News
Blamed for current crisis, Monetary Board before House Committee today
By Shamindra Ferdinando
Chairman of the Committee on Public Finance (CoPF) Anura Priyadarshana Yapa, MP, says they’ll inquire into the possibility of bringing former Governor of the Central Bank Ajith Nivard Cabraal before the Watchdog Committee inquiring into the conduct of the Monetary Board pertaining to the current crisis.
Governor, CBSL chairs the five-member Monetary Board.
Cabraal, who succeeded Prof. W.A. Lakshman as Governor, CBSL, in Sept last year, announced his resignation on Monday (04) with the resignation of virtually the entire Cabinet as the economic crisis triggered political mayhem with unprecedented protests that began with one outside President Gotabaya Rajapaksa’s residence at Mirihana.
SLPP lawmaker Yapa said that the Monetary Board members were scheduled to appear before the CoPF today (06).
Earlier, the Monetary Board was scheduled to appear before the CoPF on March 21. It was later rescheduled for March 24 but at the last moment, the CBSL informed the CoPF that the entire Monetary Board couldn’t attend the meeting as board member S. R. Attygalle, Secretary to the Ministry of Finance, was to hold discussions with the World Bank on that day.
Subsequently, the CoPF tried to arrange the meeting scheduled for April 01.
The Monetary Board consists of the Governor of the Central Bank (ex-officio), Treasury Secretary S.R. Attygalle (ex-officio), President’s Counsel Sanjeeva Jayawardena, Dr. Rani Jayamaha and Samantha Kumarasinghe.
Recently, former Deputy Governor of the Central Bank Dr. W.A. Wijewardena in a brief interview with The Island asserted that the country wouldn’t have landed in the current predicament if the Central Bank floated the Rupee in April 2021 during the tenure of Prof W.D. Lakshman as the Governor of the Central Bank.
Dr. Wijewardena said that the current crisis should be studied against the backdrop of the CBSL delaying the depreciation of the rupee till early March this year.
CoPF member Dr. Harsha de Silva said that Cabraal, who had served as the State Finance Minister before receiving the appointment as Governor, CBSL, quit the job within six months. Lawmaker de Silva asked what had happened to the former Governor’s six-month road map (Oct 2021-March 2022) meant to pave the way for economic recovery.
Alleging that the Monetary Board was responsible for the current predicament of the country, the former UNP State Minister said that the Monetary Board should be removed. The Colombo District lawmaker emphasised that the Monetary Board couldn’t absolve itself of the responsibility as all decisions taken by the outfit proved wrong.
MP de Silva said that the Monetary Board couldn’t be silent on the government’s failure to initiate talks with the IMF early last year when the SJB led the calls for IMF’s intervention. The MP emphasised that the government repeatedly rejected the SJB’s calls for IMF intervention. Dr. P. B. Jayasundera, former Secretary to President Gotabaya Rajapaksa, too, steadfastly opposed IMF’s intervention.
Former Senior Deputy Governor of the Central Bank Nandalal Weerasinghe, now domiciled in Australia, has been approached by the government to take over the position of Central Bank Governor.
Former Governor of the CBSL, Dr. Indrajith Coomaraswamy would help the government in an advisory capacity. Sources said so when asked whether Dr. Coomaraswamy would be accommodated in some relevant capacity to assist the government.
News
We must create social awareness to ensure the physical and mental well-being of children with disabilities – PM
Prime Minister Dr. Harini Amarasuriya stated that, given their particular vulnerability children with disabilities require protection, and stressed the need to foster social awareness to protect them from negative social influences while promoting their physical and mental well-being. She emphasized the need to implement awareness programmes for parents, teachers and other members of society towards this end.
The Prime Minister made these remarks on Tuesday [August 25] while visiting and observing the National Institute of Special and Inclusive Education – Shishyodaya, located in Veniwelkola.
The purpose of the Prime Minister’s visit was to observe the institutional structure and gain an understanding of the areas that require further development.
The Prime Minister emphasized that a systematic mechanism should be established to transform the institution, which was established in 2019 outside the basic standards and plans for Inclusive Education, into an institution that provides quality education to children and fulfills the targeted objectives of inclusive education. She also proposed appointing a special committee to make the necessary recommendations in this regard.
The Prime Minister further stated that steps would be taken in coordination with the Ministry of Health to address the shortage of therapists and medical professionals required to provide clinical services to students at the institution. She also stressed that the maintenance of equipment and buildings should be carried out properly using the financial allocations provided for such purposes.
The Prime Minister further noted that finding sustainable solutions to the issues faced by the institution is essential, while immediate interventions should be made to address issues that can be resolved without delay. The welfare of the teachers serving at the institution was also discussed during the visit.
Member of Parliament Anura Panagoda, Chairman of the Homagama Pradeshiya Sabha Kasun Rathnayake, Secretary to the Ministry of Education, Higher Education and Vocational Education Nalaka Kaluwewa, ministry officials, parents and students were present.

[Prime Minister’s Media Division]
News
Govt. determined to press ahead with 22A: Justice Minister
By Shamindra Ferdinando
Justice and National Integration Minister Harshana Nanayakkara said yesterday that the government would proceed with both the 22nd Amendment to the Constitution, and the Judicature (Amendment) Bill, because the government could not achieve its goal by increasing the retirement ages of a section of the judges.
The Attorney-at-Law declared that the government would go ahead with both Bills, whatever the obstacles. The Minister was responding to The Island query whether the government would go ahead with the Judicature (Amendment) Bill that hadn’t been so far challenged in the Supreme Court, pending the decision on the controversial 22nd Amendment facing tough legal challenge.
Nanayakkara emphasised the importance of the enactment of both Bills. The 22nd Amendment seeks to increase the retirement ages of Supreme Court judges to 67 from 65 and Court of Appeal judges from 63 to 65. The Judicature (Amendment) Bill seeks to increase the retirement ages of the High Court judges to 63 from 61, and that of the District court judges and and Magistrates to 62.
Minister Nanayakkara said that the enactment of both Bills simultaneously would make a significant contribution to improve the overall situation, particularly dealing with a backlog of 1.1 million cases.
Joint Opposition and the Bar Association of Sri Lanka (BASL), too, acknowledged that petitions against the Judicature (Amendment) Bill were yet to be filed.
News
U.S. Ambassador designate to Sri Lanka Eric Meyer here
U.S. Ambassador-designate Eric Meyer arrived in Colombo on the evening of August 22, 2026, to assume duties as his country’s next Ambassador to Sri Lanka., the embassy said.
Ambassador-designate Meyer expressed his enthusiasm for the opportunity to serve as the 29th U.S. Ambassador to Sri Lanka, stating: “It is an honour to represent the United States in Sri Lanka. I look forward to building on the strong foundation between our two democracies to advance a U.S.-Sri Lanka partnership that creates new opportunities for American businesses, furthers our shared security interests, and delivers greater prosperity for both Americans and Sri Lankans.”
Prior to his assignment in Sri Lanka, he served as Chargé d’Affaires, a.i., at the U.S. Mission to Norway and, before that, as Senior Bureau Official for the Bureau of South and Central Asian Affairs at the Department of State.
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