News
President-toppling Sri Lanka activist girds for new revolt
By Amal JAYASINGHE
A Sri Lankan jail witnessed a rare moment of accord last year when both prisoners and guards clamoured to greet its newest inmate: the man who toppled the island nation’s president.Student leader Wasantha Mudalige remains lionised by many for channelling public anger at an unprecedented economic crisis into a movement that shook the foundations of Sri Lanka’s political system.
At the height of last summer’s unrest, he helped spearhead a siege of government buildings in Colombo that saw once-loved president Gotabaya Rajapaksa chased into a humiliating exile.The 29-year-old, whose cherubic face belies his history of fierce confrontations with riot police, spent months behind bars on terror charges for his efforts.
“We had a very warm welcome,” Mudalige told AFP outside a court appearance in June, while recounting his arrival at jail alongside two confederates.
“Even the prison guards were very supportive. They saw us as the heroes who got rid of Gota.”
Mudalige said his incarceration was a necessary “sacrifice” in the unfinished battle to reform Sri Lanka’s political system.Now free on bail, he said lingering economic woes have left Sri Lanka bristling with discontent, frustrated with its new president — and ready for another revolt.
“Although we got rid of Gota, we have not been able to win the ‘system change’ that we demanded,” Mudalige said.
“We don’t think the government can go on for long,” he added. “When you analyse the situation, there is no way the government can continue.”
As head of the Inter-University Students’ Federation (IUSF) at the time, Mudalige stood at the forefront of last year’s street protests.Alongside him was a broad coalition of saffron-robed Buddhist monks, minority activists and ordinary citizens outraged by government corruption and mismanagement of the island’s worsening economic tailspin.
“They had no alternative but to take to the streets because they had no fuel, no food, no electricity… people were dying in petrol queues,” Mudalige said.
In July the IUSF and its allies laid siege to the Presidential Palace in Colombo.Rajapaksa, once lauded by the island’s Sinhalese majority for helping crush a decades-long Tamil separatist insurgency, was forced to evacuate the residence through a secret backdoor and temporarily fled the country.
Protesters streamed through the compound, gaping at its opulent furnishings and frolicked in its pool in the revelry that followed.
Rajapaksa’s successor, Ranil Wickremesinghe, quickly sought to restore order by directing police to arrest the movement’s leaders.Mudalige was caught in the dragnet the following month when police snatched him off the street as he left a demonstration against the crackdown.
He spent 167 days in custody, the longest stretch of detention of all those who participated in last year’s revolt.The most serious charges against him were eventually dropped after Amnesty International and other rights groups condemned his jailing.
Wickremesinghe has sought to restore Sri Lanka’s ruined finances with an International Monetary Fund bailout that commits his administration to an austerity programme.
The chronic food and fuel shortages that inflamed public anger last year have since ended as the government reined in public spending.But steep tax hikes, and the end of generous subsidies on electricity and fuel, have been deeply unpopular.Wickremesinghe says the reforms are necessary to bring Sri Lanka out of bankruptcy and restore economic growth.
He pledged in February to press ahead “regardless of the obstacles that anarchist political forces seek to create”.
His administration has maintained a tough line against protests, with periodic demonstrations quickly dispersed by tear gas and water cannon trucks.Mudalige said his detention and that of other protest leaders was an effort by the government to forestall a repeat of last year’s unrest.But he warned the public’s frustrations over the spiralling cost of living would inevitably bring people back to the streets, unbowed by the threat of violence.
“The government is using the police and the military to suppress any dissent. It is like pressing down a rubber ball in a basin of water,” he said.
“You can’t do it for long. It will inevitably bounce to the top.”
News
Sri Lanka, India caught in US-Iran ship crisis
By Shamindra Ferdinando
Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.
Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).
The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.
The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.
Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.
The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.
The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR
Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.
SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.
News
Namal further remanded
MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).
Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.
News
IMF projects Lankan economic growth to moderate amidst mounting global uncertainties
Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.
Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.
Unemployment is expected to remain steady at 3.9% throughout the forecast period.
The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.
Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.
The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.
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