bailout was nearing completion.
“Given the time needed to assess the economic impact of the cyclone and examine how an IMF-supported programme can best support Sri Lanka’s recovery and reconstruction efforts while preserving objectives and policy priorities, the Fifth Review has been deferred," it said.
"An IMF mission team will visit Sri Lanka in early 2026 to resume discussions,” it added.
The 48-month extended fund facility deal with the IMF in March 2023 carried hard reforms to Sri Lanka's welfare-based governance.
It was signed after Sri Lanka plunged into an unprecedented economic meltdown with its first-ever sovereign default.
Several hours before the IMF decision, the parliament here approved without a vote a supplementary estimate of LKR 500 billion, which the government said was required to restore the livelihoods of those affected by the disaster.
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Gurugram Police arrest BJP Yuva Morcha member for spreading fake murder story on social media
New Delhi: Gurugram Police have arrested BJP Yuva Morcha member Hariom Mishra, for allegedly spreading a fabricated and communally sensitive story on social media about the murder of a college student in Gurugram.
Mishra who is also known as Shaurya Mishra had shared a collage of four photographs on his X handle earlier this month. He claimed that a 24-year-old college student, identified as Nikita Agarwal, had been murdered by her classmate Arif Khan in Gurugram. In the post, he alleged that the woman was blackmailed, forced into prostitution, gangraped, and eventually killed. He also claimed that Arif dumped her body in a forest. The claims were presented as being based on police sources.
The post went viral and garnering over 1.5 lakh views, and was amplified by several right-wing social media handles across X, Facebook and Instagram. A verification of the claims revealed that no such incident had taken place in Gurugram. A search of credible news reports showed no record of any such murder. The police said this news would have inevitably attracted media attention if it were true.
On December 11, Gurugram Police publicly refuted the claims through their official X handle. They stated that the information which was being circulated was completely false. The police warned that legal action would be taken against those spreading misinformation. Despite the warning, Mishra neither deleted the post nor issued any clarification.
Police in Gurugram confirmed Mishra's arrest on December 16. The police said a FIR was filed after he continued to spread false information about the alleged murder of a Hindu woman by Muslim man. Police said Mishra, a resident of Uttar Pradesh's Kaushambi district, is now being investigated.
Gurugram Police spokesperson Sandeep Singh told The Print that the accused had deliberately misrepresented facts and used objectionable content to spread hatred along religious lines. “Such posts can create serious disturbances in society, and the police take these matters very seriously,” he said.
A reverse image search conducted by fact-checkers at Alt News, revealed that the photographs used in the viral post were unrelated to the claims, while two of the images were traced to a Pinterest account belonging to influencer Maulik Chopra and another image was sourced from an Instagram post by influencer Shivam Thakur featuring a woman named Deepanshi Rawat. The fourth image was found on an unrelated Instagram page. The images depicted different individuals and had no connection to any crime.
Police said they are also investigating Mishra’s motive behind sharing the false and provocative content.
