Editorial
Basil’s Parthian shot
Saturday 11th June, 2022
Old habits are said to die hard. On Thursday, the government chose to bulldoze its way through while asking the Opposition to support its efforts to hoist the country out of the current economic mire. It unflinchingly steamrollered the Electricity (Amendment) Bill through Parliament. The CEB Engineers Union told the media that President Gotabaya Rajapaksa had pledged to introduce some changes to the Bill at the committee stage, and the Opposition said Prime Minister Ranil Wickremesinghe, too, had agreed to consider some amendments. But no sooner had the Bill been passed following the second reading than it was ratified. Ample time should have been allocated for a committee stage discussion and changes. Thus, it has become obvious that the government is controlled by someone who is so powerful as to overrule both the President and the Prime Minister!
Interestingly, the aforesaid Bill loaded in favour of India’s Adani Group, was passed on the day when Basil Rajapaksa resigned from Parliament. That he has been behind the Adani deal is public knowledge, and from what happened in Parliament on Thursday, it has become evident that he continues to pull the strings despite his resignation. He certainly knows more than one way to shoe a horse. He can control the government without being present either in Parliament or even in Sri Lanka. Adani will be grateful to him for services rendered.
Giving a press conference, on Thursday, to announce his resignation from Parliament, Basil said he had sought to achieve two objectives after the 2015 regime change; he wanted to enable Mahinda, whose defeat was blamed on him, to make a comeback, and clear his name vis-a-vis corruption cases against him. He said he had achieved both objectives. But, in our book, he has failed to do so. Basil has been acquitted in corruption cases due to lapses on the part of the state prosecutor, lack of evidence and/or on technical grounds, but what really matters, in the final analysis, is the verdict of the people’s court, which has not exonerated him. People are the best judges. He has not helped improve Mahinda’s lot either. Chamal Rajapaksa told Parliament, the other day, that Mahinda should have resigned after completing his second term. Mahinda is in the current predicament because the government, controlled by Basil through the SLPP, has failed, and incurred the wrath of the people.
In 2015, despite Mahinda’s abortive bid to secure a third presidential term, people gathered in their thousands at his Tangalle residence, pledging solidarity with him and urging him to return to active politics. He remained the most popular political leader. But seven years on, thousands of people surrounded his Tangalle house as well as his official residences, asking him to step down. He began his political career as a young MP in 1970, and went on to become a minister, Opposition Leader, Prime Minister and two-term President. After his defeat in 2015, he became an MP, Opposition Leader and Prime Minister. Now, he faces the prospect of having to retire as an ordinary MP. So much for Basil’s help!
Mahinda and his allies would have captured power in 2019 with or without Basil, who was still in the US when Wimal Weerawansa, Udaya Gammanpila, Kumara Welgama, Vasudeva Nanayakkara and others launched the Mahinda Sulanga campaign. Basil came out of hiding, hijacked that anti-yahapalana movement and became an eminence grise after the 2019 regime change by leveraging his control over the SLPP. He launched a witch-hunt against those who refused to lick his sandals, and the SLPP suffered a split. His entry into Parliament via the National List to become the Minister of Finance was the straw that broke the back of the SLPP camel, as it were. He was all at sea, as the Finance Minister, and so were all his loyalists and advisors. The economy was totally mismanaged; too much money was printed; the rupee was defended at the expense of the depleting foreign reserves, and corruption thrived. Basil’s stint as the Finance Minister was a disaster. It is being asked in some quarters whether the country, which had drifted towards China, was bankrupted deliberately as part of the new great power contest in the region.
Basil will fly back to the US, where his heart is. The US is the land of opportunity for most Sri Lankans; there is hardly anything they will hesitate to do to migrate there to achieve their dream of amassing wealth and living in clover. Some Sri Lankans have worked really hard and achieved great success in that country. But as for Basil, it has been the other way around; he migrated to the US, where he never had it so good; for him it is Sri Lanka that became the land of opportunity, where he returned and achieved his dream of being able to live the life of Riley thanks to his family’s rise in Sri Lankan politics characterised by bribery, corruption and impunity.What was more interesting than anything else about Basil’s Parthian shot, on Thursday, was his unkind remark that the blame for the unprecedented crisis the country is facing today should be apportioned to the people who had voted for the SLPP. The voters who backed the Rajapaksas have no one but themselves to blame.
Editorial
Emperor’s new clothes
Friday 5th June, 2026
The Opposition’s propaganda mill is in overdrive, manufacturing various stories about a split in the JVP-NPP government. Mighty governments collapse not because their political enemies regain lost ground and turn the tables on them. They fall largely because the arrogance of power blinds their leaders to reality while their members dare not speak truth to power. Government members sing hosannas to their leaders and even defend the latter’s wrongdoing, committing collective political hara-kiri in the process. The incumbent JVP-NPP government has its fair share of acolytes who try to defend the indefensible.
