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Lanka communists to chart ‘Second Freedom Struggle’ at 23rd party congress
The Communist Party of Sri Lanka (CPSL) will hold its 23rd National Congress from February 20 to 22 in Colombo, with party leaders set to deliberate on the country’s deepening economic crisis and chart what they describe as a path toward “economic sovereignty.”
In a statement issued by General Secretary Dr. G. Weerasinghe, the CPSL said delegates will analyse and debate key reports before adopting the party’s political course for the coming years, with a focus on the prevailing geo-political environment and Sri Lanka’s economic direction.
Full text of the statement: The 23rd National Congress of CPSL will be held from 20th to 22nd February 2026 in Colombo. The Congress will analyze and debate the reports that will be presented and will be agreed to the political course of the Party for coming years.
The Party which was founded on 03rd July 1943, though the founding members were active in establishing the Lanka Sama Samaja Party in 1935.
Among founding members of the CPSL in 1943, there were leaders such as Dr. S. A. Wickramasinghe, Rev. Udakendawela Siri Saranankara thero, Pieter Keuneman, A. Vaithyalingam, P. Kandaiah and M. G. Mendis.
All the major rights enjoyed by the working class in the country were the results of huge struggles carried out by then working class movement under the leadership of Communist Party and Lanka Sama Samaja Party. The CPSL was able to amalgamate the working class movement to then existing struggle for freedom. Through a new constitution, the political freedom was completed in 1972 by the Government of Sri Lanka Freedom Party, Lanka Sama Samaja Party and Communist Party.
The world is undergoing an economic crisis due to the neo-liberal economic policies adopted in 70-s. Sri Lanka also is facing the same crisis and it was erupted in 2022 as a triple crisis (Dollar crisis Rupee crisis and debt crisis). While country is facing a political crisis as a result of economic crisis, the IMF crafted path for recovery which was adopted in 2023 seems not giving the desired results. In fact country is slipping deep into economic dependence. The world agrees that neo-liberal economic order has come to an end and is moving towards multi-polarity. The Global South in the new Multi-polar world is striving to achieve economic sovereignty.
The main objective of the 23rd National Congress of CPSL is to review the current geo-political context and define the path to achieve Economic Sovereignty for Sri Lanka. Without economic sovereignty a country will not have a meaningful political sovereignty either. Therefore, the major priority faced by all progressive, patriotic and anti-imperialist forces is to come together to struggle to achieve economic sovereignty which is the Second Freedom Struggle of the country.
News
Sri Lanka, India caught in US-Iran ship crisis
By Shamindra Ferdinando
Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.
Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).
The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.
The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.
Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.
The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.
The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR
Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.
SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.
News
Namal further remanded
MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).
Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.
News
IMF projects Lankan economic growth to moderate amidst mounting global uncertainties
Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.
Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.
Unemployment is expected to remain steady at 3.9% throughout the forecast period.
The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.
Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.
The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.
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