News
Ranil for system change with participation of youth
UNP leader and former Prime Minister Ranil Wickremesinghe has called for a system change with the involvement of the country’s youth.
Speaking at a meeting with young professionals at the party headquarters Sirikotha, Kotte, on Saturday (07) to discuss the current situation in the country, Wickremesinghe said the country currently had less than US $ 25 million in reserves.
The country had lost Rs. 800 billion due to tax cuts under the present government, he said.
“We can’t repay debts right now and we have to restructure our debt,” he said.
Wickremesinghe said the government should cut down on unnecessary expenditure and provide relief to the people. The government would have to further increase fuel prices if it wanted to increase revenue, he added.
He warned that the country’s banking system was in danger of collapsing due to the inability of the government to repay loans.
He said those issues could be resolved within two years.
“As soon as economic crisis is resolved, we need to address other issues,” he said. “In order to do so, the entire system must be changed.”
Wickremesinghe explained that a systemic change required a new approach to education and the youth should be financially supported to explore new educational avenues. He said that a new political system should be adopted along with the change in the system.
“Our education and workforce must adapt to all changes so that we can see a resurgence of the country’s middle class,” the former PM said, noting that at the time of Independence, Sri Lanka had been on par with Japan and now it had fallen even below Afghanistan.
News
Proposed EPF-ETF merger harmful to private sector workers – FSP
… alleges NPP trying to implement UPFA, UNP plan
Front-line Socialist Party (FSP) yesterday (24) alleged that the NPP government’s move to amalgamate the Employees’ Trust Fund (ETF) and the Employees’ Provident Fund (EPF), under a unified, tripartite governance framework, would be detrimental to the private sector workers.
Addressing the media at Melder Place, Nugegoda, FSP spokesman Duminda Nagamuwa said that the Cabinet of Ministers approved this proposal on 15 June.
Nagamuwa claimed that the NPP was trying to implement what President Mahinda Rajapaksa had sought to do, in 2011, causing the police to open fire on a group of the Export Processing Zone workers, protesting against the move to create a private pension scheme. A worker, identified as Roshen Chanaka, was shot by police on May 30, 2011, and he succumbed to his injuries.
Pointing out that the EPF and the ETF had been established for the benefit of private sector workers but with different objectives, Nagamuwa warned that amalgamation of the two funds could cause unnecessary complications.
The FSP spokesman said that Ravi Karunanayake, in his capacity as the Finance Minister of the Yahapalana government, in late November 2015 had declared their intention to amalgamate the ETF with the EPF.
FSP’s Pubudu Jayagoda told The Island that they expected all political parties, other than the NPP, to disclose their stand on the vital issue. Jayagoda urged the Opposition to take a stand on the vital issue .
By Shamindra Ferdinando
News
Opposition argues that National Environment Amendment Bill is unconstitutional
The Opposition yesterday argued in Parliament that the National Environment Amendment Bill was unconstitutional. The Opposition said that it violated the 13th Amendment.
SJB and Opposition Leader Sajith Premadasa argued that the approval of the Provincial Councils was required for the Bill to go ahead, as it was a subject in the Concurrent List of powers as per the 13th Amendment to the Constitution.
The MP also said that the clause which enables the Central Government to file legal actions against Local Government bodies was unconditional as well, since local bodies are included in the Provincial Councils list.
“How can you go ahead at a time when the Provincial Councils do not function properly,” Premadasa questioned.
ITAK MP P. Sathyalingam also raised the issue, but Speaker Jagath Wickramaratne, who responded, said the MPs could raise the relevant matters during the debate.
News
ITAK makes representations to BJP TN President
The leader of the Ilankai Tamil Arasu Kachchi (ITAK) and parliamentarian Sivagnanam Shritharan recently met the Bharatiya Janata Party’s Tamil Nadu state president, Nainar Nagenthran in India during a three-day visit in which discussions centred on the political and livelihood challenges facing Tamils in the North-East of Sri Lanka.
According to a statement issued by MP Shritharan, the talks ranged across a number of contemporary issues confronting the Tamil people among them the demolition of ancestral Tamil Hindu temples and the construction of Buddhist viharas in their place, the skeletal remains being exhumed at the Chemmani mass grave, and efforts to secure justice for the alleged genocide committed against the Tamil people.
The statement said the two sides had also discussed a lasting settlement to the Tamil national question.
“There was an extensive exchange of views between both sides on a permanent political solution for the Eelam Tamils and the political aspirations of the Tamil people.”
The two had agreed to continue such meetings and consultations in future, the statement added, and Shritharan was hosted for lunch during the visit.
Also present was the veteran Tamil political figure K. S. Radhakrishnan, described in the statement as having more than fifty years of experience in Tamil political affairs, along with the BJP’s Tamil Nadu state secretary and several senior party representatives.
Nagenthran, a former Tamil Nadu state minister, has headed the BJP’s Tamil Nadu unit since April 2025 and is leading the party’s bid to unseat the governing DMK in the state.
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