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Godahewa compares move on SriLankan Catering with H’tota port sell-off
‘IMF deal no panacea for all our ills’
By Shamindra Ferdinando
Gampaha District MP Dr. Nalaka Godahewa has accused the cash-strapped government of planning to sell-off profitable state enterprises to raise funds. Comparing the proposed privatization of SriLankan Catering with the sell-off of the Hambantota port, in 2017, by the Yahapalana government, Dr. Godahewa pointed out that such strategies would be disastrous, in the long term, as the Treasury lost annual income from such highly profitable ventures.
One-time Viyathmaga activist estimated the annual SriLanka Catering profits at Rs. 3bn. The government has also been accused of planning to sell-off other cash cows, like the SLT and the SLIC.
At a meeting organized by the ‘Nidahas Janatha Sabhawa,’ in Kandy, over the last weekend, lawmaker Godahewa dealt with the developing economic-political and social crisis with the focus on the controversial staff-level agreement with the International Monetary Fund (IMF) for a USD 2.9 bn loan facility. Among those present were SLPP rebel group members Prof. G.L. Peiris, Prof. Charitha Herath and Prof. Channa Jayasumana.
Acknowledging the daunting challenge, faced by President Ranil Wickremesinghe’s government in coping up with the unprecedented economic fallout, Dr. Godahewa stressed that the incumbent administration couldn’t, under any circumstances, deprive the right of the Parliament to receive a copy of the agreement with the IMF.
The IMF, on September 01, announced the finalization of the agreement for what it called Extended Fund Facility (EFF) for USD 2.9 bn meant to restore macroeconomic stability and ensure debt sustainability. Demanding that the agreement be tabled in Parliament, without further delay, Dr. Godahewa alleged that the government was making a silly attempt to portray the EFF funding, made available over a four-year period, as panacea for the economic fallout.
“The developing crisis is so acute, the economic recovery cannot be solely dependent on the IMF loan facility,” Dr. Godahewa told The Island, urging the government to take the public into confidence, without further delay.
“If the Parliament is responsible for public finance and enactment of laws, there cannot be any justifiable reason to deprive its members of their right to know the contents. The issue at hand is whether the Cabinet-of-Ministers is aware of the IMF deal,” Dr. Godahewa said.
Addressing the gathering in the hill capital, lawmaker Godahewa said that the public response, as well as of theirs to the staff-level agreement, would depend on the contents of the agreement.
He urged the government to disclose the agreement on increasing of taxes, as well as services provided by the government and the impact on the hapless public. Profit-making state enterprises, guarantee a transparent process in respect of the proposed restructuring of both loss- /profit-making state enterprises, agreement on pruning of the public sector, compensation for those to be retrenched, free health and education, he said.
Dr. Godahewa said that the government couldn’t go ahead with such a far reaching agreement, without consulting all political parties represented in Parliament. The Parliament couldn’t be deprived of its legitimate right to be informed and assert overall authority regarding the agreement, Dr. Godahewa said, finding fault with the government for not taking the Parliament into confidence, before the Central Bank announced Sri Lanka’s decision to suspend repayment of debt.
At the time the CBSL Governor, Dr. Nandalal Weerasinghe, made the announcement, Gotabaya Rajapaksa served as the President and head of the Cabinet-of-Ministers, whereas some described the move as a pre-emptive negotiated default.
Dr. Godahewa asserted that the government should have discussed the issue at hand with creditors before such an announcement was made. Such unilateral actions undermined political and economic stability, in addition to creditors losing confidence in the country.
Strongly condemning efforts to deceive the public, on the basis of the much-touted agreement with the IMF, Dr. Godahewa reminded the government that the promised USD 2.9 bn loan facility to be received, over a period of four years, whereas Sri Lanka needed approximately USD 4 bn for repayment of its outstanding debt this year.
Pointing out that Sri Lanka required USD 4-5 bn, over the next couple of years, to service its debt, Dr. Godahewa asked the government to divulge how it intended to address the daunting task.
The MP warned President Wickremesinghe, and the SLPP, not to refrain from settling the debt during the remainder of Gotabaya Rajapaksa’s presidency.
The SLPP, on July 20, ensured the election Wickremesinghe by Parliament, as the 8th President, to complete the remainder of his predecessor’s term. Gotabaya Rajapaksa was elected in Nov 2019 for a five-year period, with a thumping majority.
Dr. Godahewa said that a tangible action plan was needed as the country experienced a USD 5 bn deficit in income and expenditure. Therefore, the SLPP-led government couldn’t overcome the crisis, through political jugglery, and effective measures were required to increase the income. The one-time Chairman of the highly profitable Sri Lanka Insurance Corporation asserted that foreign reserves should be increased to at least USD 10 bn. That would be the key to solving the crisis, Dr. Godahewa said, strongly criticizing the government for not addressing the issue seriously.
Lawmaker Godahewa said that the government shouldn’t exploit the balance of payments crisis to sell off national assets. Referring to the giving away of the Hambantota port on a 99-year lease by the Yahapalana administration, Dr. Godahewa asked whether anyone knew how USD 1.1, received from the Chinese deal, was spent.
During thenCOPE proceedings, several months ago, both the Finance Ministry and SLPA officials admitted that they weren’t aware how USD 1.1 bn was spent.
