News
Debt debate in the balance
SJB alleges vital documents not accessible
By Shamindra Ferdinando
Deputy Speaker Ajith Rajapaksa yesterday (07) said that a debate on the implementation of external debt restructuring agreements could be held if a fresh request was made to that effect.Rajapaksa said so when The Island asked him whether the hotly disputed external debt restructuring agreements would be debated soon. A vote on a resolution related to debt restructuring was to take place on July 03 following a two-day debate.
Deputy Speaker Rajapaksa said that the vote on a fresh resolution followed by debate would entirely depend on a consensus reached at the Committee on Parliamentary Business. However, the issue hadn’t been taken up yet.
President Ranil Wickremesinghe, in his capacity as the Finance Minister delivered his scheduled special statement in Parliament on July 02 claiming credit for paving the way for debt sustainability.
The Deputy Speaker said the debate scheduled for July 02 and 03 had been cancelled because the disclosure of certain details of agreements finalised with the Official Creditor Committee (OCC) and Export Import Bank of China on June 26 would be detrimental to Sri Lanka’s interests in discussions with international sovereign bondholders.
The Deputy Speaker said that now that the three levels of debt restructuring process had been completed the Parliament could debate and vote on a related resolution without hindrance.
State Finance Minister Shehan Semasinghe said that ISBs (International Sovereign Bonds) accounted for USD 12.5 billion out of the total external debt of USD 37 billion. Therefore, the agreement with sovereign bondholders is a crucial step in government efforts to restore debt sustainability, he said.
The Committee on Parliamentary Business, which met on July 03 decided that the Parliament would meet from July 09 to 12. However, according to a statement issued by Parliament, the debate on the implementation of external debt restructuring agreements hadn’t been at least taken up.
Sources pointed out that SLPPer Shehan Semasinghe, in his capacity as the State Finance Minister, had been involved in the overall process and an influential section of the government parliamentary group, including Chief Government Whip Prasanna Ranatunga and Leader of the House Susil Premjayantha, declared their support for the debt restructuring process publicly.
Top Opposition spokesman Prof. G. L. Peiris yesterday told The Island though no dates had been requested for a fresh debate yet, the issue at hand would be considered at the next Parliamentary Business Committee. The former External Affairs Minister said that documents relating to all three agreements were yet to be made available to MPs.
State Minister Semasinghe recently told us that the Opposition sought political advantage at the expense of successful completion of the debt restructuring process. The bottom line is the Opposition and some other interested parties couldn’t stomach the success achieved by the government, Minister Semasinghe said, urging the public to be wary of the destructive strategies pursued by some elements, both in and outside parliament.
The Anuradhapura District lawmaker emphasized whatever various interested parties said the SLPP solidly backed President Wickremesinghe’s debt restructuring strategy as well as other policy measures in Parliament.
News
Prime Minister Attends the 40th Anniversary of the Sri Lanka Nippon Educational and Cultural Centre
Prime Minister Dr. Harini Amarasuriya attended the special ceremony marking the 40th anniversary of the Sri Lanka Nippon Educational and Cultural Centre (SNECC), along with the 75th birthday of its Secretary General, the Chief Incumbent of Sri Mahindaramaya, Ethul Kotte, the Chief Sangha Nayake of the Western Province, and scholar Ven. Meegahathenna Chandrasiri Thero.
The primary objective of the event was to appreciate the service rendered by the Sri Lanka Nippon Educational and Cultural Centre, which has functioned as a bridge between Japan and Sri Lanka since 1986, contributing significantly to the development and welfare of children in Sri Lanka.
Addressing the gathering, the Prime Minister stated that the social service carried out by Ven. Meegahathenna Chandrasiri Thero through the Nippon Centre, aimed at fulfilling the educational aspirations of Sri Lankan children, is highly commendable. She further emphasized that the Centre’s contribution to nurturing skilled children into disciplined and responsible citizens, as well as strengthening cultural ties between the two countries, is appreciated by the Government.
