News
Lawyer slams SLPP for backing Ranil’s ‘destructive economic agenda’
… explains how Parliament enacted harmful laws
By Shamindra Ferdinando
Veteran lawyer Kalyananda Thiranagama said that the ruling Sri Lanka Podujana Peremuna (SLPP) should be held responsible for backing President Ranil Wickremesinghe’s economic strategy meant to privatise the remaining state enterprises.
Addressing a public gathering in Colombo, the liberal civil society activist emphasised that the SLPP couldn’t absolve itself of the crime perpetrated by the Wickremesinghe-Rajapaksa government in the form of an economic strategy that would deprive the people of their rights.
Thiranagama, who does not fear to call a spade a spade, declared that UNP leader Wickremesinghe was now implementing the third phase of his despicable project, having already privatised some state enterprises during his tenure as the Industries Minister in the late President Ranasinghe Premadasa’s administration and during the 2002-2003 period when he served as Prime Minister of the UNP-led UNF government.
Now, the SLPP was backing Wickremesinghe’s last phase of that project to sell what is left of the family silver, Thiranagama said, adding that the SLPP voted for the 2024 Budget meant to authorise the President to go ahead.
The Third Reading of the Appropriation Bill (Budget) for the financial year 2024 was passed in Parliament last Wednesday (13) by a majority of 41 votes, where 122 votes were cast in favour of the Budget and 81 votes were cast against. One MP abstained from casting the vote.
Thiranagama reminded the SLPP that it authorised an increase of Value-Added Tax (VAT) from 15% to 18% for products and services while imposing the same on nearly 100 items that weren’t subjected to VAT previously. Declaring the current overall Wickremesinghe-Rajapaksa economic strategy was nothing but a national crime, Thiranagama warned the consequences would be unbearable and irreversible.
The outspoken lawyer urged right thinking people to shed whatever their differences to pave the way for a campaign against the government project. Thiranagama stressed that the government strategy should be opposed and reversed at any cost.
Thiranagama said that the imposition of VAT in a way that is extremely harmful to the people should be condemned taking into consideration some goods were subjected to VAT on more than one occasion, causing a cascading effect. The lawyer declared that all those who protected the incumbent government were traitors.
At the onset of his explosive speech, lawyer Thiranagama emphasized that the Nov 14 Supreme Court ruling in respect of fundamental rights cases against the economic ruination of the country warned politicians and officials regardless of their standing in the society.
That ruling paved the way for the public to move court against politicians and officials in the future, the lawyer said, while questioning the Opposition demand to deprive those found guilty of their civic rights.
Pointing out that pertaining to fundamental rights applications the SC based its ruling on the period Nov 2019-early 2022, Thiranagama explained how the then President Gotabaya Rajapaksa’s administration deprived the government of much needed revenue by either abolishing or reducing a range of taxes. That caused loss of billions of Rupees in tax revenue, the lawyer said. The situation took a turn for the worse when the government decided against seeking IMF intervention, Thiranagama said. Therefore, the SC dealt with reduction and abolition of taxes that led to the weakening of the economy and the failure on the part of the then government to seek an IMF bailout package, he said.
Thiranagama said that there was no basis for claims that the SC, in its Nov 14 ruling, dealt with corruption.
Commenting on the overall economic situation, Thiranagama said that the Yahapalana government, during Wickremesinghe’s tenure as the Prime Minister, enacted Foreign Exchange Act No 12 of 2017 that paved the way for unscrupulous exporters to conveniently refrain from bringing back export proceeds to the country. That law abolished the time-tested Exchange Control Act of 153, Thiranagama said, urging all those concerned to examine the consequences of Foreign Exchange Act No 12 of 2017 and Active Liability Management Act No 08 of 2018.
The so-called Active Liability Management Act No 08 of 2018 was essentially meant to raise loans for the purpose of management of the public debt, Thiranagama said, drawing public attention to how political parties maneuvered Parliament to enact laws immensely harmful to the country.
Commenting on Sri Lanka securing an unbearable amount of ISB’s (International Sovereign Bonds), Thiranagama said that the Active Liability Management Act No 08 of 2018 facilitated that operation during the UNP led Government of 2015 to 2019. The lawyer pointed out that of the total amount of ISBs, USD 12.5 bn were taken during the Yahapalana administration and was one of the primary causes for the current crisis.
Alleging that there hadn’t been at least proper examination of these laws that harmed the country, Thiranagama recalled how it transpired before the Parliamentary Select Committee (PSC) probing April 2019 Easter Sunday carnage that the Central Bank couldn’t inquire into massive amounts of funds received by various parties from suspicious overseas sources.
Thiranagama discussed how the country’s supreme institution, the Parliament, played a destructive role in a political agenda through the enactment of harmful laws. The lawyer also dealt with the ongoing move to privatize the CEB in line with overall government strategy.
Reference was also made to the reversal of the privatization of Sri Lanka Insurance Corporation (SLIC) as well as Lanka Marine Service (LMS) during Chandrika Bandaranaike Kumaratunga’s tenure as the President. However, the UNP leader was now going all out to achieve what he couldn’t do as the Premier during the 2002-2003 period, Thiranagama alleged.
News
War-linked power crunch pushes Lanka to four-day week
(AFP ) Millions of Sri Lankans enjoyed a government-ordered extra day off on Wednesday as the island nation battles an energy crisis triggered by the Middle East war.
