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Govt. trying to influence Romania-based Lankans to send remittances through formal channels
Sri Lanka is making an effort to encourage Sri Lankans working in Romania to use formal channels to remit money home.
The Sri Lankan mission in Bucharest recently fostered dialogue on streamlining the inflow of expatriate remittance from Romania through formal channels. The discussions held at the Embassy were centered on the vital role of expatriate remittances in the Sri Lankan economy.
Accordingly, Ambassador Madurika Joseph Weninger, alongside senior representatives from the People’s Bank, including Deputy General Manager Aruni Liyanagunawardena (Overseas Customer Services), and Sampath Bank’s Deputy General Manager Rajendra Ranasinghe (Inward Remittance and Transactions Banking), engaged with the Sri Lankan expatriate community at the Embassy’s consular section on two separate occasions. During the meetings, Sri Lankan expatriates voiced concerns about the challenges they face in sending money and accessing banking services. Such concerns were addressed by the representatives from the Sri Lankan banks.
The Embassy stated: “The Sri Lankan economy continues to benefit significantly from expatriate remittances, particularly from the growing communities of Sri Lankan workers in other countries, including Romania. Over the past two decades, remittances have consistently accounted for approximately 80% of Sri Lanka’s annual trade deficit, providing essential support during economically challenging times and enhancing the country’s external sector resilience.
Currently, an app titled Wise (formerly TransferWise) is known to be the most popular method of money transfer among Sri Lankan Expatriate workers in Romania. The app has made it convenient and cost-effective to send money back home.
However, as the number of Sri Lankans moving to Romania for employment continues to rise, there is an increasing demand for reliable and efficient remittance services to Sri Lanka. Furthermore, Sri Lankan banks indeed are encouraging the use of formal channels to transfer remittances. This not only ensures secure and efficient transactions, but also helps in reducing commission fees. Moreover, it benefits the banks by increasing their foreign currency reserves, and enhancing forex liquidity within the banking system. Maintaining formal channels is essential for tracking and managing the inflow of remittances, which is a vital factor affecting the country’s economic stability.
The representatives from Sri Lankan banks pointed out that there is an increasing reliance on trustworthy remittance services with regard to the remittance inflows from Romania, They stated that, in a bid to improve service offerings for the Sri Lankan diaspora, banks are keen to establish partnerships with reputable financial institutions in Romania.
The Embassy has also facilitated meetings between the visiting bank representatives and key financial entities and remittance service providers to strengthen business relationships between the two countries and expand remittance channels to Sri Lanka.
These collaborations are expected to identify and secure efficient remittance solutions, ensuring that the over 40,000 Sri Lankan expatriate workers in Romania can consistently support their families while positively contributing to Sri Lanka’s economy. Ongoing discussions with Romanian financial institutions will further explore methods to promote remittances through established banking channels.”
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Development activities in schools within plantation areas should be carried out in coordination with District Coordinating Committees – PM
Prime Minister Dr. Harini Amarasuriya stated that development activities in schools within plantation areas should be carried out in coordination with District Coordinating Committees, and that further recruitments to the teaching service will be undertaken in the future according to existing vacancies.
The Prime Minister made these remarks at a meeting held on Thursday [19 February] at the Parliament of Sri Lanka, attended by officials of the Ministry of Education, Higher Education and Vocational Education and the Ministry of Plantation and Community Infrastructure, convened to identify solutions to issues affecting schools within plantation areas.
During the meeting, special attention was drawn to identifying schools in plantation areas; improving infrastructure, sanitary facilities and security within those schools; confirming lands of school premises; filling existing vacancies of teachers, principals and sports instructors; and providing transportation facilities of schools within the plantation areas.
Officials also drew the Prime Minister’s attention to challenges faced by students in Grade 13 in studying science and mathematics streams in estate schools, as well as issues related to language. The need for Tamil-medium support in teacher-training programmes was also emphasized during the meeting.
