News
Debt restructuring: SL, China on same page

In late September, the Export-Import Bank of China had tentatively agreed with Sri Lanka on the debt treatment, Chinese Foreign Ministry Spokesperson, Wang Wenbin said on Tuesday (10) during his regular press conference.
He said this answering a question posed by a journalist from China Central Television (CCTV).
CCTV: “Sri Lanka’s debt restructuring is at a crucial stage. What help has China provided to the process? Has there been progress in bilateral debt treatment?”
Wang Wenbin: “As Sri Lanka’s friend and neighbour, China follows closely the difficulties and challenges facing the country. We have been doing what we can to assist in its economic and social development.
Since last year, China’s relevant financial institutions have been in close touch with Sri Lanka on the debt issue involving China, engaged in active bilateral consultations and provided a financing support document to Sri Lanka in a timely manner to help it obtain loans from the IMF. Chinese financial institution has taken part in all the creditors’ meetings as an observer and maintained friendly communication with other creditors to share with them the progress of the debt treatment.
“In late September, as official creditor, the Export-Import Bank of China tentatively agreed with Sri Lanka on the debt treatment. We are also glad to see that other creditors are having discussion with Sri Lanka as well over solutions to its debt issue.
We will continue to support Chinese financial institutions in actively consulting with Sri Lanka. We are ready to work with relevant countries and international financial institutions to jointly play a positive role in helping Sri Lanka navigate the situation, ease its debt burden and achieve sustainable development. We call on multilateral institutions and commercial creditors to take part in Sri Lanka’s debt restructuring based on fair burden-sharing.”
News
Activists demand implementation of Easter Commission recommendations

Religious and civil society leaders have called on President Anura Kumara Dissanayake to begin implementing the recommendations outlined in the Special Presidential Commission that investigated the Easter Sunday terror attacks without further delay.
Addressing a press conference held at the Centre for Society and Religion in Colombo, Lawyer Manoj Nanayakkara stated that 71 months have passed since the Easter Sunday attacks, yet justice has not been served for the victims.
“We are approaching the sixth anniversary of this heinous crime, which claimed nearly 300 lives and wounded twice as many others. President Anura Kumara Dissanayake had promised to conduct a fresh investigation into this crime. In the meantime, he could implement the recommendations of the Special Presidential Commission that probed the Easter Sunday terror attacks. This would demonstrate that the current government is keeping its word to deliver justice to the victims,” Nanayakkara said.
He also commented on Ven. Galagodatte Gnanasara Thero, who has been holding press conferences, claiming to have information related to the terror attacks and to know the masterminds behind them. “Our question is why he does not go to the law enforcement agencies and share the information he claims to possess. There is no purpose in making such statements at press conferences. As a citizen, his duty is to share this information with the investigating authorities.
Therefore, we believe that Gnanasara Thero is engaging in a political ploy at the behest of someone else. He should be aware that intentionally withholding information about a brutal massacre and failing to share it with the investigating authorities is an offence punishable under the Penal Code,” Nanayakkara said.Rev. Fr. Julian Patrick Perera, Rector of St. Joseph Vaz Deva Dharma Niketanaya, also addressed the press conference.
By Norman Palihawadana
News
Modi three-day visit formally announced

The Colombo foreign ministry Friday formally announced Indian Prime Minister Narendra Modi’s visit to Sri Lanka when he will have bilateral talks with President Anura Kumara Disanayaka and Prime Minister Dr. Harini Amarasuriya.
While in Sri Lanka,Modi is scheduled to visit Anuradhapura to pay homage to the sacred Sri Maha Bodhi and will inaugurate several projects implemented in Sri Lanka with the assistance of the Government of India, a ministry release.
A number of Memoranda of Understanding inked between the two countries are also expected to be exchanged during this visit, it added.
The Indian PM will be accompanied by the Minister of External Affairs, the National Security Advisor, Foreign Secretary and other senior officials of the Government of India.
News
COPE investigates drug supplies and preferred favourite supplier

It was revealed in the Committee on Public Enterprises (COPE) that a private company named ‘Savorite’ was issued Waiver of Registration (WoR) certificates to import 38 types of medicines in 2022 without the evaluation of the National Medicines Regulatory Authority (NMRA).
The former Secretary to the Ministry of Health also informed the Committee that the former Minister of Health had given instructions to select this private company to import medicines in this way, parliament sources said on Friday.
This was disclosed when the COPE met in Parliament recently under the chairmanship of MP Dr Nishantha Samaraweera, to examine the Auditor General’s reports for the years 2022, 2023 and 2024 and the current performance of the NMRA.
The Committee Chair informed the committee that on December 30, 2022, the NMRA had issued Waiver of Registration (WoR) certificates to a private company named ‘Savorite’ for the import of 38 types of medicines submitted through unsolicited proposals without the evaluation of the NMRA.
The Committee Chair said that the NMRA has abdicated its responsibility, stating that the purpose of establishing the NMRA is to ensure the quality, safety and efficacy of those medicines and that it cannot be handed over to the Medical Supplies Sector.
Former members of the Board of Directors of the NMRA said that since the import of medicines through a special pathway with prior approval was carried out, the Board of Directors could not grant permission for it without conducting a proper evaluation. Therefore, they said that they did not accept responsibility in this regard.
Accordingly, this matter was discussed at length in the committee, and it was revealed that the former Minister of Health had instructed to select a private company called ‘Savorite’ to import the medicines in short supply for three months.
Meanwhile, the Committee also discussed at length the Cabinet Memorandum submitted by the former Minister of Health on September 26,2022. The Committee Chair inquired from the Ministry of Health officials about the fact that a large number of medicines would reach zero levels within the next three weeks from the date of submission of the relevant Cabinet Memorandum.
The officials who responded said that the information had been added to the Cabinet Memorandum based on the information obtained from the existing database regarding medicines. However, the committee Chair said that it was unacceptable for a large number of medicines to reach zero levels at the same time and that the relevant responsible officials had acted irresponsibly until such a level was reached.
The Auditor General, who spoke at the time, stated that the medicines that were ordered and to be received in advance have also been imported, citing that the medicines have reached zero levels.
Accordingly, the committee chair instructed the officials to submit a full report to the Committee on who were the officials involved in preparing this Cabinet Memorandum. The Chair further stated that a full report regarding the import of these medicines will be prepared by the Committee and submitted to Parliament, and that necessary action will be taken expeditiously.
MPs Mano Ganeshan, Nalin Bandara Jayamaha, S. M. Marikkar, Chaminda Wijesiri, Attorney-at-Law Nilanthi Kottahachchi, Chandima Hettiarachchi, Asitha Niroshana Egoda Vithana, Kosala Nuwan Jayaweera, Sudath Balagalla, Dr S. Sri Bavanandarajah, Lt Com (Retd.) Prageeth Madhuranga and Samanmali Gunasinghe were present in this committee meeting.
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