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Hand over economic management to independent technocrats: SJB MP
By Sanath Nanayakkare
Samagi Jana Balavegaya MP Patali Champika Ranawaka said in Colombo recently that managing the economy of the country should be handed over to a group of independent technocrats.
“The general public and the business people are growing increasingly less confident about the capacity of the political leadership to pull the country out of the current economic crisis. So, the situation calls for the government to turn over the management of the economy to a group chosen through a process that emphasises their relevant skills and proven performance to put the economy back in shape,” Ranawaka said.
The MP said that such technocrats needed to be truly independent and need not just serve the interests of popular politics because if a sovereign default happens, all Sri Lankans, those who voted for the government and those who didn’t, would have to face grave repercussions.
Ranawaka made these comments at an Advocata forum themed, “A National Consensus for Economic Reforms.
Ranawaka said that Sri Lanka has got into a precarious financial situation today where it can’t raise enough capital either in the domestic market or in the international capital market.
“In the next eight months, we have to honour commitments on International Sovereign Bonds and Sri Lanka Development Bonds worth nearly USD $ 3 billion with only USD $ 1.5 billion cash in hand. In this backdrop, Sri Lanka runs the risk of a default and potential bankruptcy at some point. Even if the authorities begin talks on renegotiating and rescheduling of our foreign loans, that would technically mean declaring bankruptcy. When Prime Minister Mahinda Rajapaksa asked the government of India to postpone Sri Lanka’s debt by three years, that also tantamount to acknowledging bankruptcy. If the country hits bankruptcy, it will have a negative impact across the board. It won’t be easy recovering after a default and bankruptcy. It could lead to multiple defaults. Defaults by Argentina on its foreign debt as well as the debt crisis in Greece led to a loss of confidence in their economies. They haven’t recovered fully. They may recover for some time and they falter again. Elections were held in Greece from time to time to resolve the economic issue. Masses elected leaders from the left, centre and right in the political spectrum, but nothing has worked meaningfully. The economic malaise has dragged on for 10 years in Greece. Argentina is no different. If a sovereign debt default occurs in Sri Lanka, we may face a similar situation. It would be unwise to think that when the situation aggravates, it would help the Opposition to come to power. Whoever comes to power, would have to bear the same pain and pressure, so a sovereign default must be averted,” he said.
He said that the government is still not serious about this serious situation.
“Our concern is whether political leaders and responsible authorities are paying the issue the attention it deserves. This crisis can’t be solved by providing each Grama Niladhari division with Rs. 3 million to spend on building rural infrastructure. If a default happens, its negative spillover could see the loss of thousands of jobs triggering a social explosion. The racial and religious tensions which are under wraps could flare up again and foreign investors would try to capitalise on the situation. A fine example for this is; about six months ago the Urban Development Authority put up more than 50 strategic national properties for sale under what was called ‘Selendiva’. It was said that USD 5 billion would be raised from its proceeds. Nevertheless no buyer has made any bids to date. We are often told that USD 3.6 billion is coming from Oman, USD 2.5 billion is coming from some other country and so on. But these have not materialised yet. Why? Everyone has realis-ed that Sri Lanka is on its way towards bankruptcy. And investors know that they can buy these assets for five million dollars once that happens. It is very clear that nobody is coming to buy these assets right now. There are no friends left here for us. In 2019, during our administration, we arranged four investments for the much hyped Port City and the foundation stones were laid. I can tell you that those investments or anything else won’t come to Port City next year. All countries in the world are experiencing varying degrees of volatility and instability as the virus has again plunged the world back into uncertain territory. No friends have been left for us in the midst of it.
“So coming to a national consensus on structural reforms needed to get out of the economic crisis is critical right now. It’s up to the government to show the right signals that it is ready to move along the correct political and fiscal path to get the support of everyone to do it,” he said.
News
CTU: Teacher shortage casts doubt on govt.’s education reforms
By Chaminda Silva
The government’s ambitious plans to overhaul Sri Lanka’s school education system and introduce new curricula could face serious implementation difficulties, with teacher unions warning that a longstanding and severe shortage of teachers remains unresolved.
The warning came as Prime Minister Dr. Harini Amarasuriya announced yesterday that new curricula would be introduced for Grades 2 and 6 next year, while also stating that the government planned to recruit around 30,000 new teachers across the education system by February.
However, the Ceylon Teachers’ Union (CTU) questioned whether the government would be able to provide the teachers required to implement the proposed reforms, claiming that the recruitment process itself had become mired in problems.
CTU General Secretary Joseph Stalin accused the government of making misleading claims about teacher recruitment and said the shortage that had affected schools for more than a year would continue into next year.
“There is currently a severe teacher shortage in the school system,” Stalin told a press conference in Colombo yesterday.
He said the government had previously acknowledged that there were about 46,000 teacher vacancies in the school system, but the figure was later revised to around 36,000.
“Those vacancies have remained unfilled for more than a year and a half. The school system has continued to operate with a severe teacher shortage throughout this period,” he said.
Stalin questioned how the government intended to introduce new curricula while thousands of existing teaching vacancies remained unfilled.
He said the Government had initially announced plans to recruit 23,000 teachers, despite the number of vacancies being significantly higher.
Although a gazette notification, relating to the recruitment had been issued, only around 17,000 applicants had been summoned for the initial round of interviews, he added.
Stalin said interviews were expected to begin in November and that appointments would, therefore, be made only from January onwards.
“If there are more than 36,000 teacher vacancies, the Government has decided to recruit only 23,000 teachers, and only around 17,000 have been called for interviews.
Who will take responsibility for the remaining vacancies?” he asked.
