Connect with us

News

Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM

Published

on

Gevindu Cumaratunga

 … draws attention to discrepancy in beneficial interest rates for EPF members

By Shamindra Ferdinando

Dissident SLPP lawmaker Gevindu Cumaratunga yesterday (18) said that the Wickremesinghe-Rajapaksa government owed an explanation how the Governing Board of the Central Bank had approved a massive salary increase to CBSL employees at a time the country was experiencing developing political-economic-social crisis.

The National List MP said the recent disclosure of over 70 percent salary increase to several different categories of CBSL employees should be brought to the attention of the International Monetary Fund (IMF), bilateral and private creditors as well.The Finance Ministry confirmed the salary increase when The Island raised the issue with a senior official.

President Ranil Wickremesinghe, in his capacity as the Minister in charge of Finance portfolio should explain the circumstances relatively affluent section of public sector workers received an unprecedented salary increase against the backdrop of a large grouping of health sector trade unions resorting to trade union action in a bid to secure Rs 35,000 DAT (Disturbance, Availability and Transport) allowance granted to doctors.

Cumaratunga said: “How could CBSL employees receive over 70 percent salary increase while the Finance Ministry repeatedly declared that health sector workers’ demands couldn’t be granted for want of funds. State Finance Ministers, Ranjith Siyambalapitiya and Shehan Semasinghe, both members of the SLPP should answer public concerns in this regard.”

Responding to another query, Cumaratunga said that he intended to raise the issue at hand in Parliament. “Let us all political parties represented in Parliament, civil society and the media take up this issue vigorously,” he said, claiming that salaries and allowances of a section of top officials had been increased by as much as Rs 600,000.

“This is not fair. Such actions cannot be justified under any circumstances,” the MP said. Referring to the 2024 budget, MP Cumaratunga said that public finance was in such a precarious situation, government servants were granted a salary increase on a staggered basis.

Having suspended debt repayment in April 2022, the country was yet to start paying its debt and there was no consensus with creditors, MP Cumaratunga said. Therefore, the CBSL, faulted along with others for the current crisis by the Supreme Court, couldn’t use the Central Bank of Sri Lanka (CBSL) Act, No. 16 of 2023 to its advantage, MP Cumaratunga added.

In terms of this Act, the Governing Board (GB) of the CBSL is responsible for overseeing the administration and management of the affairs of the CBSL and determination of the general policies of the CBSL.

The leader of the Yuthukama civil society organization pointed out in 2022, the CBSL employees had received a staggering 29.27 percent interest while the other EPF members received just 9 percent. “We took up this issue both in and out of Parliament though the government turned a blind eye to the unfair practice,” MP Cumaratunga said.  The civil society activist questioned how CBSL employees received special status when EPF, managed by the Central Bank, were entitled for 9 percent interest, MP Cumaratunga said, alleging that funds amounted to Rs 21 bn that could have used to provide additional assistance were held in a special account while EPF members struggled to make ends meet.

The government had allowed an unprecedented discrepancy in what he called beneficial interest rates received by members of the Central Bank Provident Fund, MP Cumaratunga said. According to him, in terms of the Domestic Debt Optimization (DDO) plan passed on July 01, 2023, the government legitimised the flawed EPF interest payment scheme. The MP said that the ruling SLPP voted for the controversial resolution that was adopted with a majority of 60 votes. The resolution received 122 votes in favour whereas 62 voted against. Forty-one MPs skipped the vote.

Much of the 10-hour debate, on July 1, 2023, centered on how the DDO process impacted on the EPF and ETF (Employees Trust Fund). Unfortunately, Parliament never really wanted to address the issue, a vast majority of EPF members being disadvantaged by the CB-managed EPF. That is the crux of the matter, MP Cumaratunga said.



News

Premadasa: Grade 6 syllabus fiasco signals deeper issues

Published

on

Harini Sajith

Vicious attacks disguised as criticism of education reforms, says PM

Opposition Leader Sajith Premadasa has said Sri Lanka’s education system has fallen into a “tragic condition,” warning that the crisis extends far beyond the Grade 6 syllabus fiasco.Premadasa made these remarks at the Opposition Leader’s Office during the establishment of the “Common Platform to Protect Free Education.”

Premadasa said that while public attention was on the Grade 6 syllabus issue, the problems facing the education sector were far deeper and affected the entire education system, including schools, universities and tertiary education institutions.

The Opposition Leader noted that the current crisis had not manifested itself overnight due to result of recent decisions; instead, it had developed over time due to reforms being introduced without proper consultation, dialogue or a participatory process involving stakeholders.

