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Finance Committee: Monetary Board insulted Parliament; SBJ calls for action against ‘culprits’
By Shamindra Ferdinando
Amidst A deepening financial crisis that prompted President Gotabaya Rajapaksa to summon an All Party Conference (APC) on Wednesday (23) to discuss ways and means of addressing the issues at hand, the Monetary Board has skipped a meeting called by the Committee on Public Finance (CoPF) yesterday (24) to inquire into current developments.
The CoPF alleged that the meeting previously scheduled to be held last Monday (21) had been re-fixed for Thursday (24) on a request made by the Central Bank.
However, at the last moment, the Central Bank had informed the CoPF that the entire Monetary Board couldn’t attend the meeting as board member S. R. Attygalle, Secretary to the Ministry of Finance was to hold discussions with the World Bank.
The Monetary Board consists of Governor of the Central Bank Ajith Nivard Cabraal (ex-officio), Treasury Secretary S.R. Attygalle (ex-officio) , President’s Counsel Sanjeeva Jayawardena, Dr. Rani Jayamaha and Samantha Kumarasinghe.
CoPF Chairman Anura Priyadarshana Yapa , MP, has said that this should be brought to the notice of Speaker Mahinda Yapa Abeywardena. The Chairman has said so after several members of the watchdog committee alleged the Monetary Board insulted Parliament. The members present on the occasion included State Ministers, Indika Anuruddha and Kanchana Wijesekera and MPs, Vijitha Herath, Prof. Ranjith Bandara, Nalin Fernando, Dr. Harsha de Silva and Mujibur Rahuman.
The CoPF declared that the Monetary Board would be called again on April 01.
Recently, former Deputy Governor of the Central Bank Dr. W.A. Wijewardena in a brief interview with The Island asserted that the country wouldn’t have in the current predicament if the Central Bank floated the Rupee in April 2021 during the tenure of Prof W.D. Lakshman as the Governor of the Central Bank.
Dr. Harsha de Silva questioned the circumstances the Monetary Board skipped yesterday’s meet summoned by the CoPF. Lawmaker de Silva said that the Parliament was informed by fax at 10.45 am informing their inability to come. The former UNP State Minister said that as the financial crisis could only be dealt in Parliament there was no purpose in having conferences. The lawmaker was referring to the APC held at the Janadhipathi Mandiraya on Wednesday. Declaring that the President has no power to formulate law, MP de Silva said that the members of the Monetary Board disrespected Parliament. They do not have a right to do so. If they do not heed summons from Parliament what is the purpose in having a Parliament at all, the SJB MP said.
The SJB boycotted Wednesday’s APC chaired by President Rajapaksa. Declaring that the Parliament couldn’t allow this to happen, MP de Silva pointed out that Finance Minister Basil Rajapaksa, too, didn’t attend the Parliament. The FM missed parliament for three months, the MP said. A State Bank has defaulted today. The government should inquire into this. The MP lambasted that government policy that has endangered the entire banking system. The MP lambasted the Governor and top officials for the rapidly crisis. The former State Minister dismissed APC talks asserting that there was no purpose in the whole exercising.
The Monetary Board couldn’t be allowed to act contrary to the Constitution.
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Landslide RED warnings issued to the Divisional Secretaries Divisions of Ududumbara, Nildadndahinna and Walapane
The landslide early warning center of the National Building Research Organisation [NBRO] has issued RED warnings to the districts of Kandy and Nuwara Eliya for the next 24 hours effective from 0900 hrs today [09th January].
Accordingly,
LEVEL III RED landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Ududumbara in the Kandy district, and Nildandahinna and Walapane in the Nuwara Eliya district.
LEVEL II AMBER landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Wilgamuwa in the Matale district, and Mathurata and Hanguranketha in the Nuwara Eliya district.
LEVEL I YELLOW landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Uva Paranagama, Welimada, Kandaketiya, Badulla, Meegahakiwula, Hali_Ela, Passara and Lunugala in the Badulla district, Minipe in the Kandy district, Ambanganga Korale, Ukuwela, Rattota, Naula and Laggala_Pallegama in the Matale district, and Nuwara Eliya in the Nuwara Eliya district.