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“We hope that first day of school becomes a cherished memory in the lives of our beloved children” – PM
Prime Minister and Minister of Education, Higher Education and Vocational Education Dr Harini Amarasuriya said that she hoped that the first day of school becomes a beautiful and lasting memory in the lives of our beloved children as they take the important step from their homes and parents into the care and guidance of their teachers and wished them every sucess in the journey ahead.
The PM’s message:
“Dear children and parents,
We hope that the first day of school becomes a cherished memory in the lives of our children. With this in mind, we are making every effort to improve school environments and strengthen the teaching–learning process, so that children can experience their school years in a safe, joyful, and meaningful manner.
We are committed to reducing the burden of heavy schoolbags, while ensuring that children continue to develop the knowledge, attitudes, and skills needed for their future and for their eventual entry into the workforce.
Dear Parents, our goal is to provide every child with a rich education in a prosperous and just society. We firmly believe that a child’s educational opportunities should not be determined by the economic circumstances of their family, and that no child should be excluded from education. Accordingly, the Government has taken responsibility for putting in place the necessary measures to guarantee equal access to education for every child. We value the constructive ideas and suggestions of all stakeholders as we work towards this shared objective.
We are committed to engaging with these ideas openly and constructively, and to making the learning experiences of children who grow through play, movement, and curiosity more practical, meaningful, and engaging, while ensuring that classrooms remain spaces of happiness and encouragement.
My dear children, as you step beyond the comfort of your mother’s embrace and place your trust in your teachers and parents, I wish you success, confidence, and fulfilment in all that lies ahead.
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The National Strategic Action Plan to monitor and combat human trafficking (2026-2030) officially launched
The Prime Minister Dr. Harini Amarasuriya participated in the official launch of the National Strategic Action Plan to monitor and combat human trafficking (2026-2030) held on 28th of January at the Cinnamon Life Hotel, Colombo. The event was jointly organized by the Ministry of Defence, National Anti Human Trafficking Task Force ( NAHTTF), International Organization for Migration (IOM).
This five-year Action Plan was unveiled under the leadership of the Ministry of Defence, in its capacity as Chair of the NAHTTF and with the technical support from the International Organization for Migration (IOM). The National Strategic Action Plan 2026-2030 establishes a unified national framework to prevent human trafficking, protect and assist victims, strengthen law enforcement responses, and enhance accountability.
Addressing the event, the Prime Minister reaffirmed the Government’s commitment to strengthening national efforts to prevent and address human trafficking and stated that the Action Plan must transcend its symbolic launch into concrete, coordinated, and sustained implementation.
The Prime Minister also noted that the launch of the National Strategic Action Plan is timely, as it operationalizes the four internationally recognized pillars of the anti-trafficking framework namely prevention, protection, prosecution, and partnership.
The Prime Minister further stated,
“Caring for trafficking survivors in Sri Lanka requires a holistic, gender-sensitive, and survivor-centered approach that addresses both immediate protection and long-term recovery. This includes safe shelter, medical care, and trauma-informed psychological support, with particular attention to women and girls who experience more severe and gendered forms of violence, alongside legal assistance, economic empowerment, and skills development to prevent re-trafficking.
Human trafficking is a structural and social challenge that requires sustained, multi-sectoral action. Ministries and government agencies must embed anti-trafficking priorities into their core strategies and day-to-day operations, ensuring institutional integration and professional accountability”.
The event was attended by Parinda Ranasinghe Jnr, PC, Attorney General of the Democratic Socialist Republic of Sri Lanka, the Secretary to the Ministry of Defence and Chair of the NAHTTF, Air Vice Marshal Sampath Thuyacontha; and Kristin Parco, IOM Chief of Mission in Sri Lanka and Maldives. Members of the NAHTTF representing 23 key government entities, along with representatives of the diplomatic community, United Nations entities and Civil Society Organizations (CSOs).
(Prime Minister’s Media Division)
News
No changes to IMF agreement despite Cyclone Ditwah impact
The International Monetary Fund (IMF) has declared that the Extended Fund Facility (EFF) wouldn’t be amended in view of the impact of Cyclone Ditwah.
The IMF delegation, at the end of its visit to Sri Lanka, informed President Anura Kumara Dissanayake of its decision during a meeting at the Presidential Secretariat yesterday (28). The IMF delegation included Director of the Asia and Pacific Department Krishna Srinivasan, Deputy Director for Asia and the Pacific Sanjaya Panth, Mission Chief Evan Papageorgiou, and Resident Representative Martha Woldemichael.
The 48-month arrangement, approved on 20 March, 2023, during Ranil Wickremesinghe’s tenure as the President, is for SDR 2.286 billion (approximately US$3 billion). In terms of the agreement, repayment of debt has to be resumed in 2028. Sri Lanka unilaterally suspended debt repayment in April 2022.
Close on the heels of Cyclone Ditwah, the main Opposition party, the Samagi Jana Balawegaya (SJB), repeatedly pressed the government to request the IMF to amend the agreement.
The Presidential Media Division ( PMD) quoted the IMF delegation as having said that the strong fiscal discipline maintained by the government over the past year had been a key factor in addressing the challenges caused by Cyclone Ditwah. They said that the government’s ability to present a supplementary estimate of Rs. 500 billion was made possible by a surplus in the Treasury.
The Government of Sri Lanka was represented by Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, Secretary to the Ministry of Finance Dr. Harshana Suriyapperuma, Governor of the Central Bank Dr. Nandalal Weerasinghe, Senior Economic Adviser to the President Duminda Hulangamuwa, along with several others.
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