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‘Prez exploiting bankruptcy status to pursue his agenda’

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By Shamindra Ferdinando

The Wickremesinghe-Rajapaksa government brazenly exploited the latest IMF intervention here to advance its agenda to further weaken the parliament, Prof. Charitha Herath, MP, alleged on Wednesday (04).

Addressing the media at the Nawala Office of Freedom People’s Alliance (FPA), the former Chairman of parliamentary watchdog COPE (Committee on Public Enterprises) said that the Central Bank of Sri Lanka Bill very clearly reflected the current dispensation’s strategy.

Prof. Herath stressed that President Ranil Wickremesinghe as well as some of his ministers claimed that the government was implementing the agreement it reached with the IMF.

Sri Lanka recently received the first tranche of USD 2.9 bn IMF bailout package granted over a period of four years.

The SLPP National List MP said that government members so often made reference to the IMF, the Washington headquartered lending body, seemed to be governing Sri Lanka. Perhaps the IMF hadn’t been a party to the disputed strategies of the current dispensation, lawmaker Herath said, stressing that he didn’t oppose the government seeking IMF intervention.

Prof. Herath, who switched his allegiance to the Opposition in the wake of the SLPP declaring its support to UNP leader Wickremesinghe in July last year, said that they urged the Gotabaya Rajapaksa administration to seek IMF’s help. “We have had IMF bailout packages on 16 previous occasions,” Prof. Herath said, adding that the current political-economic-social crisis could have been averted if assistance was sought at that time.

The first time entrant to parliament was among 82 lawmakers who voted for Dullas Alahapperuma, MP at the vote to elect a new President from among members of parliament to complete the remainder of ousted Gotabaya Rajapaksa’s five-year term.

Prof. Herath accused the government of taking advantage of the country’s bankrupt status to pursue Wickremesinghe’s highly dangerous agenda. The MP explained that the Central Bank of Sri Lanka Bill and the proposed Anti-Terrorism Act were in line with the President’s strategy.

The privatization of profit making enterprises such as Sri Lanka Telecom (SLT) and Lanka Hospitals, too, was pursued on the basis of their agreement with the IMF, the MP alleged.

The current dispensation should be condemned for its irresponsible actions and certainly held accountable for the dire consequences, the rebel SLPP MP said.

MP Herath dealt with the controversial Central Bank of Sri Lanka Bill that received the approval of the Supreme Court. The SC on Tuesday (04) informed Speaker Mahinda Yapa Abeywardena that the Bill could be enacted with a simple majority in parliament.

Reiterating the need to thwart undue political interference in the decision making process in the Central Bank and the Monetary Board, Prof. Herath said however the government shouldn’t be totally deprived of an opportunity to make interventions. One-time Media Ministry Secretary said that he believed the Secretary to the Finance Ministry shouldn’t be allowed to run the operation. But, the removal of the Finance Secretary from the five-member Monetary Board shouldn’t be the answer, Prof. Herath said, warning the government that the Central Bank shouldn’t be totally independent as envisaged in the Bill.

Commenting on the relevance of the country’s supreme law in respect of the controversial Bill, Prof Herath warned the government of dire consequences in case the parliament was deprived of its power over public finance. It would be pertinent to examine how the new Bill impacted on Article 148 of the Constitution. “Article 148 dealt with public finance. Therefore, how could a particular Bill be acceptable if it contravened the Constitution,” the MP told The Island.

Prof. Herath suggested that the proposed arrangement should be subjected to the approval of the all-party Committee on Public Finance (COPF), thereby ensuring the parliamentary role in the process.

Referring to Section 47 of the new Bill, Prof. Herath expressed serious concern over the Central Bank superseding the Parliament in respect of the use of foreign currencies here. Perhaps, interested parties could be thinking of utilization of USD at the Colombo Port City, Chinese currency at Hambantota Port and Indian Rupee somewhere else, the MP said.

He said that such a decision could be made but that should be the prerogative of the Parliament, not the Central Bank as envisaged in the new Bill.

The move to enact a new Anti-Terrorism Act, he pointed out that it should be examined against the backdrop of the growing opposition to the government’s agenda. Declaring that the new Bill sought to suppress legitimate political dissent at all levels and aimed to neutralize social media platforms which the government considered hostile, Prof. Herath warned that the passage of the new law would create an extremely dangerous situation.


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Government’s objective is to ensure the continuous functioning of the country’s economic activities and essential services through effective energy management – President

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President Anura Kumara Dissanayake stated that, in light of the challenges that have arisen due to the prevailing conflict situation in the Middle East, plans are being implemented to manage energy resources effectively while ensuring the uninterrupted continuation of the country’s economic activities and essential services.

The President made these remarks while participating in a discussion held on Monday (16) afternoon  at the Presidential Secretariat to review the immediate measures required to ensure the country’s energy conservation and maintain the uninterrupted functioning of economic activities and essential services, in view of the current disruptions affecting energy supply.

During the discussion, which was attended by the relevant Ministers and Ministry Secretaries, special attention was focused on the measures required to ensure the uninterrupted continuation of public services in light of the prevailing situation.

Extensive discussions were also held on alternative methods that could be adopted in maintaining the operations of government offices. In this context, attention was drawn to the possibility of limiting energy consumption while continuing essential services by granting a one-day holiday for the public service.

Particular attention was also given to examining alternative measures that could be adopted to ensure the continued provision of services with minimal energy consumption, taking into account the specific nature and practical requirements of sectors such as education, health, tourism, fisheries, industry, agriculture, ports and shipping, airport services and digital services.

The President instructed a committee, comprising Ministry Secretaries and sectoral experts, to submit a report by the end of today to determine the fuel allocation required to maintain services in the key sectors.