Former Public Security Minister Sarath Weerasekera (SW), in his response to a recent editorial in this newspaper, has sought to lay the blame for the failure of the Gotabaya Rajapaksa (GR) government on others. In his letter published on the opposite page, today, he insists that the Rajapaksas had the national interest at heart. He implies that they never engaged in dynastic politics, and the 2022 economic crisis was due to factors other than the mismanagement of the economy.
The economy went into a tailspin during the GR government not solely due to the economic consequences of the Covid-19 pandemic and the repayment of foreign loans obtained by the Yahapalana government. Economists have pointed out that the pandemic did not cause bankruptcy on its own, but it acted as a major trigger that exposed pre-existing weaknesses such as high debt, weak foreign reserves, and overdependence on exports and tourism. All governments pay back loans obtained by their predecessors.
The GR government should have sought IMF help at the first signs of trouble. One may recall that acting on Central Bank (CB) advice, the Mahinda Rajapaksa (MR) government (2005-2010) secured IMF assistance and managed an emerging forex crisis, which would have derailed the war effort. If the GR government had heeded CB advice and taken action to increase tax revenue and shore up the country’s foreign currency reserves with IMF help, the 2022 economic crisis could have been averted.
Sri Lanka had to opt for a soft default and seek IMF assistance in 2022. The choice it had was between a soft default and a hard default, which would have ruined its chances of borrowing from external sources again. Sri Lanka was bankrupt, and that fact had to be announced.
The UPFA and SLPP administrations during MR’s second presidential term (2010-2015) and GR’s presidency (2019-2022) were in fact governments of the Rajapaksas by the Rajapaksas for the Rajapaksas. In the GR government, the number of key ministries held by the Rajapaksas increased to five. The share of government expenditure linked to the ministries controlled by them was more than 50% between 2010 and 2015 and between 2019 and 2022, according to political commentators. The other members of the MR government (2010-2015) became so disgruntled that a group of prominent UPFA MPs including ministers voted with their feet in 2014, and General Secretary of the SLFP Maithripala Sirisena went on to challenge MR in the 2015 presidential contest and secure the presidency. As many as 41 SLPP MPs broke ranks with the GR government in early 2022.
Aragalaya,
which crippled the Rajapaksa rule, began as a genuine, leaderless protest campaign against economic hardships, especially prolonged fuel shortages and power cuts. Some political forces infiltrated it subsequently, but it was losing steam when a group of SLPP goons set upon peaceful protesters at Galle Face in May 2022, and triggered a spree of retaliatory violence, which led to the ouster of the Rajapaksas, and paved the way for the 2024 regime change.
As for reconciliation, a retired Major General known for his distinguished military career and respected leadership, writing under a pseudonym––‘Old Soldier’––recently had this to say in his letter critical of the way the government handled this year’s War Heroes’ commemoration, which was the topic of the editorial comment under discussion: “Reparations are claimed by the winners in wars between nations. After civil conflicts there should be reconciliation. There should be no humiliation. When will commemoration of the dead be national in Sri Lanka?”
If the SLPP is to make a comeback, its leaders and their apologists must shed their aversion to self-criticism. The same applies to their equally self-righteous counterparts in other Opposition parties.
Editorial
Another game of chicken
Thursday 4th June, 2026
The government has locked horns with private bus operators, who are demanding a fare hike amidst soaring fuel prices. The former has rejected the fare hike demand out of hand, claiming that it is unfair. President of the Lanka Private Bus Owners’ Association Gemunu Wijeratne has threatened to launch a bus strike unless a fare increase is granted forthwith. He has claimed that there is legal provision for the annual bus fare revision due in July to be advanced. The government and the irate private bus owners are now playing a game of chicken.
School vehicle operators have warned that they will have to increase fees. Trishaw owners have also demanded a fare hike. Container truck operators have already increased freight charges by 5% to offset surging operating expenses, primarily driven by higher diesel prices, inflated costs of tyres and spare parts.
A brutal one-two combination—fuel price hikes and rupee depreciation—has sent all vehicle owners, save a few, to the canvas, so to speak. The prices of spare parts, lubricants and tyres have also skyrocketed. It is only natural that transport operators are demanding fare revisions. The government should stop making political statements and address the issues facing the transport sector. The public cannot take any more shocks, and another fare hike is something everyone needs like a hole in the head. It may not be feasible to grant the bus operators’ request for a fuel subsidy, but the government may be able to help them lower costs in some other way.
It will not be possible to overcome Sri Lanka’s balance of payments woes, strengthen the rupee and shore up foreign currency reserves without a proper strategy to reduce the national fuel bill, which accounts for more than 20% of the total value of imports. President Anura Kumara Dissanayake has pointed out that the country’s monthly fuel import expenditure has surged nearly six-fold. Driven by escalating tensions in West Asia, the fuel import bill rose from USD 98 million in February to USD 522 million in May, according to him. There is no gainsaying that drastic measures need to be adopted to reduce fuel consumption urgently. However, increasing fuel prices is not the only way to achieve this goal.
