News
A working majority in Parliament will not help tackle crisis – Ranil
Urgent action needed to prevent collapse of banking system
By Chaminda Silva
A working majority in Parliament would not help solve the present crisis and therefore the leaders of political parties should not worry about securing 113 seats there, UNP leader Ranil Wickremesinghe said yesterday.
Addressing the UNP’s Jathika Sevaka Sangamaya May Day ceremony at New Town Hall in Colombo Wickremesinghe said that the rulers, instead of worrying to secure numbers in Parliament, must talk to the international community and seek its assistance to get the country out of the present crisis. “Having 113 MPs in Parliament is no longer the solution for the present problem. The country is facing an economic crisis of unprecedented proportion. The national economy has almost collapsed. Agriculture is in death throes without fertilisers. Fishers have no diesel. Many have lost their jobs. Companies are downsizing at the expense of their workers. Some have already been closed down. Thousands of more jobs are likely to be lost. Medium scale enterprises have collapsed and small-scale enterprises are facing the same predicament. The value of money deposited in the banks has been lost by around 50 percent. The value of the savings in the EPF and ETF has decreased by around 50 percent. There are protests and demonstrations all over the country. People are asking the government to go home. The government has lost its mandates received at the 2019 and 2020 elections.
The government is divided on who should go—whether it is the President or the Prime Minister. Priority should be given to solve the economic crisis.
“The prevailing problems cannot be solved by mustering 113 seats in Parliament. The problem, however, could be solved. For that purpose, income taxes have to be increased. Fuel prices and electricity prices would have to be increased. The value of the US dollar which was at Rs. 185 rupees is likely to reach Rs 400. Therefore, the government expenses have to be cut down. In the meantime, the government should talk to the international community to secure its assistance.
“The government should take immediate action to control the prices of essential goods. It should pay attention to saving the banking system from collapse. We saw how the banking sector collapsed in Greece and the same happened in Indonesia in 1998. The government should speak to India, China, Japan and South Korea to seek help,” Wickremesinghe said.
The Indian Naval Ship (INS) Sahyadri which arrived at the Port of Colombo on a formal visit on 04 Apr 25, departed the island today (07 Apr). The Sri Lanka Navy bade customary farewell to the departing ship at the Port of Colombo, following naval traditions.
During the ship’s stay in Colombo, crew members of INS Sahyadri took part in several programmes organized by the Sri Lanka Navy, aimed at enhancing mutual cooperation. In addition, they also explored some tourist attractions in the country. Further, personnel of Sri Lanka Navy had the opportunity to visit INS Sahyadri, gaining insights into her operational capabilities.
Latest News
Advisory for severe lightning issued for Sabaragamuwa, Central and Uva provinces and in Hambanthota district
The Natural Hazards Early Warning Centre has issued an Advisory for Severe Lightning for the Sabaragamuwa, Central and Uva provinces and in Hambanthota district.
The advisory issued at 02.00 p.m. today [07 April 2025] is valid for the period until 11.00 p.m. 07 April 2025
The public are warned that thundershowers accompanied by severe lightning are likely to occur at several places in for Sabaragamuwa, Central and Uva provinces and in Hambantota district. There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.
ACTION REQUIRED:
The Department of Meteorology advises that people should:
Seek shelter, preferably indoors and never under trees.
• Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
• Avoid using wired telephones and connected electric appliances during thunderstorms.
• Avoid using open vehicles, such as bicycles, tractors and boats etc.
• Beware of fallen trees and power lines.
• For emergency assistance contact the local disaster management authorities.
The report of the “Census of Population and Housing 2024,” conducted by the Department of Census and Statistics, was officially handed over to President Anura Kumara Disanayake this morning (07) at the Presidential Secretariat.
This preliminary report has been prepared based on island wide data collected between October and December 2024.
The report provides details on Sri Lanka’s population, its growth and the distribution of the population across districts.
The information gathered through the census is vital not only for the government but also for other institutions in formulating policies and development plans essential for the country’s progress. Significantly, for the first time in the history of census-collecting in Sri Lanka, data collection was carried out using tablet computers and user-friendly mobile devices.
The event was attended by Deputy Minister of Finance & Planning, Harshana Suriyapperuma, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Finance Mahinda Siriwardana, Director General of the Department of Census and Statistics D.D.G.A. Senevirathne and several other officials.
INS Sahyadri sets sail from Colombo
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Advisory for severe lightning issued for Sabaragamuwa, Central and Uva provinces and in Hambanthota district
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