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A Policy is being formulated to ensure Child Protection in the use of Technology — Prime Minister
Prime Minister Dr. Harini Amarasuriya stated that a policy is currently being formulated to ensure child protection in the use of technology.
The Prime Minister made this statement on Thursday (08) in Kandy while briefing the Most Venerable Mahanayake Theros of the Asgiriya and Malwathu Chapters on the issue that has arisen regarding the Grade 6 English module. Thereafter, printed copies of all modules were presented to the Mahanayake Theros.
Earlier on Thursday (08), the Prime Minister visited the Malwathu Viharaya in Kandy and met the Most Venerable Thibbatuwawe Sri Siddhartha Sumangala Nayaka Thero, the Mahanayake of the Malwathu Chapter, where she explained the error that had occurred in the first print run of the English module for Grade 6 .
The Mahanayake Theros emphasized that education is a sensitive subject and that such matters should be handled with greater sensitivity and proper oversight. They further advised that a formal investigation should be conducted and that education reforms should be carried forward in a systematic manner.
Subsequently, the Prime Minister visited the Asgiriya Maha Viharaya and met the Most Venerable Warakagoda Sri Gnanarathana Mahanayaka Thero of the Asgiriya Chapter, where she clarified the error related to the English module.
The Mahanayake Thero noted that education reforms are a timely necessity and should be implemented with due oversight and careful review and also pointed out that there are broader issues in Sri Lanka regarding the use of technology, which are evident in the manner in which modern tools such as AI technologies are being used on social media.
Clarifying the issue Prime Minister Dr. Harini Amarasuriya further stated,
“We have appointed a committee to look into this issue, and based on the recommendations of the National Institute of Education (NIE), steps were taken to remove the relevant lesson. In addition, all printed copies of the relevant module have been stamped, and no module has been distributed to schoolchildren. A formal investigation into this matter has been initiated by the Ministry, and a complaint has also been lodged with the Criminal Investigation Department.
At the same time, we are in the process of formulating a policy on child protection in the use of technology”.
Thereafter, addressing the media and responding to the’ questions raised by journalists, the Prime Minister stated:
“The Opposition is attempting to use this national task for their own political advantage. However, many in society have expressed their views on the issues that have arisen in a positive manner, with the objective of identifying and correcting mistakes. The government has decided to move forward with education reforms by recognizing the error that have occurred and rectifying them. We will take the no-confidence motion brought by the Opposition as an opportunity to further advance dialogue on education reforms”
The occasion was graced by the Most Venerable Anunayaka Thero of the Asgiriya Chapter, Venerable Narampanawe Ananda Nayaka Thero; Deputy Registrar of the Asgiriya Chapter, Venerable Muruddeniye Dhammarakkhita Thero; Deputy Registrar of the Malwathu Chapter, Venerable Mahawela Rathanapala Thero; Members of Parliament Thushari Jayasinghe and Thanura Dissanayake; Mayor of Kandy Chandrasiri Wijenayake; Secretary to the Ministry of Education Nalaka Kaluwewa; and Secretary to the Ceylon Teachers’ Union in Central Province D. D. Wimalaweera.

[Prime Minister’s Media Division]
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The deep depression to the South-east of Sri Lanka is likely to intensify in to a cyclonic storm during the next 24 hours
A RED warning for a deep depression to the South-east of Sri Lanka has been issued at 01.00 a.m. on 09 January 2026 for the period until 01.00 a.m. 10 January 2026 by the Natural Hazards Early Warning Centre, of the Department of Meteorology.
The deep depression in the Bay of Bengal to the southeast of Sri Lanka (At 01:00 a.m. on Jan 9th, 2026 located about 200 km East of Pottuvil) is very likely to intensify further and move west-northwestwards towards the coast of Sri Lanka between Pottuvil and Trincomalee in the evening today (9th January 2026.) The system is likely to intensify in to a cyclonic storm
during the next 24 hours.
Hence, showery, and windy condition over the island, particularly in the Northern, North-Central, Eastern, Uva and Central provinces is expected to enhance.
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