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IMF agreement: The ayes had it– 120 for and 25 against

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The Resolution for the implementation of the arrangement under the Extended Fund Facility (EFF) of the IMF for Sri Lanka was passed in Parliament by a majority of 95 Votes with 120 voting in favour and 25 voting against.

Except for AHM Fowzie all other SJB members were not present in the chamber at the time of voting. TNA MPs too were absent. The JVP, SLPP-splinter Nidahasa Janatha Sadhanaya and Utthara Lanka Sabhagaya voted against the resolution. Ven Aturaliye Ratana thero and Tamil Congress Leader GG Ponnamblam also voted against the resolution.

Observers noted thar 120 ayes recieved by the government were well short of 134 votes received by Ranil Wickremesinghe when Parliament voted him into the presidency on July 20, last year.

The debate on the agreement reached with the IMF began after President Ranil Wickremesinghe made a special statement in Parliament on Wednesday. The debate was held for three days.

The main opposition SJB abstained from participating in the debate from the second half of the final day accusing the government of failing to table the IMF/EFF agreement in the House.

After leaving the Chamber, the SJB issued the following news release under the signature of Chief Opposition Whip and Kandy District MP Lakshman Kiriella: “The Government is seeking Parliamentary approval, post facto, for the agreement it has entered into with IMF based on Cabinet approval. This is not the first time Sri Lanka is obtaining bailout packages from IMF. Even the last such program (16th bailout package) was abruptly ended by the present government when it came in to office in 2019.

“The IMF staff level agreement on an Extended Fund Facility (EFF) with Sri Lanka is aimed at restoring macroeconomic stability and debt sustainability while safeguarding financial sector stability, protecting the vulnerability and stepping up structural reforms to address corruption vulnerabilities and unlock Sri Lanka’s growth potential.

“It is incumbent upon the current government to walk the talk on these promises. However, given its previous actions it is doubtful whether going forward, the government will fulfill its promises to the IMF.

The SIB has grave reservations in supporting Parliament approval for this agreement for the following reasons:

Lack of transparency

“It took the government 200 days to table the arrangement with the IMF in Parliament after reaching an understanding with IMF officials. During this period, the government did not engage Parliament or the Public Finance Committee to discuss the agreement.

Fiscal consolidation

“The focus of fiscal consolidation is increasing revenue, while there is no reference to cutting expenditure, which is equally important.

Inequitable Tax burdens on the working classes

“In order to raise revenue, the government has agreed with the IMF to take the easy way out by increasing taxes on the working classes most of whom are already in the tax net. Tax slabs have been narrowed and rates increased sharply. These segments of the population are already weighed down by the burden of high inflation, escalation in energy costs etc.

“There is no commitment to widen the tax net and ensure enforced collection on the higher income groups which have for years evaded taxes. Taxation of the rich via wealth and inheritance taxes are to be introduced only in 2025.

Social Security Nets

“The poor and vulnerable require continued support through financial transfers. The government proposes to continue use of the current politicized process to target relief payments instead of developing a scientific and foolproof system that ensures leakages are minimized and the deserving beneficiaries are identified.

Financial Services Sector Stability

“The absence of safeguards to ensure the stability of the financial services sector through the Sovereign Debt Restructuring process. A Domestic Debt Restructuring (DDR) will have disastrous consequences for the domestic banking sector by destabilizing it both from a liquidity and capital adequacy perspective. A DDR will also seriously erode the value of employee superannuation funds (EPF/ETF).

“We are opposed to actions that will weaken the banking and financial services sector as a whole, already burdened by high nonperforming loans due to four years of challenges due to the Constitutional Coup, Easter Attacks, the pandemic and disruptions caused in 2022.

Inadequate assurances and Anti-corruption measures

“There has been no assurances provided by the President nor members of the Cabinet that the stubborn problems related to corruption vulnerabilities will be addressed and prioritized.

“In view of the shortcomings in the agreement mentioned above, SJB considers it a futile effort to support this government on this agreement which is already in operation and binding on the government of Sri Lanka.

“The sole responsibility for meeting the commitments under the agreement with the IMF lies with the government, whether the Parliament approves it or not. Therefore we, the SJB are refraining from voting in favour of this agreement as in our view it has not been well negotiated to safeguard the people of the nation at large and in particular vulnerable communities.”



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Discussion on Anuradhapura Sacred City Development Plan

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A discussion on the Anuradhapura Sacred City Development Plan was held on Wednesday (30) afternoon  at the Presidential Secretariat, under the leadership of Chief of Presidential Staff Prabath Chandrakeerthi and Acting Deputy High Commissioner/First Secretary of the High Commission of India Roshini Thomson.

