News
President tells chief prelates he is amenable to any workable solution

President Gotabaya Rajapaksa has, in his reply to a letter from the Chief Prelates of the three Nikayas (sects), said that all governments that had ruled the country were responsible for the current economic crisis, and urged the prelates to give his administration some time to solve the prevailing issues.
Full text of the President’s letter to the Mahanyake Theras:
This is with regard to the set of proposals put forward by the Most Ven. Mahanayake Theras of the Three Chapters to immediately resolve the current social, economic and political crises in the country.
This is in connection with the letter sent by the Venerable Theras to myself, the Prime Minister, the Leader of the Opposition and all Leaders of political parties, representing the Parliament, and dated on 20.04.2022, to resolve the current social, economic and political crises in the country.
Foremost, I respectfully and kindly acknowledge that I have by no means ignored the contents of the set of proposals which the Venerable Theras have previously sent to me on the 4th of April, 2022.
We have already taken a number of immediate steps to address the economic crisis in the country, as the Theras have pointed out. I am aware of the dire living conditions the people are facing. I beg to inform you that I am working with the Cabinet with expert assistance, based on daily statistics and data.
Accordingly, plans for the supply of essential food, medicine, LP gas and various types of fuel to the public are already being implemented under close supervision.
Accordingly, the new Finance Minister, the new Central Bank Governor and the new Secretary to the Treasury, under the guidance of the international financial experts appointed by me, are already taking the necessary steps in consultation with the relevant international financial institutions and friendly countries.
As a result, the International Monetary Fund and the Government of India have already responded positively, and I firmly believe that a temporary solution to the current economic crisis can be achieved within the next few weeks until a lasting solution is found to the current economic crisis.
As soon as I became the President, a committee of legal experts was appointed to draft a new Constitution. The members of the committee are: President’s Counsel Romesh De Silva – Chairman, Retired Professor G.H. Peiris, Judge A. W. A. Salam, President’s Counsel Manohara De Silva, President’s Counsel Sanjeewa Jayawardena, President’s Counsel Samantha Ratwatte, Professor A. Sarveswaran, Professor W. Seneviratne, President’s Counsel Navin Marapana and Mrs. Kaushalya Molligoda – Secretary.
The committee has been holding lengthy consultations with various political parties, various groups and experts over a period of about two years and is preparing a draft for a new Constitution. The Committee has also informed me that the draft is being finalised. I respectfully inform you that the draft prepared in this manner will be submitted to the Cabinet of Ministers as soon as it is received and then will be presented to Parliament upon approval. I would also like to inform you that a copy of that draft will be sent to you Venerable Theras as well.
As the President of the country, I am committed to stabilising democracy in the country. I would like to mention that I would support the repealing of the 20th Amendment to the Constitution, which you have mentioned, if any action is taken in Parliament in this regard and would like to kindly remind you that such an amendment should be made jointly by the President and Parliament.
It is also regrettable that so far there has been no positive response to the invitation extended to all political parties seeking their contribution to the All-Party Conference to find lasting solution to the present situation in the country, and to the sincere request for assistance in liberating the country from its current position by accepting Ministerial portfolios. Nevertheless, I would like to inform you that my invitation remains the same for all political parties.
No matter what we do, all processes must be constitutional and the aspirations of the people must be realized within the current constitution. Therefore, I stress that neither I nor our Government will at any time disregard your proposals or the aspirations of the people.
Without a Cabinet, the administration of a country cannot be function. Also, the absence of a cabinet is not practical. Accordingly, I had to appoint a Cabinet of Ministers consisting of a majority of young Members, with the assistance of Senior Ministers. I respectfully note that these appointments were made for a short period of time to find a quick solution to the burning issues of the people.
During the two and a half years of my tenure so far, I would like to recall that our Government has not used batons or tear gas or done any act to suppress such protests in general at any of the protests, demonstrations, roadblocks which disrupt public life, etc. organised by various political parties as well as various ethnic groups, university students and social activists. I respectfully remind you that no protest or demonstration in front of my office was repressed by the police or armed forces.
I am deeply saddened by the incident that took place during the public protest on 19.04.2022 and has instructed several teams to conduct a formal inquiry into it. I hope to inform you the results of the inquiry as soon as those investigations are completed.
As you have said, all governments that have ruled the country are responsible for the current economic crisis, and we urge you to give us some time to reap the benefits of a formal approach to provide temporary and sustainable solutions for the prevailing issues. I respectfully look forward to your advice and guidance in the future as well.
I respectfully recall that if you propose to make a certain arrangement to overcome the current political crisis with the assistance of all political parties as well as to provide solutions for the current economic crisis, I will extend my fullest support in this regard.
Business
IMF staff team concludes visit to Sri Lanka

