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Eran proposes raising PAYE threshold to Rs 200,000 a month

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Eran

By Rathindra Kuruwita

Historically, Sri Lankan governments have failed to reduce the budget deficit, SJB MP Eran Wickramaratne says.

Sri Lankan governments have consistently looked at maximising revenue but paid minimal attention to curtailing expenditure, MP Wickramaratne has said.

Even the International Monetary Fund (IMF) had not factored in state expenditures when the latest bailout programme was designed, he said.

Compared to the 2022 budget, state expenditure had increased by 47 percent for 2024, Wickramaratne said.

“The expenses are about 11 percent higher compared to the 2023 budget. The total expenses of 2022 were Rs. 4.473 billion . The 2023 budget set the state expenses at Rs 5,854 billion. This has increased to Rs 6,563 billion in 2024,” he said.

The SJB MP said that during a crisis, the country must first curtail expenses.

“We must also look at how the government is spending our money. We have borrowed money and invested in things that will only make profits in the long term. For example, airports, ports, cricket stadiums and highways. It is not that these are important, but we have not been spending our savings on these projects, we have borrowed. And we have borrowed from foreign sources. We should have focused on trade and investments with the borrowed money,” he said.

There was a proposal to establish a budget office, he said. This has also been approved by parliament, the SJB MP said. However, the budget office has not been established in parliament yet, Wickramaratne said.

“We have always taken decisions thinking of elections. The current president was not selected in a national election. He is also the finance minister. He was ushered in due to the upheavals of 2022. If he can, for a moment, forget about elections, he can get the economy back on track. He could have presented a long term budget because it will take years to end this crisis. He can lay the foundation for economic recovery. But this was an election budget,” he said.

The SJB MP said the government has allocated 20 percent more funding to pay interest compared to 2023. Sri Lanka’s debt payment installments are about 72 percent of its annual revenue, he said.

“We are leading the world on this front. We need to stabilise the economy, and we need to get back on a growth trajectory. We can do this by taxing ourselves alone. People have no money to invest. We must increase the threshold for PAYE tax to 200,000 rupees a month,” he said.

Given that there are no domestic savings, Sri Lanka needs to attract a large number of foreign investors, Wickramaratne said. However, trust in Sri Lanka is low at the moment, he said.



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Interment of singer Latha Walpola at Borella on Wednesday [31st]

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Family sources have confirmed that the interment of singer Latha Walpola will be performed at the General Cemetery Borella on Wednesday (31 December).

 

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Western Naval Command conducts beach cleanup to mark Navy’s 75th anniversary

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In an environmental initiative commemorating the 75th anniversary of the Sri Lanka Navy, the Western Naval Command organized a cleanup programme at Galle Face Beach on Saturday (27 Dec 25).

The programme focused on the removal of substantial solid waste littering the beachfront, including accumulated plastic and polythene debris. All collected wastey was systematically disposed of utilizing methods designed to safeguard the sensitive coastal ecosystem.

Demonstrating a strong commitment to the cause, the cleanup effort saw the participation of the Commander Western Naval Area and a group of over 200 naval personnel.

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Environmentalists warn Sri Lanka’s ecological safeguards are failing

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Sri Lanka’s environmental protection framework is rapidly eroding, with weak law enforcement, politically driven development and the routine sidelining of environmental safeguards pushing the country towards an ecological crisis, leading environmentalists have warned.

Dilena Pathragoda, Managing Director of the Centre for Environmental Justice (CEJ), has said the growing environmental damage across the island is not the result of regulatory gaps, but of persistent failure to enforce existing laws.

“Sri Lanka does not suffer from a lack of environmental regulations — it suffers from a lack of political will to enforce them,” Pathragoda told The Sunday Island. “Environmental destruction is taking place openly, often with official knowledge, and almost always without accountability.”

Dr. Pathragoda has said environmental impact assessments are increasingly treated as procedural formalities rather than binding safeguards, allowing ecologically sensitive areas to be cleared or altered with minimal oversight.

“When environmental approvals are rushed, diluted or ignored altogether, the consequences are predictable — habitat loss, biodiversity decline and escalating conflict between humans and nature,” Pathragoda said.

Environmental activist Janaka Withanage warned that unregulated development and land-use changes are dismantling natural ecosystems that have sustained rural communities for generations.

“We are destroying natural buffers that protect people from floods, droughts and soil erosion,” Withanage said. “Once wetlands, forests and river catchments are damaged, the impacts are felt far beyond the project site.”

Withanage said communities are increasingly left vulnerable as environmental degradation accelerates, while those responsible rarely face legal consequences.

“What we see is selective enforcement,” he said. “Small-scale offenders are targeted, while large-scale violations linked to powerful interests continue unchecked.”

Both environmentalists warned that climate variability is amplifying the damage caused by poor planning, placing additional strain on ecosystems already weakened by deforestation, sand mining and infrastructure expansion.

Pathragoda stressed that environmental protection must be treated as a national priority rather than a development obstacle.

“Environmental laws exist to protect people, livelihoods and the economy,” he said. “Ignoring them will only increase disaster risk and long-term economic losses.”

Withanage echoed the call for urgent reform, warning that continued neglect would result in irreversible damage.

“If this trajectory continues, future generations will inherit an island far more vulnerable and far less resilient,” he said.

Environmental groups say Sri Lanka’s standing as a biodiversity hotspot — and its resilience to climate-driven disasters — will ultimately depend on whether environmental governance is restored before critical thresholds are crossed.

By Ifham Nizam ✍️

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