During Indian Prime Minister Narendra Modi’s official visit to Sri Lanka, he had expressed his agreement to provide assistance for a Sacred City development project when he visited the Jaya Sri Maha Bodhi in Anuradhapura.

Accordingly, the Urban Development Authority and the Department of National Physical Planning have proposed jointly implementing development activities in the Anuradhapura Sacred City.

The draft proposal prepared jointly by the Urban Development Authority and the Department of National Physical Planning has already been submitted to the High Commission of India, and the discussion focused on the proposal.

President Anura Kumara Dissanayake also recently held discussions with the Maha Sangha and all relevant stakeholders regarding the Anuradhapura Sacred City Development Plan, and instructed officials to expedite the project.

The initial cost of implementing the Anuradhapura Sacred City Development Plan is currently estimated at Rs. 7.7 billion. The Government of India is expected to provide the financial contribution required for the project, which is expected to commence before the end of this year.

Under the project, a range of development programmes are to be launched while preserving the antiquity and religious character of the Anuradhapura Sacred City. These will include renovating access roads, ensuring the proper disposal of waste, improving sanitation facilities and restoring all dilapidated sites.

Second Secretary (DC) at the High Commission of India Ramya C. S., Director General of the Department of National Physical Planning W.T.H. Ruchira Withana, Director General of the Urban Development Authority D.M.D.S. Dissanayake and Director of the Department of External Resources Chandrika Senanayake, along with senior officials of the High Commission of India and officials from relevant institutions, were among those present at the occasion.

[President’s Media Division (PMD)]

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India enter Asian Games final after Kishan and Bumrah ride roughshod over Sri Lanka

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Ishan Kishan brought up a quick half-century [Cricinfo]

Defending champions India registered their biggest T20I win against Sri Lanka to make the final of the 2026 Asian Games men’s competition in Nisshin on Thursday.

A day after the ODI side chased down 406 against West Indies like it was child’s play on a flat Guwahati pitch, the T20I side scraped their way to 169, well above-par on a treacherous track filled with cracks. Sri Lanka were no match after that.

The result sets up the first India vs Pakistan final of 2026, and there will be a gold medal at stake.

Sri Lanka were a touch unlucky as Ishan Kishan miscued many aerial shots but they all fell in no-man’s land. But Nuwanidu Fernando did drop Kishan on 56, and that didn’t help as he went on to make 80* in just 46 balls. There were a couple of balls that misbehaved wildly, and it was a sign of things to come.

The chase felt like an act of cruelty against batters. Jasprit Bumrah bowled Test lengths and added new degrees of unplayability to the existing ones. Axar Patel bowled 14 dots and got a two-for and India finished the game with a team hat-trick. On top of all that, Sri Lanka suffered three run outs, two of which were of top-four batters.

In the end, they were rolled over for 45, the second lowest total in men’s games at the Asian Games and the joint-lowest total for a Full-Member team in men’s T20Is, alongside West Indies’ 45 against England in 2019.

India picked four spinners in their XI and Sri Lanka three in what was their first bit of action at the competition after their quarter-final fixtures were rained out. It proved to be the right strategy as spinners bowled 83% of all the balls bowled (149 out 179) across the 29.5 overs of play. They took 12 wickets, bowled 73 dots and went at an economy of 6.56. The quick bowlers conceded 44 runs in 30 balls. Bumrah’s share in that: 2 for 7 in two overs.

The bowlers’ domination started early in the game as the weather held for the second game running on the day.

Both Abhishek Sharma and Sanju Samson fell to fingerspin while trying to open up the off side. Samson made room and looked to go inside out over cover and was beaten by extravagant spin, but went for it again and Tharindu Ratnayake fired the ball in to smash his stumps. Sahan Arachchige, who had Abhishek lob one to short third, then checked every form of deviation to knock over Shreyas Iyer – the ball angled in, dipped, drew the batter forward and turned away to hit the stumps.

In the chase, Sineth Jayawardena looked to take Bumrah on early and looked hapless as the ball seamed in to beat the across-the-line swing and hit him on the back leg in front of all three. Sohan de Livera fell victim to Bumrah’s exaggerated angle from over the wicket and nicked to the keeper. For the first time in a men’s T20I, India has taken two wickets before conceding a run.

The fifth ball of Bumrah’s second over trampolined off a length, seemed to pick up pace off the pitch, and needed Samson to leap right up to catch it. Nuwanidu, the batter, was lucky that the line of the ball was not straighter.

Despite the Bumrah threat, India did not turn to pace for the remainder of the innings. That was likely because Lasith Croospulle was run out by sharp work from Ravi Bishnoi at short third in the over before, and Arachchige and Ashen Bandara committing the cardinal sin of sweeping Axar and giving away their wickets.

