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GL: Prez delivered what was prepared by IMF
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Opposition mulls budget strategy
By Shamindra Ferdinando
Former Foreign Minister Prof. G.L. Peiris, MP, said on Monday (14) that those in the Opposition would try to reach a consensus on their stand on the 2023 budget.
The former top law academic explained ongoing efforts to build a consensus among Opposition parties and groups as the challenges couldn’t be surmounted through isolated actions.
Prof. Peiris was responding to media queries at the Nawala Office of Nidahasa Jathika Sabhawa (NJS), one of the SLPP rebel groups in parliament. The NJS comprises 13 lawmakers.
Addressing the media at Nawala, a few hours before President Ranil Wickremesinghe, in his capacity as the Finance Minister delivered the budget speech, Prof. Peiris alleged that the budget prepared by the International Monetary Fund (IMF) was meant to implement the staff-level agreement the Sri Lankan government reached with Washington-based institute on Sept. 01, 2022.
They agreed on a $2.9-billion package that will support Sri Lanka with a 48-month arrangement under the Extended Fund Facility (EFF).
Prof. Peiris flayed the Wickremesinghe-Rajapaksa government for denying parliament an opportunity to discuss its agreement with the IMF before UNP leader Wickremesinghe presented the budget. The MP said that in terms of Article 148 of the Constitution, the parliament couldn’t be deprived of its rights as regards public finance. Therefore, the staff-level agreement with the IMF, the very basis for budget 2023 should have been tabled in parliament, the former minister said.
Asked whether the NJS would vote in favour of the budget, Prof. Peiris, while referring to ongoing efforts on the part of the joint Opposition to take a stand, pointed out that in case the government lost the vote on the second reading of the budget on Nov 22, President Wickremesinghe would have to remove the Premier and other members of the cabinet. However, if the government lost the final vote on Dec 08, the parliament would have to be dissolved, Prof. Peiris said.
Parliament elected Wickremesinghe as the President on July 20, 2022 to complete the remainder of Gotabaya Rajapaksa’s five-year term won at the last presidential election in Nov 2019. In the parliamentary vote to elect a new President Wickremesinghe received 134 votes. His nearest rival Dullas Alahapperuma obtained 82 votes.
Referring SJB MP Dr. Harsha de Silva’s declaration in parliament on Nov. 09, that no less a person than President Wickremesinghe had handed over copies of the confidential Sri Lanka-IMF staff level agreement to some outsiders, Prof. Peiris warned that a section of the business community could exploit sensitive information to their advantage. Prof. Peiris alleged that they could cause quite heavy losses to the Treasury at a time the government further burdened the hapless public.
Declaring that new taxes were intolerable and the public were not in a position to pay, Prof. Peiris explained how the new tax regime would destroy local industries. Instead of curbing waste, corruption, irregularities and mismanagement that had contributed to the current economic crisis, the government slapped more taxes. The former Minister explained how the newly introduced Social Security Contribution levy burdened those struggling to make ends meet.
The parliament has declared that the new bill intended to collect as much as Rs 140 bn annually.
Prof. Peiris questioned the reluctance on the part of the government to initiate tangible measures to recover stolen money. The government had not only failed to go after big time crooks, it appeared to have reached an understanding with them to facilitate corruption, Prof. Peiris said. The MP citing the latest controversy over the procurement of coal for Lakvijaya coal-fired power plant at Norochcholai that underscored the pathetic state of affairs, said regardless of the government declaring itself bankrupt, corruption was continuing unabated.
The former Foreign Minister also questioned the rationale in allocating so much for defence well over a decade after the conclusion of the war. The MP said that the defence sector couldn’t be granted funds at the expense of other sectors that were in a bad shape.
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Govt. to initiate talks on setting up Truth Commission: FM Herath
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UNHRC Session in Geneva:
The JVP/NPP government has expressed its willingness, at the UNHRC in Geneva to initiate talks on setting up a Truth and Reconciliation Commission to investigate acts of violence caused by racism and religious extremism,
Addressing the High-Level Segment of the 58th Regular Session of the United Nations Human Rights Council (UNHRC) in Geneva, Foreign Minister Vijitha Herath said: “The contours of a truth and reconciliation framework, will be further discussed with the broadest possible cross section of stakeholders, before operationalisation to ensure a process that has the trust of all Sri Lankans. Our aim is to make the domestic mechanisms credible and sound within the constitutional framework. This will include strengthening the work towards a truth and reconciliation commission empowered to investigate acts of violence caused by racism and religious extremism that give rise to tensions within Sri Lankan society.”
