Connect with us

News

Country’s crises cannot be resolved only by agreeing to agendas of multilateral agencies – Eran  

Published

on

SJB MP Eran Wickramaratne said that the country’s crises cannot be resolved only by agreeing to the agendas of multilateral agencies that provide assistance to find solutions to the crises that Sri Lanka is currently facing.When holding discussions with the International Monetary Fund, the government should adopt a strategy to discuss not only their agenda but also to include our agenda of national interest.

Participating in parliamentary debate on President Ranil Wickremsinghe’s police statement, the MP said: The International Monetary Fund has advised us to revise the electricity tariffs. It has also been said to restructure the balance sheet of the petroleum corporation. It is also said to increase the perimeter of the external credit limit. As of now, our foreign debt is about 30% of the total debt.

“Dealings have to be negotiated with other parties who agree to assist in resolving issues. The unique problem for Sri Lanka is the non-availability of dollars. There are also issues with financial problems and a balance of payments related to the budget. But we have no problem with banks. If we do not engage in negotiations to protect our banking system, the emergence of another crisis cannot be avoided.”

Wickramaratne said that Sri Lanka should not ever consider the domestic debt restructuring proposal in particular. “We must be firm in that position. Otherwise, while trying to solve one problem, the country may be pushed into another problem. If a banking crisis occurs, it will take another decade to resolve it,” he said.

“In the economic crisis we are facing, the huge problem is the national debt. According to government statistics on public debt, the percentage of debt received from China is 10%. 13% from the Asian Development Bank, 9% from the World Bank, and 47% from sovereign bonds (ISB). , 10% from Japan, 2% from India and 9% from all other countries.”



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Intelligence services uncover several all-out plots to kill ‘Wele Suda’ held at Boossa high security prison

Published

on

Wele Suda

Intelligence agencies have uncovered several assassination plots targeting one of the country’s drug traffickers, Gampola Vidanelage Samantha Kumara, alias Wele Suda, who is currently being held in the high-security wing of Boossa Prison, security sources said.

According to confidential reports issued by the Chief of National Intelligence and the Prisons Intelligence Unit, the plots, allegedly orchestrated by underworld figures operating from overseas, are being planned, both inside and outside the prison.

The reports have identified Mohommad Najim Mohommad Imran, alias Kanjipani Imran, and Chaminda Ravi Jayanath, alias Dematagoda Chaminda, as the suspected masterminds behind the conspiracy.

Investigators said that during the interrogation of suspects, arrested on 03 November, 2025, with a haul of 335 kilograms of narcotics, it was revealed that several Rocket Propelled Grenade (RPG) launchers and T-56 assault rifles had been smuggled into the country, by sea, as part of preparations to eliminate the underworld figure.

One of the principal plans, according to intelligence sources, involved launching an RPG attack on the prison bus transporting Wele Suda to court.

In view of the threat, authorities have restricted the prisoner from being taken outside the prison premises. Arrangements have been made for his court proceedings to be conducted, via Skype technology, from within the prison itself.

However, intelligence agencies warn that the threat to his life remains acute even under these measures.

Sources said that when inmates are escorted to the Skype room for court hearings, several prisoners are brought there simultaneously. The conspirators are believed to be planning to exploit the congestion, or confusion, during such occasions, to have another inmate inject poison into Wele Suda using a fine needle.

Another alleged plot involves an attempt to poison his food through Gayan Sudheera, an associate of an inmate, identified as Lalith Kannangara, alias Bus Laliya, who is currently detained in prison.

Following the disclosure of the intelligence reports, the Prisons Commissioner (Operations, Intelligence and Security) has issued a special communication to the relevant courts, directing that the suspect be kept separate from other inmates when produced for proceedings.

Security checks are also to be intensified, under the strict protection of the police STF.

Meanwhile, the Prisons Intelligence Unit has launched a special investigation after receiving information that advance payments, amounting to several millions of rupees, had already been made in connection with the assassination plot, security sources said.

Continue Reading

News

Person posing off as journalist arrested over Korean job racket

Published

on

The Sri Lanka Bureau of Foreign Employment (SLBFE) recently apprehended a person who tried to entice youth, through parliamentarians representing the South, to join a non-existent project, involving Lions International, to secure employment in South Korea.

According to a statement issued by the SLBFE, the 49-year-old suspect has identified himself as a journalist. The SLBFE launched investigations after several MPs received letters (from the arrested person) requesting them to direct youth to an introductory programme that was to be held in Matara.

Those interested in joining the programme have been asked to pay Rs 20,000 each, while promising them vouchers worth Rs 35,000, issued by Lions International, for them to join Korean language classes.

Continue Reading

News

Sri Lankans caught poaching by Bangladesh Navy due today

Published

on

The government has succeeded in securing the release of six fishers apprehended by Bangladesh while poaching in its waters in July last year.

Government sources said that the released fishermen were scheduled to return home today (02).

The group had set sail on 16 July, 2025, onboard the multi-day fishing vessel ‘Sudu Duwa 4,’ and were subsequently apprehended by the Bangladesh Navy.

The fishermen were detained at the Chittagong central jail, in Bangladesh.

Sources said that the release was made possible through successful diplomatic interventions, coordinated by the Ministry of Fisheries, Aquatic and Ocean Resources, the Ministry of Foreign Affairs, and the Sri Lankan High Commission in Bangladesh.

Continue Reading

Trending