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Prez accused of seeking to gain total control of public finance

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Charitha

‘Public Debt Management Bill threat to democratic governance’

By Shamindra Ferdinando

Opposition MP Charitha Herath yesterday (30) alleged that the controversial Public Debt Management Bill that had been tabled in Parliament last week was aimed at bringing public sector finance entirely under the Finance Minister.

Claiming that UNP leader and President Ranil Wickremesinghe, in his capacity as the Finance Minister, seemed to be bent on achieving total control over public finance, dissident SLPP MP warned of dire consequences if the ruling party backed what he called an authoritarian move.

Herath dealt with the Public Debt Management Bill at a briefing held at the Nawala office of the Nidahasa Janatha Sabhawa.

Several members of the SLPP dissident group, including Prof. G.L. Peiris and Dr. Nalaka Godahewa, have aligned themselves with the main Opposition Samagi Jana Balawegaya (SJB).

The National List MP said that the proposed Bill would deprive other members of the Cabinet, including the Prime Minister, of powers so far exercised by them pertaining to their ministries and instead subjecting them to the Finance Minister’s control.

Once this Bill received the approval of Parliament, as far as public finance matters are concerned, all other ministries would be irrelevant, MP Herath said.

The issue at hand is that the President happened to be the Finance Minister, MP Herath said. Responding to a query regarding the responsibility of Parliament for public finance raised by The Island, MP Herath said: “In terms of Article 148, all public finances will be under the total control of Parliament. Therefore, the Finance portfolio, being under a person not represented in Parliament, is a matter for serious concern. If public finance is constitutionally under Parliament, the executive shouldn’t, under any circumstances, hold that particular portfolio.”

The Public Debt Management Bill had been formulated in such a way that once Parliament approved it, the Finance portfolio could be held only by a President, the Opposition MP said, asserting that the democratic way of governance was facing an extreme threat.

Asked to explain, MP Herath said that the latest move seemed to be in line with Wickremesinghe’s overall political strategy in the run-up to the presidential election.

MP Herath issued copies of the Bill to the media urging them to vigorously pursue the issue. The SLPPer found fault with political parties and the media for not paying sufficient attention to the developing dictatorial situation.

Referring to the passage of the Central Bank of Sri Lanka Bill on July 20, 2023, MP Herath said that though the UNP had just one National List MP in Parliament Wickremesinghe obviously achieved the unthinkable by craftily exploiting the current situation. The Second Reading of the Bill was passed by a majority of 42 votes, with 66 voting in favour and 24 voting against it.

The Public Debt Management Bill would cause further deterioration of democratic governance, MP Herath alleged, claiming that the President was seeking an apparatus hitherto unavailable to any President to control public finance.

MP Herath claimed that the Wickremesinghe-Rajapaksa government had formulated the Public Debt Management Bill on the basis of the IMF’s recommendations/conditions in the wake of the unprecedented economic crisis that erupted in late 2021. Acknowledging that the country hadn’t been out of the woods yet though the government finalized agreement with the IMF in March 2023 regarding the USD 2.9 bn bailout package, MP Herath said the solution couldn’t be found in an apparatus run by the executive.

Had that happened, there wouldn’t be any meaning to Parliament being constitutionally responsible for public finance, MP Herath said.

The first-time entrant to Parliament said that the UNP leader had no regard for democratic way of governance. The move to break-up the Ceylon Electricity Board (CEB) and privatize various cash cows meant that the UNP leader pursued his same old agenda that had been over and over again rejected by the electorate.

MP Herath urged his colleagues to be mindful of their responsibilities as the President was all out to privatize the remaining public assets.



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Commander of the Navy pays courtesy call on Speaker of the Parliament

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The Commander of the Navy, Vice Admiral Damian Fernando paid a courtesy call on the Speaker of the Parliament, Dr Jagath Wickramaratne at the Office of the  Speaker, today (7 July
2026).

The meeting marked the Commander of the Navy’s first official interaction with the Speaker following his assumption of command of the Sri Lanka Navy. During the cordial discussion, they exchanged views on the Navy’s role in matters of national importance.

The formal meeting drew to a close with an exchange of mementoes, signifying the importance of the occasion.

