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Ranil likely to go for presidential poll first – sources

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ECONOMYNEXT – Sri Lanka leader Ranil Wickremesinghe is likely to hold presidential election before any other polls after November 16 2023, three sources close to him said, as he seeks a $2.9 billion IMF loan to consolidate the economy which is on a slow recovery path from a crisis.

Wickremesinghe was elected as the president in the 225-member parliament on July 19, days after former president Gotabaya Rajapaksa fled the country fearing for his life following tens of thousands of protesters stormed into the presidential palace, demanding his resignation after his failed economic policies. He quit after reaching Singapore.

Sri Lanka’s opposition parties and many protestors who led the ousting of Rajapaksa are now demanding both local government and parliamentary polls citing that the current government has no mandate to be in power as its failed economic policies have forced the people to oust them.Presidency of Wickremesinghe, a six-time prime minister, has been criticized by the opposition and protestors as he was not elected by the public.

Wickremesinghe became the president when he entered the parliament through a national list after his center-right United National Party (UNP) failed to win a single parliament seat in the 2020 parliamentary polls.

“The president is considering the presidential poll first and it will give him a legitimate mandate to push for reforms that are now formulated,” a source close to Wickremesinghe told EconomyNext.

“He can be the president for two more years. But the reforms need more time to see the country economically recovered and is on a strong foot.”

Another source close to Wickremesinghe said there could be division among the current parliament composition if he goes for any other elections other than presidential.

“We see a slight recovery though the worst is yet to come after the implementation of tax policies and IMF reforms. Doing party politics in the next one year will reverse all the reforms,” the second source said.

Focus is on crisis

The President’s office did not comment on a possible presidential poll before both local government and parliamentary elections. However, an official at the president’s office said Wickremesinghe has not been focusing on “any election” now.

“Election is not his priority right now. He has never said anything in any election so far. He is busy with the economic policies to get the country out of the current mess,” the source, a senior official at the presidential secretariat told EconomyNext.

“He has categorically told internal officials that the country’s private sector, civil society organizations, all political parties, and the people should get together to face the current crisis and if we don’t unite, there won’t be a country to do politics after one year.”

The island nation’s political parties are now gearing up for an election. The former ruling center-left nationalist Sri Lanka Podujana Peramuna (SLPP), main opposition Samagi Jana Balawegaya (SJB), and Marxist opposition Janatha Vimukthi Peremuna have already started campaigns at village level.The parliament election should be held after August 5, 2025, five years after it was held. But President Wickremesinghe can dissolve the parliament and call for an early election after February 2023,

The tenure of the current presidency ends in November 2024. However, the incumbent president can call for an early election if the leader wants. This means Wickremesinghe can call for early election after November 16, 2023.



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Iranian ships stranded, Lanka fears US sanctions

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‘Companies may face US sanctions’: Lanka to put ‘national interest’ first as 19 Iranian vessels seek help

(ToI) Sri Lanka said on Friday it would “prioritise our national interests” before providing assistance to the crews of 19 Iranian ships anchored in international waters near the island nation.The crews are facing shortages of food, water and fuel. A foreign ministry spokesperson cited the risk of US sanctions against Sri Lankan companies supplying the vessels as a key concern.

The United States and Iran have been at war since February 28, when the US and Israel launched joint strikes against the Islamic Republic.

“Sri Lanka will put its national interest first before considering any help, and the companies that supply ships are aware of possible secondary sanctions from the United States,” spokesperson Thushara Rodrigo told reporters, ruling out any immediate assistance to the vessels.

Rodrigo clarified, however, that Sri Lanka had received no communication from the United States warning of repercussions if it decided to assist the vessels.According to Rodrigo, the ships are stationed 24 nautical miles off Sri Lanka’s coast.The Iranian Embassy said it had no information on the matter.

In March, a US torpedo attack sank the Iranian naval vessel IRIS Dena in Sri Lankan waters, killing 87 sailors.

The ship was returning to Iran after participating in a naval exercise at India’s invitation. A second Iranian vessel was brought to a Sri Lankan port after its crew reported technical problems.

Wounded sailors were treated at Sri Lankan hospitals, while those rescued from the second vessel were safely repatriated to Iran.

Sri Lanka is still recovering from an economic crisis, with both the United States and Iran serving as important trading partners. Washington played a key role in securing an International Monetary Fund bailout and supporting Sri Lanka’s agricultural sector to help avert a food crisis.

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Sri Lanka CERT warns of overseas university admission scams

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Sri Lanka CERT has warned the public of fraudulent social media advertisements offering admission to foreign universities after receiving complaints from parents and students who have lost hundreds of thousands of rupees to scammers.

The fraudsters reportedly pose as representatives of reputed foreign universities, promising admission, student visas, work permits and even eventual citizenship in return for registration fees and initial tuition payments.

They use convincing videos, photographs and documents circulated via email and WhatsApp to gain the confidence of unsuspecting victims before asking them to transfer money to foreign bank accounts. The scammers then disappear after receiving the payments, Sri Lanka CERT said.

The agency has urged prospective students and their parents to verify the authenticity of university representatives, documents and bank account details before making payments, and to seek overseas education opportunities only through legitimate and recognised channels.

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Navi Pillay’s Lankan affairs in focus as she wins 2026 Nobel Peace Prize

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Navi Pillay

Former UN High Commissioner for Human Rights and International Court of Justice judge Navanethem “Navi” Pillay has won the 2026 Nobel Peace Prize for her contribution to international law and efforts to promote peace, the Norwegian Nobel Committee announced in Oslo on Friday.

Announcing the award, committee chairman Jørgen Watne Frydnes said Pillay had “significantly enlarged the scope and impact of international law” and helped advance “a more comprehensive global legal order” with exceptional courage. He also praised her long career, which began as a lawyer confronting deep-rooted discrimination in South Africa, and described her as a person with a “firm moral compass”.

Pillay, 85, served as the UN High Commissioner for Human Rights from 2008 to 2014. Her tenure brought her into sharp focus in Sri Lanka, particularly over her assessment of the country’s human rights situation in the aftermath of the decades-long civil war.

During an official fact-finding visit to Sri Lanka from August 25 to 31, 2013, Pillay travelled to areas including Jaffna, Kilinochchi and Trincomalee, where she met civil war survivors, families of the disappeared and local communities.

Following the visit, she warned that Sri Lanka was moving towards authoritarianism and highlighted what she described as a persistent climate of fear.

She also reported intimidation and harassment of people who had sought to meet her during the mission.

Pillay urged the UN Human Rights Council to establish an international inquiry mechanism to investigate alleged war crimes and crimes against humanity committed by both government forces and the LTTE during the final stages of the 26-year civil war.

Her observations and recommendations became a significant part of international scrutiny of Sri Lanka’s post-war human rights record.

The Norwegian Nobel Committee received 287 nominations for this year’s Peace Prize, slightly more than a quarter of them being organisations. The committee traditionally considers efforts to promote peace, international fraternity and institutions that contribute to lasting stability.

Last year, Venezuelan opposition leader Maria Corina Machado won the prize for her campaign for a democratic transition in Venezuela. She was praised as a woman who kept the flame of democracy burning amid growing darkness.

The 2026 award marks the 125th anniversary of the Nobel Peace Prize, first presented in 1901. Over its history, the prize has recognised prominent figures and organisations involved in advancing peace, human rights and international cooperation.

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