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LKI promotes Sri Lanka as major tourist destination

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Ambassador Ravinatha Aryasinha recently told a panel discussion on ‘Sri Lanka as a Destination: From Antiquity to Modernity’ the event underscored the pivotal role of ‘cultural diplomacy’ in positioning Sri Lanka globally and heightened the importance of acknowledging cultural diversity and leveraging it to promote tourism in Sri Lanka.

Aryasinha said it was a potent force which transcends borders and fosters mutual understanding, in a world which is marked by interconnectedness and interdependence.

This interactive discussion had been organized at the Long Beach Hotel, Koggala, as part of ‘Rhythms of Paradise’ – the cultural spectacle of ‘Galle Concerto 2024’, with the aim of promoting the Southern coastline of Sri Lanka as a tourist destination, and in celebration of Sri Lanka’s timeless cultural and natural heritage.

The one-time Foreign Secretary recalled the writings of Ambassador Dr. Vernon. L.B. Mendis where it was observed “Few countries in the world could claim to have been so well known throughout its history as Sri Lanka. From earliest times to modern times, it has enjoyed an international reputation and been admired”. Within the historical frame outlined – from antiquity to modernity, he said the discussion sought to capture the vibrancy and resilience on the one hand, and the unease and restlessness on the other, as Sri Lanka today seeks to carve out a modern day narrative on the country – increasingly written by Sri Lankan writers, many living in the diaspora, which presents both a challenge, as well as an opportunity.

Professor Asanga Tilakaratne, Emeritus Professor of Pali and Buddhist Studies, University of Colombo, who participated in the discussion, painted a vivid picture of ancient Serendib from the Roman times, and how the island nation emerged as a significant entity in the annals of world history. He highlighted writings on relations with India, South East Asia and East Asia in which Sri Lanka was the destination – commencing with the Ramayana, through the arrival of Prince Vijaya, the introduction of Buddhism through Arahant Mahinda and Sanghamitta Theri with the Sri Maha Bodhi sapling. Referring to the fifth century relations with East Asia, particularly with China, he noted Fa Hsien being the first known Chinese Buddhist pilgrim, the Polonnaruwa period which saw Hindu influence on the island’s culture, art, architecture, while relations particularly with what is today Myanmar and Thailand, was a significant factor starting from around the 11th century continuing till the 15th century.

Renowned Sri Lankan author and novelist Ameena Hussein, who also participated in the discussion virtually, highlighted the documented history of the island by Arab travellers and took the audience on a historical journey with her discourse centred on her recent book ‘Visitors from the Arab World: Ibn Battuta in Sri Lanka’. She expounded upon his role, emphasizing the pivotal contribution he made to the historical chronicles of Sri Lanka, thereby underscoring his enduring impact on the island’s historical narrative.

Professor Shihan de Silva Jayasuriya commenced the discussion with an exploration of Stories: Colonial Travellers and Minority Groups; With a focus on ancient Ceylon during the Colonial era, she illuminated how Sri Lanka assimilated cultural elements influenced by the Portuguese, Dutch, and British colonial powers, shaping its distinctive identity. Furthermore, she delved into the impact of political, administrative, and legal reforms introduced by the Portuguese, Dutch, and British, shaping the fabric of Sri Lankan governance. Additionally, she highlighted the contributions of diverse ethnic minorities, including the Malay community, Indian Tamils, and the Sri Lankan-Afro community, which have enriched the cultural tapestry of Sri Lanka. This insightful discourse not only shed light on the historical dynamics of the colonial influence on Sri Lanka but also underscored the resilience and adaptability of the local culture in embracing and incorporating these external influences.

Dr. Ruvani Ranasinha, Professor of Global Literature, explored how Sri Lanka is portrayed in contemporary literature. She shed light on various modern perspectives which focused on themes such as the ethno-political crisis and representations of community, citizenship, minorities, national identity, and gendered social relations in Sri Lanka. Alongside some narrow problematic accounts, she said there was also increasingly a more nuanced portrayal mainly by Sri Lankan diaspora writers of Sri Lanka’s rich ethnic and cultural diversity which included shared experiences of Sri Lanka as a nation, which not only sought to engage Sri Lanka’s recent past as a national experience to be worked through, but also to imagine community in diverse ways and aesthetic forms.



