Connect with us

News

Initial consensus among MPs on recovery plan

Published

on

Economic crisis:

By Shamindra Ferdinando

SLPP MP Dr. Nalaka Godahewa has said that some of those members of Parliament, with expertise in financial matter, recently reached, what he called, an initial consensus on an economic recovery plan.The Gampaha District MP declared that a range of proposals, made by interested parties, outside the Parliament, too, had been taken into consideration.Dr. Godahewa, who served the Cabinet as the Media Minister for a brief period, following the resignation of Prime Minister Mahinda Rajapaksa, on May 09, said so addressing a group of professionals, at Ragama, recently.

Asserting that the economy was in such a precarious state and that recovery was almost impossible, MP Godahewa said that perhaps the proposed initiative could be implemented in three phases – namely one, two and seven years.If national elections were held as scheduled, there would be at least two governments during a seven year period, and the economic recovery could suffer a debilitating setback, said Godahewa, if future governments deviate from agreed course of action.

Governor of the Central Bank Dr. Nandalal Weerasinghe recently warned that the country would be in deeper trouble if consensus reached with the International Monetary Fund (IMF) by Gotabaya Rajapaksa administration was not honoured.Dr. Godahewa said that the situation could be further worsened if the suffering population toppled governments as it happened in other countries, troubled by economic difficulties.

Therefore, the daunting economic challenges couldn’t be overcome unless consensus was reached on a genuine all-party-government without further delay, Dr. Godahewa said, stressing the pivotal importance of a common agenda to address economy and other key issues at hand.

The one-time prominent Viyathmaga activist said that those who toppled the government should be given an opportunity to contest the next general election. The electorate could vote out of Parliament those viewed as unfit to continue as members, the MP said. The lawmaker declared that unless MPs with expertise in economic matters got together to lead the country out of this mess, the consequences would be disastrous.

Discussing the developments leading to Sri Lanka having to enter into talks with the IMF, after accepting bankruptcy, Dr. Godahewa said that finally the country had been overwhelmed by the widening gap in income and expenditure. Declaring that the Budget deficit in 2021 had been over Rs. 2,000 bn, MP Godahewa said that successive governments raised loans through the Central Bank which printed money to meet the requirement.

Dr. Godahewa said that Sri Lanka rapidly increased taking of foreign loans, mostly short-term commercial borrowings at high interest rates. Quoting from official records, Dr. Godahewa said that foreign loans stood at USD 13.5 bn in 2009 but by 2019 such debt rose to USD 34.7 bn. The former minister said that the country would require as much as USD 4 bn a year to pay back those loans and in some years it could be more.Referring to gradual deterioration due to ill-fated policies, Dr. Godahewa said that over the past decade annually foreign loans amounting to USD 2 bn had been taken to manage the economy. There had been instances, reserves had to be spent to meet the shortfall, Dr. Godahewa said. As Sri Lanka’s rating rapidly deteriorated, the country lost opportunity to raise loans overseas, the lawmaker said, adding that by the first quarter of 2022 the country no longer had foreign reserves.

Pointing out that the Indian credit line available for the import of fuel had been expended, the MP said that the government was in a dilemma as to how to raise funds to procure required fuel. The former minister said that approximately USD 500 mn was required for procurement of fuel in addition to other essential supplies such as LP gas, fertilizer and medicine.

Sri Lanka should regain international confidence. As long as the country lacked credible government no one would be willing to provide financial assistance at any level, the lawmaker said.



News

Addressing the drug issue in the country must be treated as a national priority – PM

Published

on

By

Prime Minister Dr. Harini Amarasuriya emphasized that addressing the drug issue in the country must be treated as a national priority, highlighting that it must deliver results at the ground level.

A meeting to brief the Prime Minister on the National Strategic Plan for the Management, Treatment and Rehabilitation of Persons with Substance Use Disorders (SUD) 2026–2030 was held with the participation of officials from the Ministry of Health and Mass Media and other key stakeholders on 13th of March at the Temple Trees.

The discussion focused on the proposed national strategy developed to address the growing health, social and economic challenges associated with substance use disorders in Sri Lanka. The strategic plan aims to strengthen prevention, treatment, rehabilitation and reintegration services through a coordinated and evidence-based national approach.

