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2025 Budget: Positive Welfare Measures, but Economic Concerns Remain, says Prof. Tissa Vitharana

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Prof. Tissa Vitharana, leader of the Lanka Sama Samaja Party (LSSP), has welcomed several key aspects of the 2025 national budget, particularly its emphasis on social welfare, but raised significant concerns about the country’s economic trajectory, urging stronger action to avoid a return to bankruptcy.

One of the most promising features, according to Vitharana, is the prioritization of nutrition for the nearly 63% of families in Sri Lanka who struggle to access three meals a day. With malnutrition rates possibly doubling to 14.3%, Vitharana emphasized that Sri Lanka’s robust public health service is well-positioned to target the most vulnerable households. He expressed hope that the government would implement this initiative effectively, acknowledging the importance of addressing food insecurity in a country where many families are forced to subsist on one meal per day for adults and two for children.

Vitharana also lauded the government’s focus on promoting industrial development, particularly in the export sector, pointing to the successful Vidatha Program and SLINTEC, which he helped establish as former Minister of Science and Technology. He noted that over 30,000 entrepreneurs have emerged through the Vidatha program, and many are now contributing to the country’s export revenue. He urged the President and Finance Minister to ensure that the budget adequately supports this critical sector.

Another highlight of the budget, according to Vitharana, is the allocation for education, renewable energy, and digitalization. He also supported the government’s initiative to make use of the country’s oil tanks, which could potentially enhance energy security.

However, Vitharana expressed concerns regarding the health sector, particularly the severe shortage of essential medicines, many of which are imported at high prices. He pointed out that this shortage is causing immense hardship for those with chronic illnesses, particularly low-income individuals who cannot afford the high costs of private pharmacies. He called for greater attention to implementing the WHO-approved Senaka Bibile medicinal drug policy, which ensures affordable, high-quality medicines.

On the economic front, Vitharana criticized the government’s growing reliance on foreign loans, noting that recurrent expenditure is four times higher than capital expenditure. This, he argued, undermines the potential for economic development and may lead Sri Lanka back into a debt crisis. He also highlighted the situation in the rice market, where traders and mill owners are benefiting from higher prices while government reserves remain low.

Vitharana further expressed concern about the budget’s reliance on indirect taxes, which he believes will disproportionately burden the poor and middle classes, exacerbating income inequality.

In conclusion, Vitharana drew comparisons to the 1970s, recalling how LSSP leader Dr. N. M. Perera, as Finance Minister, navigated Sri Lanka through an economic crisis without raising taxes. He urged the current government to adopt similar strategies to avoid exacerbating the nation’s fiscal problems. He also referenced his COPA Chairman’s report in Parliament, which advocates for quicker tax collection from large corporations and tackling issues such as the ongoing elephant-human conflict.



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May the blessings of Lord Shiva bring peace, good health, and spiritual fulfillment to your homes and to our beloved country – PM

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Prime Minister Dr Harini Amarasinghe in her Maha Shiva Ratri message wished that  the blessings of Lord Shiva bring peace, good health and spiritual fulfillment to every home and our beloved country.

The PM’s Maha Shiva Ratri message:

“As we observe the sacred occasion of Maha Shivaratri, I extend my warmest greetings to the Hindu community of Sri Lanka and to devotees across the world.

Maha Shivaratri, the “Great Night of Shiva,” stands as a profound symbol of the triumph of light over darkness and wisdom over ignorance. It is a time for deep reflection, spiritual discipline, and the pursuit of inner peace.

In our multicultural and multireligious society, this festival reminds us of the shared values that unite us — selflessness, compassion, and the strength to overcome challenges through unity and faith. As devotees spend the night in prayer and meditation, may we all reflect on how we can contribute to building a more harmonious, inclusive, and prosperous nation.

May the blessings of Lord Shiva bring peace, good health, and spiritual fulfillment to your homes and to our beloved country”.

