News
No annual reports from Insurance Corporation, Electricity Board, Sathosa, Lotteries Board and Fisheries Corporation, etc., from 2015 to 2018
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.
A meeting between UN Resident Coordinator Marc-André Franche and Chief of Staff to the President Prabath Chandrakeerthi was held on Monday (07) morning at the Presidential Secretariat.
Particular attention was given to the Government’s programme to resettle people who lost their homes due to Cyclone Ditwah.
The Government’s programme to address potential disasters that may arise in the future amid El Nino conditions was also discussed. The Chief of Staff to the President briefed the UN Resident Coordinator on the Government’s preparedness and plans to address such challenges.
Mr Franche stated that the United Nations was prepared to provide the necessary assistance to the Government to support the successful implementation of these programmes.
Partnerships and Development Finance Specialist at the United Nations Azam Bakeer Markar and UN Sri Lanka Humanitarian and Resilience Officer Wagisha Perera also participated in the discussion.
[President’s Media Division]
[ Cricbuzz]
The Indian Naval Ship (INS) Udaygiri arrived at the Port of Colombo on an official visit today, 8 September 2026, where it was received by the Sri Lanka Navy in accordance with time-
honoured naval traditions.
INS Udaygiri is a 149.02m long Frigate, Commanded by Captain Vikas Sood. Meanwhile, the Commanding Officer of the visiting ship is scheduled to call on Commander Western Naval
Area, Rear Admiral Harsha De Silva at the Western Naval Command Headquarters.
Captain Sood served as the Defence Adviser at the Indian High Commission in Sri Lanka from July 2020 to October 2023.
During their stay in the island, the crew of INS Udaygiri will participate in several goodwill events organized by the Sri Lanka Navy to enhance camaraderie between the two forces.
The visiting personnel are also scheduled to visit prominent tourist and cultural locations across the island.
Additionally, Sri Lanka Navy personnel are expected to visit the ship for capability observation and knowledge sharing, and will conduct onboard training during its stay.
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