“The Government has pledged to take tangible steps in the interest of further advancing national unity and reconciliation. The President has proposed to declare a Sri Lanka Day, in line with our vision for a reconciled Sri Lanka and commitment to bridging gaps between communities. We will ensure that the domestic mechanisms and processes, established to address challenges emanating from the conflict, will continue their work in an independent and credible manner, within the Constitutional framework. Domestic institutions, such as the Office on Missing Persons (OMP), Office for Reparations, and Office for National Unity and Reconciliation (ONUR), will be strengthened,” he said.
Minister Herath reaffirmed Sri Lanka’s commitment to human rights, reconciliation, and sustainable development, highlighting the country’s progress and government’s strategies for continued engagement with the international community.
The government is firmly and sincerely committed to working towards a unified Sri Lanka that respects and celebrates the diversity of its people with no division or discrimination based on race, religion, class and caste. We will not leave room for a resurgence of divisive racism or religious extremism in our country. The fundamental and long standing principles of democracy and freedom enshrined in our Constitution will be fully respected and safeguarded while protecting the human rights of all citizens. Every citizen should feel free to practice their religion, speak their language, and live according to their cultural values without fear or discrimination. No one should feel that their beliefs, culture, or political affiliations will make them targets of undue pressure or prejudice. Administrative, political and electoral processes will be activated towards this end.
A number of confidence building measures have also been taken in the last few months towards reconciliation. In November 2024, a number of roads in the Northern Province, including the Palali-Achchuveli main road, were opened for public use, after several decades. The President, during his visit to the North in January this year, made an open invitation to Tamil-speaking youth to be part of Sri Lanka’s police service. The 2025 Budget includes significant allocations to upgrade the libraries throughout the country, including the historical Jaffna library which is a symbol of education and enlightenment for the Tamil community, he said.
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Indonesia to support Clean Sri Lanka initiative
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Indonesia has pledged support for Clean Sri Lanka programme, the President’s Media Division said.
The assistance in this regard was assured by Indonesian Ambassador Dewi Gustina Tobing when she called on President Anura Kumara Dissanayake at the Presidential Secretariat on Tuesday, the PMD said.
During the discussion, Ambassador Tobing extended Indonesia’s well wishes to the new government and reaffirmed Indonesia’s commitment to strengthening the 70-year-long friendship between the two nations. She said that Indonesia’s current administration would support the Clean Sri Lanka programme, noting that measures have been taken to implement a similar initiative in Indonesia.
The discussions also focused on establishing vibrant trade agreements and free trade arrangements between the two nations. Additionally, both parties explored opportunities to expand markets in a mutually beneficial manner while further strengthening economic, social and cultural ties. Senior Additional Secretary to the President, Roshan Gamage and Indonesian Deputy Ambassador, Fiki Oktanio, were also present at the meeting, the release said.
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First batch of vehicles imported for private use, since 2020, arrives
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The first batch of vehicles imported for private use arrived at the Colombo Port on Tuesday (25) afternoon, following the government’s decision to end a five-year suspension on vehicle imports to conserve meagre foreign reserves.
Speaking to journalists in Colombo on Wednesday morning, Vehicle Importers’ Association of Sri Lanka (VIASL) President Prasad Manage said the first shipment arrived from Thailand, and another shipment from Japan is scheduled to arrive at the Hambantota International Port on Thursday (27).
The Sri Lankan government officially lifted the temporary ban on vehicle imports, which had been in place since early 2020, on January 31, 2025.
One of the primary reasons for lifting the suspension is to boost state revenue and meet the tax target of 15 percent of gross domestic product, a requirement under Sri Lanka’s bailout agreement with the International Monetary Fund (IMF).
During his recent Budget speech in Parliament, Sri Lankan President Anura Kumara Dissanayake said the liberalization of motor vehicle imports is expected to generate a significant portion of the government’s revenue targets.
However, he emphasized that vehicle imports will be closely monitored to prevent any adverse effects on the country’s external sector stability.
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