Features
A radical shift needed

By Faraz Shauketaly
Most people in Sri Lanka are fully aware that a growing number of the republic are protesting and publicly complaining of a myriad of problems. To be fair, Sri Lanka’s economy has always remained a little over the danger zone and it would be safe to say it has been for quite a while in the amber zone. In the past, growth was remarkable and principal indicators were resilient and stable. Indeed, such was the case throughout the Mahinda Rajapaksa Presidency with – for example – the exchange rate maintaining a position and not losing ground in any way to cause investor alarm.
All this changed, of course, with the advent of a new government grandly proclaiming Yahapalanaya or Good governance to be the base of their outlook for Sri Lanka. Sadly, for the nation, the bunch of self-styled good-governance advocates instead quite literally helped themselves.
There was the infamous Bond scam, there were the turning of the Nelsonian eye when it came to Excise collections, under payment of duties for most anything including vehicles especially at the upper end, Minister’s actively discarding due process and established procedure and the list went on and on – except, of course, the manifesto promises were never kept.
In between all of this no one expected a pandemic to come along and wreak havoc upon our shores. Claim and counter claim does its rounds but the fact is no one quite had the expertise to handle CV19 – a new global phenomenon.
The impact on our Tourism industry and on our remittances from our expatriate workers has caused absolute havoc on our economy.
The time may now be opportune for all our political parties to form a joint governance team to embark upon a radical change to our governance outlook.
No amount of confident speak that is put out by the master at the Central Bank can overlook some of the happenings that abound in Sri Lanka. These happenings always – not almost – affect the decision-making processes of overseas based investors seeking new and better opportunities to maximise returns.
The rule of law is always a hotbed of concern. Imagine would be investors studying that aspect of the Sri Lanka way: they will discover the strange goings on within the judicial circle. The Attorney General’s department having presumably studied case files decide to indict persons. At times these persons have temporarily lost their freedom being remanded. Thereafter, the same Attorney General’s department decides to withdraw the charges. And (in a strange twist) the one-time Attorney General is now the Chief Justice. Most liberal minded persons may be unable to comprehend what is going on or will take a pretty dim view of the original indictments and wonder if they were suffering from political lesions.
Of course, the Yahaplanists, too, departed from established procedure. They had a committee based around Temple Trees that basically decided which cases should be taken up by the then newly created FCID. There was a steady stream of persons going to the FCID, some remanded, and it was a virtual circus of the clowns. To so arbitrarily decide whom to look at is a departure from process. It could be argued then that this government was only putting right what was a departure in the past!
All of this is not by the way. It ought not to be so. Sri Lanka will need to up its ante when it comes to the application of the Rule of Law. All sensible investors with the medium to long term pitch in mind will want to feel secure that they are investing in a country that has people who are fairly well educated, where the infrastructure is also more or less par for the course, where the political stability is established and where they can if needed rely on the rule of law to protect their brand and their investment.
At the moment the nation additionally appears to need stability of policy. Not a system where the government is ruling quite often by the issuance of Gazette notices and equally as often changing those notices or amending them within a short period. This indicates that there appears to be a lack of planning and 360-degree consultative processes.
The move towards an all green economy is commendable and will have excellent benefits for our nation’s image in the future once we are well entrenched within a green economy, food, buildings, warts and all.
Save, of course, that none of this can be done literally overnight. The President had no sooner spoken that the import of all non-organic fertilisers was banned. The reaction was spontaneous. Farmers protested, the tea industry was particularly concerned that their exports of 300 million kilos of Ceylon’s finest would be challenged in some discerning markets at least, including the Japanese market.
Our Prime Minister, President Mahinda Rajapaksa the veteran politician that he is, was eloquent and on point when he called for unity within the ruling alliance which after all gave this government the majority they sought – a two thirds majority which they maintain is required for strong government. President Mahinda Rajapaksa pointed to the apparent exodus of the youth of Sri Lanka seeking opportunities in other territories. It is clear, that Sri Lanka is in an economic mire with the people of our country in an abyss of despair.
President Gotabaya Rajapaksa has not missed a beat: he too has alluded to the political disunity and has openly stated that there are two types of persona in so far as his governance is concerned. He has clarified what prompted him to appoint a monk who has been known to be controversial.
