News
Milinda: Sri Lanka should stabilise economy, relax import restrictions
It was important for Sri Lanka to restructure its debt and relax import restrictions by the end of this year, Sri Lankan High Commissioner to India, Milinda Moragoda told News First in an interview on Thursday night.
Sri Lanka had suspended its external debt repayments and the import of many goods, which are against some agreements the country has signed, and the international community had allowed it to do so because it had entered into an agreement with the IMF, he said.
“We have not imported many items for two or three years. We can’t go on like this. Our economy has shrunk significantly in the last 18 months. We are witnessing the beginning of economic stabilisation. The Central Bank is working on keeping interest rates at a level that won’t trigger
inflation. The value of the rupee is determined in a controlled environment. Things are in a flux,” he said.Moragoda said that reducing demand was an integral part of stabilisation. “However, this is easier said than done as it is a painful process.”
“The demand for fuel has dropped. This was done in a somewhat artificial manner. However, when we recover, we will face new challenges. I think we can only leave this controlled environment by the end of the year. Then we will see what the real value of the rupee is, we will see what the market determined interest rates would be. Until then the government is trying to stabilize the economy with IMF help,” he said.
Moragoda said that the country also needs economic growth. The expected economic growth for 2024, is about 1.4 percent, he said. Given that the economy has shrunk over 10 percent in the last 18 months, this would not account for much, Moragoda said.
“We need to create new jobs,” he added.
News
Teachers’ unions ‘ready to bring govt. to its knees’
Teachers, principals up in arms against alleged NGO driven education reforms
Teachers, principals and education professionals on Friday vowed to commence a nationwide campaign against the government’s plans to reform the education sector at the expense of what they described as cultural values.
President of the All-Ceylon United Teachers’ Association Ven Yalwala Pannasekera thera addressing a press conference yesterday said that trade unionists would join forces to urge the government to withdraw its educational reforms.
“We are ready to form a common front with education professionals, teachers and principals against this government. We demand that the government withdraw these reforms or get ready to go home,” Ven Pannasekera said.
“Some modules promote homosexuality. Contents in some of the modules being distributed have been copied from Indian text books.
We ask the government to explain why it had paid the National Education Institute curriculum designers,” Ven Pannasekera said.
Meanwhile, representatives of 16 teachers’ and principals’ unions visited the National Child Protection Authority yesterday to lodge a complaint demanding a probe into the inclusion of materials promoting homosexuality in school books.
Concerns were also raised at a National Sangha Council meeting held in Colombo last week at the Colombo Foundation Institute, organised to discuss the objectives of the proposed reforms.
Addressing the gathering, Professor Venerable Induragare Dhammaratana Thera said the reforms required extensive discussion, consultation with subject experts and consideration of the experience of senior administrators.
He warned that the proposed education reforms could trigger the biggest crisis currently facing the country. “Implementing these reforms in this manner will harm future generations and could even destroy the present government,” he said, likening the process to “forcing a round peg into a square hole.”
News
Education Ministry drops idea of extending school hours
The Ministry of Education on Friday decided not to extend school hours for the 2026 academic year, citing the ongoing impact of recent disasters on schools and transport systems in several provinces.
According to the Ministry, school hours for Grades 5 to 13 will remain unchanged at 7:30 a.m. to 1:30 p.m. until both education and transport networks are fully restored.
Government schools, government-approved private schools, and pirivenas are set to begin the first term of 2026 on January 5. Students in Grades from 6 to 13 will have seven 45-minute periods a day.
Education reforms will be introduced for Grades 1 and 6 in 2026.
The Ministry confirmed that activity books for Grade 1 and learning modules for Grade 6 will be distributed before lessons begin. Textbooks for all other grades have already been fully handed out.Meanwhile, the remaining sessions of the 2025 G.C.E. Advanced Level examination are scheduled to take place from January 12 to January 20, 2026.
by Chaminda Silva ✍️
News
SLRC to disburse Rs 2420 mn in relief funds to 28,000 families
The Sri Lanka Red Cross Society will provide relief funds totaling Rs. 2,420 million to assist 20,000 families displaced and 8,000 families who have lost their livelihoods due to cyclone Ditwah.
Accordingly, the Society has arranged to give Rs. 1,620 million to 20,000 displaced families, at the rate of Rs. 85,000 per family, and Rs. 800 million to 8,000 families who lost their livelihoods, at Rs. 100,000 per family, Sri Lanka Red Cross Communications Head Navindra Senarathne told the Sunday Island on Friday.
He said the funds for the 20,000 displaced families would be distributed in three instalments.
A total of 20,000 families across the country, including 1,505 families in the Trincomalee District, have been selected for this relief, with beneficiaries identified by the decision-makers of the Sri Lanka Red Cross Society, he added.
In addition, the Society is preparing to install toilet systems in 400 safe centers and provide 15,000 sets of school equipment worth Rs. 7.5 million, Navindra Senarathne told the Sunday Island.
By Sirimantha Rathnasekera ✍️
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