Connect with us

Editorial

Hemin, hemin (slowly, slowly)

Published

on

The dawn of the New Year 2025 last week, with a new president and a new government enjoying what is being called a “super majority” in parliament raises the inevitable question of whether the country can be made to take a new direction ensuring the promised better life for all its people.

“System change” has been the buzzword since the aragalaya in 2022 compelled first the resignation of then Prime Minister Mahinda Rajapaksa followed by that of his brother, President Gotabaya Rajapaksa who fled the country and tendered his resignation from Singapore. The unlikely ascension of Ranil Wickremesinghe, who had lost his own parliamentary seat in the 2020 general election having led the United National Party to a zero elected seat debacle, followed two years later.

The country was in a shambles with motorists lining up in miles long fuel queues with those seeking cooking gas for their kitchens faring little better. Everything that could go wrong had gone wrong but GR, thankfully, did not order the military and the police to shoot at the rioters at his gates. Wickremesinghe who had entered parliament after much foot dragging via the single National List place won by the UNP was elected to serve the balance Gotabaya Rajapaksa presidential term by the Sri Lanka Podu Jana Peramuna (SLPP), the Rajapaksa party.

He to his credit he was able to restore a semblance of normalcy thanks to negotiating a demanding IMF program and the generosity of India. But this was achieved at great cost to ordinary people burdened with a near unbearable cost of living necessitated by IMF insistence that the government reaches prescribed revenue targets and achieve debt sustainability.

An all pervading Value Added Tax (VAT) rising from eight percent in 2021 to 12 percent in May 2023 and 15% in September that year before being hiked to 18% last year took its obvious toll together with high personal income taxes that sent the middle class reeling.

Although NPP/JVP leader Anura Kumara Dissanayake had just three seats in the last parliament, he comfortably led the field at the last presidential election where none of the front-runners were able to clear the barrier of 50 percent of the total poll forcing a count of preference votes.

But that made little difference with AKD with 42.31 percent well ahead of Sajith Premadasa (32.16%) with Ranil Wickremesinghe trailing with 17.27%. Namal Rajapaksa was a pathetic also ran. But the general election which followed weeks later saw a surge for the winning side with the NPP/JVP winning 159 seats in the 225-member legislature with 61.56% of the national vote, up from the 3.84% scored at the previous parliamentary election.

Wickremesinghe hoped for a mandate on the strength of his long experience and post-aragalaya success but ran as an independent candidate with the backing of his impotent UNP and fragments of the SLPP he was able to win over as president. But the SLPP he had antagonized wanted to run its own candidate and refused to back him, choosing Namal Rajapaksa, the heir apparent of the Rajapaksa dynasty, who threw his hat into the ring after billionaire businessman Dhammika Perera saw the light as E-Day approached. Namal wisely saw the coming colour and chose not to seek election but gain entry to parliament through the SLPP National List. He clearly funked the voters who have thrown the rest of the Rajapaksas into the dustbin of history.

The present regime, and notably its leader, has at least for the present won over a great many unlikely supporters as the parliamentary election results clearly indicate. Diluting memories of the JVP’s violent past, much of it water under the bridges, when many of those who voted last September and November were not even born, the former revolutionaries who twice attempted to seize power violently, became the NPP/JVP with the latter firmly in the driving seat merging seamlessly with over 20 other diverse groups including political parties, workers unions, women’s rights groups and youth organizations. The vast majority of those elected to the incumbent parliament are newcomers barely known outside their own pocket boroughs. So also many members of the cabinet although the powerful ministries are held by JVPers.

There is no doubt that as is the case of cadre based Marxists parties like the JVP which continues to fly the Hammer and Sickle red flag outside its headquarters, a lot of power – more so perhaps than within the cabinet – lies within the Politbureau (or whatever it is called) of the JVP. Early signals have been that there will be no rocking of the boat in the short term. The Colombo stock market galloped to new highs under the new order – although it began losing some steam on Friday – depite dire predictions of a crash under a JVP government. Relations with the IMF are on an even keel and with the staff level agreement reached in November there is no reason to fear interruption of the forward momentum.

The Governor of the Central Bank and the Secretary to the Ministry of Finance under the old order continue in office. Imaginative appointments such as those of Mr. Duminda Hulangamuwa and Dr. Hans Wijesuriya have suggested that the leftist government means business. Many reputed business leaders have been seen at NPP/JVP events pre-election and other occasions where the president was -present. While JVPers were also there, the clear signal is that the private sector is not being given the cold shoulder.



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Editorial

Soaring mercury and need for caution

Published

on

Tuesday 7th July, 2026

A major El Niño event is developing rapidly, and it is expected to intensify in the coming weeks. Some climatologists are of the view that the unfolding El Niño may not impact Sri Lanka to the extent of triggering a nationwide catastrophe. This is certainly good news, but the possibility of El Niño causing drought, reduced monsoon rainfall and agricultural losses in this country cannot be ruled out.