No matter what the justification alluded to, the fact is that this appointment has caused much concern not only in our own Sri Lanka but amongst our trading partners whose inputs are essential to the progress of our nation.
One rule, one country is welcome by all of us here in Sri Lanka. However, to appoint a person who is considered a hardliner to the detriment of the minorities in our country is to stir the pot of disharmony and disunity. It could verily fan the flames of communal disharmony.
After 30 plus years of a communally-driven near civil war, all of us, in Sri Lanka, are only too aware of the damage this causes to the growth of our economy apart from the lost opportunities of communal unity. If we need one example it would be to study the phenomenal explosion of tourism in Sri Lanka post 2009. No liberal minded traveller or any corporate worth its salt, will wish to consider Sri Lanka if the country is again a de-facto war zone where personal security is at stake.
President Gotabaya called for and assured a revolutionary change. God bless him for at least saying that. It is exactly what we need on a number of fronts.
Leading the package of revolutionary change will necessarily be the attitude of all governments to that perennial problem of corruption and politically sponsored impunity.
Revolutionary change will need to address inclusivity: consultative processes may well be a tedious impediment to achieve fast-tracked development of government policies. It is unfortunately a case of that old but true adage, ‘Rome was not built in a day’. Any government will need to demonstrate real commitment to address corruption wastage and graft. Not mere words but action real at that is what is required.
It really is quite simple. Sri Lanka’s economy has so very badly been affected that there is no leeway for development and corruption at the same time. Our economy has reached a sort of plateau. If we are to forge ahead, we must have a zero-tolerance towards corruption and waste – the twin impediments that are currently raging across all important sectors.
The losses to state banks after having indulged politically exposed persons – read cronies of any government holding the reins of power – remains at an all-time high. The Minister of Finance has proposed that a principal amount of Rs 8,500,000,000 be returned to the Central Bank, calling it ‘illegally made money’. Most followers of that circus known as the Central Bank Bond Scam will no doubt be reminded that Perpetual Treasuries, the company at the epi-centre, reported profits totalling more than Rs 18 Billion.
A weekend newspaper reported that corporates with cross shareholdings and or directorships with Perpetual separately owed state banks and other state bodies sums greater than Rs 10 Billion. This may well be a smart move by the Minister of Finance enabling President Gothabya to maintain that at least one part of his manifesto undertakings has been completed at least by 50 percent. Nevertheless, the adventure that the former Guvnor of the Central Bank Mahendran embarked upon has cost our country very dearly indeed. It is unlikely that the principal shareholders have assets anywhere close to the monies our country has lost thanks to this escapade. The monies made have been distributed to several who also had a hand in this sordid affair and much of it would have taken flight to other jurisdictions. We are constantly reminded that the Guvnor who went back to his adoptive Singapore never did return to the land of his birth to answer questions that the Police in Sri Lanka would like very much to pose to him. We would not be surprised that if the rest of the profits found its way to friends, family and property and other fixed assets in other countries.
It is not a Radical Revolution change we need, rather we need all the perpetrators not just those now indicted for this matter, be indicted and in the event a custodial sentence be ordered it would arguably perhaps be best if the keys to those cells be thrown into the Indian Ocean.
President Gotabaya was elected because the people truly believed that he would be able to emulate some of what he achieved at the Defence Ministry and the Urban Development Authority. The vagaries and intricacies of Sri Lankan politics dictated that he be nominated by a registered political party in order to contest the election for the presidency. Very unfortunately it is some members of that very party that propelled him into the throne room who have withheld his progress. And when it comes to family, there really is a thin line between family and anything else. Friends and hangers on attached mainly to the former President Mahinda are costing this President dearly in terms of plummeting popularity. Just like what happened to President Mahinda – admittedly in that debacle, members of the family played a key role too.
The saving grace is that the government has approximately three more years to go before they will be obliged to go to the polls.
Presumably before that time, the SLPP will want to put a few cases behind their back – like the Bond scam – sort out the food production and of course stabilise the forex rates.
Much depends on the myopic nature of the Sri Lankan mind-set. If they forget about the hardships, we have endured for the past three years they may neglect to elect a whole new set of people – emulating President Gotabaya’s expressly stated advisory delivered recently.
In which case what will be in store for us? More of the same? Can we really expect a revolutionary change? Hope springs eternal.