During the meeting, attention was drawn to existing gaps in early identification of substance use disorders, continuity of care, community-based follow-up and reintegration of recovering individuals into society. The plan proposes several key interventions, including strengthening screening and symptomatic treatment at primary healthcare and outpatient levels, improving hospital-based treatment and follow-up services, expanding residential rehabilitation facilities, and enhancing community-based rehabilitation and relapse prevention programmes.

Special emphasis has also been placed on providing targeted support for vulnerable groups, including children and adolescents, pregnant women, mothers with children and prison inmates.

Speaking on the importance of strengthening the national response to drug issues, the Prime Minister Dr. Harini Amarasuriya noted that the drug menace has evolved into a serious social crisis that threatens social stability and security of families and the nation as a whole highlighting that law enforcement and rehabilitation in this regard must be given equal priority.

The Prime Minister further underscored the importance of including public awareness initiatives and responsible media reporting as key components of the national strategy.

The meeting was attended by the Secretary to the Prime Minister Pradeep Saputhanthri, Secretary to the Ministry of Health Dr. Anil Jasinghe, officials from the Department of Prisons, Bureau of Rehabilitation, Sri Lanka Police Ministry of health, Ministry of Public Security and Parliamentary Affairs, Ministry of Justice and National Integration ,Ministry of Defense, Ministry of Education, Ministry of Women and Child Affairs and other relevant department and ministries.

[Prime minister’s Media Division]

Continue Reading

Latest News

QR code system will be implemented for fuel with effect from 06.00 a.m. today (15th)

Published

on

By

In light of the prevailing geopolitical developments in Middle East, the petroleum product supply chain has been adversely affected. At the same time, the demand for fuel has increased abnormally, resulting in a depletion of the country’s existing fuel stock. Therefore, it has become necessary to carefully manage the available fuel reserves in order to sustain the nation’s economic activities.

Furthermore, it has recently been observed that certain groups have been illegally purchasing fuel in excessive quantities. The Government of Sri Lanka intends to prevent such improper consumption and ensure an uninterrupted fuel supply for the day-to-day needs and economic activities of the general public.

Accordingly, a QR code system will be implemented with effect from 06.00 a.m. on 15.03.2026.

Fuel will not be issued by any operating filling station in the country without a valid QR code from                      06.00 a.m. on 15.03.2026.

Steps to Obtain the QR Code

  1. Users who have already registered for the QR Code
  2. Users whose vehicle ownership and registered mobile number remain unchanged since their initial registration may download their QR Code from the     website https://fuelpass.gov.lk/ starting from midnight on 14.03.2026, using the ‘Vehicle Login’     button.
  3. Users whose vehicle ownership or registered mobile number has changed since their last registration are required to re-register their details through the website https://fuelpass.gov.lk/  starting from 6.00 a.m. on 15.03.2026, using the ‘Vehicle Registration’ button.
  4. Users who have not previously registered for the QR Code and users with newly registered vehicles at
    the RMV
  5. Registration can be completed starting from 06.00 a.m. on 15.03.2026 through the
    website https://fuelpass.gov.lk/, using the ‘Vehicle Registration’ button.

The number of litres allocated for each category of vehicle is stated below.

A special fuel issuance system will be implemented for vehicles required to support national production and essential services.

 

Vehicle Class Capacity control volume for fuel pass

(L)

Buses 60
Motor cycle 5
Van 40
Motor car 15
Motor Lorry 200
Land Vehicles 25
Three Wheeler 15
Special Purpose Vehicle 40
Quadricycle 5

 

[Sri Lanka Transport Board will issue fuel to the private buses].

Continue Reading

News

Lanka discovers largest groundwater source

Published

on

The National Water Supply and Drainage Board (NWSDB) on Friday said the largest groundwater source discovered in Sri Lanka so far had been identified during tube-well drilling near the Pitabeddara Police Station.

Indrajith Gamage, geologist in charge of the Southern Province, said the source recorded a continuous flow of about 10,000 litres (10 cubic metres) per minute, marking the first instance in the country where a groundwater source of that magnitude had been found.

He noted that the previous largest groundwater source was discovered in the Madhu area, which recorded a flow of about 7,000 litres per minute.

According to the NWSDB, the tube well was drilled following geological studies of rock layers and the identification of underground water through fractures in rock strata using specialised technical instruments.

The Board said steps would be taken to distribute water from the newly discovered source to residents facing shortages in Pitabeddara, Morawaka and surrounding areas.

Continue Reading

Trending