News
DEW issues warning over cremation of COVID-19 victims, stresses need to take public into confidence
Govt. party leaders’ meeting:
By Shamindra Ferdinando
Former Minister and Communist Party veteran D.E.W. Gunasekera has urged the SLPP government to address the simmering crisis over its policy of cremating the Muslims who die of COVID-19. He cautioned that Western powers could exploit the issue to undermine the country as in the past.
The former lawmaker issued the warning at party leaders’ meeting chaired by Prime Minister Mahinda Rajapaksa at the Presidential Secretariat recently. President Gotabaya Rajapaksa was also present.
Political sources said that the discussion had lasted for about three hours and was the first such since November 2019 presidential election.
Gunasekera said that the government couldn’t afford to turn a blind eye to geo-political realities against the backdrop of China-US confrontation and Sri Lanka’s strategic importance.
Gunasekara underscored the importance of responding to situations swiftly and decisively. The former General Secretary of the CP said that over 6.9 mn people had voted for Gotabaya Rajapaksa because they had faith in him.
Gunasekera warned that if the dispute over the cremation of all corona victims got out of control, extremists would take advantage of the situation. He also found fault with members of parliament for failing in their responsibilities both in and outside parliament. None of those present responded to Ginasekera’s criticism.
During the lengthy discussion, President Gotabaya Rajapaksa pointed out that the SLPP MPs hadn’t at least visited areas affected by recurrent armyworm (Sena caterpillar) invasion. The President recently toured Anuradhapura, where significant crop losses had been caused by insects.
Gunasekera also took exception to a recent article written by Asanga Abeygoonesekera in his capacity as a civilian attached to the Defence Ministry, a subject coming under the purview of the President. Gunasekera said Abeygoonesekera shouldn’t have taken a hostile stand towards China, which was a friend of Sri Lanka.
Gunasekera said that such a stand would cause irreparable damage to the bonds between the two nations. He said the writer in his capacity as a Defence Ministry official had called for a common front against China.
National Freedom Front (NFF) leader Wimal Weerawansa raised the apparent government decision to go ahead with the handover of the East Container Terminal (ECT) at the Colombo harbour to India’s Adani Group.
Weerawansa alleged that the deal on ECT would be detrimental to the country. The previous yahapalana government in late May 2019 entered into an MOC (Memorandum of Cooperation) with India and Japan in respect of the ECT although the latter is no longer part of it.
The proposed deal on ECT has sharply divided the government with trade unions vowing to scuttle it.
Gunasekera said that interested parties could take advantage of the recent developments, particularly the cremation of bodies of Covid-19 victims, a sensitive issue for the Muslim community.
Gunasekera last served the Cabinet in 2011. President Maithripala Sirisena left Gunasekera out of the National List following 2015 parliamentary polls.
News
Report on the Final Budgetary Condition (Annual Report) – 2025 submited to parliament
As per the provisions of section 51 of the Public Finance Managaement Act No. 44 of 2024, the public should be issued with a report on the final budgetary situation for each year and, the report is then published in the official website of the Ministry of Finance, Planning and Economic Development.
Thereby the report has to be submitted to the Parliament. The final budgetary situation report (Annual Report) – 2025 has been prepared by the Ministry of Finance, Planning and Economic Development and published. The report contains the Public Finance Policy, strategies and challenges, economic trends in 2025, macro – economic and socio – economic indicators covering all sectors of the economy as well as description on the global economic growth.
Furthermore, it accompanies a detailed description government revenue and expenditure, cash flow management, financing the budget deficit and the loan structure.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to submit the Report on the Final Budgetary Condition (Annual Report) – 2025 to Parliament.
Business
Cabinet nod to accept increased Loan Grant provided by the Asian Development Bank under Policy Based Loan Facilities – 2026
Approval of the Cabinet of Ministers was granted at their meeting held on 16.03.2026 to obtain United States Dollars 380 million from the policy – based loan facilities of the Asian Development Bank in the year 2026.
United States Dollars 100 million out of it is allocated for Trade, Investment and Industries Development Programme – Sub Programme 1. However, amidst the economic uncertainty resulting from the current Middle East crisis and the climatic tragedies, the Asian Development Bank has agreed to assist
by increasing a supplementary financing package of United States Dollars 100 million so that it will beMincreased up to United States Dollars 200 million.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to take further measures to obtain the said loan grant.
News
Submission of Revenue Protection Order Prepared under the Provisions of the Revenue Protection Act No. 19 of 1962 to the Parliament for its approval.
Approval of the Cabinet of Ministers was given at the meeting held on 23.02.2026 to impose the custom import duty amounts under four (04) categories as 0%, 10%, 20%, and 30% which had been executed only under three (03) categories in order to increase the target export income of the country, to execute the
recommendations of the national customs duty policies committee, and to implement new national sub division customs codes for promoting the local agricultural and industrial sector.
Imposing provisions in relation to the above, the Revenue Protection Order – No. 01/2026 under the Revenue Protection Act No. 19 of 1962 has been published in the extraordinary gazette notification No. 2478/03 of 03.03.2026.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to submit the said revenue protection order to Parliament for its concurrence.
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