Meanwhile, France is reeling from a record-breaking European heatwave, which has claimed more than 2,000 lives and left people scrambling for cooling devices in shops. It has been placed under a red heat alert. This situation cannot be directly attributed to the current El Niño, which has only aggravated it. The current heatwave is mainly due to climate change, which has caused hot air to be trapped over Europe, according to experts.

There are media reports of global temperatures rising across all regions, but at different rates of warming. All major land areas across the globe are getting warmer, the worst affected being the Arctic region (covering parts of northern Canada, Greenland, Russia, Alaska, and northern Europe), with faster increases reported from Europe and Asia. There is no need for panic, but prudence demands the formulation of strategies urgently to meet possible outcomes.

El Niño is unpredictable, and anything is possible, the worst-case scenario being prolonged drought and the resultant drop in agricultural production. In Sri Lanka, reservoirs run dry even during short dry spells, causing severe water stress.

Sri Lanka is no stranger to heatwaves, albeit not of the same severity as the ones in Europe at present. However, recent studies indicate increasing frequency and intensity of heatwaves. There have been several such events during the past seven years or so in this country, with the Department of Meteorology and the government issuing warnings of increased risks of heat stroke, heat exhaustion, and dehydration, especially among outdoor workers, children and elders. It may be recalled that according to media reports based on research findings, between 2001 and 2013, about 23% of Sri Lankans were exposed to dangerous heatwave conditions.

Besides, urban centres, such as Colombo, are experiencing the so-called urban heat island effect due to buildings, pavements, etc., retaining heat. Sri Lanka should seriously consider adopting the Miyawaki method, a Japanese technique of creating dense micro-forests or ‘pocket forests’ in small urban spaces to improve biodiversity, capture carbon, reduce urban heat and improve air quality. London has reportedly adopted this method successfully. The question is why the city of Colombo, accredited as an international Wetland City by the Ramsar Convention of Wetlands, and its suburbs have not adopted the Miyawaki method.

As for Sri Lanka, two main El Niño and climate change mitigating factors are said to be its geographical location and its central mountain range, which helps maintain atmospheric moisture, reducing the likelihood of severe droughts experienced in some other countries affected by El Niño. Hence, the need to conserve the country’s forest cover, which is unfortunately shrinking.

For Sri Lanka as well as other countries, deforestation is no longer an environmental issue; it is a serious existential problem as well. Sri Lanka’s forest cover is believed to be about 29-30% of the total land area. The government has set an ambitious target of increasing it up to 32% of the land area. The ongoing reforestation initiatives deserve fullest public cooperation.

Nothing is said to be so certain as the unexpected in climatic events; forecasts about them could go wrong. Therefore, the need for Sri Lanka to remain alert and have contingency plans to mitigate their impact cannot be overstated.

Continue Reading

Editorial

Zimbabwe, here we come?

Published

on

Monday 6th July, 2026

President Anura Kumara Dissanayake’s recent attempt in Parliament to defuse the ongoing controversy over his government’s plan to extend the retirement ages of the judges of the Supreme Court (SC) and the Court of Appeal (CA) has been in vain. He spoke at length, offering excuses for his failure to initiate action to fill judicial vacancies, but they did not sound convincing. They have only prompted the Bar Association of Sri Lanka (BASL) and other lawyers’ associations to reiterate their opposition to the prospect of a constitutional amendment being moved to raise the retirement ages of the SC and CA judges.

Addressing a public forum, on Saturday, BASL President Rajeev Amarasuriya reiterated his association’s opposition to the proposed move to change the SC and CA judges’ retirement ages arbitrarily. The BASL’s position has been endorsed by several legal associations, including the Colombo Law Society, the Colombo High Court Lawyers’ Association (CHCLA), LAWASIA, and the Commonwealth Lawyers’ Association (CLA).

CLA President Steven Thiru has gone to the extent of warning that Sri Lanka risks repeating Zimbabwe’s judicial crisis if it goes ahead with its controversial plan to extend the retirement ages of sitting superior court judges arbitrarily. Stating that the CLA did not object to the extension of the mandatory retirement age of judges, given changing demographic realities, Thiru pointed out that the danger lay in the politicised context and particularised application of the proposed move by the sitting executive and the legislature to alter the tenure of a few judges. He stated that Sri Lankan leaders had to heed “the sobering lesson of the Zimbabwean crisis; when a ruling government alters the rules of judicial longevity mid-stream, the damage to the legal fabric is severe. “If Sri Lanka proceeds with an ad hoc, non-transparent extension of Superior Court judges’ tenure without a broad consultative process, it risks plunging its legal system into a similar crisis of legitimacy,” he warned, noting that a structural policy matter must not be perceived as a personalised intervention; to do so would fundamentally invite public cynicism, compromise the appearance of judicial neutrality and shatter the very institutional stability that is to be protected.”

It is hoped that the JVP-NPP government will heed the concerns of lawyers’ associations, abandon its plan at issue and ensure that constitutional reforms follow proper consultation, without undermining judicial independence or public confidence in the judiciary. The JVP/NPP came to power promising a new Constitution and not politically motivated piecemeal constitutional amendments. It said in its election manifesto, inter alia, “A new constitution will be drafted and passed through a referendum with necessary changes, if any, after going through a public discourse” (A Thriving Nation: A Beautiful Life, 2024, p. 109).

