News
Forex crisis will lead to power cuts, warns Ranil
Udaya pooh-poohs warning
By Saman indrajith
UNP leader and former Prime Minister Ranil Wickremesinghe yesterday told Parliament that the country would face power cuts soon if the government did not resolve the foreign exchange crisis urgently.
Participating in the third reading debate on Budget 2022, the UNP leader said the forex issue could result in Sri Lanka running out of money to import fuel.
Wickremesinghe called on the government to make a statement on the current situation.
The UNP leader pointed out that Sri Lanka had only Rs. 1.5 billion in foreign reserves, out of which Rs. 300 million were gold reserves, which meant only Rs. 1.2 billion was the liquid amount in foreign reserves.
The former PM said the low foreign reserves could lead to the country facing power issues in the future as there would be no funds left for fuel imports. However, the Minister of Power, Udaya Gammanpila, assured that Sri Lanka had enough fuel stocks.
The Minister said it was reasonable for people to assume that there would be power cuts in the future due to the foreign exchange crisis.
Reiterating that Sri Lanka had necessary fuel stocks, Minister Gammanpila said the fuel in hand was sufficient for the next 40 days.
Although the Sapugaskanda Oil refinery had been closed for 50 days, measures would be taken to resume operations at an early date, the Minister added, assuring that the foreign exchange crisis would not result in power cuts.
News
Cabinet approves project to modernize school hostel facilities during the 2026–2028 period at an estimated cost of Rs. 1,008 million
Among the school hostels in the country, 126 hostel buildings are in an aged condition, with maintenance and renovation work remaining at a minimal level.
Consequently, it has been observed that constraints in the physical, sanitary, health, and safety facilities of these school hostels adversely affect the living standards and academic performance of the resident students.
Therefore, the necessity to modernize the essential facilities of these hostels has been recognized to foster a qualitative environment conducive to the students’ education and well-being.
Accordingly, the Cabinet of Ministers approved the proposal presented by the Prime Minister, in her capacity as the Minister of Education, Higher Education, and Vocational Education, to implement a project to modernize school hostel facilities during the 2026–2028 period at an estimated total cost of Rs. 1,008 million.
Latest News
New National Action Plan for Human-Elephant Conflict Management to be drafted
In the recent past, factors such as population growth, expansion of development activities, and deforestation in Sri Lanka have resulted in the loss of traditional migratory routes and the destruction of habitats of wild elephants.
Consequently, a continuous and rapid escalation of the human-elephant conflict has been observed over a long period, spanning 19 out of the 25 districts and 134 out of the 341 Divisional Secretariat Divisions in the country.
According to the wild elephant census conducted in 2024, the wild elephant population in the country is estimated to be approximately 7,450. It is reported that the human-elephant
conflict accounts for a significant number of human fatalities and wild elephant deaths annually.
Furthermore, over a thousand incidents of property damage caused by wild elephants are recorded each year.
Although a ‘National Action Plan to Mitigate Human-Elephant Conflict in Sri Lanka’ was formulated in 2020, the dynamics of the current human-elephant conflict have evolved substantially since then, necessitating the formulation of a new national action plan.
Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of Environment to take the necessary steps to draft a new National Action Plan for Human-Elephant Conflict Management.
Latest News
Cabinet green light to host 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific and the 14th Regional Aviation Security Coordination Forum – Asia and Pacific Regions from 23 – 26 June in Sri Lanka
Hosting the 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific and the 14th Regional Aviation Security Coordination Forum – Asia and Pacific Regions in Sri Lanka
An invitation has been extended to Sri Lanka to host two major regional aviation security summits: the 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific (CASP-AP) and the 14th Regional Aviation Security Coordination Forum (RASCF).
The Steering Committee of the Cooperative Aviation Security Programme – Asia Pacific serves as the primary decision-making body for the International Civil Aviation Organization’s (ICAO) cooperative aviation security program in the Asia-Pacific region.
Sri Lanka is scheduled to assume the chairmanship of the said Steering Committee for the 2026-2027 term during this summit.
The Regional Aviation Security Coordination Forum for the Asia and Pacific regions serves as a regional platform to deliberate on emerging threats, the implementation of ICAO Standards and Recommended Practices (SARPs), capacity-building activities, and coordination among member states and international
organizations.
Approximately 80 delegates, including representatives from 41 member states, international organizations, and observers, are expected to participate in these two summits.
Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of Ports and Civil Aviation to host the 21st Steering Committee Meeting of the Cooperative Aviation Security Programme – Asia Pacific on the 23rd and 24th of June 2026, and the 14th Regional Aviation Security Coordination Forum – Asia and Pacific Regions on the 25th and 26th of June 2026 in Sri Lanka.
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