News
‘Parliamentary approval irrelevant, President played politics with issue’
Vote on IMF facility likened to death certificate for a buried man
By Shamindra Ferdinando
Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva said that their decision to skip the vote on the ‘Resolution’ for the implementation of the arrangement under the EFF (Extended Fund Facility) of the International Monetary Fund for Sri Lanka shouldn’t be construed as a rejection of the agreement with the IMF.
The chief of SJB’s economic management team said so when The Island sought his explanation for failing to back the agreement with the IMF, having repeatedly urged President Gotabaya Rajapaksa’s government to seek IMF intervention.
Of the 80 lawmakers who skipped Friday’s vote, the majority belonged to the SJB, the main Opposition party.
Pressed to explain what some called the SJB’s dubious stand, the former UNPer and State Minister said his party strongly opposed certain clauses in the IMF agreement, regardless of the appreciation of Washington headquartered lending agency’s intervention. Asked to explain, Dr. de Silva said that on behalf of the SJB, he had told IMF representatives that a future SJB-led administration would definitely seek to alter those disputable sections.
The resolution received the backing of 120 MPs, whereas 25 voted against it. Three Jathika Jana Balawegaya (JJB) MPs and rebel SLPP MPs voted against the resolution. Three SLPP MPs, who have distanced from the government parliamentary group, namely John Seneviratne, Anura Priyadarshana Yapa and Dr. Sudarshini Fernandopulle, threw their weight behind the agreement, whereas the TNA and the SLFP, too, skipped the vote.
The vote was taken electronically, on 28 April, on the third and final date of the debate.
Dr. de Silva stressed that the agreement with the IMF did not require parliamentary approval at all. Alleging that President Ranil Wickremesinghe sought to exploit the situation to the advantage of his government, Dr. de Silva likened the parliamentary approval for the IMF agreement to obtaining a death certificate for a buried man.
Pointing out that Sri Lanka, over a period of time, sought IMF interventions, on 16 occasions, Dr. de Silva said that no previous government did make a song and dance about seeking such assistance.
Emphasizing the vital importance in securing IMF assistance, amounting to USD 2.9 bn, over a period of four years, the Colombo District MP said that the SJB never wanted to sabotage the process. The Wickremesinghe-Rajapaksa government could have sought a consensus with the Opposition before finalizing the Staff Level agreement with the IMF, on 01 September, last year. Unfortunately, even after that the government quite conveniently kept the Opposition out of the process and the situation remained the same till the IMF Executive Board approved the loan on 20 March, 2023, Dr. De Silva said.
Why on earth a three-day debate is held to discuss a finalized agreement, lawmaker de Silva asked, pointing out that Sri Lanka has received the first tranche immediately after the IMF Executive Board’s approval.
Responding to further questions, the economist said that the IMF agreement, now in operation, essentially focused on stabilizing the economy. However, Sri Lanka needs economic stability, plus growth, the former Chairman of the Committee on Public Enterprises (COPE) said.
Lawmaker de Silva said that 36% tax rate on personal income and corporate profit tax of 30% on exporters weren’t acceptable. “We’ll certainly initiate negotiations with the IMF in this regard,” the one-time Wickremesinghe’s deputy, during the Yahapalana, administration said.
The MP expressed the belief that the government could have secured much better agreement if Sri Lanka’s proposals were presented, after having reached an understanding with major political parties represented in Parliament.
News
NPP govt. reminded of its responsibilities as US warship leaves Colombo
Stranded Iranian ships off SL:
Iran has reminded Sri Lanka that as a member of the UN the government is obligated to fulfil its responsibilities.
Iranian Ambassador Alireza Delkhosh in Colombo said that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its Exclusive Economic Zone (EEZ).
Ambassador Delkhosh was responding to a recent Foreign Minister Vijitha Herath’s declaration that neither the government nor private companies would provide food, water and medicine to these ships.
The Ambassador questioned how Sri Lanka accepted illegal and unilateral US sanctions against Iran, contrary to the JVP’s much touted historic anti-imperialistic manifesto.
The Iranian vessels are believed to be under constant US surveillance to prevent any supplies from getting through.
