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President says he has not deviated from principles of country’s democratic system to revive economy

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President Ranil Wickremesinghe

President Ranil Wickremesinghe said on Thursday (13) that he had not deviated from the principles of the democratic socialist system of Sri Lanka, in his efforts to revive the economy.

Delivering his keynote addressed at the inaugural session of the 45th “SAARCFINANCE” Governors’ Meeting and Symposium held at the Colombo Hilton, the President said that although Sri Lanka gradually started liberalizing its economy since 1977, it did not bring along the necessary legislation, the President’s Media Division said.

“I have not in any way departed from the principles of the democratic socialist system in our country. I have, in fact, incorporated two of the objectives: to ensure that all citizens have an adequate standard of living, and to create rapid development of the whole country by means of public and private economic activity towards social objectives and the public good,” the President said.

Explaining his Government’s efforts to transform the economy, President Wickremesinghe said that the efforts have to be growth-oriented in order to succeed.

“Firstly, I am working within this Constitution. No one can say that I am going outside the objectives of the Constitution. These two provisions are more than enough to rewrite the economic policy of Sri Lanka,” he said.



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Navy seize an Indian fishing boat poaching in Mannar seas

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During an operation conducted in the dark hours of 22 Feb 26, the Sri Lanka Navy seized an Indian fishing boat and  apprehended  twelve (12) Indian fishermen while they were poaching in Sri Lankan waters, in the sea area south of Mannar.

The seized boat  and the Indian fishermen were handed over to the Fisheries Inspector of Dikovita for onward legal proceedings.

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Families of those sentenced to death for killing MP Atukorale seek AKD’s intervention

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FSL assures legal backing for them

Families of those sentenced to death by the Three-member Gampaha High Trial-at-Bar, over the killing of SLPP MP Amarakeerthi Atukorale, and his police bodyguard, met a senior official of the Presidential Secretariat, yesterday (23), to seek backing for their move to appeal against the verdict.

Having made representations, they addressed the media, outside the Presidential Secretariat, where they declared their intention to move the higher court against the decision.

The SLPP MP and his security officer were killed by an Aragalaya mob on 09 May, 2022, at Nittambuwa. The same day Aragalaya mobs unleashed violence against the then government MPs across the country, torching dozens of their properties.

The Frontline Socialist Party (FSP) yesterday said that they would help the families of those sentenced to death to move court against the Gampaha High Court Trial-at-Bar decision. Responding to The Island queries, FSP spokesman Pubudu Jayagoda said that their representatives had already met the families and necessary work was being done to move the Supreme Court. Twenty three persons were acquitted and four handed six-month prison terms, suspended for five years

Jayagoda said that one of the HC judges differed in the ruling. Asked whether they received backing from any other political party and groups that had been involved in the 2022 protest campaign to defend those who had been found guilty, Jayagoda said such support was lacking.

The JVP/NPP played a significant role in the violent protest campaign that forced President Gotabaya Rajapaksa to step down. Pointing out that the Attorney General, too, was appealing against the court decision on the basis that the number of persons sentenced to death should be much higher, Jayagoda said that the Nittambuwa incident couldn’t be examined in isolation without taking into consideration the SLPP goon attack on Galle Face protesters on 09 May, 2022. (SF)

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OPV leaves Baltimore, expected in Colombo in May

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SLN officers wave to those on the shore as the newly acquired P 628 departs Baltimore, US (pic courtesy SLN)

Offshore Patrol Vessel P 628 of the Sri Lanka Navy departed Baltimore, USA, for Colombo, on 20 February.

The ex-United States Coast Guard Cutter, USCGC Decisive was officially handed over to the SLN on 02 December, 2025, as the latest addition to the SLN fleet, under the Pennant Number P 628.

Measuring 64 metres in length, this ‘B-Type Reliance Class 210-foot Cutter’ is equipped with advanced technological systems and facilities, capable of conducting extensive surveillance operations spanning up to 6,000 nautical miles per patrol.

The vessel’s voyage to Colombo is historic, possibly marking the longest-ever passage undertaken by a Sri Lanka Navy ship. Covering approximately 14,775 nautical miles, the journey will see the P 628 navigate from Baltimore through the Atlantic Ocean, the Panama Canal (a first for a Sri Lankan naval vessel), the Pacific Ocean, and into the Indian Ocean, via the Straits of Malacca. The ship is expected to arrive in Sri Lanka during the first week of May, 2026.

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