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India vs Pakistan match is a godsend for T20 World Cup hosts Sri Lanka

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The last time India and Pakistan played in Sri Lanka was in 2023 at the Asia Cup, when fans from both countries and the host nation thronged the R Premadasa Stadium in Colombo [Aljazeera]

Almost 30 years ago today, India and Pakistan formed a combined cricket team to take on Sri Lanka ahead of the 1996 Cricket World Cup in an unprecedented moment of unity in the sport’s history.

The two age-old rivals put aside their differences and came together in an act of solidarity to support a fellow South Asian team, who faced the threat of match boycotts in a tournament they had battled hard to host.

India versus Pakistan is the most highly marketed fixture at every multination tournament – the World Cup, Asia Cup or Asian Games – whether it’s a men’s, women’s or Under-19 event.

Few sporting events globally carry the weight and anticipation of an India-Pakistan cricket match. So, when Pakistan’s government ordered its team not to face India at the ongoing T20 World Cup, the tournament was briefly pushed into a state of chaos.

It also left Sri Lanka, the designated host of the fixture, holding its collective breath.

A week of negotiations led to a dramatic late U-turn by the Pakistani government and the match will now take place as scheduled on Sunday at the R Premadasa International Cricket Stadium in Colombo.

But what if the boycott had gone ahead? The impact could have been catastrophic, not just for Pakistan, but also for the International Cricket Council (ICC), as well as Sri Lanka.

With the crisis seemingly averted, the island nation stands poised to reap the benefits in its financial landscape, diplomatic standing and community.

The tourism and hospitality industry was one of the hardest hit during Sri Lanka’s financial meltdown and this match will see an enormous influx of fans from India and Pakistan coming into the country.

Hotels in and around Colombo were fully booked out well ahead of the tournament but the industry braced itself for heavy losses after Pakistan threatened a boycott.

“There’s been a massive impact since the boycott was announced,” Sudarshana Pieris, who works in Sri Lanka’s hospitality sector, told Al Jazeera.

“All major hotels in Colombo were fully booked by Indian travel agencies well ahead of the match and once the boycott was announced, we lost almost all of those bookings,” he said.

“But after Pakistan reversed their decision, hotel room rates shot up by about 300-400 percent at five-star establishments in Colombo.”

It’s not just hotels but several other local businesses – from street vendors to high-end restaurants – who are hoping for an increased footfall and spending over the weekend.

These short trips and the experiences they offer could influence visitors to extend their stay or return to Sri Lanka on holiday, long after the game has ended, in a potential long-term benefit to the industry.

Another relatively underestimated impact of the game would be the employment opportunities it creates, albeit temporarily, in the media, event management, security and transportation industries.

Asanka Hadirampela, a freelance journalist and broadcaster currently working as a Sinhala language commentator for the World Cup, recognises the marquee match as a great opportunity from a personal standpoint.

“This is my first World Cup as a broadcaster,” Hadirampela said.

“The India-Pakistan fixture is the biggest and most-watched game of the tournament. So to get to work on such a match is exciting and I consider it a special achievement.”

The lines are always blurred between sport and politics in South Asia.

So while the financial gains are expected to be significant, the fixture’s impact on the region’s geopolitical environment cannot go amiss.

Pakistan’s boycott, too, was explicitly political, as confirmed by the country’s Prime Minister Shehbaz Sharif when he said that they were offering support to Bangladesh after the Tigers were kicked out of the tournament by the ICC.

The reversal of Pakistan’s decision, which they said came after requests to reconsider the boycott by several regional “friends”, was steeped in politics, too.

Sri Lanka’s President Anura Kumara Dissanayake reportedly had a phone conversation with PM Sharif, urging his government to rethink their decision to boycott the game as the successful staging of this encounter would not only position Sri Lanka as a capable host of global sporting events but also reinforce its standing as a neutral mediator in a region fraught with geopolitical complexities.

Sri Lanka and Pakistan have always maintained strong diplomatic relations, which have extended to the cricket field as well.

Sri Lanka were one of the first teams to travel to Pakistan following their 10-year ostracisation from international cricket, which came as a result of a terrorist attack targeting the Sri Lankan team in March 2009.

