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IMF agreement gives us confidence, grateful to India: Lankan envoy
Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to attract increased investments and remittances.. The HC has said so at ‘ The Indian Express Idea Exchange’ programme. The Indian Express quoted Moragoda as having said that with the IMF agreement taking shape, Sri Lanka now expected more countries to offer assistance, while underlining that India was the “only partner” to have stepped up even without a framework in place.
“The key fact here is that having the staff-level agreement gives us confidence. The money is not huge but it gives us confidence — one for investors to come in, maybe for our remittances, which have dropped by half, to increase and…also for other bilaterals, like Japan, to come. We are grateful to India, which encouraged us to go to the IMF. Finance Minister (Nirmala) Sitharaman and External Affairs Minister S Jaishankar played a role in that. India was the only country, the only partner, which stepped up without us having any kind of programme,” Moragoda said.
Earlier this year, Sri Lanka, battling the worst economic crisis in its history, had plunged into unprecedented turmoil, with an acute shortage of essentials, such as fuel and medicine, triggering massive protests, which forced Gotabaya Rajapaksa to flee the country and resign as President, a post taken over by Ranil Wickremesinghe.
Following the IMF package, Moragada identified power, oil and tourism as some of the areas where structural reforms, through cooperation with India, can help restore macroeconomic stability. India, he said, can explore developing the port city of Trincomalee as an energy hub.
Asked what the low-hanging fruit was when it came to vital structural reforms, Moragada said: “I would take the electricity sector. I would use the relationship with India, the connectivity grid with India, and bring in private investment in electricity generation. That could mean new power plants in renewable energy, or it could mean buying existing plants, through a privatisation process. I would go as far as to liberalise the last mile distribution, like you have done and use the grid to India to create capacity and export, and also import, if we need it. But I think India can be the catalyst for that, but we need to move quickly.”
Asked if Rajapaksa, who is reportedly in Thailand, plans to return, Moragoda said, “He will return soon, I think, to Sri Lanka.” But the possibility of him finding a place in the country’s political leadership is thin, said Moragoda, who took over as High Commissioner last year. (The interview was conducted just before Gotabaya Rajapaksa’s return to Sri Lanka over the weekend)
“He has to find his place. I don’t think in politics, he should maybe look more at the social side…Former Presidents can be icons. For instance, (US President) Jimmy Carter is known more for what he did after leaving office than what he did while in office,” Moragoda said.
The crisis, however, was long in the making, the politician-turned-diplomat said. He suggesting that the elder Rajapaksa’s technocratic approach could have been a factor behind the crisis, which, he suggested, needed a stronger, more direct political outreach.
“To some extent, the vacuum in this was that the main political parties were not in a position to engage because our President himself is not a politician. Once he was elected, he did not really get involved in politics at all…Politicians felt disengaged from the system altogether. And the economy was crumbling. There was no political way of filling this vacuum. So this whole movement came up,” he said.
News
Prison rules to be revised over monks’ attire
Appointment of committee eyewash, says UNP
The government is considering changes to prison regulations pertaining to the treatment of Buddhist monks serving jail terms, including their right to wear monastic robes when taken outside prison.
Justice and National Integration Minister Harshana Nanayakkara announced the proposed changes yesterday (14) following the submission of an interim report by a committee appointed to review the rules and procedures governing prisons.
The report was handed over to Secretary to the President Dr Nandika Sanath Kumanayake at the Presidential Secretariat.
One of the key recommendations is to amend Prison Standing Order 356 by introducing a new provision, 356(A). The proposed revision would require prison authorities to consult the Department of Buddhist Affairs on the removal of a monk’s robes upon admission to prison. The Commissioner of Prisons would be allowed 10 days to notify the department and take the necessary steps.
A separate amendment to Departmental Order 550 would allow Buddhist monks to wear their robes whenever they are taken outside prison, unless their respective Nikaya formally requests that the privilege be withdrawn.