A country does not need a government to curtail the demand for fuel through price hikes. The JVP-NPP administration should be able to strategise to reduce fuel consumption through other means if it is to be considered worth its salt. Minister Anura Karunathilake and Ceylon Petroleum Corporation Chairman D. J. A. S Rajakaruna have gone on record as saying that action will be taken to have the QR-based fuel rationing system strictly regulated. Why didn’t the government care to do so earlier? If the fuel quota system is to be effective, the practice of motorists sharing the QR codes must be brought to an end. If the national fuel consumption has reached an unmanageable level, as President Dissanayake has said, will the government explain why fuel quotas were increased.
President Dissanayake and his government should learn from India’s efforts to reduce fuel consumption and adopt a top-down national austerity approach to conserve foreign exchange amidst external economic pressures. India’s strategy emphasises reducing official fuel use, adopting digital alternatives to travel, and promoting public transportation to manage energy consumption. After all, the JVP-led NPP came to power, promising austerity measures, which it must now adopt to curtail state expenditure while reducing the burgeoning import bill.
The JVP-NPP government is slow in responding to emergencies. Its disaster response following the landfall of Cyclone Ditwah was woefully tardy. It ignored warnings and waited until the country’s fuel reserves were almost depleted to introduce the QR-based rationing. It cannot wish away the threat of a private bus strike. It must get the bus owners around the table and have a serious discussion on how to resolve the transport sector woes instead of bellowing rhetoric.
Editorial
Lies and politics
Wednesday 3rd June, 2026
Opposition Leader Sajith Premadasa is reported to have lamented that in Sri Lanka, politicians who are adept at lying succeed at the expense of those who work really hard. He never misses an opportunity to project himself as a hardworking politician, and therefore his political rivals may claim that his lament smacks of self-promotion. Nevertheless, his argument is not untenable. During the last several decades, we have heard zillions of lies uttered by numerous political leaders, who have overtaken Machiavelli, Goebbels and even Matilda, who told “such dreadful lies” as made “one grasp and stretch ones’ eyes”. Opposition parties are lucky that people lose interest in their campaign lies after elections.
Lying is the name of the game in Sri Lankan politics. False promises made by politicians out of power should also be considered lies, for they are intended to deceive the public. What are usually described as the incumbent government’s lies are the false promises contained in the NPP manifesto or made by JVP/NPP politicians before the 2024 elections.
It has now become clear that the JVP/NPP leaders lied to the public when they said they were opposed to the manner in which debt was restructured and, if voted into office, they would renegotiate the bailout agreement signed between the IMF and the previous government. But after forming a government they opted to keep the agreement intact, and wisely so. The SJB has been saying something similar about the IMF programme, and it would have been exposed for lying if it had been able to form a government.
Some Opposition parties that have banded together to challenge the government claim that they would have handled the current energy crisis differently and granted relief to the people by reducing taxes on fuel. Accusing its political rivals of lying to garner favour with the public, the government insists that there is no way the fuel prices can be slashed. It finds itself in an IMF straitjacket, and has to fulfill the bailout conditions or lose IMF assistance. It is required to increase state revenue and ensure that energy prices are cost reflective, the JVP/NPP says. So, the only way the Opposition can disprove the government’s claim that it has to increase fuel prices to recover costs is to obtain a detailed cost breakdown and prove that the fuel prices are way above costs. The Opposition politicians shedding copious tears for the public ought to present facts and figures to support their claim that the government is jacking up fuel prices to meet the cost of extra diesel stocks purchased to operate the oil-fired power plants to make up for the Norochcholai generation loss caused by fraudulently procured low-grade coal. Mere rhetoric won’t do. Parliament is the best forum where the Opposition should pressure the government to reveal how fuel prices are determined.
Meanwhile, an SJB spokesman has said something that is construed in some quarters as an unwitting admission that the Opposition’s claim that the JVP-NPP government is not on the right course to strengthen the economy is false. Likening the JVP-NPP government, which is making a frantic effort navigate a host of vexed issues to straighten up the economy, to the proverbial bullocks pulling loaded carts up the steep slope of Haputale, SJB MP Mujibur Rahman has said the SJB is waiting until that task is completed to capture power. It is advisable to get the JVP-led administration to tackle the current economic issues because the JVP/NPP, after losing its hold on power, will never allow a future government to do so, he has said. He may have sought to make his party out to be smarter than the JVP/NPP, but what was intended as a back-handed compliment became an unintended compliment for the government besides exposing the Opposition’s hypocrisy. What one gathers from his statement is that the SJB is waiting to enjoy the fruits of the JVP-NPP government’s labour while criticising the ongoing economic recovery programme. In other words, the SJB knows that the government is doing what is necessary to strengthen the economy. If it is as patriotic as it claims to be, it should subjugate its political agenda to the national interest and help strengthen the economy.
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