News
President outlines his track record since assuming office in 2022

President Ranil Wickremesinghe told Parliament yesterday, making a statement, that he had assumed leadership of the country without any conditions, despite being a sole Member of Parliament from his party.
The President said he expected to conclude all negotiations with external creditors by the middle of this year, and that the ultimate goal of debt restructuring was to reduce the total amount of debt to 95% of the GDP by 2032.
Furthermore, he mentioned that during the first three months of the year, the exchange rate of the US dollar had been brought down to below Rs. 300 and the foreign reserves raised to a value of more than USD 5 billion.
He said a salary increment for government employees could be considered only next year based on the economic growth of 2024 and state income since the current revenue was not sufficient.The President emphasised that achieving a consensus was not solely the responsibility of public representatives in Parliament, and the onus was also on religious leaders, trade unions, professionals, the business community, non-governmental organizations, various opinion leaders, individuals with social influence, and every citizen.
“We anticipate economic growth of at least 3% this year, a forecast supported by multiple domestic and international financial institutions. Inflation has significantly decreased to 1.5%. Additionally, the primary account balance, previously in deficit for several years, turned into a surplus of 0.6% of GDP in 2023.
For the first time in many decades, a surplus in the current account of the balance of payments was achieved in 2023. Furthermore, interest rates decreased substantially, reaching levels as low as 10-13%.
Through a series of reforms, we established financial discipline within the country. Another crucial reform for economic stability was restructuring our debt.
This was a significant consideration for finalising the IMF agreements in September 2022. By December 2022, the total debt as a percentage of GDP had reached 128%, a concerning level. Hence, we devised a debt restructuring program, which was structured into three primary phases.
Over the past couple of years, our government has diligently endeavoured to bring relief to our citizens through the outcomes of our economic recovery initiative. We arranged to directly grant substantial sums of money to economically disadvantaged groups in our country under the “Aswasuma” programme and other relief initiatives. Moreover, allowances granted to kidney patients, the elderly, and individuals with disabilities have been increased by 50%.
Under this programme, economically disadvantaged groups receive more than three times the existing Samurdhi subsidy. In 2024, a total of Rs. 205 billion will be spent for these relief programmes. Relief programs in Sri Lanka trace their origins back to the Second World War. Since then, there has not been such a significant allocation of funds to aid the impoverished.
Over the course of the 2022 Yala season, 2022/23 Maha season, 2023 Yala season and 2023/24 Maha season, our agricultural practices have yielded successful harvests.
The government has contemplated providing a portion of the crops to the impoverished free of charge.
It is imperative to exceed mere economic stabilization and recovery efforts and transition our economy onto a sustainable path. Implementing a formal and swift programme to achieve this transformation is essential.
News
NPP bags CMC in secret vote; SJB, allies disappointed with bureaucratic action