The Prime Minister stressed that resolving issues related to lands belonging to the schools in plantation areas require collection of data at district-level, and that the suitability of each school site should be considered when relocating or regularizing schools, taking into account the impacts caused by Cyclone Ditwah. She instructed officials to formulate an efficient mechanism to collect the necessary data.
She further noted that schools within plantation areas are government schools and that due consideration should be given to how these schools are identified and referred to in the future.
The Prime Minister instructed officials to keep District Coordinating Committees informed and to collaborate with them in carrying out development activities related to estate schools, emphasizing that this would enable closer monitoring of school development initiatives.
She also expressed confidence that the planned recruitment of 23,000 teachers would help address the existing teacher shortages to a considerable extent, and stated that further annual recruitment would be undertaken in the future to fill remaining vacancies.
The meeting was attended by the Minister of Fisheries, Aquatic and Ocean Resources, Ramalingam Chandrasekar; Deputy Minister of Education and Higher Education, Dr. Madhura Senevirathne; Deputy Minister of Plantation and Community Infrastructure, Sundaralingam Pradeep; Members of Parliament; and officials of the relevant ministries.
[Prime Minister’s Media Division]
News
CEB trade unions hint at stringent industrial action after talks fail
Trade unions of the Ceylon Electricity Board (CEB), backed by the powerful Ceylon Electricity Board Engineers’ Union, have warned of accelerated trade union action following the collapse of crucial discussions held on Monday (16) with the CEB Chairman, who also serves as Secretary to the Ministry of Power and Energy.
The issue is expected to take centre stage at today’s press conference, with unions signalling that a token strike, possibly a 12-hour countrywide action, could be staged next week unless authorities urgently intervene.
The meeting earlier this week ended without what union representatives described as any “positive or constructive outcome.”
Trade union leaders expressed disappointment that their key concerns had not been substantively addressed during discussions with the Chairman.
At the heart of the dispute is the unions’ demand for a collective agreement in accordance with Section 18(j) of the Sri Lanka Electricity Act No. 36 of 2024. Trade union representatives maintain that the law provides for structured engagement between management and employees and that a formal collective agreement is necessary to ensure transparency and industrial stability within the institution.
The unions also submitted what they termed a reasonable proposal to safeguard the CEB Employees’ Provident Fund (EPF), voicing concerns over the long-term security of workers’ retirement benefits.
However, according to trade union sources, those proposals were not adequately taken up during the discussions.
A senior electrical engineer told The Island that further internal consultations were being held to decide the next course of action. “There is growing frustration among employees. The issues raised are fundamental and relate directly to statutory compliance and the financial security of staff,” he said.
The Island learns that unless there is meaningful engagement from the authorities, the proposed token strike could mark the beginning of more stringent industrial action.
Energy sector observers warn that any escalation of trade union unrest at the CEB could have serious implications for the country’s power sector stability at a critical time.Further developments are expected following today’s media briefing.
By Ifham Nizam
News
PM reveals allowances and perks available to MPs
Prime Minister Dr. Harini Amarasuriya yesterday (19) revealed allowances and benefits provided to Members of Parliament at present.She did so while responding to a question raised by Samagi Jana Balawegaya MP Chaminda Wijesiri.
According to the disclosure:
An MP receives a monthly allowance of Rs. 54,285, with an entertainment allowance of Rs. 1,000 per month.
Driver allowance is Rs. 3,500 per month; however, if the MP is provided with a driver by the Ministry of Public Security and Parliamentary Affairs, no driver allowance is paid.
Telephone allowance is Rs. 50,000, while transport allowance is Rs. 15,000 per month.
Office allowance amounts to Rs. 100,000.
MPs attending parliamentary sessions receive Rs. 2,500 per day, while Rs. 2,500 per day are given for MPs attending committee meetings on non-sitting days.
Meanwhile, Members of Parliament also receive a fuel allowance based on the distance from their elected district to Parliament.
For national list MPs, this is calculated as 419.76 liters of diesel per month, paid at the approved market rate on the first day of each month.Dr. Amarasuriya also emphasised that these allowances are structured to cover official duties and transportation costs.
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