Rail and bus stations were largely deserted as most state institutions, schools and universities shifted to a four-day working week.
“I am really enjoying the mid-week break because it is a fully paid holiday,” said housing ministry official Prarthana Perera, 40.
Her office, like many government departments in Battaramulla — the capital’s main administrative hub — was closed.
Banks operated on shorter hours, while many private firms introduced work-from-home arrangements, industry bodies said, urging members to help curb energy use.
Sri Lanka has already raised fuel prices by a third since the United States and Israel began bombing Iran, triggering retaliatory attacks that have disrupted global energy supplies.
About half of Sri Lanka’s electricity is generated by coal and diesel.
The cabinet has set a target of cutting electricity consumption by 25 percent, ordering street lamps switched off and asking civil servants to use table fans instead of power-hungry air conditioners.
Shipping executive Varuna Perera welcomed the day off but was uncertain of its impact.
“It will not be effective in the long term,” Perera said. “But the government will have a breather for a couple of weeks, to save some energy.”
Environmental lawyer Ravindranath Dabare was more sceptical, arguing the move would have limited impact as those needing government services would have to travel on other days.
“We can’t close hospitals… the doctors and health officials can’t work from home,” Dabare said.
The influential Chamber of Commerce said it had urged members to follow government guidelines or adopt remote work where possible, if
“business continuity can be effectively maintained”.
And Sri Lanka’s leading technology firm WSO2 made working from home mandatory for its 500 employees on Tuesdays and Thursdays.
“This is our way of contributing to the national cause,” WSO2 spokeswoman Zaithoon Bin-Ahamed told AFP.
Media Minister Nalinda Jayatissa said the government had yet to assess the impact of the energy-saving measures, but expected broad compliance.
Sri Lanka has been running coal and diesel power plants at full capacity to meet electricity demand.
President Anura Kumara Dissanayake urged electric vehicle owners not to charge their cars overnight, as they would add a surge to an already strained grid.
He asked motorists instead to plug in during the day, when excess solar power is available.
Officials said the country’s diesel stocks are sufficient to last until mid-May, while petrol could last a week longer.
The government is seeking oil supplies from Russia and hopes to tap Iran for crude oil, Jayatissa said.
Political commentator Kusal Perera said the crisis also presented scope to boost productivity across the state sector.
“They must use this opportunity to have a national dialogue on improving productivity,” he told AFP. “We have to address the inefficiency in the public sector.”
By Amal JAYASINGHE
News
Lanka to swelter through April and May, Met Dept warns
Sri Lanka is set to experience continued hot weather conditions until May, the Department of Meteorology has warned.
Additional Director General of Meteorology Ajith Wijemanna said the current heatwave is expected to ease only slightly once the southwest monsoon sets in toward the latter part of May.
Wijemanna explained that the island is currently in the first inter-monsoon period, characterised by low wind speeds and shifting wind directions, which contribute to rising temperatures. Reduced cloud cover and the sun’s direct position over the country are causing increased heating of land and sea, generating heat waves and warmer atmospheric conditions.
He cautioned that the hottest period of the day will be between 11:00 a.m. and 4:00 p.m., urging the public to limit outdoor activities during these hours.
Authorities also advised drinking plenty of water, wearing light-colored clothing, and avoiding prolonged exposure to direct sunlight, particularly for children and the elderly.The Meteorology Department further noted that rainfall may remain limited in the coming months, with drier conditions possible due to climate variability.
News
Pathfinder Foundation launches Proposal for a National Security Strategy for Sri Lanka
The Pathfinder Foundation launched a proposal for a National Security Strategy for Sri Lanka—2026, emphasising the urgent need for a comprehensive and state-led national security framework.
The proposed strategy contends that an effective National Security Strategy (NSS) must be based on a robust National Security Policy, which provides the long-term framework for protecting the country’s sovereignty, stability, and development in an increasingly uncertain global environment. The Pathfinder Foundation’s initiative, developed through consultations with academics, retired military officers, legal experts, and policy specialists, seeks to stimulate national discussion and support the formulation of an official state policy. The launch event was attended by those involved in preparing this proposal, heads of local think tanks, and media representatives.
Chairman of the Pathfinder Foundation, Amb. (Retd.) Bernard Goonetilleke, in his presentation of the report, emphasised that many major and middle powers, including the United States, China, the Russian Federation, the United Kingdom, Germany, Sweden, and Japan, have developed formal national security strategies. He pointed out that several South Asian and Southeast Asian countries, including India, Pakistan, Bangladesh, Nepal, Malaysia, Thailand, and Singapore, also rely on NSS, whereas Sri Lanka still lacks a single, officially adopted National Security Policy (NSP) or a National Security Strategy to guide long-term strategic planning.
The report highlights key strategic priorities across several sectors, including good governance, internal security, cybersecurity, energy and food security, health security, human capital development, and environmental protection. It also employs the internationally recognised DIME framework (Diplomacy, Information, Military, and Economy) to guide the coordinated use of national power in advancing Sri Lanka’s interests. Among its main institutional recommendations are establishing a fully legislated National Security Council, creating a National Security Secretariat, and officially appointing a National Security Advisor to coordinate policy and implementation across the government.
The full text of the report is available https://pathfinderfoundation.org/publications, and your comments a/ welcome via pm@pathfinderfoundation.org
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