The Opposition Leader stressed the urgent need for setting political agendas aside and making a concerted effort to introduce meaningful educaton reforms. He said the rights of more than 4.1 million schoolchildren must be protected.

Premadasa said Sri Lanka must ensure that education was free and of high quality, and warned that failure to do so would have long-term consequences for the country’s future.

Taking part in a televised interview, PM Harini Amarasuriya responded to criticism of the government’s proposed education reforms, especially recent criticism on the rainbow colours on the covers of modules.

This is not constructive in any way. This is vile. This is really vicious. This is the politics the people of this country rejected in three elections in 2024 and 2025,” she said.

She added that the government was open to constructive criticism.

Continue Reading

News

Sri Lankan Airlines launches Intl branding initiative for Colombo Nawam Maha Perahera 2026

Published

on

SriLankan Airlines has unveiled a landmark international branding initiative to promote the Colombo Nawam Maha Perahera 2026, one of the country’s most distinguished religious and cultural festivals. The initiative is showcased on an Airbus A320neo, transforming the aircraft into a flying ambassador of Sri Lanka’s living heritage.

Through a specially designed aircraft livery, SriLankan Airlines now carries the prestige, spirituality, and cultural identity of the Nawam Maha Perahera across its international route network. This initiative positions the Perahera not only as a sacred Buddhist procession, but also as a major cultural and tourism attraction, highlighting

Colombo as a destination of heritage, harmony, and tradition.

Organised under the auspices of the Gangaramaya Temple, the Nawam Maha Perahera is internationally recognised for its historical significance, spiritual depth, and ceremonial grandeur. The concept for this international branding initiative was initiated by Venerable Dr. Kirinde Assaji Thero, who recognised aviation as a powerful platform for cultural diplomacy and global storytelling.

The successful realisation of this initiative has been made possible through the collective efforts of the Nawam Maha Perahera Committee, devoted devotees and supporters, and the institutional collaboration of the Prime Minister’s Office and the Ministry of Aviation, together with the full cooperation of SriLankan Airlines. The entire international aircraft branding initiative has been fully funded by the Gangaramaya Temple, together with the Nawam Maha Perahera Committee, reflecting the commitment of the Temple and its devotees to preserving and promoting Sri Lanka’s religious and cultural heritage on a global stage.

SriLankan Airlines extended its support across all levels of the organisation. Special appreciation is extended to the Chairman, Board of Directors, senior management, engineering and technical teams, designers, operational staff, and frontline employees, whose combined expertise and dedication transformed this cultural vision into reality.

Recently, Venerable Dr. Kirinde Assaji Thero, along with members of the Nawam Maha Perahera Committee, visited the SriLankan Airlines engineering and operations premises in Katunayake, accompanied by resident young Buddhist monks from the Gangaramaya Temple. During the visit, the delegation observed the progress of the aircraft branding work and offered blessings to the SriLankan Airlines team, expressing appreciation for their professionalism and commitment.

As the Airbus A320neo travels from city to city and culture to culture, it carries with it the story of Gangaramaya Temple, the Nawam Maha Perahera, and Sri Lanka’s enduring cultural values—fostering international awareness and strengthening the country’s image as a destination of faith, heritage, and cultural pride.

This initiative stands as a strong example of how religion, culture, tourism, and national aviation can work together in unity to elevate Sri Lanka’s presence on the global stage in the lead-up to the Colombo Nawam Maha Perahera 2026.

Continue Reading

News

Reports on Grade 6 module adult website link due next week

Published

on

Statements have been recorded from six individuals, including senior officials of the National Institute of Education (NIE), in connection with the inclusion of a link to a pornographic website in a Grade Six English learning module, according to police headquarters sources.

Those questioned include module writers attached to the NIE’s Academic Affairs Division, as well as officials involved in the review, editing and proofreading of the material.

Meanwhile, an Education Ministry official said a separate preliminary inquiry into the NIE’s module development process was being carried out by a committee chaired by Ranjith Ariyaratne. Reports from both inquiries are expected to be submitted next week.

Deputy Minister of Education Dr. Madhura Seneviratne told the media that measures were underway to strengthen the module preparation process at the NIE, with guidance from a panel of subject experts. He said extensive discussions had been held with senior NIE officials on January 16, and stressed that appropriate disciplinary action would be taken based on the findings of the investigation reports.

Following the disclosure of the incident, NIE Director General Prof. Manjula Vidanapathirana resigned from her post to facilitate the investigations. However, sources said no statement had been recorded from her, as her role was limited to administrative responsibilities.

By Norman Palihawadane and Chaminda Silva ✍️

Continue Reading

Trending