Features
An opportunity to move from promises to results

The local government elections, long delayed and much anticipated, are shaping up to be a landmark political event. These elections were originally due in 2023, but were postponed by the previous government of President Ranil Wickremesinghe. The government of the day even defied a Supreme Court ruling mandating that elections be held without delay. They may have feared a defeat would erode that government’s already weak legitimacy, with the president having assumed office through a parliamentary vote rather than a direct electoral mandate following the mass protests that forced the previous president and his government to resign. The outcome of the local government elections that are taking place at present will be especially important to the NPP government as it is being accused by its critics of non-delivery of election promises.
Examples cited are failure to bring opposition leaders accused of large scale corruption and impunity to book, failure to bring a halt to corruption in government departments where corruption is known to be deep rooted, failure to find the culprits behind the Easter bombing and failure to repeal draconian laws such as the Prevention of Terrorism Act. In the former war zones of the north and east, there is also a feeling that the government is dragging its feet on resolving the problem of missing persons, those imprisoned without trial for long periods and return of land taken over by the military. But more recently, a new issue has entered the scene, with the government stating that a total of nearly 6000 acres of land in the northern province will be declared as state land if no claims regarding private ownership are received within three months.
The declaration on land to be taken over in three months is seen as an unsympathetic action by the government with an unrealistic time frame when the land in question has been held for over 30 years under military occupation and to which people had no access. Further the unclaimed land to be designated as “state land” raises questions about the motive of the circular. It has undermined the government’s election campaign in the North and East. High-level visits by the President, Prime Minister, and cabinet ministers to these regions during a local government campaign were unprecedented. This outreach has signalled both political intent and strategic calculation as a win here would confirm the government’s cross-ethnic appeal by offering a credible vision of inclusive development and reconciliation. It also aims to show the international community that Sri Lanka’s unity is not merely imposed from above but affirmed democratically from below.
Economic Incentives
In the North and East, the government faces resistance from Tamil nationalist parties. Many of these parties have taken a hardline position, urging voters not to support the ruling coalition under any circumstances. In some cases, they have gone so far as to encourage tactical voting for rival Tamil parties to block any ruling party gains. These parties argue that the government has failed to deliver on key issues, such as justice for missing persons, return of military-occupied land, release of long-term Tamil prisoners, and protection against Buddhist encroachment on historically Tamil and Muslim lands. They make the point that, while economic development is important, it cannot substitute for genuine political autonomy and self-determination. The failure of the government to resolve a land issue in the north, where a Buddhist temple has been put up on private land has been highlighted as reflecting the government’s deference to majority ethnic sentiment.
The problem for the Tamil political parties is that these same parties are themselves fractured, divided by personal rivalries and an inability to form a united front. They continue to base their appeal on Tamil nationalism, without offering concrete proposals for governance or development. This lack of unity and positive agenda may open the door for the ruling party to present itself as a credible alternative, particularly to younger and economically disenfranchised voters. Generational shifts are also at play. A younger electorate, less interested in the narratives of the past, may be more open to evaluating candidates based on performance, transparency, and opportunity—criteria that favour the ruling party’s approach. Its mayoral candidate for Jaffna is a highly regarded and young university academic with a planning background who has presented a five year plan for the development of Jaffna.
There is also a pragmatic calculation that voters may make, that electing ruling party candidates to local councils could result in greater access to state funds and faster infrastructure development. President Dissanayake has already stated that government support for local bodies will depend on their transparency and efficiency, an implicit suggestion that opposition-led councils may face greater scrutiny and funding delays. The president’s remarks that the government will find it more difficult to pass funds to local government authorities that are under opposition control has been heavily criticized by opposition parties as an unfair election ploy. But it would also cause voters to think twice before voting for the opposition.
Broader Vision
The government’s Marxist-oriented political ideology would tend to see reconciliation in terms of structural equity and economic justice. It will also not be focused on ethno-religious identity which is to be seen in its advocacy for a unified state where all citizens are treated equally. If the government wins in the North and East, it will strengthen its case that its approach to reconciliation grounded in equity rather than ethnicity has received a democratic endorsement. But this will not negate the need to address issues like land restitution and transitional justice issues of dealing with the past violations of human rights and truth-seeking, accountability, and reparations in regard to them. A victory would allow the government to act with greater confidence on these fronts, including possibly holding the long-postponed provincial council elections.