An International Monetary Fund (IMF) team led by Evan Papageorgiou visited Colombo from April 3 to 11, 2025. After constructive discussions in Colombo, Mr. Papageorgiou issued the following statement:
“Sri Lanka’s ambitious reform agenda supported by the IMF Extended Fund Facility (EFF) continues to deliver commendable outcomes. The post-crisis growth rebound of 5 percent in 2024 is impressive. Inflation declined considerably in recent quarters and has fallen to ‑2.6 percent at end-March 2025. Gross official reserves increased to US$6.5 billion at end-March 2025 with sizeable foreign exchange purchases by the central bank. Substantial fiscal reforms have strengthened public finances.
“The recent external shock and evolving developments are creating uncertainty for the Sri Lankan economy, which is still recovering from its own economic crisis. More time is needed to assess the impact of the global shock and how its implications for Sri Lanka can be addressed within the contours of its IMF-supported program.
“The government’s sustained commitment to program objectives is ensuring policy continuity and program implementation remains strong. Going forward, sustaining the reform momentum is critical to safeguard the hard-won gains of the program and put the economy on a path toward lasting macroeconomic stability and higher inclusive growth.
“Against increased global uncertainty, sustained revenue mobilization efforts and prudent budget execution in line with Budget 2025 are critical to preserve the limited fiscal space. Boosting tax compliance, including by reinstating an efficient and timely VAT refund mechanism, will help contribute to revenue gains without resorting to additional tax policy measures. Avoiding new tax exemptions will help reduce fiscal revenue leakages, corruption risks and build much needed fiscal buffers, including for social spending to support Sri Lanka’s most vulnerable. Restoring cost recovery in electricity pricing will help minimize fiscal risks arising from the electricity state-owned enterprise.
“The government has an important responsibility to protect the poor and vulnerable at this uncertain time. It is important to redouble efforts to improve targeting, adequacy, and coverage of social safety nets. Fiscal support needs to be well-targeted, time-bound, and within the existing budget envelope.
“While inflation remains low, continued monitoring is warranted to ensure sustained price stability and support macroeconomic stability. Against ongoing global uncertainty, it remains important to continue rebuilding external buffers through reserves accumulation.
“Discussions are ongoing, and the authorities are encouraged to continue to make progress on restoring cost-recovery electricity pricing, strengthening the tax exemptions framework, and other important structural reforms.
“The IMF team held meetings with His Excellency President and Finance Minister Anura Kumara Dissanayake, Honorable Prime Minister Dr. Harini Amarasuriya ; Honorable Labor Minister and Deputy Minister of Economic Development Prof. Anil Jayantha Fernando, Honorable Deputy Minister of Finance and Planning Dr. Harshana Suriyapperuma, Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe, Secretary to the Treasury Mr. K M Mahinda Siriwardana, Senior Economic Advisor to the President Duminda Hulangamuwa, and other senior government and CBSL officials. The team also met with parliamentarians, representatives from the private sector, civil society organizations, and development partners.
“We would like to thank the authorities for the excellent collaboration during the mission. Discussions are continuing with the goal of reaching staff-level agreement in the near term to pave the way for the timely completion of the fourth review. We reaffirm our commitment to support Sri Lanka at this uncertain time.”
News
New Year dawns at the auspicious time of 03.21 a.m. tomorrow (14).

The Sinhala and Tamil New Year will dawn at the auspicious time of 03.21 a.m. tomorrow (14th Monday).
The auspicious time to light the hearth and prepare the first meal is at 0404 am on Monday (14) facing South.
The auspicious hour to commence work, perform the first transactions and partaking of the first meal is at 0644 am facing South dressed in white coloured clothes.
Latest News
PNB detect large haul of methamphetamine and heroin in local fishing trawler intercepted by Navy

Acting on credible information, the Sri Lanka Navy launched a special operation on the high seas on 11 Apr 25, resulting in the apprehension of 06 suspects along with a local multi-day fishing trawler, believed to be involved in smuggling of narcotics.
Subsequently, the intercepted trawler was brought to the Dikkowita Harbour, where a thorough inspection was carried out with the assistance of the Police Narcotic Bureau (PNB) experts, leading to the detection of approximately 77kg and 484g of heroin and 42kg and 334g of methamphetamine (Ice).
The consignment, which had been meticulously hidden in the trawler, was handed over to the PNB for onward legal action on 12 Apr.
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