Connect with us

News

‘Entrusting govt. with task of managing economy is like handing over a smartphone to a cobbler for repairs’

Published

on

by Saman Indrajith

The SJB says the government is unable to steer the country in the right direction, even on the advice of the International Monetary Fund (IMF) as it is incapable of managing the economy. Entrusting it with economic management is like handing over a smart phone to a cobbler for repairs.

Addressing the media at the Opposition leader’s office in Colombo on Sunday (27) SJB MP and former State Minister of Finance, Eran Wickremeratne, said that the time had come for another group of internationally recognised competent people to take control of the country’s economy as the international community has no confidence in the country’s rulers and that the country should be handed over to those who can handle the economic and financial management, professionally.

Wickremaratne said that people would not be able to recover from this crisis as long as those who mismanaged the economy and made wrong decisions were still in positions of power. “Especially the cronies of the government who had made it worse, and the government is still keeping them in the same places even though they have done great harm to the country and the people.”

MP Wickremeratne said that many government MPs had no understanding of the economy. “They are trying to justify the government’s incompetence by claiming that there was a decline in the GDP during the previous government. The economic development of a country cannot be measured by a single factor such as the GDP growth. The economic development of a country and its benefits can be accurately measured by the progress in a number of sectors such as foreign reserves, exchange control, assets and liabilities, fiscal deficit, government revenue etc., MP Wickremeratne said.

The report of the International Monetary Fund on Sri Lanka, which the government claimed it had not received, had now been published, Wickremeratne said. “The 95-page report reveals several matters that repeatedly pointed out by the SJB for more than a year in Parliament and elsewhere.”

The report clearly states that the root cause of the current crisis in Sri Lanka is the decrease i government revenue due to tax cuts. “The IMF says there is no scientific basis for such a tax cut, which reduced the country’s income by Rs. 600 billion being one-third of the total state revenue,” MP Wicremeratne said.



Continue Reading
Advertisement
Click to comment

Leave a Reply

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

News

Indonesian Navy Sailing Ship KRI BIMA SUCI – 945 concludes official goodwill visit to Sri Lanka

Published

on

By

The Indonesian Navy Sailing Ship KRI BIMA SUCI – 945 departed the island on 18 Apr 2026, marking the successful completion of her official goodwill visit.

The ship was accorded a formal farewell by the Sri Lanka Navy in accordance with naval traditions at the Port of Colombo.

The visit also served as a valuable educational platform, as officer under-trainees and other personnel of the Sri Lanka Navy had the opportunity to conduct an observational
tour of the sailing vessel. This exchange of knowledge was complemented by a series of events designed to foster professional and social bonds.

Continue Reading

Latest News

Heat Index at Caution Level in the Northern, North-central, North-western, Western, Sabaragamuwa, Eastern and Southern provinces and in Monaragala district

Published

on

By

Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 18 April 2026, valid for 19 April 2026

The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Northern, North-central, North-western, Western, Sabaragamuwa, Eastern
and Southern provinces and in Monaragala district.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.


Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.

Continue Reading

News

‘Agents of the devil’ seeking to block Easter probe, Cardinal warns

Published

on

Warning that “agents of the devil who wish to hide the truth behind a wall of political posturing” were attempting to obstruct investigations into the Easter Sunday terror attacks, the Catholic Church has called for intensified public support and prayer to ensure justice for victims.

In a message issued ahead of the seventh anniversary of the April 21, 2019 bombings, Colombo Archbishop Cardinal Malcolm Ranjith said there were ongoing efforts by various forces to derail credible inquiries into the coordinated attacks that claimed 278 lives and left nearly 500 injured.

The statement noted that many of those killed had been attending Easter Sunday Mass when suicide bombers struck churches, including St. Anthony’s Shrine, Kochchikade, St. Sebastian’s Church, Katuwapitiya, and Zion Church, Batticaloa, causing widespread devastation and long-term suffering among survivors.

Seven years on, the Caridnal said, critical questions remain unanswered, including who masterminded the attacks, their motives, and why places of worship were targeted on Christianity’s most sacred day.

Full text of Cardinal Malcolm Ranjith’s message: On 21st April 2026, the Church in Sri Lanka will be commemorating the 7th Anniversary of the Easter Sunday bomb blasts, which killed 278 of our fellow human beings and brethren in the faith in the most brutal fashion. Most of these people had come to our Churches for Easter Sunday Masses and prayer services. Many families were rendered destitute. Nearly 500 people were injured and some of them carry life long disabilities, suffering from the after effects of these blasts. St. Anthony’s Church Kochchikade and St. Sebastian’s Church Katuwapitiya of the Catholic community and the Zion Church in Batticaloa were, quasi totally destroyed. The economy of the country suffered immensely with untold problems affecting many families, ever since then. However much we try to console the families of these victims, it is something that we humans are unable to achieve as only the Lord can truly console them.

Besides, we still do not know who murdered these people and caused so much of suffering to many others, and why and for what purpose they chose our Churches on a day that was most sacred to us to organize these attacks. After repeated pleas by the Catholic Church, now at last, the incumbent government and the security establishment, seem to be holding a credible inquiry into this episode of mass murder in order to find out who was really behind it.

And there are many forces actively seeking to obstruct these inquiries and divert the direction of the inquiry in an aimless fashion in order to hide the truth behind these attacks. They are nothing but the agents of the devil who wish to hide the truth behind a wall of political posturing. We need to storm Heaven and ask the Lord to strengthen the hands of the investigators to find out what really happened and who was behind this mass murder as well as why it was done to innocent people who had nothing to do with politics.

Hence, I call upon all of you to kindly storm Heaven with your prayers calling upon the Lord to help us find out what really happened that most tragic day. And so, I am declaring Sunday, the 19th of April 2026, as a special day of prayer for this purpose. I shall be most grateful to every one of you, beloved brethren, if you could recite special prayers in all the parishes of the Archdiocese at Sunday Mass on that day and offer prayers at home too for the success of these investigations. The special prayer for truth and justice for the victims of the bomb attacks, already approved by the Catholic Bishops’ Conference, could also be recited. I call upon all our Catholic devotees to join us in this effort.

Let us stand together firmly behind the efforts to find out the truth. Let us not be deceived by attempts of different people to hide the truth or divert attention in all kinds of directions in order to confuse the public.

May the Blessed Mother, our Lady of Lanka, intercede for us in this most important matter.

Continue Reading

Trending