As the government is facing international pressure especially from India but also from the Western countries to hold the long postponed provincial council elections, a government victory at the local government elections may speed up the provincial council elections. The provincial councils were once seen as the pathway to greater autonomy; their restoration could help assuage Tamil concerns, especially if paired with initiating a broader dialogue on power-sharing mechanisms that do not rely solely on the 13th Amendment framework. The government will wish to capitalize on the winning momentum of the present. Past governments have either lacked the will, the legitimacy, or the coordination across government tiers to push through meaningful change.
Obtaining the good will of the international community, especially those countries with which Sri Lanka does a lot of economic trade and obtains aid, India and the EU being prominent amongst these, could make holding the provincial council elections without further delay a political imperative. If the government is successful at those elections as well, it will have control of all three tiers of government which would give it an unprecedented opportunity to use its 2/3 majority in parliament to change the laws and constitution to remake the country and deliver the system change that the people elected it to bring about. A strong performance will reaffirm the government’s mandate and enable it to move from promises to results, which it will need to do soon as mandates need to be worked at to be long lasting.
by Jehan Perera
Features
From Tank 590 to Tech Hub: Reunited Vietnam’s 50-Year Journey

The fall of Saigon (now Ho Chi Minh City – HCM) on 30 April 1975 marked the end of Vietnam’s decades-long struggle for liberation—first against French colonialism, then U.S. imperialism. Ho Chi Minh’s Viet Minh, formed in 1941, fought Japanese occupiers and later defeated France at Dien Bien Phu (1954). The Geneva Accords temporarily split Vietnam, with U.S.-backed South Vietnam blocking reunification elections and reigniting conflict.
The National Liberation Front (NLF) led resistance in the South, using guerrilla tactics and civilian support to counter superior U.S. firepower. North Vietnam sustained the fight via the Ho Chi Minh Trail, despite heavy U.S. bombing. The costly 1968 Tet Offensive exposed U.S. vulnerabilities and shifted public opinion.
Of even more import, the Vietnam meat-grinder drained the U.S. military machine of weapons, ammunition and morale. By 1973, relentless resistance forced U.S. withdrawal. In March 1975, the Vietnamese People’s Army started operations in support of the NLF. The U.S.-backed forces collapsed, and by 30 April the Vietnamese forces forced their way into Saigon.
At 11 am, Soviet-made T-54 tank no. 843 of company commander Bui Quang Than rammed into a gatepost of the presidential palace (now Reunification Palace). The company political commissar, Vu Dang Toan, following close behind in his Chinese-made T-59 tank, no. 390, crashed through the gate and up to the palace. It seems fitting that the tanks which made this historic entry came from Vietnam’s principal backers.
Bui Quang Than bounded from his tank and raced onto the palace rooftop to hoist the NLF flag. Meanwhile, Vu Dang Toan escorted the last president of the U.S.-backed regime, Duong Van Minh, to a radio station to announce the surrender of his forces. This surrender meant the liberation not only of Saigon but also of the entire South, the reunification of the country, and a triumph of perseverance—a united, independent nation free from foreign domination after a 10,000-day war.
Celebrations
On 30 April 2025, Vietnam celebrated the 50th anniversary of the Liberation of the South and National Reunification. HCM sprouted hundreds of thousands of national flags and red hammer-and-sickle banners, complemented by hoardings embellished with reminders of the occasion – most of them featuring tank 590 crashing the gate.
Thousands of people camped on the streets from the morning of 29 April, hoping to secure good spots to watch the parade. Enthusiasm, especially of young people, expressed itself by the wide use of national flag t-shirts, ao dais (traditional long shirts over trousers), conical hats, and facial stickers. This passion may reflect increasing prosperity in this once impoverished land.
The end of the war found Vietnam one of the poorest countries in the world, with a low per capita income and widespread poverty. Its economy struggled due to a combination of factors, including wartime devastation, a lack of foreign investment and heavy reliance on subsistence agriculture, particularly rice farming, which limited its potential for growth. Western sanctions meant Vietnam relied heavily on the Soviet Union and its socialist allies for foreign trade and assistance.
