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TUs affiliated to UNP, SLPP, JVP endorsed CBSL pay hikes

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… Collective Agreement introduced in 2000 continues

Successive goverments have abided by it for 24 years

By Shamindra Ferdinando

The controversial salary hike granted to the employees of the Central Bank of Sri Lanka (CBSL) had been endorsed by three trade unions affiliated to the JVP, the UNP and the SLPP, informed sources told The Island.

Of the other trade unions at the CBSL, two independent groups represent executive officers. The scheme under which the latest collective agreement on salaries was extended for a three-year period was based on a formula introduced in 2000 during Chandrika Bandaranaike Kumaratunga’s tenure as the President.

Declaring that none of the trade unions affiliated to political parties opposed the continuation of the scheme, sources said they had reached a consensus on a salary increase following consultations among all stakeholders.

Prior to 2000, the management had been granting triennial salary revisions since 1991, sources said.

The salary increase has been granted by the CBSL Governing Board, sources said, emphasising that the trade unions with political links could not have endorsed the pay hikes without the knowledge of their parties.

The GB consists of Dr. P Nandalal Weerasinghe (Chairman), A N Fonseka, Dr. Ravi Ratnayake, Anushka S Wijesinha, Vish Govindasamy, Rajeev Amarasuriya and Manil Jayesinghe.

In terms of the agreement reached with the participation of the top management and trade unions, the monthly salary bill increased by 50 percent. 24 percent of that amount was deducted and sent to the Inland Revenue Department as Pay As you Earn (PAYE) tax, as agreed between the top management and the trade unions.

Sources said that the Committee on Public Finance (CoPF) was expected to meet a CBSL delegation over the pay issue in the coming week. A meeting has been tentatively set for 05 March 05 after the CBSL requested an opportunity from Parliament to present its side of the story.

A senior CBSL official said that there was absolutely no truth in claims that the top management and trade unions had granted CBSL employees over 70 percent salary increase.

Even non-members of the CoPF could join the session with the permission of the Chairman of the House Committee.

Sources said that since 2022 nearly 100 CBSL personnel, most of them Staff Class with specialised skills, had resigned due to the current economic situation. He said no government since 2000 had interfered with the Collective Agreement that had been introduced during President Kumaratunga’s tenure.



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Let us dispel the roots of greed, hatred, and delusion, and transform our lives into a nobel period that brings peace and serenity – PM

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Prime Minister Dr Harini Amarasuriya in her Vesak day message called upon all Sri Lankans to dispel the roots of greed, hatred, and delusion, and transform their lives into a nobel period that brings peace and serenity

The Prime Ministers Vesak day message:

“It is an honor to extend Vesak day felicitations to all citizens of the nation during this sacred period in which lives are shaped in accordance with the noble teachings preached by  Lord Buddha, and upholding the practice of Dhamma.

Just as the external world is illuminated by lanterns, this Vesak season should also be an opportunity to illuminate our own hearts with compassion, kindness, and wisdom. Let us dispel the roots of greed, hatred, and delusion, and transform our lives into a nobel period that brings peace and serenity.

“abhittharetha kal‍yāṇē” – Let us hasten towards the common good. The theme for this year’s State Vesak festival reflects the social needs of the present time. While eliminating narrow beliefs and mindsets, this Vesak festival should become a source of blessings and strength for us to build a nation dedicated to the common good and radiant with the values of the Dhamma.

Followed by the guidance of the Mahanayake Theros and the All Island Sasanarakshaka Mandalaya, I extend wishes for the State Vesak Festival, jointly organized by the Ministry of Buddhasasana, Religious and Cultural Affairs and the Ministry of Public Administration, Home Affairs, Provincial Councils and Local Government.

Through the deep bond that exists between the state and” Buddhism, the progress and prosperity of the country can be achieved through righteous governance. It is essential that we cultivate the patience needed to overcome the economic and social challenges we face as a nation, founded on the noble ideal of “May all beings be well, happy and at peace” where justice is ensured for all regardless of caste, race, or religion.

I respectfully invite all of you to join in celebrating an environmentally conscious and nature-friendly Vesak, walking the Middle Path. Let us move forward together towards a society grounded in principled conduct.

May everyone be blessed with a peaceful and meritorious Vesak!

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Prime Minister and United Nations Resident Coordinator discuss post-Ditwah recovery and humanitarian cooperation

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Prime Minister Dr. Harini Amarasuriya met with the United Nations Resident Coordinator in Sri Lanka,  Marc-André Franche, at Temple Trees on Friday  (29 May) to discuss post-Cyclone Ditwah recovery efforts and continued humanitarian cooperation between Sri Lanka and the United Nations.

Particular attention was drawn to the Humanitarian Priority Plan (HPP), launched in December 2025 to support communities affected by the cyclone. The initiative concluded on 30 April 2026 after providing humanitarian assistance to vulnerable populations across 25 districts through the collective efforts of 81 partner organizations.

The discussions highlighted the Government recognized the substantial international support mobilized through the HPP and noted the importance of sustained collaboration to ensure that recovery gains are maintained.

During the discussion the United Nations delegation formally presented the latest SRI LANKA Cyclone Ditwah Situation Report  to the Prime Minister.

(Prime Minister’s Media Division)

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Further embrace the values of Buddhism founded upon non-violence, compassion and boundless loving-kindness towards all living beings – President

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President Anura Kumara Dissanayake in his Vesak day message called upon all Sri Lankans to further embrace in their lives the values of Buddhism founded upon non-violence, compassion and boundless loving-kindness towards all living beings.

The full text of the  Presidents message:

The Vesak festival, which commemorates the three pivotal milestones in the life of Lord Buddha: his birth, his attainment of enlightenment, and his passing (Nirvana), is the most sacred celebration for Buddhists across the world. The people of Sri Lanka, heirs to a proud culture enriched by Buddhist heritage, join Buddhists worldwide in devoutly observing this noble occasion.

Buddhism is the greatest philosophical teaching to have conveyed to the entire world a timeless and practical message of peace. The entirety of the Dhamma preached by the Gautama Buddha is founded upon the Four Sublime Virtues of loving-kindness, compassion, empathetic joy and equanimity.

Furthermore, peace, coexistence and reconciliation constitute the supreme teachings expounded not only by the Buddha but also by all enlightened teachers. Buddhism teaches that, in order to establish peace in the external world, inner spiritual peace within the individual must first be secured. We must recognise that this inward and peaceful approach, as advocated by Buddhism in guiding society towards collective noble objectives, is more relevant today than ever before. I believe that this was also the message brought to Sri Lanka recently by the Vietnamese monk Venerable Pannakara Thero, who undertook a pilgrimage on foot across the country.

Moreover, the celebration of Vesak is not merely a religious observance, but also a magnificent cultural festival that has, for thousands of years, reflected Sri Lankan identity, solidarity and artistic creativity. It is indisputable that the programmes organised alongside Vesak celebrations, giving prominence to acts of religious observance such as almsgiving, the observance of sil, meditation and Dhamma sermons, as well as the devotional offerings and festivities including dansals, Buddhist devotional songs, beautifully crafted lanterns and splendid pandals, greatly contribute towards fostering mutual understanding, reconciliation and coexistence among communities.

Inviting all people to further embrace in their lives the values of Buddhism founded upon non-violence, compassion and boundless loving-kindness towards all living beings, I extend my heartfelt wishes for a blessed Vesak festival in which all hearts may find peace, comfort and serenity through the soothing grace of the Dhamma.

 

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