In addition, the discussion highlighted the importance of making ministerial-level decisions regarding the practical feasibility of performing official duties from home under such circumstances. It was proposed that decisions on summoning officers to their workplaces be delegated to the heads of institutions and that appropriate methods be adopted to ensure the uninterrupted continuation of services.

In view of the prevailing situation, the President paid special attention to the challenges faced by farmers in the agricultural sector and by small and medium-sized industrialists in the industrial sector.

The President further emphasised that, in the current circumstances, the contribution and commitment of all are essential to minimise the potential impact on the country’s economy, while noting that certain groups may be provided with assistance through relief measures.

It was noted that the introduction of the QR system is intended to manage daily fuel consumption in response to the ongoing challenges. This system will allow for the daily analysis of fuel allocations, emphasising the importance of releasing fuel in a manner that safeguards the country’s energy conservation while supporting economic and service activities.

The discussion also highlighted the importance of using the QR system in an orderly manner during fuel distribution and the need for each Ministry to promptly provide all necessary data to the Ministry of Digital Economy. Accordingly, it was proposed that the relevant Ministries, together with the legally recognised petroleum institutions, work to further streamline the QR system.

In addition, it was proposed to temporarily suspend state celebrations in light of the prevailing situation and to establish a procedure for informing the private sector of any further measures the Government intends to take in this regard.

Prime Minister Dr. Harini Amarasuriya, Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath, Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe, Minister of Health and Mass Media Dr. Nalinda Jayatissa, Minister of Public Administration, Provincial Councils and Local Government Professor A.H.M.H. Abeyratne, Minister of Labour and Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, Minister of Industries and Entrepreneurship Development Sunil Handunnetti, Minister of Transport, Highways and Urban Development Bimal Ratnayake, Secretary to the President Dr. Nandika Sanath Kumanayake, Governor of the Central Bank Dr. P. Nandalal Weerasinghe, Senior Advisor to the President on the Digital Economy Hans Wijesuriya, Senior Economic Advisor to the President Duminda Hulangamuwa and a group of officials, including the Secretaries of the relevant Ministries, participated in the discussion.

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UN resolution on Iran ‘unbalanced’: FM Herath

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Vijitha / Zuhair

Zuhair castigates sponsors who failed to condemn aggressors

Foreign Minister Vijitha Herath said that the recently adopted United Nations Security Council (UNSC) resolution that strongly condemned Iran for, what it called, “egregious attacks” on its regional neighbours, was not fair as it did not make reference to Israeli-US initiating the latest conflict.

Herath said so in response to The Island query. He said that the government wouldn’t support country specific resolutions. Minister Herath described the resolution, adopted by a vote of 13 in favour, none against, and two abstentions (China, Russian Federation), as unbalanced. Sri Lanka refrained from co-sponsoring the resolution that had the backing of nearly 140 countries. Both India and Pakistan co-sponsored the resolution.

The JVPer reiterated that both sides should cease attacks and deal with the developing situation in terms of the UN Charter.

The Council condemned, “in the strongest terms,” Iran’s attacks against Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates and Jordan and reiterated its strong support for those countries’ sovereignty, territorial integrity and political independence.

Former Sri Lanka’s Ambassador in Iran, M.M. Zuhair, PC, said that those who co-sponsored the controversial resolution, and the UNSC that adopted it, conveniently failed to take into account unprovoked Israeli-US attack on Iran and the killing of over 1,400 civilians, including nearly 160 children and staff at a girls’ school. The former lawmaker said that the UN Security Council had failed in its fundamental duty to prevent or end the Israeli-US joint aggression on Iran or, at least, to condemn the unprovoked military action.

By Shamindra Ferdinando

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Japan provides grant for reinforcement of Cyclone Ditwah damaged bridge

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Ambassador Isomata and Ven. Nagolle Nandaratana, Chairman of DIMUTHU Community Development Society signed the agreement (pic courtesy Japanese embassy)

Japanese ambassador in Colombo Akio Isomata on 16 March signed a grant contract for reinforcing a bridge in Buttala under the scheme of “Grant Assistance for Grassroots Human Security Projects (GGP)”. The contract was signed with Ven. Nagolle Nandaratana, Chairman of DIMUTHU Community Development Society.

The text of the Japanese embassy press release: “The Government of Japan has provided USD 25,432 (approx. LKR 7.8 million) for a project implemented by the DIMUTHU Community Development Society. This grant will fund urgent reinforcement of the bridge abutments which were damaged by Cyclone Ditwah, and construction of retaining walls to safeguard the bridge, which ensures safe access of 3,200 residents to education and healthcare services.

Emphasising Japan’s focus on strengthening institutional frameworks to address natural disasters in Sri Lanka, Ambassador ISOMATA remarked: “As Sri Lanka moves on to the phase of recovery and reconstruction, Japan remains steadfast in its resolve to stand by the people of Sri Lanka”. Ambassador also said: “The project for which we signed today will not only contribute to the recovery and reconstruction of areas affected by Cyclone Ditwah and socio-economic development of the country, but will also stand as an enduring symbol of the unwavering friendship between the peoples of Japan and Sri Lanka.”

Commenting on the receiving of this grant assistance, Ven. Nagolle Nandaratana, Chairman of DIMUTHU community Development Society, stated, “Japan and Sri Lanka share a beautiful, long-standing friendship. Beyond just development, we’ve always admired the Japanese way of doing things—with precision, discipline, and kindness. This approach has truly been our guide in making our past collaborations, like our water projects and community buildings, such a lasting success.

Special thanks to the Ambassador, the hardworking Embassy team, and our coordinator for making this happen. “

Since 1989, Japan has been providing a total of USD 62 million in assistance for Sri Lanka through the GGP (Grant Assistance for Grassroots Human Security Projects) scheme.”

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