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Prison mayhem leaves at least 26 dead; five officers killed in revenge violence

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Police and STF personnel rushing an injured prison officer to an ambulance after yesterday’s clash at the Negombo Prison.

At least 26 people, including five prison officers and 20 inmates, have been confirmed dead following violent unrest at Negombo Prison, hospital sources said yesterday, as authorities struggled to restore full control over the facility.

According to unconfirmed reports the prison officers were killed by rioters yesterday morning,  in retaliation, and weapons carried by those officers were grabbed by them.

Negombo General Hospital Director Consultant Dr. Pushpa Gamlath said nearly 100 injured persons had been admitted, following the clashes, and eight of the critically wounded had been transferred to the National Hospital, in Colombo, for further treatment.

The violence, which initially broke out on Sunday (5) between remand prisoners and convicted inmates, left two inmates dead and 38 others injured before being temporarily brought under control.

However, tensions flared again on Monday (6), with prison officials reporting renewed unrest inside the facility despite earlier assurances that the situation had stabilised.

Police said the initial confrontation was triggered by a dispute linked to the exposure of an alleged drug trafficking network, operating within the prison, and was reportedly orchestrated by a drug trafficker, identified as Suresh, who is said to have links to an underworld figure known as ‘Booru Moona’.

The violence rapidly escalated, with female inmates staging a protest on the Prison roof in support of those involved in the clashes, while relatives gathered outside demanding information on detainees. Police later facilitated visits for selected family members to hospitalised inmates.

The Negombo Prison, which houses around 1,800 remand and convicted inmates, descended into widespread disorder as rival groups clashed, with reports indicating that the violence later spread beyond the initial confrontation.

Authorities said rioting inmates had allegedly seized firearms during the renewed unrest on Monday, prompting heightened security measures.

The Sri Lanka Air Force deployed drones for aerial surveillance and a Bell 412 helicopter to monitor the situation, while additional military personnel were sent to reinforce security around the prison.

Prisons Department spokesperson A.C. Gajanayake said a special investigation team had been appointed, under the direction of the Commissioner General of Prisons, to probe the incident, while a separate police investigation is also underway.

Justice Minister Harshana Nanayakkara told The Island that he had called for a detailed report on the disturbances.

By Norman Palihawadane

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Cleaner, cheaper electricity gathers momentum with rapid progress in 50 MW Mannar wind power project

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Sri Lanka’s drive towards cleaner and cheaper electricity gathered fresh momentum with the reported rapid progress in the 50 MW Mannar Wind Power Project, which is expected to produce the lowest-cost wind-generated electricity in the country’s history while saving billions of rupees in annual fuel imports.

The Ministry of Energy announced that the first wind turbine for the project had already arrived in the country, while the remaining turbine components have reached the Port of Trincomalee and are currently being unloaded, signalling a major milestone in the construction of one of the country’s key renewable energy ventures.

The project, inaugurated by President Anura Kumara Dissanayake, in January this year, is expected to become a cornerstone of the government’s strategy to transform Sri Lanka’s electricity sector by expanding renewable energy generation and reducing dependence on imported fossil fuels.

According to the Ministry, electricity generated by the Mannar wind farm will be purchased at USD 0.0465 (approximately Rs. 14.37) per unit, making it the lowest tariff ever secured for wind-generated electricity in Sri Lanka.

Energy experts say the competitive tariff demonstrates the growing economic viability of renewable energy and could help stabilise future electricity prices.

The Ministry also estimates that once the wind farm is connected to the national grid, Sri Lanka will save approximately Rs. 4.7 billion annually by reducing the import of fossil fuels required for thermal power generation, easing pressure on the country’s foreign exchange reserves.

The Mannar project is expected to support the government’s ambition of substantially increasing the contribution of renewable energy to the national electricity mix, by 2030, while helping Sri Lanka move towards its long-term goal of achieving net-zero carbon emissions by 2050.

Hayleys Fentons PLC, selected through an international competitive bidding process, is responsible for the installation and maintenance of the wind turbines.

The National System Operator (NSO), operating under the Ministry of Energy, will oversee the integration and management of electricity generated by the project within the national grid.

By Ifham Nizam

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