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Polls won’t impede Indo-Lanka talks on ‘financial measures’ to save SL economy

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By Shamindra Ferdinando

The upcoming general election will not impede ongoing talks between India and Sri Lanka on re-scheduling of bilateral debt repayment, according to authoritative sources.

Asked whether a consensus could be reached before the general election, sources answered in the negative. They, however, explained that relevant officials were continuing deliberations in that regard.

Indian and Sri Lankan officials held a video conference on July 22 to discuss re-scheduling of bilateral debt repayment.

 The Indian delegation consisted of senior External Affairs, Finance, and the EXIM Bank officials whereas Sri Lanka was represented by the Department of External Resources.

Talks followed President Gotabaya Rajapaksa and Premier Mahinda Rajapaksa, who is also the Finance Minister having telephone conversations with Indian leader Narendra Modi, on May 23 and 27, respectively. Subsequently, Indian High Commissioner Gopal Baglay again took up the matter on May 29 leading to the Indian High Commission in Colombo engaging the government to pave the way for talks on re-scheduling of bilateral debt repayment.

 The next round of technical discussions between the two sides on rescheduling of debt repayment is expected to be held soon though not before the election.

 Earlier President Gotabaya Rajapaksa said that the economy was in dire straits due to major revenue sources, namely garment exports, foreign remittances and tourism being badly affected as a result of corona epidemic.

 Sources said that in addition to the re-scheduling of debt repayment, Sri Lanka had sought 1.1 billion USD under the SWAP facility to top up the USD 400 million SAARC facility to assist Sri Lanka in overcoming its foreign exchange crisis. Sources said that USD 400 mn facility had been finalized whereas discussions were yet to take place as regards the USD 1.1 bn currency swap facility. Discussions were expected after the general election.

Responding to another query, sources said that once the election was concluded talks on re-scheduling of debt repayment and USD 1.1 bn currency swap facility could take place.

 Asked for the Samagi Jana Balavegaya’s response to ongoing talks with India, SJB Colombo District candidate Dr. Harsha de Silva said: “We will certainly work with all our friends around the world to see how they could help us. We will continue all negotiations and we are confident we could arrive at solutions that would help us tide over the difficulties.”

 



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Wednesdays declared a government holiday with effect from 18th March

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The Commissioner General of Essential Services, Prabath Chandrakeerthi has announced that, after taking into consideration the current fuel situation in Sri Lanka, the  Government has decided to declare Wednesdays of every week as a holiday for government sector employees, all government schools, universities, and courts with effect from March 18, 2026,  until further notice

The holiday will not apply to essential service sectors including Healthcare, Ports, Water Supply and Customs.

 

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PM declares open Angunukolapelessa Leisure Island

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Prime Minister Dr. Harini Amarasuriya stated that leisure had long been limited to only a privileged segment of society, and that the government’s objective is to create opportunities for all citizens to equally experience and enjoy that leisure.

The Prime Minister made these remarks on  Sunday (15th of March) while opening the multi-purpose development project associated with the Angunakolapelessa Tank, developed under the “Pohosath Gamak” programme of the Ministry of Rural Development, Social Security and Community Empowerment for the public.

In parallel with the multi-purpose development project carried out associating the Angunakolapelessa Leisure Island, a boating facility and the Leisure Island cafeteria were also officially opened.

Addressing the gathering the Prime Minister  stated:

“The multi-purpose development project associated with the Angunakolapelessa Tank has received voluntary support from the community of  more than 700 days.

With the funding from the Ministry of Rural Development, Social Security and Community Empowerment, the Angunakolapelessa Pradeshiya Sabha, together with the divisional councils, public safety committees, youth societies, trade associations, and many others in the community, was able to transform this site into a major development project within a remarkably short period of time.

This project serves as a powerful example of what can be achieved when people unite collectively for a noble purpose. Developing a country is not a task that the government alone can accomplish.

When intellectuals, religious leaders, youth, entrepreneurs, and the public come together with strong and responsible leadership, we can build a nation so resilient that no hostile force will be able to weaken it.

People in rural communities who live demanding and hardworking lives also deserve to enjoy. For a long time,  leisure was limited to only a privileged segment of society. As a government committed to fostering a dignified cultural life for all citizens, it is important to create more spaces like this where people can relax, walk, enjoy themselves, and spend time with peace of mind.

The occasion was graced by the presence of the members of the Maha Sangha, and attended by the Minister of Rural Development, Social Security and Community Empowerment Upali Pannilage, other ministers and parliamentarians, government officials, and local residents.


(Prime Minister’s Media Division)

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Navy’s successful high-seas bust nets over 133kg haul of heroin

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As a key frontline stakeholder in the national mission, ‘A Nation United,’ the Navy continues to conduct maritime operations in the waters surrounding the island, in coordination with other law enforcement agencies.

During a recent successful operation on the high seas south of Sri Lanka, the Navy intercepted a local multi-day fishing trawler and apprehended five suspects (05) in connection with the smuggling of a stock of suspected drugs.

During a special inspection at the Dickowita fisheries harbour today (16 Mar26), the Police Narcotic Bureau (PNB) confirmed the presence of over one hundred and thirty-three (133)
kilograms of heroin.

The Deputy Minister of Defence, Major General Aruna Jayasekara (Retd), accompanied by the Commander of the Navy, Vice Admiral Kanchana Banagoda, was present in Dickowita to inspect the seized items.

Addressing the media, the Deputy Minister stated that the tri-forces, particularly the Navy, along with the Coast Guard, Police, and other law enforcement agencies, are executing the
government’s vision for national security. He noted that the recent naval operation in the southern seas, which seized a large consignment of narcotics and weapons, demonstrates the government’s success in combating criminal networks involved in narcotics, arms and human trafficking.

He added that such successful outcomes result from the Navy’s meticulous planning, surveillance, intelligence analysis, and inter-agency coordination. He affirmed that no leniency will be shown to drug trafficking networks, and conveyed admiration, on behalf of the President, for the distinctive contribution made by the Sri Lanka Navy, in collaboration with other stakeholders,
towards ensuring public safety and protecting the younger generation from the menace of drugs.

Highlighting the scale of the Navy’s impact, he revealed that naval operations in 2025 seized narcotics valued over Rs. 75 billion, and operations so far in 2026 have seized over Rs. 20 billion worth of drugs.

The Deputy Minister warned that traffickers are increasingly using the guise of legitimate fishing activities to smuggle narcotics. Besides, he emphasized that the responsibility lies not only with law enforcement agencies but with all sectors of society to eradicate the networks associated with drug trafficking. He issued a firm directive to traffickers, dealers, and distributors to “quit,” asserting that there is no loophole, whether by sea or air, that the security forces cannot close. He
further urged drug users to abandon this destructive habit.

He announced plans for legal amendments to impose stricter penalties for drug offenses. Noting that law enforcement agencies have operational autonomy, he appealed to the public to report information on drug trafficking to hotlines 1818 and 1997.

He also commended the media for their responsible reporting in educating the public on the drug menace.

The trawler, the suspects, the communication equipment and the stock of narcotics held in this operation were handed over to the PNB for onward investigation and legal proceedings.

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