When Al Jazeera reached out to Sri Lanka Cricket (SLC), its vice president Ravin Wickramaratne confirmed that SLC did, indeed, reach out to the Pakistan Cricket Board (PCB) after the boycott was announced.

“We asked them to reconsider the decision,” Wickramaratne said.

“It [boycott] would have impacted Sri Lanka economically, whether directly or indirectly.

“We have always had a good relationship with the PCB and we have always supported them, so we’re happy with their decision.”

A little over 24 hours ahead of the match in Colombo, there is a sense of palpable excitement and a growing buzz around the fixture as it returns from the brink of cancellation.

As of Saturday morning, 28,000 tickets had been sold for the game but local organisers expect a capacity crowd of 40,000 to make it into the stands.

Come Sunday, thousands more will line the streets in and around Maligawatte, the bustling Colombo suburb that houses the famous Premadasa Stadium.

INTERACTIVE -STADIUMS- T20 MEN'S CRICKET WORLD CUP - 2026 - FEB3, 2026-1770220847
(Aljazeera)
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“We Are Building a Stable, Transparent and Resilient Sri Lanka Ready for Sustainable Investment Partnerships” – PM

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Prime Minister Dr. Harini Amarasuriya addressed members of the Chief Executives Organization (CEO) during a session held on Thursday [3 February 2026] at the Shangri-La Hotel, Colombo, as part of CEO’s Pearl of the Indian Ocean: Sri Lanka programme.

The Chief Executives Organization is a global network of business leaders representing diverse industries across more than 60 countries. The visiting delegation comprised leading entrepreneurs and executives exploring Sri Lanka’s economic prospects, investment climate, and development trajectory.

Addressing the gathering, the Prime Minister emphasized that Sri Lanka’s reform agenda is anchored in structural transformation, transparency, and inclusive growth.

“We are committed not only to ensuring equitable access to education, but equitable access to quality education. Our reforms are designed to create flexible pathways for young people beyond general education and to build a skilled and adaptable workforce for the future.”

She highlighted that the Government is undertaking a fundamental pedagogical shift towards a more student-focused, less examination-driven system as part of a broader national transformation.

Reflecting on Sri Lanka’s recent political transition, the Prime Minister stated:

“The people gave us a mandate to restore accountability, strengthen democratic governance, and ensure that opportunity is not determined by patronage or privilege, but by fairness and merit. Sri Lanka is stabilizing. We have recorded positive growth, restored confidence in key sectors, and are committed to sustaining this momentum. But our objective is not short-term recovery it is long-term resilience.”

Addressing governance reforms aimed at improving the investment climate, she said:

“We are aligning our legislative and regulatory frameworks with international standards to provide predictability, investor protection, and institutional transparency. Sustainable investment requires trust, and trust requires reform.”

Turning to the recent impact of Cyclone Ditwa, which affected all 25 districts of the country, the Prime Minister underscored the urgency of climate resilience.

“Climate change is not a distant threat. It is a lived reality for our people. We are rebuilding not simply to recover, but to build resilience, strengthen disaster mitigation systems, and protect vulnerable communities.”

Inviting CEO members to consider Sri Lanka as a strategic partner in the Indo-Pacific region, she highlighted opportunities in value-added mineral exports, logistics and shipping, agro-processing, renewable energy, pharmaceuticals, and innovation-driven sectors.

“We are not looking for speculative gains. We are seeking long-term partners who share our commitment to transparency, sustainability, and inclusive development.”

She further emphasized collaboration in education, research, vocational training, and innovation as essential pillars for sustained economic growth.

Concluding her address, the Prime Minister expressed appreciation to the Chief Executives Organization for selecting Sri Lanka as part of its 2026 programme and reaffirmed the Government’s readiness to engage constructively with responsible global investors.

The event was attended by the Governor of the Western Province,  Hanif Yusoof, and other distinguished guests.

[Prime Minister’s Media Division]

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