Over the past four decades, thousands of students have benefited from the “Nippon Scholarship” programme implemented by the Centre. In addition to providing school supplies, monthly financial assistance, medical support, and spectacles, the programme offers Japanese language education and guidance for employment and training opportunities in Japan for Sri Lankan youth. Annual study tours to Japan and collaborative programmes organized to enhance mutual understanding between students of the two countries were also highlighted at the event.
Marking this special occasion, the Prime Minister extended her best wishes to Ven. Meegahathenna Chandrasiri Thero on his 75th birthday and wished him continued strength to successfully carry forward this invaluable service.
The event was attended by the Mayor of Kotte, Arosha Atapattu, representatives of sponsoring organizations from Japan, scholarship recipients, and other distinguished guests.


[Prime Minister’s Media Division]
Latest News
Navy’s latest addition P 628 sails for Colombo from Baltimore
The Offshore Patrol Vessel P 628, which was formally handed over to the Sri Lanka Navy by the U.S. Coast Guard in December 2025, departed for Sri Lanka from Baltimore, United States on 20th February 2026. The home bound journey began, after the modernization work of the ship to suit the operational needs of the Sri Lanka Navy.
The EX-United States Coast Guard Cutter, USCGC Decisive was officially handed over to the Sri Lanka Navy on 02 Dec 25, as the latest addition to the SLN fleet under the Pennant Number P 628. Upon her arrival in Sri Lanka, the ship is scheduled to be formally commissioned into the fleet.
Measuring 64 metres in length, this ‘B-Type Reliance Class 210-foot Cutter’ is equipped with advanced technological systems and facilities, capable of conducting extensive surveillance operations spanning up to 6,000 nautical miles per patrol.
The vessel’s voyage to Colombo is historic, possibly marking the longest-ever passage undertaken by a Sri Lanka Navy ship. Covering approximately 14,775 nautical miles, the journey will see the P 628 navigate from Baltimore through the Atlantic Ocean, the Panama Canal (a first for a Sri Lankan naval vessel), the Pacific Ocean, and into the Indian Ocean via the Straits of Malacca. The ship is expected to arrive in Sri Lanka during the first week of May 2026.
During the transit, the P 628 is scheduled to make port calls to replenish supplies and services, providing opportunities to further strengthen diplomatic ties with partner nations.
This transfer represents the fourth vessel provided to the Sri Lanka Navy by the United States Coast Guard, reinforcing a long-standing partnership aimed at addressing common maritime challenges.
News
Commander of the Navy attends International Fleet Review
The 13th edition of the multilateral naval exercise MILAN hosted by the Indian Navy, is being held from 18 to 26 Feb 26, at Visakhapatnam and in the waters of the Bay of Bengal.
SLNS Sagara and Nandimithra represented the Sri Lanka Navy by participating in the International Fleet Review (IFR), a major component of this multilateral naval exercise, held on 18 Feb.
The event was attended by the Commander of the Sri Lanka Navy, Vice Admiral Kanchana Banagoda, at the invitation of the Chief of the Naval Staff of India, Admiral Dinesh K Tripathi. The President of India reviewed the IFR, participated by the warships representing regional and global navies.
Held under the theme “United Through Oceans and the spirit of Camaraderie Cohesion Collaboration,” IFR and MILAN-26 provide a vital platform for participating nations. The participation of the Sri Lanka Navy in the MILAN-26 multilateral naval exercise highlighted Sri Lanka’s commitment to advancing its maritime interests and addressing shared challenges through enhanced cooperation with other nations and institutions, grounded in mutual understanding.
Furthermore, participation in endeavours of this nature will strengthen mutual cooperation and interoperability with other maritime stakeholders. It will also provide the Sri Lanka Navy with valuable opportunities to gain new knowledge, strategic acumen, and operational experience, key elements in fostering a collective approach to maritime security.
During this visit, the Navy Commander engaged in bilateral discussions with regional and extra-regional diplomatic representatives and these strategic-level talks focused on matters of mutual interest pertaining to Sri Lanka’s maritime security and stability.





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