The Vietnamese government launched Five-Year Plans in agriculture and industry to recover from the war and build a socialist nation. While encouraging family and collective economies, it restrained the capitalist economy. Despite these efforts, the economy remained underdeveloped, dominated by small-scale production, low labour productivity, and a lack of modern technology. Inflexible central planning, inept bureaucratic processes and corruption within the system led to inefficiencies, chronic shortages of goods, and limited economic growth. As a result, Vietnam’s economy faced stagnation and severe hyperinflation.
These mounting challenges prompted the Communist Party of Vietnam to introduce Đổi Mới (Renovation) reforms in 1986. These aimed to transition from a centrally planned economy to a “socialist-oriented market economy” to address inefficiencies and stimulate growth, encouraging private ownership, economic deregulation, and foreign investment.
Transformation
Đổi Mới marked a historic turning point, unleashing rapid growth in agricultural output, industrial expansion, and foreign direct investment. Early reforms shifted agriculture from collective to household-based production, encouraged private enterprise, and attracted foreign investment. In the 2000s, Vietnam became a top exporter of textiles, electronics, and rice, shifting towards high-tech manufacturing (inviting Samsung and Intel factories). By the 2020s, it emerged as a global manufacturing hub, the future focus including the digital economy, green energy, and artificial intelligence.
In less than four decades, Vietnam transformed from a poor, agrarian nation into one of Asia’s fastest-growing economies, though structural reforms are still needed for sustainable development. Growth has remained steady, at 5-8% per year.
Vietnam’s reforms lifted millions out of poverty, created a dynamic export-driven economy, and improved education, healthcare, and infrastructure. This has manifested itself in reducing extreme poverty from 70% to 1%, increasing literacy to 96%, life expectancy from 63 to 74 years, and rural electrification from less than 50% to 99.9%. Industrialisation drove urbanisation, which doubled from 20% in 1986 to 40% now.
This change displayed itself during the celebrations in HCM, amid skyscrapers, highways and the underground metro system. Everybody dressed well, and smartphones could be seen everywhere – penetration has reached three-fourths of the population. Thousands turned out on motorbikes and scooters (including indigenous electric scooters) – two-wheeler ownership is over 70%, the highest rate per capita in ASEAN. Traffic jams of mostly new cars emphasised the growth of the middle class.
At the same time, street food vendors and makeshift pavement bistro owners joined sellers of patriotic hats, flags and other paraphernalia to make a killing from the revellers. This reflects the continuance of the informal sector– currently representing 30% of the economy.
The Vietnamese government channelled tax income from booming sectors into underdeveloped regions, investing in rural infrastructure and social welfare to balance growth and mitigate urban-rural inequality during rapid economic expansion. Nevertheless, this economic transformation came with unequal benefits, exacerbating income inequality and persistent gender gaps in wages and opportunities. Sustaining growth requires tackling corruption, upgrading workforce skills, and balancing development with inequality.
NLF flag

Tank 390 courtesy Bao Hai Duong
The parade itself, meticulously carried out (having been rehearsed over three days), featured cultural pageants and military displays and drew admiration. Of special note, the inclusion of foreign military contingents from China, Laos, and Cambodia for the first time signalled greater regional solidarity, acknowledging their historical support while maintaining a balanced foreign policy approach.
Veteran, war-era foreign journalists noted another interesting fact: the re-emergence of the NLF flag. Comprising red and blue stripes with a central red star, this flag had never been prominent at the ten-year anniversary celebrations. The journalists questioned its sudden reappearance. It may be to give strength to the idea of the victory being one of the South itself, part of a drive to increase unity between North and South.
Before reunification in 1975, North and South Vietnam embodied starkly contrasting economic and social models. The North operated under a centrally planned socialist system, with collectivised farms and state-run industries. It emphasised egalitarianism, mass education, and universal healthcare while actively preserving traditional Vietnamese culture. The South, by contrast, maintained a market-oriented economy heavily reliant on agricultural exports (rice and rubber) and foreign aid. A wealthy elite dominated politics and commerce, while Western—particularly American—cultural influence grew pervasive during the war years.
Following reunification under the Socialist Republic of Vietnam (1976), the government moved swiftly to integrate the two regions. In 1978, it introduced a unified national currency (the đồng, VND), merging the North’s and South’s financial systems into a single, state-controlled framework. The unification of monetary policy symbolised the broader ideological project: to erase colonial and capitalist legacies.
