News
Harsha urges dialogue between govt. and opposition on grave foreign exchange crisis
“Better understand problem….we’re all in this together”
Opposition SJB MP, Dr. Harsha de Silva, last week urged President Gotabaya Rajapaksa to initiate a dialogue with the opposition to find a way out of the country’s precarious foreign exchange crisis “to better understand the problem as we’re all in this together.”
Quoting several recent news reports and accusing the Central Bank Governor Ajith Nivard Cabraal of making “factually incorrect statements,” the respected economist MP said: “……. I urge President Gotabaya Rajapaksa to initiate a dialogue with us, the Opposition, to better understand the problem and find solutions together, as we are all in this together.”
He prefaced his request for a dialogue with the following remarks:
“The Governor of the Central Bank reiterates his factually incorrect statements to a certain newspaper today that there is no dollar shortage in the country. However, many other newspapers report otherwise. In fact, one of the leading newspapers states that we are in need of $20mn to clear 2,000 containers stuck at the port, while another claims that we are not able to import medicine as there is a shortage of dollars.
“Meanwhile, another prominent newspaper states that the Central Bank is preparing to sell more of our gold reserves, as we do not have sufficient financial resources to keep the country functioning. Who is the Central Bank Governor trying to fool? We are at the brink of an economic collapse with insufficient dollars to import essential commodities such as medicine, milk powder, fuel, food etc
“According to the Central Bank data, at the end of November 2021, we had a mere $1.5 bn of reserves left. Thereafter, at the end of December 2021, the Central Bank claimed that they possessed $3 bn of reserves after manipulating the data with a currency swap from China for an amount of $1.5 bn.
“However, at the end of January 2022, we possessed only $2.3 bn even with the currency swap with China, thus ending up with only $700 mn of usable reserves. Therefore, we are in a precarious situation as the Central Bank needs to settle a debt payment of $70 mn today (Feb. 9) and another Sri Lanka Development Bond payment on February 17 for $160 mn.
“These two payments themselves come to a total of $230 mn, thus depleting our reserves even further. Neither the Government nor the Central Bank has a plan to try and get us back on track and bring in dollars to not only pay off our debts but also money to pay for our essentials.
“Thus, I urge President Gotabaya Rajapaksa to initiate a dialogue with us, the Opposition, to better understand the problem and find solutions together, as we are all in this together.”
Latest News
Heat Index at Caution Level in the Western, Sabaragamuwa, Southern, Eastern, North-western, Northern and North-central provinces and in Monaragala district
Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 31 March 2026, valid for 01 April 2026.
The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Western, Sabaragamuwa, Southern, Eastern, North-western, Northern and North-central 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.
News
Urea shortage threatens Yala harvest: Experts
Govt. rations stocks as imports falter
By Ifham Nizam
The government faces a looming fertiliser crisis ahead of the 2026 Yala season, with a sharp shortfall in urea threatening paddy yields and food security.
Experts have warned that the fertiliser shortage will take its toll on the yala harvest.
With just over 100,000 tonnes of fertiliser in stock by early March—barely enough for paddy cultivation alone—and more than half of expected imports either cancelled or delayed, the government has moved to ration supplies through Agrarian Service Centres, based on last year’s consumption.
Leading crop scientist Professor Buddhi Marambe has warned that while rationing is unavoidable, it will reduce productivity. “Even last season we applied below recommended levels. This year, the gap will be worse,” he said.
Authorities are prioritising paddy, followed by maize and tea, as limited stocks are stretched across crops.
However, experts estimate yields could fall by 15–20% if nutrient shortages persist—raising the risk of higher food prices in the months ahead.
The crisis has been worsened by global disruptions, including Gulf conflict affecting fertiliser shipments and precautionary export restrictions by key suppliers, such as China.
Although the Government is pursuing deals with countries like Russia, supplies remain uncertain.
With global urea prices surging and production costs rising, smallholder farmers are expected to be the hardest hit.
“This is a wake-up call,” Prof. Marambe said, urging urgent steps to build buffer stocks and strengthen Sri Lanka’s long-term food security strategy.
News
2025 property grab: Court orders JVP to hand back Yakkala office to FSP
By Shamindra Ferdinando
Frontline Socialist Party (FSP) spokesman Pubudu Jayagoda says the Gampaha Magistrate’s Court order that the ruling JVP hand back the FSP’s Kirindiwela office, grabbed by a group of JVP politicians on 02 September, 2025, has shown that the government cannot undermine the law.
Jayagoda said that the FSP had been compelled to move the court against the JVP as the Gampaha police refused to intervene due to political pressure. “They probably thought we were going to give up that office. Perhaps, the ruling party felt they could forcibly occupy other FSP offices,” Jayagoda said.
FSP’s Administrative Secretary Chamira Koswatta and trade unions, which operated from the Salmal Garden office, sought the court intervention to confirm the ownership of that building in the FSP. The court initially transferred the building to the police and issued a directive to law enforcement authorities to remove the JVP/NPP from that building.
Among the 20 respondents was Tilvin Silva, General Secretary of the JVP. Those now identified themselves as FSP quit the JVP in 2011 and later formed their own party.
Gampaha Additional Magistrate Shilani Perera on Monday ruled that the legitimate owner was the FSP. The Magistrate ruled that the FSPers had been forced out of that office, illegally.
Jayagoda said that the FSP considered the court ruling a victory for democracy and a devastating blow to the increasingly authoritarian JVP/NPP rule.
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