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President addresses VAT increase and economic stability at industry excellence awards ceremony
President Ranil Wickremesinghe, on Wednesday night, speaking at the National Industry Awards ceremony, acknowledged the challenging decision to increase the Value Added Tax (VAT) to 18 percent, emphasising the imperative need to maintain economic stability.
National Industry Excellence Awards 2023 was held at the Nelum Pokuna Theatre in Colombo. President Wickremesinghe stressed the importance of leadership built on honesty and transparency with the people.
President Ranil Wickremesinghe went on to announce his intention to propose loan concessions in the upcoming budget, specifically aimed at supporting small and medium-scale industrialists, with the aim of bolstering Sri Lanka’s export-oriented manufacturing sector.
The awards ceremony was held to recognize and honour 300 successful entrepreneurs across various categories, including platinum, gold, silver, and bronze awards, from a pool of over 4,000 industrial entrepreneurs who had competed in 21 major industrial sectors and 61 sub-industrial sectors.
President Wickremesinghe also addressed the challenges faced by industries in 2022, citing issues such as power shortages and difficulties in obtaining bank loans that led to the closure of many businesses. Despite these challenges, he noted the resilience of numerous individuals who managed to revive their industries and achieve success, particularly in the small and medium-scale sector.
The President stressed the importance of addressing ongoing concerns related to bank loans and market access, with a focus on supporting small and medium-scale industries in the upcoming budget.
President Wickremesinghe revealed ongoing discussions with international financial institutions, including the International Monetary Fund (IMF), and creditors to devise comprehensive strategies for revitalizing the nation’s economy.
The President emphasized the significance of consistently increasing income to meet loan repayment commitments and to gain the trust of private and multilateral creditors. He pointed out that a substantial portion of the next year’s budget would be allocated to debt repayment and interest payments, underscoring the paramount importance of safeguarding the country’s currency and fulfilling loan obligations.
President Wickremesinghe also explained the necessity of the decision to raise the VAT to 18 percent, aligning Sri Lanka’s practices with countries like India and Pakistan. He acknowledged that such decisions, while difficult, are essential for the country’s well-being, even if they attract public criticism.
In closing, the President reaffirmed his commitment to rebuilding the nation without reverting to dependency on external support, emphasizing that the path may be challenging, but he is confident that positive results will be achieved in the next two to three years through negotiations with international financial institutions, including the World Bank.
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Waste management and recycling to receive priority in the 2027 Budget – PM
Prime Minister Dr. Harini Amarasuriya stated that the upcoming 2027 Budget will place priority on waste management, waste reduction and recycling, emphasising that what should be left for future generations is not contaminated soil or seas filled with plastic, but a clean and green environment where they can breathe freely and live healthy lives.
The Prime Minister made these remarks while delivering the keynote address at the 3rd International Conference on “Plastic, Innovation and Environmental Sustainability”, organised by The Open University of Sri Lanka, held today (30 September) at the Cinnamon Lakeside Hotel, Colombo.
Held under the theme “Eco-Friendly Innovations,” the conference focused on minimising environmental damage caused by plastic waste, introducing environmentally friendly alternatives, developing circular economy models and promoting sustainable waste management. Addressing the conference, the Prime Minister further pointed out that plastic pollution is not merely an environmental issue, but a global challenge directly linked to the climate crisis.
The Prime Minister emphasised that the uncontrolled accumulation and disposal of waste poses a serious threat to both public life and the environment, and that the destruction of natural resources in the name of economic development cannot be considered meaningful development. The Prime Minister stated that several major projects are planned to be implemented under the Clean Sri Lanka national programme, including the “Pivithuru Purawara” National Waste Management Project, which will be implemented during the 2027–2029 period at a cost of Rs. 34 billion.
The Prime Minister further stated that the project aims to minimise the disposal of non-biodegradable waste, including plastic, into the environment, while expanding recycling and compost production. She also emphasised that laws and regulations alone are insufficient to ensure environmental protection, and that a sense of responsibility towards the environment must be cultivated through the education system itself. The Prime Minister also stated that steps are being taken through the new education reforms to practically integrate environmental education, plastic and waste management, and circular economy concepts into the school curriculum. She added that the “Green Schools” concept will be promoted at school level, encouraging children to adopt “Zero Waste” practices from an early age. In addition, the Prime Minister called on universities and researchers to adopt an interdisciplinary approach, bringing together fields such as engineering and social sciences, in order to develop practical and innovative solutions to these challenges.
