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Ranil urges govt. to speed up credit line with India before food riots break out

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Former Prime Minister Ranil Wickremesinghe yesterday urged the government to finalise the credit line with India to purchase food, fuel, etc., as soon as possible. Wickremesinghe told the media that the foreign exchange crisis and the general deterioration of the economy had pushed the people to the brink of rioting.

“People can’t tolerate this anymore. The businesses are down, people are losing jobs, the middle class is shrinking, and the farmers are ruined. The government is blaming COVID-19 for everything but there are a lot of countries that have done well in the last two years. We too can solve these,” he said.

Wickremesinghe said that the government should go to the IMF now or should present an acceptable alternative to the country. Since, neither had been done, the people were angry, he said.

The former Prime Minister claimed that the looming food crisis would push the citizens towards starvation and that nothing could stop a full blown food crisis, by the 2022 Sinhala and Tamil New Year, if Sri Lanka continued on the current trajectory.

“The most optimistic forecast is that the harvest will be 60% compared to last year. Imagine the political impact of hunger. People will be angry and the slightest thing will trigger chaos. It is not good for the government, Parliament or the citizens. We must avoid this at all costs,” he said.

Wickremesinghe said that Sri Lanka was trying to obtain a Central Bank swap and credit lines for fuel, food and medicines from India and that the government must finalise those agreements as soon as possible.

“Getting a swap and credit lines will not solve the forex crisis but at least we will have food, fuel and medicine in the country. Until we figure out a medium or long term solution to the forex crisis, we must at least try to prevent chaos in the next few months,” he said. (RK)



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Fuel prices increased

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The Ceylon Petroleum Corporation (CEYPETCO) has announced a revision of fuel prices, effective from midnight on Saturday (May 30).

Accordingly,
the price of Auto Diesel has been increased by Rs. 15 to Rs.407 per liter,
the price of Super Diesel has been increased by Rs. 20 to Rs. 478 per liter.
the price of Petrol 92 Octane has been increased by Rs. 24 to Rs. 434 per liter
the price of Petrol 95 Octane up by Rs. 25 to Rs. 495 per liter
the price of kerosene by Rs. 20 to Rs. 285 per liter.

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Sangha reform drives stymied from within: CBK

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Chandrika

Former President Chandrika Bandaranaike Kumaratunga has called for a comprehensive reform programme within Sri Lanka’s Buddhist clergy, warning that repeated efforts to strengthen the Sasana have in the past been derailed by opposition from within sections of the Sangha itself.

In a statement addressed to the Mahanayake Theras of the three Buddhist chapters, Kumaratunga stressed that the long-term preservation of Buddhism depends on safeguarding both the Dhamma and Vinaya, or disciplinary code, and urged urgent internal reform to address what she described as deep-rooted structural weaknesses.

She noted that Buddhist history has consistently demonstrated that periods of institutional crisis were addressed through reform processes, citing precedents from the First Buddhist Council to reforms during the Kandyan era under Welivita Sri Saranankara Thera.

Referring to post-independence efforts, Kumaratunga said initiatives taken during the 1956 Bandaranaike administration to strengthen Buddhism were left incomplete following the assassination of former Prime Minister S.W.R.D. Bandaranaike.

She further stated that during her own presidency, plans to convene a Buddhist Council under the guidance of the late Madihe Pannasiha Mahanayake Thera had received government backing but were ultimately abandoned due to resistance from certain sections within the clergy.

The former President alleged that, on both occasions, vested interests benefiting from existing weaknesses within the Buddhist establishment had worked to obstruct meaningful reform efforts.

Warning that Buddhism in Sri Lanka is currently facing serious challenges, she called for a broad internal dialogue within the Sangha to identify root causes and implement both short- and long-term corrective measures.

Kumaratunga urged the Mahanayake Theras to take the lead in convening a Dharma Sanghayana, or Buddhist Council, and said she was prepared to work with senior lay Buddhist leaders to support such an initiative.

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Court orders arrest of Basil

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The Colombo Fort Magistrate’s Court on Friday ordered the arrest of former Minister Basil Rajapaksa, Tourism Promotion Bureau Chairman Bhashwara Gunaratne, Managing Director Rumi Jauffer and several others over the alleged misuse of Rs. 7.8 million belonging to the Tourism Promotion Authority during the 2014 Uva Provincial Council election campaign.

Magistrate Pasan Amarasena directed the Criminal Investigation Department (CID) to arrest and produce the suspects before court, after it was informed that they would be named under the Public Property Act on the advice of the Attorney General.

The CID told court that attempts to take the suspects into custody from their residences had been unsuccessful as they were not present.

The Magistrate also imposed an overseas travel ban on the suspects and ordered that the Controller of Immigration and Emigration be notified.

Investigations have reportedly revealed that the funds were used to print 12,000 T-shirts bearing an image of former President Mahinda Rajapaksa on one side and the name of a political party on the other.

According to the CID, the T-shirts were later distributed at a political event held in the Monaragala District.

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