The committee has also recommended extending similar arrangements, with suitable modifications, to members of other religious clergy who are imprisoned.
The proposals follow concerns raised over the treatment of Ven. Galagoda Aththe Gnanasara Thera after he was taken into custody. President Anura Kumara Dissanayake subsequently held discussions with representatives of the three main Buddhist Nikayas and appointed the committee to examine the existing legal framework.
Nanayakkara said the interim report had been forwarded to the Acting Commissioner General of Prisons, along with instructions to revise the relevant standing orders in accordance with its recommendations.
The proposed amendments have yet to be confirmed as formally implemented.
Meanwhile, the UNP yesterday criticised the government’s decision to appoint a committee to make recommendations on the attire to be worn by imprisoned Buddhist monks and other religious leaders when taken outside prison, describing the move as unnecessary.
In a statement issued yesterday (14), the UNP said the procedures governing the matter were already clearly set out in the Department of Prisons’ Standing Orders, making the appointment of a separate committee unwarranted.
The party cited remarks by Professor G.L. Peiris, Convenor of the Janathawadi Joint Opposition, who had described the committee’s appointment as a
“complete eyewash” and questioned the need for such a move.
Referring to Standing Order 550 of the Prisons Department, the UNP said convicted prisoners appearing before court for legal proceedings should not be required to wear prison uniforms.
It further stated that the regulations allowed prisoners to wear civilian clothing consistent with what they wore before imprisonment, including attire appropriate to their cultural and religious backgrounds.
The UNP accused the government of unnecessarily prolonging the issue by appointing a committee, despite the existence of regulations governing prisoners’ attire.
The party also called on the government to seek forgiveness from the Mahanayake Thera and the Sangha Council of the Kotte Sri Kalyani Samagri Dharma Maha Sangha Sabha of the Siyam Maha Nikaya over the decision concerning the religious attire of Ven. Galagoda Aththe Gnanasara Thera.
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AC President recuses himself from hearing prison attire case pertaining to Gnanasara Thera
Court of Appeal President Justice Rohantha Abeysuriya yesterday withdrew from the bench hearing petitions challenging the decision by prison authorities to require Ven. Galagoda Aththe Gnanasara Thera to wear prison attire following his imprisonment.
The decision was announced when the petitions seeking to invalidate the prison authorities’ decision were taken up for consideration on October 14.
Following his withdrawal, a three-judge bench was appointed to hear the petitions.
The petitions relate to the prison authorities’ decision to require Gnanasara Thera to wear prison attire after he was taken into custody to serve the remainder of his sentence for contempt of court.
In September this year, the Supreme Court annulled the presidential pardon granted to Gnanasara Thera by former President Maithripala Sirisena in May 2019.
Following the ruling, the Court of Appeal directed the Commissioner General of Prisons to take the necessary steps to enforce the remainder of the monk’s prison sentence.
Gnanasara Thera had originally been sentenced to six years’ imprisonment for contempt of court but had served only around nine months before receiving the presidential pardon in 2019.
News
Court orders steps to obtain INTERPOL Red Notice against Basil
The Fort Magistrate’s Court yesterday issued an arrest warrant for former Minister Basil Rajapaksa over the alleged misuse of funds belonging to the Sri Lanka Tourism Promotion Bureau during the 2014 Uva Provincial Council election.
The Magistrate also directed the CID Illegal Assets Investigation Division to take necessary steps to obtain a Red Notice through Interpol.
The orders were issued following submissions made by the CID in connection with the alleged financial irregularities.
The CID’s Illegal Assets Investigation Unit informed the court that Rs. 7.8 million allocated to the Sri Lanka Tourism Promotion Bureau in 2014 had allegedly not been used for the Bureau’s promotional activities.
Instead, the funds had allegedly been used to provide 12,000 T-shirts during the Uva Provincial Council election, causing a financial loss to the government, the CID told court.
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