The occasion was attended by the Vice Chancellor of The Open University of Sri Lanka Senior Professor P. M. P. C. Thilakarathne, Professor J. M. A. Manathunga, Professor Banduni Athapattu, Professor Alex Lin, members of the academic panel, local and international researchers, officials of the Ministry of Environment, and a group of university students were also present at the occasion. Prime Minister’s Media Division
[Prime Minister’s Media Division]
News
Civil society activist accuses govt. of favouring Ven. Gnanasara
Court of Appeal issues warrant for monk’s arrest
by Shamindra Ferdinando
Civil society activist Gamini Viyangoda on Monday (28) lambasted the NPP government for its failure to act promptly on the Supreme Court cancelling the presidential pardon granted to the General Secretary of Bodu Bala Sena (BBS) Galagodaatte Gnanasara.
Addressing a gathering at the Sri Lanka Foundation to mark the launch of ‘Rajapaksha Samagama’ and ‘Pasku Praharaye Thoththa Babala’ by Lasantha Ruhununuge and Tharindu Uduwaragedara and M.F.M., Faseer, Viyangoda alleged that President Dissanayake’s government was also acting in a manner partial to Gnanasara Thera, the way all previous governments had done.
The NPP should be ashamed of its pathetic failure to act swiftly and decisively, immediately after the Supreme Court revoked President Maithripala Sirisena’s pardon. Viyangoda said that the government owed an explanation as to why law enforcement authorities couldn’t apprehend Gnanasara, following the announcement made on 14 Sept. “For two weeks what were they doing,” he asked.
Ven. Gnanasara was sentenced, in 2018, for a six-year period for contempt of court and intimidating Sandya Eknaligoda, the wife of Prageeth Eknaligoda who disappeared in 2010. But, President Sirisena pardoned him before the convicted monk completed one year of his six-year term.
Viyangoda said that Ven. Gnanasara had openly moved about freely, launched a book and acted as if the Supreme Court ruling didn’t have any impact. Every minute Gnanasara stayed in the open it was an affront to the Supreme Court, Viyangoda said, accusing the government of shielding a wrongdoer.
Referring to certain incidents during the Yahapalana time, Viyangoda revealed that he personally sought the then Prime Minister Ranil Wickremesinghe’s direct intervention to have Ven. Gnanasara, hiding at a faraway temple, apprehended. “I met Wickremesinghe at Temple Trees. When I raised the failure on the part of police to apprehend Gnanasara, Wickremasinghe immediately called Sagala Ratnayake, who was in charge of public security at that time. Ratnayake promised to take the monk to custody the following day. The next day, Gnanasara surrendered through a lawyer.”
Viyangoda alleged that the Wickremesinghe government had shielded Vem. Gnanasara. The Wickremesinghe-Sagala Ratnayaka duo did that in style, he said, accusing the present government, too, of doing the same.
The Court of Appeal yesterday (29) issued a warrant for the arrest of Gnanasara Thera and ordered that he be produced before the court on 1 Oct.
The court further directed that the warrant be executed through the Inspector General of Police.
This happened when a motion filed by the Attorney General, seeking an order to enforce the prison sentence imposed on Gnanasara Thera, was taken up before the Court of Appeal.
The motion was heard before a Court of Appeal bench, comprising Justices Mayadunne Corea and Lakmali Karunanayake.
President’s Counsel Anura Meddegoda, appearing for Gnanasara Thera, told the court that his client was resting due to illness and requested a date to study the motion and make submissions.
But State Counsel Sajith Bandara declared that the matter concerned a criminal case and requested that the court issue a warrant if the accused failed to appear before the court.
News
More cops than cones
Colombo’s bus priority lane rule returned today, 29 September, as a pilot programme across the city and nearby areas. It applies from 6 a.m. to 9 a.m. and from 4 p.m. to 7 p.m. daily. The renewed operation covers seven designated lanes, meant to cut delays and make public transport more predictable.
Transport Minister Bimal Rathnayake said officials would monitor the trial to assess its effect on congestion and public transport efficiency. Police have told all officers to take legal action against violators. Drivers may enter a lane only in unavoidable cases, such as emergencies, exceptionally heavy traffic, or to cross it when turning.
The Lanka Private Bus Owners’ Association has welcomed the move, and Metro Bus is adding five new routes.
The rule has been revived before, and past efforts struggled with enforcement, so the pilot project’s results will matter.
(Image courtesy Hiru)
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