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Govt. not allocating enough funds to grant relief to public–Economist

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By Rathindra Kuruwita

The Sri Lankan government was not allocating funds to ensure the availability of essential public goods despite the gradual stabilisation of the economy, Prof. Priyanga Dunusinghe, of Department of Economics at the Colombo University said addressing the media.

“The government has to maintain roads, provide healthcare and education, security, etc. I don’t see the government allocating the required funds. On the other hand, the prices of goods and services are high, and interest rates are high. So, despite the stabilisation of the economy compared to 2022, the policy makers have a lot to do to ensure that the outlook remains positive in the medium and long term,” he said.

Prof. Dunusinghe said that the Central Bank had played a key role in reducing inflation. The interest rate increase had been painful but necessary to put an end to runaway inflation, he said.

“The government’s tax policy is also important in increasing its revenue. I know that tax hike has impacted a lot of people adversely, and they are angry. However, these hikes were necessary.

He said that the Customs, Inland Revenue Department and the Excise Department had remained inefficient for a long time.

“However, recent declarations by ministers in charge of finance about special acts and regulations are mere rhetoric. However, they have not done what’s needed to reform these institutions. It is obvious that the Central Bank and Finance Ministry is doing the heavy lifting when it comes to economic stabilisation, under IMF conditions. Other ministers have done precious little to help. What has the Export Development Board, Tourism Authority or the Board of Investment done? Without everyone doing their part we can’t overcome this crisis in a sustainable manner “he said. (RK)

Prof. Dunusinghe said most MPs have no interest in reducing the perks they enjoy. In fact, some of them are only interested in profiting from the current crisis. The onus of austerity is on the people and that this has created anger, he said.

“We are taking some steps because the IMF asks. However, there is no discussion or consideration of how these policies will affect the development trajectory of the country. There is no plan. For example, we need to think about reforming the Ceylon Electricity Board in a manner that contributes to the national economy better. However, we are trying to reform the Board so that the burden on the government lessens. There is no consideration of the bigger picture,” he said.

Parliament needs to come up with more stringent fiscal and budget regulations , so that governments can’t deviate from the set path.

“We must use the crisis to bring about a rules based order when it comes to fiscal and monetary affairs. It’s not possible to separate the economy and politics. Politicians and senior bureaucrats have become a privileged class, and this unfortunately has attracted undesirable people. We need to get rid of these privileges, if we want to bring in honest people,” he said.



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Former Minister Mahinda Wijesekara passes away aged 83

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Former Matara District Member of Parliament and Cabinet Minister Mahinda Wijesekara has passed away this morning (02) at the age of 83 family sources have announced.

Mahinda Wijesekara served as a Member of Parliament for the Matara district  for over two decades (1989 to 2010), representing the People’s Alliance, the United National Party and the United People’s Freedom Alliance.

He held several ministerial portfolios, including Minister of Postal and Telecommunication Services in 2008, Minister of Forestry and Envioronment  1999-2001,  Minister of Fisheries and Ocean Resources from 2001 to 2004 and Minister of Special Projects 2007-2008

He was in poor health  following injuries sustained in the 2009  bomb attack by the LTTE terrorists in Godapitiya, Matara.

He was the father of former Minister Kanchana Wijesekara.

 

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Navy seize 323kg of heroin from fishing vessel in southwestern seas

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In a decisive strike against the drug menace, the Sri Lanka Navy intercepted a local multiday fishing trawler carrying a staggering haul of suspected narcotics in the seas southwest of the island.

This operation, carried out under the national mission “A Nation United”, resulted in the apprehension of six suspects (06) and the seizure of the trawler used to smuggle the illicit substance.

Following the mid-sea interception, the trawler was escorted to the Dikkowita Fisheries Harbour on the morning of 01 Apr 2026. A meticulous inspection conducted by the Police Narcotic Bureau (PNB) subsequently confirmed that the sacks (19) aboard contained more than 323kg of heroin.

The Commander of the Navy, Vice Admiral Kanchana Banagoda, accompanied by the Commander Western Naval Area and the Director General Operations, visited the Dikowita harbour to personally  inspect the drug haul.

Addressing the media, the Navy Commander emphasized that these intensified surveillance efforts are carried out under the direct guidance of the Ministry of Defence. He highlighted that the Navy and the Sri Lanka Coast Guard have strategically coordinated operations across the island’s maritime zones to disrupt trafficking routes and ensure national security.

The Commander of the Navy stated that through surveillance operations conducted this year, the Navy has intercepted local multi-day fishing trawlers attempting to bring illegal substances. This has enabled the seizure of a large quantity of narcotics intended to be smuggled into Sri Lanka.

Furthermore, based on foreign intelligence received by the Sri Lanka Navy, continuous surveillance operations carried out off the Beruwala sea area over the past few days led to the recent (01 April) successful operation, he opined.

The Naval Chief stated that so far this year, 07 local multi-day fishing trawlers have been apprehended by the Navy. The street value of the narcotics seized from these boats is estimated to be approximately Rs. 40 billion.

The 06 suspects, the fishing trawler, and the seized heroin were handed over to the Police Narcotic Bureau for comprehensive investigation and onward legal proceedings.

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PM opens ‘Silver Age Center,’ an Elder Care, Training and Research Centre built with modern facilities in Kataragama

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Prime Minister Dr. Harini Amarasuriya stated that a society must be built where all senior citizens can lead lives of safety, freedom, happiness, health, mobility, and spiritual well-being, with their rights safeguarded. She further emphasized that this is a responsibility shared by both the government and society.

The Prime Minister made these remarks on Tuesday (31st of March) while virtually participating in the opening of the ’Silver Age Center,’ an Elder Care, Training and Research Centre constructed with modern facilities in Kataragama. The event was held at the Ministry of Rural Development, Social Security and Community Empowerment, located in the new Sethsiripaya building.

During the event, the Prime Minister was presented with a draft of regulations and guidelines related to the regulation of institutions that provide residential care for senior citizens, by representatives of the National Council for Senior Citizens.

Expressing her views further, the Prime Minister  stated:

“This project, which commenced in 2022, had been halted due to various reasons. However, we have now resumed the project and are pleased to hand it over to the public today.

One of the key commitments of our policy is to create a society that ensures safety and protects the rights of all. Everyone, from the young to the elderly, deserves to enjoy these rights, freedom, and happiness.

A significant portion of our population is rapidly transitioning into senior age. However, the age of 60 still represents an active stage of life where individuals can contribute meaningfully to society and the economy. Senior citizens have needs, as well as abilities and valuable experience. We must recognize that they can continue to engage with society and remain active contributors.

Institutions that provide services for senior citizens play a vital role, and maintaining them is a social responsibility. It is essential to ensure the rights and provision of necessary services for all senior citizens, whether they live within families, independently, or in institutional settings.

We must ensure access to healthcare, transportation, lifelong learning, freedom, happiness, and spiritual well-being for senior citizens, while safeguarding their rights.

We should move beyond the traditional concept of ’elders homes’ and instead develop institutions that cater to the diverse needs of senior citizens, enabling them to spend their later years with dignity and respect.”

The opening of the ’Silver Age Center,’ Elder Care, Training and Research Centre, was carried out by Deputy Minister of Trade, Commerce, Food Security and Cooperative Development, R. M. Jayawardhana, along with regional public representatives and government officials. The occasion was attended virtually by the Minister of Rural Development, Social Security and Community Empowerment, Dr. Upali Pannilage; Secretary to the Ministry, Sampath Manthrinayake; and other ministry officials.

(Prime Minister’s Media Division)

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