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No annual reports from Insurance Corporation, Electricity Board, Sathosa, Lotteries Board and Fisheries Corporation, etc., from 2015 to 2018

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By Saman Indrajith

SLPP National List MP Professor Ranjith Bandara told Parliament yesterday that the government’s economic policies and their feasibility had been amply reflected in the Central Bank annual report, the Finance Ministry’s performance report and in its mid-year fiscal report presented to Parliament during the last week of its sittings.

Moving a motion for the debate at the time of the adjournment of the House, Professor Bandara said that those reports scientifically analyzed and recounted the major economic setbacks suffered by the country’s economy during 2015-2019 due to the unhealthy economic policies, weak management and poor decision making of the previous government.

Prof. Bandara said that the said reports could be used to formulate future economic policies and strategies.

The adjournment motion was then seconded by SLPP Gampaha District MP Sahan Pradeep Withana, who said the country’s economy had been severely affected by the poor decision making and management under the previous government, the Easter Sunday carnage and the COVID-19 pandemic.

Citing the annual report of the Central Bank of Sri Lanka, MP Withana also said that there were several institutions that had not submitted their annual reports for the years 2015, 2016, 2017 and 2018 to the CBSL. The institutes include National Insurance Corporation, Electricity Board, Lanka Sugar, Sathosa, Lotteries Board and Ceylon Fisheries Corporation.

MP Withana said that during the previous government, financial assistance for the private sector had decreased. He added that investors and entrepreneurs had lost confidence due to lack of political stability as well.

The MP pointed out that the government revenue had decreased by Rs. 29 billion in 2019, compared to 2018.

MP Withana said that the government expenditure had increased by 8.2% in 2019 compared to 2018.



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Doctors threaten strike

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Dr. Nalinda Jayatissa

The Executive Committee of the Government Medical Officers Association (GMOA) has set a 10-day deadline for the NPP government to implement the agreement reached between them and Health and Media Minister Dr. Nalinda Jayatissa recently.

The GMOA yesterday (14) declared that the decision to launch a countrywide strike on 23 January had been taken at the EC meeting held on Tuesday (13).

GMOA Secretary Dr. Prabath Sugathadasa said his Association had resorted to trade union action in the recent past against the failure on the part of the government to address their grievances through the 2026 Budget. However, the GMOA called off such trade union action after Dr. Jayatissa, in writing, assured that the Cabinet approval would be obtained to create a special category of public service as Sri Lanka Health Service to accommodate all categories of doctors and increase the doctors’ DAT (Disturbance, Availability, & Transport) allowance, resolve transport issues in terms of the 22/99 circular, transform additional allowance to a permanent allowance and resolve issues surrounding the research allowance.

The GMOA blamed Minister Jayatissa and the Health Ministry for the developing situation. (SF)

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Chandrasekar alleges extremists in South and North hinder development

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Minister Chandrasekar welcomes Australian HC Duckworth at the NPP Jaffna office

Minister of Fisheries, Aquatic and Ocean Resources Ramalingam Chandrasekar has said that extremists operate both in the South and, to some extent, in the North, and that they often ignore the genuine needs of the people. Minister Ramalingam alleged that these extremists try to obstruct development efforts, the Ministry said.

The Minister said so when the Australian High Commissioner in Sri Lanka, Matthew Duckworth met him at the National People’s Power (NPP) office in Jaffna.

The Minister also assured that, unlike in the past, strong security guarantees have now been firmly established under the NPP administration, creating a conducive and confidence-building environment for diaspora Tamils and foreign investors to invest in Sri Lanka without hesitation.

During the meeting, the High Commissioner and the Minister engaged in extensive discussions on key political, economic and development-related issues. Particular attention was given to the long-standing friendly relations between Sri Lanka and Australia, partnerships founded on democratic values, and the prevailing situation in Sri Lanka’s Northern Province.

The discussions also focused on post-conflict development efforts in the North, governance reforms, transparency, accountability and the evolving political culture under the administration of the National People’s Power.

Minister Ramalingam Chandrasekar expressed his sincere gratitude to the Australian Government for the humanitarian assistance extended to the people of Sri Lanka affected by Cyclone Ditwah. He noted that standing with people beyond political differences during times of disaster is a true reflection of genuine international friendship. The Minister also briefed the High Commissioner on the ongoing national programmes aimed at restoring normalcy and strengthening resilience.

Highlighting the growing public trust in the government, particularly in the Northern Province, the Minister emphasised that development programmes are being implemented in a manner that safeguards this trust. He elaborated on development initiatives currently underway in the North, under the NPP-led administration, stating that these efforts are backed by firm political decisions to transform post-war reconstruction from promises into tangible action.

Special emphasis was placed on strengthening the fisheries sector, protecting aquatic resources and promoting the marine economy in ways that directly enhance the livelihoods of the northern communities. The Minister further explained that the proposed investment zones in the Northern Province are designed not merely as land allocations, but as comprehensive projects that generate employment, facilitate technology transfer and ensure a balanced regional economic development.

Calling for Australian cooperation in these investment initiatives, Minister Chandrasekar encouraged Australian investors, as well as members of the Sri Lankan diaspora living in Australia, to actively participate in Sri Lanka’s development journey. He urged the High Commissioner to play a facilitative role in easing diaspora and foreign investment engagement, noting that overseas Sri Lankans—particularly those investing in the Northern Province—can become a vital force in promoting national unity, economic equity and sustainable development.

The Australian High Commissioner stated that the National People’s Power government clearly reflects the emergence of a corruption-free administration. He observed that governance, based on transparency, the rule of law and accountability, has earned the confidence of the international community. He further assured Australia’s full support for the development of the Northern Province.

Duckworth affirmed that Australia is keen to explore investment opportunities, industrial development prospects, job creation and sustainable economic growth in the North, and that Australia recognises and welcomes development efforts supported by political stability and clear policy direction.

Emphasising reconciliation, the High Commissioner remarked that racism must be defeated in Sri Lanka, and that the deep wounds and trauma, embedded in people’s lives over decades, must be healed. True reconciliation, he said, should be born in the country itself, grounded in justice and equality, and not remain merely a slogan.

The meeting was attended by National People’s Power Members of Parliament K. Ilangumaran, J. Rajeevan and Sri Bhavanandaraja, Jaffna Municipal Councillor S. Kabilan, representatives of the Australian High Commission, and several other invitees.

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Pakistan HC in Colombo hosts special reception in honour of SAARC Woman of the Year Musarrat Misbah

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High Commissioner Faheem Ul Aziz presents Ms. Musarrat Misbah a special memento to commemorate her extraordinary entrepreneurial journey and her role in empowering women (pic courtesy Pakistan HC)

Pakistan HC in Colombo Major General Faheem Ul Aziz, HI (M), yesterday (14) hosted a formal reception at his residence to celebrate the very well-deserved achievement of Ms. Musarrat Misbah, a prominent Pakistani entrepreneur and social worker who was honored with the SAARC Woman of the Year Gold Award at the WCIC Prathibhabhisheka Women Entrepreneur Awards 2025.

Pakistan HC statement: “Ms. Misbah is recognized as a renowned humanitarian and social entrepreneur, who is presently heading the Depilex Smile Again Foundation. Her foundation is working as symbol of hope across South Asia, providing medical treatment and vocational training to women. While applauding and recognizing her phenomenal efforts, the High Commissioner appreciated her contributions and the corporate social responsibility, by her foundation. He emphasized that Musarrat’s recognition as the SAARC Woman of the Year reflected the deep-rooted commitment of both Pakistan and Sri Lanka to fostering gender equality and empowering women within the regional framework.”

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