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Harsha welcomes SL’s credit upgrading

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Harsha de Silva

SJB MP Dr. Harsha de Silva on Tuesday (24), described the recent upgrade of Sri Lanka’s credit rating as a positive development, not only for the government but for the entire economy.

Addressing the media at the SJB headquarters Dr. de Silva highlighted its significance, “Sri Lanka has been removed from the list of countries at risk of debt default by leading credit rating agencies such as Moody’s and Fitch Ratings. This is a momentous development for the nation. The previous government’s mismanagement of debt placed immense pressure on private sector investors. For example, during negotiations between Sri Lanka and India’s Adani Group over electricity tariffs, Adani raised concerns about Sri Lanka’s poor creditworthiness. Similarly, the downgraded credit rating discouraged other investors from considering Sri Lanka as a viable destination. This upgrade, therefore, is a relief for both the government and the economy.”

Dr. de Silva, however, noted that Sri Lanka has not yet achieved the credit rating necessary to borrow from international markets.

“To reach that milestone, the economy must be further strengthened,” he emphasised. He attributed the recent credit rating improvement to measures initiated in 2023 during the country’s economic crisis. These included parliamentary-approved reforms and stabilisation efforts.

He observed that the credit rating upgrade was the result of adhering to the International Monetary Fund (IMF) agreement without deviating from its fundamentals. “Before the election, the National People’s Power (NPP) pledged to introduce an alternative Debt Sustainability Analysis (DSA) for debt restructuring. However, when the opportunity for restructuring arose, no alternative DSA was implemented. Instead, the existing agreement was followed, ultimately benefiting the country,” he explained.

Dr de Silva also discussed the government’s recent decision to extend the gazette notification for rice imports until 10 January. He stressed the importance of setting a guaranteed price for paddy before the next harvest to support farmers. “Farmers affiliated with the NPP have demanded a guaranteed price of Rs. 130 per kilogram of paddy. If the government agrees to this price, will it revise the rice import gazette accordingly? Will the price of rice remain at Rs. 230 per kilo? If not, large-scale rice mill owners will exploit the situation by purchasing paddy from farmers at reduced prices, leaving them vulnerable once again,” he warned.

As a sustainable solution to the rice price issue, Dr. de Silva proposed reviving the Shakthi Rice Enterprise, a cooperative initiative launched during the Good Governance administration to support small- and medium-scale rice millers. “The solution lies in restarting the Shakthi Rice Enterprise, which previously operated in eight districts. Neglecting this initiative would be a mistake,” he concluded, urging the government to take decisive action to stabilise the rice market and safeguard the livelihoods of farmers.



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Lankan aircrew fly daring UN Medevac in hostile conditions in Africa

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Lankan Air Force personnel rescuing a UN personnel at Zemio in Central African Republic

The Sri Lanka Aviation Unit operating under the United Nations (UN) mandate in the Central African Republic (CAR) has successfully carried out a critical Casualty Evacuation (CASEVAC) mission, under extremely hostile and volatile conditions.

The mission had been launched in response to an urgent request to evacuate two United Nations personnel who had sustained combat-related injuries in the Zemio area, the Sri Lanka Air Force (SLAF) said.

Accordingly, the evacuation has been conducted using a Mi-17 helicopter (UNO 325P).

The aircraft was captained by Wing Commander Nelson De Silva, with Flight

Lieutenant Arunoda Ekanayake serving as co-pilot.

The aircrew comprised Squadron Leader Sandeepa Wijayathunga, Sergeant WCN Senevirathne, and Corporal DVPM Rodrigo. The Aeromedical Evacuation Team included Group Captain Sujith Perera, Flight Sergeant KW Sumedha, and Flight Sergeant RDH Karunadasa, who provided critical in-flight medical care to the casualties, the SLAF stated.

The extraction site was located approximately 20 kilometres northeast of the Zemio Permanent Operating Base (POB) and posed significant operational challenges.

They included extremely dusty landing conditions, an unstable and rapidly evolving tactical environment, and the requirement for a precision landing under constant threat, the SLAF said.

Despite these constraints, the aircrew demonstrated remarkable courage, sound judgement, and outstanding airmanship throughout the operation.

A comprehensive threat assessment conducted by the aircraft commander, taking into account the critical condition of the casualties, reflected exceptional adaptability and operational decision-making, the statement added.

According to the SLAF, the total flight duration of the mission was one hour and 45 minutes. The injured personnel were safely evacuated from the hostile location and successfully transported to Bangui for advanced medical treatment.

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Lanka to observe National Safety Day today

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Sri Lanka will mark National Safety Day today (26) with countrywide religious observances, a national moment of silence and the main state commemoration at the Peraliya Tsunami Memorial in Galle, officials said yesterday.

The annual observance, declared in the aftermath of the 2004 Indian Ocean tsunami that claimed over 35,000 lives and left more than 5,000 people missing, is held each year to honour victims of the tsunami and other disasters, while reinforcing public awareness on disaster preparedness.

Disaster Management Centre (DMC) Director General Retired Major General Sudantha Ranasinghe said the 2025 programme would be conducted with due consideration to prevailing weather conditions caused by the Ditwah cyclone, with district-level multi-religious observances planned across the country.

“National Safety Day is a moment of remembrance and reflection. It also reminds us of the importance of preparedness, early warning and community resilience,” he said.

The main national commemoration will take place at the Peraliya Tsunami Memorial from 8.30 a.m. to 11.00 a.m., with the participation of government representatives, religious leaders, disaster survivors and families of victims.

Secretary to the Ministry of Defence Air Vice Marshal (Retd) Sampath Thuyacontha said a two-minute silence will be observed nationwide from 9.25 am to 9.27 am today, in memory of all those who lost their lives to the tsunami and other disasters.

“All institutions and members of the public are requested to observe this moment of silence as a mark of respect and national solidarity,” he said.

DMC Additional Director General Pradeep Kodippili urged the media to provide wide coverage to the main commemoration in Galle as well as district-level programmes organised through District Secretariats.

“Media support and public participation are essential to ensure that the lessons of past disasters remain alive and that a culture of safety is strengthened across the country,” Kodippili said.

National Safety Day has been observed annually on December 26 since 2005.

By Ifham Nizam ✍️

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Street vendors banned from Kandy City

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Mayor Chandrasiri Wijenayake

All forms of street vending within the Kandy Municipal Council area will be banned from January 1, Mayor Chandrasiri Wijenayake has said.The Kandy Mayor said the decision had been taken as part of efforts to preserve it as a clean and aesthetically pleasing city and to allow the public to move freely while enjoying its surroundings.

He said the ban would apply not only to streets in the city centre but across the entire municipal council area. The move, he added, follows long-standing public requests for a more systematic regulatory framework within the Kandy urban area and is aimed at ensuring public convenience and welfare.

Wijenayake stressed that the decision would be implemented without reversal.

The Kandy Municipal Council has already issued formal notices to pavement vendors directing them to cease operations. Street vendors had requested a three-month grace period to relocate, which will expire on December 31.

By S. K. Samaranayake ✍️

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