News
Bankrupt Sri Lanka’s inflation dips to 66 percent
By Amal Jayasinghe
Inflation in crisis-hit Sri Lanka dipped marginally for the first time in 12 months but prices were still an eye-watering 66 percent higher than a year ago, official data showed Monday.
The island nation of 22 million people has suffered months of extreme economic hardship with severe shortages of essentials including food, fuel and medicines.The Department of Census and Statistics data showed October inflation was nearly four percentage points lower than the record 69.8 percent in September.
Food inflation which had also reached a record high for the 12th consecutive month in September at 94.9 percent moderated to 85.6 percent in October.The department did not give reasons for the slowdown in inflation, but authorities had reduced fuel prices twice in October, cutting prices by 20 percent.However, the price of petrol is still double the amount before the start of the crisis late last year, while diesel — used commonly for public transport — is still three and a half times more.
Sharp price increases for both food and fuel has led to a drop in demand and queues for petrol and diesel and cooking gas have sharply reduced in recent weeks.The World Bank has warned that the economy could shrink by 9.2 percent this year, worse than the 8.7 percent contraction the central bank of Sri Lanka had forecasted.An unprecedented downturn forced the government to default on its $51 billion foreign debt in April and go to the International Monetary Fund (IMF) for a bailout.
Blackouts, chronic fuel shortages and high prices triggered months of political unrest, ultimately forcing the president Gotabaya Rajapaksa to flee the country and resign in July. The IMF has tentatively approved a four-year, $2.9 billion bailout to help Sri Lanka reorganise its finances, subject to an agreement with its creditors.It had also asked the government to contain spiralling inflation and address corruption as part of efforts to salvage the troubled economy.
News
Teachers’ unions ‘ready to bring govt. to its knees’
Teachers, principals up in arms against alleged NGO driven education reforms
Teachers, principals and education professionals on Friday vowed to commence a nationwide campaign against the government’s plans to reform the education sector at the expense of what they described as cultural values.
President of the All-Ceylon United Teachers’ Association Ven Yalwala Pannasekera thera addressing a press conference yesterday said that trade unionists would join forces to urge the government to withdraw its educational reforms.
“We are ready to form a common front with education professionals, teachers and principals against this government. We demand that the government withdraw these reforms or get ready to go home,” Ven Pannasekera said.
“Some modules promote homosexuality. Contents in some of the modules being distributed have been copied from Indian text books.
We ask the government to explain why it had paid the National Education Institute curriculum designers,” Ven Pannasekera said.
Meanwhile, representatives of 16 teachers’ and principals’ unions visited the National Child Protection Authority yesterday to lodge a complaint demanding a probe into the inclusion of materials promoting homosexuality in school books.
Concerns were also raised at a National Sangha Council meeting held in Colombo last week at the Colombo Foundation Institute, organised to discuss the objectives of the proposed reforms.
Addressing the gathering, Professor Venerable Induragare Dhammaratana Thera said the reforms required extensive discussion, consultation with subject experts and consideration of the experience of senior administrators.
He warned that the proposed education reforms could trigger the biggest crisis currently facing the country. “Implementing these reforms in this manner will harm future generations and could even destroy the present government,” he said, likening the process to “forcing a round peg into a square hole.”
News
Education Ministry drops idea of extending school hours
The Ministry of Education on Friday decided not to extend school hours for the 2026 academic year, citing the ongoing impact of recent disasters on schools and transport systems in several provinces.
According to the Ministry, school hours for Grades 5 to 13 will remain unchanged at 7:30 a.m. to 1:30 p.m. until both education and transport networks are fully restored.
Government schools, government-approved private schools, and pirivenas are set to begin the first term of 2026 on January 5. Students in Grades from 6 to 13 will have seven 45-minute periods a day.
Education reforms will be introduced for Grades 1 and 6 in 2026.
The Ministry confirmed that activity books for Grade 1 and learning modules for Grade 6 will be distributed before lessons begin. Textbooks for all other grades have already been fully handed out.Meanwhile, the remaining sessions of the 2025 G.C.E. Advanced Level examination are scheduled to take place from January 12 to January 20, 2026.
by Chaminda Silva ✍️
News
SLRC to disburse Rs 2420 mn in relief funds to 28,000 families
The Sri Lanka Red Cross Society will provide relief funds totaling Rs. 2,420 million to assist 20,000 families displaced and 8,000 families who have lost their livelihoods due to cyclone Ditwah.
Accordingly, the Society has arranged to give Rs. 1,620 million to 20,000 displaced families, at the rate of Rs. 85,000 per family, and Rs. 800 million to 8,000 families who lost their livelihoods, at Rs. 100,000 per family, Sri Lanka Red Cross Communications Head Navindra Senarathne told the Sunday Island on Friday.
He said the funds for the 20,000 displaced families would be distributed in three instalments.
A total of 20,000 families across the country, including 1,505 families in the Trincomalee District, have been selected for this relief, with beneficiaries identified by the decision-makers of the Sri Lanka Red Cross Society, he added.
In addition, the Society is preparing to install toilet systems in 400 safe centers and provide 15,000 sets of school equipment worth Rs. 7.5 million, Navindra Senarathne told the Sunday Island.
By Sirimantha Rathnasekera ✍️
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