The Iranian Embassy made these comments as USS Tulsa (LCS 16), an Independence-variant littoral combat ship arrived in Colombo where it received supplies. The US Embassy declared that; ” this goodwill visit provides an opportunity to strengthen ties between US and Sri Lankan sailors while the ship refuels and resupplies before continuing its mission in the Indo-Pacific.”
Ambassador Delkhosh said that even if the above-mentioned Conventions weren’t adhered to, there existed, what he called, unwritten yet binding conventions that compelled Sri Lanka to assist. “It is the Convention of not forgetting past friendship and Convention of Humanitarian Actions.”
The Iranian envoy emphasised that these conventions that exempt no country from extending humanitarian aid, especially Sri Lanka, which, throughout its recent history, has been a recipient of Iranian assistance.
A section of the international media reported that Sri Lanka faced the risk of secondary sanctions from the United States if Sri Lanka allowed supplies to reach the stranded Iranian vessels. Twenty vessels are believed to be stranded in EEZ.
Former Sri Lankan Ambassador in Tehran, M.M. Zuhair, recalled how the Iranian government swiftly and decisively provided assistance, amidst western efforts to jeopardise the military campaign, by undermining the national economy.
As the war entered a crucial stage, the government found itself in an extremely difficult situation. Following talks at the highest level, Iran provided Sri Lanka with an interest-free and concessionary oil credit facility worth $1.05 billion to help obtain crude oil requirements, President’s Counsel Zuhair said.
If not for the rolling credit line, easing severe foreign exchange pressures, the Rajapakasa government could have faced an insurmountable challenge, the former diplomat said, adding that, unfortunately, those in decision-making positions now have forgotten the past. (SF)
News
CERT: Beware of foreign Uni. scams on social media
The National Centre for Cyber Security has warned of a major fraud perpetrated, targeting those seeking to enter foreign universities. The fraudsters have used social media to deceive both students and their parents. The text of the press release issued yesterday: ” Sri Lanka CERT has received complaints from several parents and students who have lost hundreds of thousands of rupees after falling victim to advertisements posted on social media offering admission to foreign universities.
You may come across advertisements on social media claiming that students can gain admission to foreign universities, obtain visas to travel abroad, secure work permits for several years, and eventually even obtain citizenship in those countries.
Some of these advertisements are completely fraudulent. When you call the telephone numbers provided in such advertisements, the information you receive may sound highly attractive and convincing.
The scammers present themselves as representatives of some of the world’s leading universities. They claim that students can gain admission by paying only a registration fee and the tuition fees for the first semester. They may further claim that students can then find employment to cover their accommodation and food expenses. They may also tell students that they have opportunities to obtain scholarships for subsequent semesters.
The scammers may also instruct victims to create an email account or join a WhatsApp group. The information shared through these channels may include videos, photographs and other details about the relevant universities. The scammers present this information so convincingly that it may be difficult to suspect that the videos and photographs have been copied or stolen from online sources. The documents provided for registration may also closely resemble genuine documents issued by the respective universities.
They may then provide foreign bank account details for transferring the required payments. In this way, the scammers attempt to eliminate any remaining doubts that the victims may have.After victims transfer hundreds of thousands of rupees as registration fees and tuition fees for the initial study period, the scammers disappear.
Therefore, Sri Lanka CERT urges the public not to fall victim to such advertisements posted online and to select only legitimate university representatives who provide services through lawful and recognised channels.
Sri Lanka CERT further urges the public to carefully verify the authenticity of all documents provided by such individuals, as well as the bank account details to which payments are requested, before making any financial transactions.”
News
Shiranthi receives treatment at National Eye Hospital
Former First Lady Shiranthi Rajapaksa yesterday (09) underwent an examination by a specialist at the National Eye Hospital. She was taken there, while in remand custody. Sources said that Mrs Rajapaksa had been previously referred to a prison medical specialist and on his advice was taken to the National Eye Hospital.
She has been remanded till 13 Oct by Colombo Additional Magistrate Darshima Premaratne. The former First Lady was produced before court over allegations that she had obtained Rs. 10 million from the National Savings Bank on the pretext of providing a CT scanner to the Lady Ridgeway Hospital for Children, through the ‘Siriya Saviya’ organisation, but didn’t do so, thereby misappropriated the government funds for her personal use.
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