News
Govt. to recruit more graduates ‘to strengthen public sector’
Leader of the House, Education Minister Dinesh Gunawardena, on Monday, said that the present government had decided to recruit more graduates to strengthen the public sector by increasing its workforce. Minister Gunawardena, who is also the Chairman of the Cabinet-Sub Committee appointed to look into the matters pertaining to the recently recruited 58,000 graduates to the public sector institutes, said as per the government’s policy statement, the government had decided to increase the number of recruits.
Minister Gunawardena said that the yahapalana government’s policy was to weaken the government sector and strengthen the private sector. “We have always believed in strengthening the public sector and the ongoing project of recruiting graduates is one step forward,” the Minister said during a Cabinet-sub-committee meeting on Monday to review the progress of absorbing the trainee graduates into the permanent cadre. The meeting was held at the Ministry of Public Service, Provincial Councils and Local Government.
The Minister said 58,000 graduate trainees had been recruited to state institutions. They are currently undergoing training”. He said that the government had planned to place 18,000 graduates out of the 53,000 as teachers under the Ministry of Education. The Cabinet of Ministers, in February, approved the proposal made by President Gotabaya Rajapaksa to recruit 50,000 unemployed graduates for the state sector. Later, the number was increased to 60,000.
The Minister said Cabinet approval had been granted for issuing trainee appointment letters to the graduates and diploma holders recruited for the training to be made by the relevant District Secretary or Government Agent under the supervision of the Secretary to the Ministry of Public Administration, Home Affairs, Provincial Councils and Local Government and also to provide training to those trainees by attaching them to recognised institutions. On completing their training period, they are to be attached to the institutions in rural or remote areas under the central government and the provincial councils they have given consent to serve. Other two members of the Cabinet sub-committee are Public Services, Provincial Councils and Local Government Minister Janaka Bandara Tennakoon and Water Supply Minister Vasudeva Nanayakkara. Senior ministry officials were also present at the meeting.
News
Sri Lanka, India caught in US-Iran ship crisis
By Shamindra Ferdinando
Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.
Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).
The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.
The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.
Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.
The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.
The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR
Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.
SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.
News
Namal further remanded
MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).
Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.
News
IMF projects Lankan economic growth to moderate amidst mounting global uncertainties
Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.
Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.
Unemployment is expected to remain steady at 3.9% throughout the forecast period.
The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.
Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.
The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.
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