As the CHCLA, in a letter to President Dissanayake, has rightly pointed out, “the Judicial Service of Sri Lanka is constituted by officers who ascend through a rigorous hierarchy … This progression is not merely a career ambition; it is a legitimate expectation, recognised and protected by the principles of natural justice and the law governing public service. Officers of the Judicial Service plan their professional and personal lives around the reasonable anticipation of such advancement.” The CHCLA’s views deserve serious consideration.

Meanwhile, Chief Justice Preethi Padman Surasena, addressing a group of newly recruited Magistrates, at Sri Lanka Judges’ Institute, recently, stressed the need for judicial officers to do their best to preserve public confidence in the judiciary. A country could be destroyed by a bad judiciary in the same way it could be devastated by natural disasters, the Chief Justice said, stressing the need to safeguard the integrity, independence and dignity of the judiciary. His message was loud and clear.

However, some factors that erode public confidence in the judiciary are beyond the control of judges. The alleged government move to extend the retirement ages of the judges of the SC and the CA is a case in point. It is widely seen as an instance of political interference with the judiciary. One can only hope that the Sr Lankan legal fraternity and international lawyers’ associations will be able to knock some sense into the JVP-NPP government, and prevent this country from facing the same fate as Zimbabwe, where a serious constitutional crisis erupted in 2021, when its Constitution was arbitrarily amended to change the judges’ retirement ages. That issue raised broader concerns about the separation of powers and judicial independence. The constitutional amendment undermined public confidence in courts and amounted to political interference with the judiciary. Another crisis is the last thing Sri Lanka needs at this juncture.

Continue Reading

Editorial

Income status: Reality and challenges

Published

on

The World Bank’s annual income reclassification, which takes effect every July 1, has placed Sri Lanka, Vietnam, the Philippines, Jordan and the Pacific state of Micronesia in the upper-middle income bracket.

Sri Lanka’s elevation to the upper-middle income status has gladdened many a heart. It is no mean achievement for a country emerging from a crippling economic crisis that led to foreign currency reserves woes, shortages, queues, prolonged power cuts, a steep rise in inflation, and unprecedented political upheavals. However, one should not lose sight of the fact that although the reclassification is a marker of resilience, Sri Lanka only narrowly crossed the threshold, according to economic analysts.

Sri Lanka will now face some challenges. The upper-middle income status generally indicates economic progress and can help improve investor confidence, which Sri Lanka perhaps needs more than anything else to rebuild its forex reserves and be ready to resume foreign debt repayment in earnest. However, a higher income category could reduce Sri Lanka’s access to concessional loans, grants and some forms of international assistance. Commercial borrowing generally carries higher interest rates and shorter repayment periods than concessional development loans.

Trade preference schemes such as the EU’s GSP and GSP+ have stood developing countries, such as Sri Lanka, in good stead. These trade concessions are based on specific eligibility criteria, not income classification alone, but moving into higher income categories can eventually affect eligibility under some preferential trade arrangements, as some economists have pointed out. There’s the rub.

The biggest challenge for Sri Lanka is to ensure that its economy will become more productive, competitive and resilient so that it can lessen its dependence on international assistance, with the help of sustainable growth and investment, as countries like Vietnam have done.

Policymakers should reflect on the state of the economy and ordinary Sri Lankans’ lot, which has not improved despite the country’s income classification upgrade. Such categorisations based on credible data may be technically sound and useful in making economic decisions, but they cannot be considered realistic and reliable yardsticks where the wealth distribution is concerned.

The upper-middle income status usually masks inequality. There are economic tools to gauge income inequality, which affects social stability, poverty levels, and access to education and healthcare, but they too have limitations. It is imperative that the issue of income inequality be addressed as a matter of national priority.

Sri Lanka faced an economic crisis in 2022, despite a previous income classification upgrade, mainly because it did not get its macroeconomic fundamentals right, and acted in a reckless manner. True, the Easter Sunday terror attacks and the Covid-19 epidemic took a heavy toll on the economy, but Sri Lanka would have been able to overcome their impact if its economic imperatives had not been subjugated to the political agenda of the government in power at that time.

If action had been taken to prevent a sharp drop in state revenue by keeping taxes at a realistic level and rationalising pandemic relief while seeking IMF assistance at the first signs of trouble, the economy may have been able to withstand internal and external shocks without going into a tailspin.

Sri Lanka should emulate Vietnam, whose income classification upgrade follows a different track and is a story of growth. Vietnam’s gross national income per capita exceeded the USD 4,636 threshold because of manufacturing export growth. Its GDP expanded at approximately 8 percent in 2025, driven by electronics and consumer goods assembly. Vietnam has reportedly set an ambitious goal of achieving the coveted high-income status by 2045. Sri Lanka, too, should raise the bar for itself and work towards achieving its economic goals.

Continue Reading

Trending