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IMF staff team concludes visit to Sri Lanka

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An International Monetary Fund (IMF) team led by Evan Papageorgiou visited Colombo from April 3 to 11, 2025. After constructive discussions in Colombo, Mr. Papageorgiou issued the following statement:

“Sri Lanka’s ambitious reform agenda supported by the IMF Extended Fund Facility (EFF) continues to deliver commendable outcomes. The post-crisis growth rebound of 5 percent in 2024 is impressive. Inflation declined considerably in recent quarters and has fallen to ‑2.6 percent at end-March 2025. Gross official reserves increased to US$6.5 billion at end-March 2025 with sizeable foreign exchange purchases by the central bank. Substantial fiscal reforms have strengthened public finances.

“The recent external shock and evolving developments are creating uncertainty for the Sri Lankan economy, which is still recovering from its own economic crisis. More time is needed to assess the impact of the global shock and how its implications for Sri Lanka can be addressed within the contours of its IMF-supported program.

“The government’s sustained commitment to program objectives is ensuring policy continuity and program implementation remains strong. Going forward, sustaining the reform momentum is critical to safeguard the hard-won gains of the program and put the economy on a path toward lasting macroeconomic stability and higher inclusive growth.

“Against increased global uncertainty, sustained revenue mobilization efforts and prudent budget execution in line with Budget 2025 are critical to preserve the limited fiscal space. Boosting tax compliance, including by reinstating an efficient and timely VAT refund mechanism, will help contribute to revenue gains without resorting to additional tax policy measures. Avoiding new tax exemptions will help reduce fiscal revenue leakages, corruption risks and build much needed fiscal buffers, including for social spending to support Sri Lanka’s most vulnerable. Restoring cost recovery in electricity pricing will help minimize fiscal risks arising from the electricity state-owned enterprise.

“The government has an important responsibility to protect the poor and vulnerable at this uncertain time. It is important to redouble efforts to improve targeting, adequacy, and coverage of social safety nets. Fiscal support needs to be well-targeted, time-bound, and within the existing budget envelope.

“While inflation remains low, continued monitoring is warranted to ensure sustained price stability and support macroeconomic stability. Against ongoing global uncertainty, it remains important to continue rebuilding external buffers through reserves accumulation.

“Discussions are ongoing, and the authorities are encouraged to continue to make progress on restoring cost-recovery electricity pricing, strengthening the tax exemptions framework, and other important structural reforms.

“The IMF team held meetings with His Excellency President and Finance Minister Anura Kumara Dissanayake, Honorable Prime Minister Dr. Harini Amarasuriya ; Honorable Labor Minister and Deputy Minister of Economic Development Prof. Anil Jayantha Fernando, Honorable Deputy Minister of Finance and Planning Dr. Harshana Suriyapperuma, Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe, Secretary to the Treasury Mr. K M Mahinda Siriwardana, Senior Economic Advisor to the President Duminda Hulangamuwa, and other senior government and CBSL officials. The team also met with parliamentarians, representatives from the private sector, civil society organizations, and development partners.

“We would like to thank the authorities for the excellent collaboration during the mission. Discussions are continuing with the goal of reaching staff-level agreement in the near term to pave the way for the timely completion of the fourth review. We reaffirm our commitment to support Sri Lanka at this uncertain time.”

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New Year dawns at the auspicious time of 03.21 a.m. tomorrow (14).

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The Sinhala and Tamil New Year will dawn at the auspicious time of 03.21 a.m. tomorrow (14th Monday).

The auspicious time to light the hearth and prepare the first meal is at 0404 am on  Monday (14) facing South.

The auspicious hour to commence work, perform the first transactions and  partaking of the first meal is at 0644 am  facing South dressed in white coloured clothes.

 

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PNB detect large haul of methamphetamine and heroin in local fishing trawler intercepted by Navy

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Acting on credible information, the Sri Lanka Navy launched a special operation on the high seas on 11 Apr 25, resulting in the apprehension of  06 suspects along with a local multi-day fishing trawler, believed to be involved in smuggling of narcotics.

Subsequently, the intercepted trawler was brought to the Dikkowita Harbour, where a thorough inspection was carried out with the assistance of the Police Narcotic Bureau (PNB) experts, leading to the detection of  approximately 77kg and 484g of heroin and 42kg and 334g of methamphetamine (Ice).

The consignment, which had been meticulously hidden in the trawler, was handed over to the PNB for onward legal action on 12 Apr.

 

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