He said the problem was not merely one of numbers but also involved the Government’s recruitment procedure.
According to Stalin, shortcomings and ambiguities in the gazette notification issued for the recruitment examination had contributed to the present crisis.
“We primarily believe that the lack of proper procedures in the gazette notification issued for the recruitment examinations has contributed to this crisis. The ambiguities in the notification itself have led to the recruitment process becoming a major issue,” he said.
The shortage was also affecting the transfer system, Stalin mentioned.
A large number of teachers had been unable to obtain transfers because replacements were not available, with some teachers remaining at the same school for 12 or 13 years, he claimed.
As replacements had not been recruited, such teachers would have to remain at their present schools for another year, he said.
“This is a serious crisis. However, the situation is even more critical for students who are left without teachers,” Stalin said.
He also questioned the Government’s plans to close schools with fewer than 50 students.
“We suspect that this move is to take the teachers from these schools and redeploy them to other schools to fill vacancies there.”
The union’s concerns come at a time when the Government is pushing ahead with a major overhaul of the education system.
Addressing the Badulla District Women’s Conference yesterday, Prime Minister Amarasuriya said the Government would introduce new curricula for Grades 2 and 6 next year as part of its wider education reforms.
She said a new curriculum had already been introduced for Grade 1 this year, while new curricula for Grades 2 and 6 would be introduced over the next two years.
The Prime Minister said the Government was developing a new education system aimed at securing the future of all children, with the emphasis shifting away from producing students, focused solely on examinations.
The Government’s objective was to nurture a generation capable of facing future challenges successfully and confidently, she said.
The Prime Minister also announced that interviews for the recruitment of 17,000 teachers would commence on November 20.
She said approval had also been granted to recruit 2,000 academic staff members for the university system, with that recruitment process already under way.
The Government plans to recruit approximately 30,000 new teachers across the education system by February next year, she said.
A special programme would also be implemented to improve infrastructure facilities in schools, the Prime Minister added.
The contrasting positions highlight a potentially significant gap between the Government’s education reform timetable and the capacity of the existing school system to deliver it.
While the Government has set out a timetable for introducing new curricula and recruiting tens of thousands of teachers, the CTU argues that the existing shortage, delays in recruitment and unresolved transfer problems could leave schools struggling to provide adequate teaching staff when the reforms take effect.
With the Government planning to introduce another round of curriculum changes next year, the ability to fill vacancies in time could, therefore, become a crucial test of whether its broader education reform programme can be implemented as planned.
News
Norochcholai to remain offline for several days after blackout
The Norochcholai coal power plant will remain disconnected from the national grid for several days following Saturday’s countrywide power failure, as authorities continue to follow safety procedures after the incident.
The National System Operator (NSO) said the 810-megawatt plant had been shut down as a precaution after the sudden power outage on October 17 and would not be reconnected to the grid until the necessary safety measures were completed.
The temporary loss of 810 MW of generating capacity would be managed through careful electricity supply arrangements to minimise the impact on consumers over the coming days, the NSO said.
It said the prevailing rainy weather was expected to help sustain hydropower generation at high levels, while a projected decline in electricity demand would further ease pressure on the system.
The countrywide blackout occurred at around 11.43 a.m. on October 17 after a generating unit disconnected from the national grid, creating an imbalance that caused the entire power system to collapse within less than 30 seconds.
Restoration efforts began shortly afterwards. By 12.11 p.m., major hydropower generating units had been brought back online and the power system was restarted simultaneously in four separate sections.
The restoration process was complicated by small-scale power generation facilities that were not under the direct control of the system control centre. However, electricity supplies were progressively restored through the activation of distribution feeders from 12.37 p.m.
By around 3 p.m., power had been restored to essential services, including major hospitals, water treatment plants and the airport.
Grid substations across the country had been reconnected by around 5 p.m., restoring electricity to the majority of consumers, the NSO said.
The operator stressed that the sudden disconnection of a generating unit as a safety measure was a normal occurrence at power plants. However, such a disconnection resulting in a complete collapse of the national power system was not considered normal.
An internal investigation has, therefore, been launched to establish the sequence of events that led to the islandwide outage and determine its underlying causes, the NSO said.
News
President links businessman held with arms to politicians
By Norman Palihawadane
President Anura Kumara Dissanayake yesterday said a businessman, arrested with a caches of firearms, ammunition and hand grenades, had links to a politician, as authorities continued investigations into the seizure.
Addressing a public gathering in Badulla, the President said the suspect was among those being investigated in connection with operations targeting organised crime and that authorities were aware of his political connections.
He also referred to a video footage allegedly showing the suspect firing at people in the Weliweriya area, describing it as an example of the dangerous activities associated with individuals possessing illegal firearms.
The 38-year-old businessman, who is reportedly the owner of a cinema, and a relative of a politician, was arrested following a search conducted by officers of the Colombo District Crime Division at the cinema on Hanwella Road, in the Kirindiwela Police Division, on October 17.
Police said the search had been carried out based on information received by investigators.
The weapons and ammunition seized included two foreign-made pistols, a revolver, a foreign-made repeater firearm and a foreign-made 12-bore firearm.
Police also recovered hundreds of rounds of ammunition, including 398 rounds of 12-bore ammunition, 278 rounds of 9mm ammunition, 49 rounds of .32-calibre ammunition and 3,083 rounds of .22-calibre ammunition, along with two live hand grenades.
The suspect, a resident of the Millathe area, is being questioned as investigations continue.
The Police Media Division said police would seek a detention order to facilitate further questioning of the suspect and advance the investigation.
The Colombo District Crime Division is conducting further investigations into the cache of weapons and the suspect’s alleged activities and connections.
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