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Debt debate in the balance

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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.



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Gender inequality is not a women’s issue, it is a societal issue that demands attitudinal and behavioural transformation. – Prime Minister

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“For countries like Sri Lanka, collaborative efforts like THRIVE are essential in ensuring gender parity and eliminating gender-based violence”

The Prime Minister made these remarks while attending the official launch of ’THRIVE- Together for Her: Resilience-building, Inclusivity, and Voices for Equality in Sri Lanka’, held on Tuesday [25 March] at the Australian High Commission in Colombo which was jointly hosted by the High Commissioner of Australia, UN Women, and Chrysalis.

THRIVE is a five-year initiative implemented by UN Women and Chrysalis, and funded by the Government of Australia. This project contributes to achieving Outcome 6 – “Gender Equality and Women’s Empowerment” – of the UN Sustainable Development Cooperation Framework for Sri Lanka 2023-2027, which has been co-signed by the Government of Sri Lanka and the United Nations, guiding the work of the UN system in Sri Lanka.

The project aims to advance gender equality and women’s empowerment in Sri Lanka by strengthening the economic and social resilience of marginalized women to navigate and recover from crises, insecurity, and the impacts of climate change aiming women with disabilities, women-headed households, and women in the plantation sector across six districts – Mannar, Kilinochchi, Nuwara Eliya, Badulla, Moneragala, and Colombo.

Delivering the keynote address, Prime Minister Amarasuriya emphasized the need for structural and attitudinal change for ensuring gender parity and eliminate violence against women.

“Sri Lanka ranks high on the Human Development Index, with a literacy rate exceeding 92%, and over 60% of university students being women. However, only 35% of women participate in the paid workforce. It is necessary to find ways and means to ensure that women have opportunities to contribute towards the economy through employment opportunities and equal pay with given a dully acknowledge and recognize unpaid work and unpaid care work, which are often disproportionately carried out by women.

The Parliament of Sri Lanka adopted the Women Empowerment Act in 2024 which includes the establishment of an independent National Commission on Women to oversee women’s rights, and to create of a National Fund for Women. The administrative process for appointing the Commissioners is currently underway.

Further, as a government, we have implemented several benefits for women and young women under the national budget. As Minister of Education, I can confidently say that we have allocated funds to ensure children from marginalized communities have access to education including providing free uniforms, shoes, sanitary facilities, meals, books, and a stipend, ensuring that no child drops out due to economic barriers.

However, it is statistically proven that the 90% of women faced sexual harassment in public transport at least once in their lifetime and the Global Gender Gap Index of Sri Lanka lists at 122 among 146 countries that marks gender disparity is not just a women’s issue. It is a societal challenge that transcends gender, race, religion, and age.

Moreover, new threats are emerging. While digital tools offer great potential for development and technological advancement, they are also being misused to silence women, amplify biases, and fuel harassment. It is essential to create an inclusive digital space where everyone—regardless of gender, race, religion, or age—has equal opportunities to thrive in the digital age. The government remains committed to closing the gender digital divide and ensuring that women, especially young women, can participate independently in the digital economy.

Gender inequality is not a women issue, it is a societal issue that demands policy change, education, attitudinal and behavioural transformation. For countries like Sri Lanka, collaborative efforts like THRIVE are essential in creating a future where all women have equal opportunities to thrive.”

The event was attended by the Australian High Commissioner to Sri Lanka, Paul Stephens; UN Women Deputy Regional Director for Asia and the Pacific, Ms. Maria Holtsberg; United Nations Resident Coordinator, . Marc-Andr Franche; and other esteemed dignitaries.

[Prime Minister’s Media Division]

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Ambassador of the Czech Republic meets Sri Lankan PM to strengthen bilateral relations

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The Ambassador of the Czech Republic to Sri Lanka, Ms. Dr. Eliska Zigova,  met with Sri Lanka Prime Minister,  Dr. Harini Amarasuriya, at Temple Trees on Tuesday [25th of March]. The meeting underscored the longstanding friendship between the two nations and explored avenues to enhance bilateral cooperation.

Prime Minister Amarasuriya welcomed Ambassador Zigova and acknowledged the Czech Republic’s continued support for Sri Lanka. In response, Ambassador Zigova commended the new government’s commitment to democratic governance and holding two peaceful elections, reflecting political stability and public trust.

Discussions during the meeting focused on strengthening diplomatic and economic ties. Ambassador Zigova emphasized the importance of existing agreements and reiterated her government’s willingness to expand collaboration in key areas. Particular attention was given to discuss the posibility of signing a Memorandum of Understanding (MoU) on science and education, aimed at building academic partnerships, research collaboration, and knowledge exchange between institutions in both countries.

Prime Minister Amarasuriya highlighted the “Clean Sri Lanka Programme,” a nationwide initiative dedicated to environmental conservation and urban sustainability. Additionally, the two dignitaries discussed prospects for enhancing tourism, with the Prime Minister inviting more Czech visitors to experience Sri Lanka’s cultural heritage, natural landscapes, and growing eco-tourism sector.

The meeting was attended by senior officials from the Embassy of the Czech Republic to Sri Lanka. The Sri Lankan delegation included  Pradeep Saputhanthri, Secretary to the Prime Minister, and P.R.S.S. Gunaratna, Director General of the Europe & North America Division at the Ministry of Foreign Affairs.

[Prime Minister’s Media Division]

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Two HC judges withdraw from hearing Krrish case

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Namal

Alleged criminal misappropriation of Rs 70 mn:

Colombo High Court judges Manjula Thilakaratne and Sujeewa Nissanka yesterday (27) withdrew from hearing Krrish case involving SLPP National Organiser Namal Rajapaksa.

The Attorney General in late January this year filed indictments against Rajapaksa. The former minister has been accused of criminal misappropriation of Rs. 70 mn provided by Krrish Group for the development of rugby in Sri Lanka.

HC judge Thilakaratne declared his withdrawal from the case having referred to certain comments directed at him on social media. The judge said that his decision was influenced by comments made by journalists Poddala Jayantha and Sanath Balasuriya.

Subsequently HC judge Sujeewa Nissanka, too, declared his intention to quit.

The case would be called before Colombo Chief High Court Judge Adithya Patabendige on May 21 to name a suitable judge for the case to be referred.

The Krrish deal was first investigated by the yahapalana government.

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