Unity and solidarity
However, the economic disparities and cultural divides between regions persist, though less pronounced than before. The South, particularly HCM, remains Vietnam’s economic powerhouse, with a stronger private sector and international trade connections. The North, including Hanoi, has a more government-driven economy. Southerners tend to have a more entrepreneurial mindset, while Northerners are often seen as more traditional and rule-bound. Conversely, individuals from the North occupy more key government positions.
Studies suggest that people in the South exhibit lower trust in the government compared to those in the North. HCM tends to have stronger support for Western countries like the United States, while Hanoi has historically maintained closer ties with China. People in HCM tend to use the old “Saigon” city name.
Consequently, the 50th anniversary celebrations saw a focus on reconciliation and unity, reflecting a shift in perspective towards peace and friendship, as well as accompanying patriotism with international solidarity.
The exuberant crowds, modern infrastructure, and thriving consumer economy showcased the transformative impact of Đổi Mới—yet lingering regional disparities, informal labour challenges, and unequal gains remind the nation that sustained progress demands inclusive reforms. The symbolic return of the NLF flag and the emphasis on unity underscored a nuanced reconciliation between North and South, honouring shared struggle while navigating enduring differences.
As Vietnam strides forward as a rising Asian economy, it balances its socialist legacy with global ambition, forging a path where prosperity and patriotism converge. The anniversary was not just a celebration of the past but a reflection on the complexities of Vietnam’s ongoing evolution.
(Vinod Moonesinghe read mechanical engineering at the University of Westminster, and worked in Sri Lanka in the tea machinery and motor spares industries, as well as the railways. He later turned to journalism and writing history. He served as chair of the Board of Governors of the Ceylon German Technical Training Institute. He is a convenor of the Asia Progress Forum, which can be contacted at asiaprogressforum@gmail.com.)
By Vinod Moonesinghe
Features
Hectic season for Rohitha and Rohan and JAYASRI

The Sri Lanka music scene is certainly a happening place for quite a few of our artistes, based abroad, who are regularly seen in action in our part of the world. And they certainly do a great job, keeping local music lovers entertained.
Rohitha and Rohan, the JAYASRI twins, who are based in Vienna, Austria, are in town, doing the needful, and the twosome has turned out to be crowd-pullers.
Says Rohitha: Our season here in Sri Lanka, and summer in the south hemisphere (with JAYASRI) started in October last year, with many shows around the island, and tours to Australia, Japan, Dubai, Doha, the UK, and Canada. We will be staying in the island till end of May and then back to Austria for the summer season in Europe.”
Rohitha mentioned their UK visit as very special.

The JAYASRI twins Rohan and Rohitha
“We were there for the Dayada Charity event, organised by The Sri Lankan Kidney Foundation UK, to help kidney patients in Sri Lanka, along with Yohani, and the band Flashback. It was a ‘sold out’ concert in Leicester.
“When we got back to Sri Lanka, we joined the SL Kidney Foundation to handover the financial and medical help to the Base Hospital Girandurukotte.
“It was, indeed, a great feeling to be a part of this very worthy cause.”
Rohitha and Rohan also did a trip to Canada to join JAYASRI, with the group Marians, for performances in Toronto and Vancouver. Both concerts were ‘sold out’ events.
They were in the Maldives, too, last Saturday (03).

Alpha Blondy:
In action, in
Colombo, on
19th July!
JAYASRI, the full band tour to Lanka, is scheduled to take place later this year, with Rohitha adding “May be ‘Another legendary Rock meets Reggae Concert’….”
The band’s summer schedule also includes dates in Dubai and Europe, in September to Australia and New Zealand, and in October to South Korea and Japan.
Rohitha also enthusiastically referred to reggae legend Alpha Blondy, who is scheduled to perform in Sri Lanka on 19th July at the Air Force grounds in Colombo.
“We opened for this reggae legend at the Austria Reggae Mountain Festival, in Austria. His performance was out of this world and Sri Lankan reggae fans should not miss his show in Colombo.”
Alpha Blondy is among the world’s most popular reggae artistes, with a reggae beat that has a distinctive African cast.
Calling himself an African Rasta, Blondy creates Jah-centred anthems promoting morality, love, peace, and social consciousness.
With a range that moves from sensitivity to rage over injustice, much of Blondy’s music empathises with the impoverished and those on society’s fringe.
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