Washington Sundar’s introduction with Sri Lanka on 18 for 5 did not faze Nuwanidu. The first ball spun big but went down leg. Next three balls had two sixes, the second an effortless twirl of the bat to send the ball over long-on. Then Nuwanidu went for a non-existent single to short third and Sri Lanka ran their way out to a point of no return.

In conditions where batting was far from easy, Kishan and Vaibhav Sooryavanshi found ways to maximise the strengths of their respective games.

Sooryavanshi opened up the off side repeatedly by either making room or standing still and slapping balls, even when they were angling in. He brought up India’s 50 with 4, 6, 4 off Tharindu Ratnayake but fell to Arachchige, in similar fashion to Abhishek, soon after. He made 38 off 21. Only behind Kishan’s 80 not out. The next highest individual score was Nuwanidu’s 15.

Kishan then walked out and hit two sixes in his first 12 balls. He waited for the bad ball and wasn’t going to miss out if he got one… or two. However, he had to take chances as Shreyas Iyer fell and Axar – promoted above Tilak Varma – got stuck. Kishan’s reverse sweep off Arachchige from a leg-stump line during this slowdown showed he could pull off risks on demand.

Both Axar and Tilak fell cheaply but took India past 100 with handy stands with Kishan, who forced errors out of bowlers and brought up a 33-ball fifty in the 17th. He could have been out twice in the next two balls but survived a ball that turned in a right angle and Nuwanidu’s drop at mid-off.

India hit four sixes and four fours in the last eight overs. Kishan hit all of them bar the last six, hit by Washington. That took them to 169 for 7, a par score in general, maybe twice the par on the day.

Scores:
India 169 for 7  in 20 overs (Vaibhav Sooryavanshi 38, Shreyas Iyer 13,  Ishan Kishan 80*;  Tharindu Ratnayake 2-32, Sahan Arachchige 2-28, Wanuja Sahan 1-17, Lasith Croospullle 1-25, Nuwanidu Fernando 1-20) beat Sri Lanka 45 in 905 overs  (Nuwanidu Fernando 15; Jasprit Bumrah 2-07, Axar Patel 2-08, Washington Sundar 1-18,   Abhishek Sharma  2-2,  ) by 124 runs

[Cricinfo]

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I extend my heartfelt wishes to all the sons and daughters of our country for a Happy World Children’s Day – President

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Children’s Day Message from President Anura Kumara Dissanayake:

“Children are the most valuable asset of a nation. Ensuring their physical and mental well-being and creating an environment conducive to their proper development is a primary responsibility of any government. Children’s imagination, aspirations and creativity will determine the shape and colour of the country tomorrow. The country we build for children must not merely be a country prepared to be handed over to them in the future; it must be a country that gives space to their dreams today, listens to their voices and provides opportunities for them to realise their potential.

For the best interests of children, we are taking the necessary steps to ensure equal access to education, guidance, social protection, opportunities for sport, leisure and recreation, proper nutrition and access to healthcare, while protecting children from all forms of violence and discrimination and safeguarding their rights.

Race, religion, economic status, geographical background or any other circumstance should not be a barrier to any child’s education or proper development. Every child should have equal and fair opportunities to realise their potential, pursue their dreams and create the future they wish for themselves. To this end, we have already begun the process of reforming the education system in Sri Lanka, transforming it towards a skills-based system suited to the new world, one that does not place a burden on parents or cause distress to children.

Our aim is to ensure that no child is left behind in the new Sri Lanka we are building, and to provide every child with opportunities for development in a safe environment. It should be emphasised that the fundamental objective of all the programmes being implemented, from expanding educational scholarships to securing the future of children growing up in child development centres and those in need of care, is to create a dignified and secure tomorrow for every child in the country.

It is the aspiration of every parent to give their children a better life than the one they themselves experienced. We are currently steering the country’s economy towards a correct and stable direction in order to provide children with a safe and happy childhood, free from the shadows of an unstable economy. At the same time, we have launched the national operation “A Nation United” (Ratama Ekata), bringing everyone together to free the younger generation from the menace of illicit drugs.

At a time when we are working towards the goal of building a safe and better country for children, I greatly appreciate the initiative of the Ministry of Women and Child Affairs in organising this year’s World Children’s Day celebrations under the theme “Strong Minds – Enriched Children”, declaring a National Children’s Day Week and conducting a range of meaningful programmes aimed at strengthening children’s rights, well-being, protection, education and freedom.

I extend my heartfelt wishes to all the sons and daughters of our country for a Happy World Children’s Day”.

 

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