National People’s Power (NPP) councillor Vraie Cally Balthazaar yesterday (16) won a controversial secret vote to secure the mayoral seat at the Colombo Municipal Council (CMC). She received 61 votes while Riza Zarook, fielded by the SJB-led Opposition, obtained 54 votes.
Two votes were rejected. The CMC consists of 117 members and the winner needs to secure at least 59 votes. At the 6 May Local Government elections, the NPP won 48 seats in the CMC while the SJB had to settle for 29.
At the onset of yesterday’s proceedings, both the SJB and UNP demanded that an open vote should take place while the NPP asked for a secret vote. However, after noisy haggling over the issue for 30 to 40 minutes suddenly some Opposition members, and the NPP, declared they had reached consensus for a secret vote though some were heard insisting on an open vote.
The secret vote was conducted by Commissioner of the Department of Local Government of the Western Province, Sarangika Jayasundara. In terms of the Local Government law, the type of voting-‘open vote’ or secret vote, should be decided by a secret vote.
In the run-up to yesterday’s secret vote, both parties repeatedly declared they had the necessary numbers to secure mayoralty.
In a desperate move, the SJB reached an alliance with the UNP (13 seats), SLPP (5 seats) and People’s Alliance (1 seat) to garner support among the Opposition but couldn’t reach the target.
That bid had the support of former Presidents Mahinda Rajapaksa and Ranil Wickremesingh.
In spite of the SJB declaring that the Opposition at the CMC consisted of 69 councillors, the NPP reached consensus with many parties, and independent groups, thereby increasing its tally from 48 to 61 – two votes more than the required number.
The following political parties and independent groups won seats at the CMC: NPP (48), SJB (29), UNP (13), SLPP (5), SLMC (4), Independent Group 3 (3), United Peace Alliance (2), Sarvajana Balaya (2) Independent Group 4 (2) and Independent Group 5 (2). National People’s Party, National Freedom Front People’s Alliance, Democratic National Alliance, Independent Group 1 and Independent Group 2 won one seat each.
Having won the secret vote Balthazaar shook hands with Riza Zarook before declaring that all elected members bore responsibility to serve the people. The new Mayor emphasised the responsibility on the part of all 117 to work collectively for the betterment of the people.
The March 12 Movement has claimed that political parties/individuals are being bribed by those seeking to form administration in hung councils. The civil society grouping has said that while conclusive evidence remains limited, widespread public opinion suggests that financial incentives and other benefits may have influenced the support extended to various parties. Such perceptions, whether confirmed or not, do not bode well for the future of local governance, the group has said.
By Shamindra Ferdinando
News
Quality of private university degrees under scrutiny: PM

Prime Minister Dr. Harini Amarasuriya, on Saturday, said that a fresh review would be conducted of the quality of degrees awarded by private universities in Sri Lanka.
She said that concerns had arisen over the academic standards of some private universities, whose graduates recruited into the Sri Lanka teaching service. The issue had now been identified, and the Ministry of Education had already initiated a review process in response, the PM said.
The Prime Minister said so during a discussion held on Saturday (14) at the Ministry of Education with representatives of teacher and principal unions.
She said the recruitment of graduates had been approved by the previous government and it had been implemented in accordance with the provisions of the Teachers’ Service Minute.
Dr. Amarasuritya said that although those appointments were legally valid, the Ministry had begun reviewing the quality of education degrees offered by UGC-approved private universities and affiliated higher education institutions.
By Chaminda Silva
News
Ex-parte injunction against AAC vacated

Colombo District Judge Sandun Vithana recently issued an order vacating the ex-parte injunction previously granted against Automobile Association of Ceylon (AAC). The order was issued subsequent to the submissions made by the Counsel representing the Association, Executive Committee Members and Secretary.
This was in respect of Keerthi Gunawardena, former Vice President of the Association moving court against the AAC. Gunawardena obtained an ex-parte injunction that temporarily suspended the Association’s decision to terminate his Membership.
The Association’s Counsel told the court that Gunawardena had conducted himself in a manner undesirable and unbecoming of a Member at the 119th A.G.M. of the Association.
It was also noted that there were 37 formal complaints from Members regarding the incident in question. It was also emphasized that the termination of the Membership of Keerthi Gunawardena was made in strict accordance with the Consolidated Revised Rules in force at the Association. The Defence also argued that Gunawardena had provided misleading information to the Courts when seeking ex-parte injunction.
After carefully considering the submission from all parties the D.C. determined that the plaintiff had both suppressed and misrepresented material facts when he initially approached the Courts for relief.
It concluded that the ex-parte injunction should be vacated, thereby allowing the Association’s original membership termination decision to stand.
For the A.A.C. Kuvera De Zoysa P.C. led the team supported by Attorneys-at-Law Samuditha Kumarasinghe and Sanjana De Zoysa instructed by Attorney-at-Law Sanjay Fonseka.
For Association President Dhammika Attygalle, Ikram Mohamed P.C. appeared with Attorney-at-Law Charitha Wickrema. For the Executive Committee Members Chandaka Jayasundera, P.C. with Attorney-at-Law Imaz Imthiyaz, for the Association Secretary, Devapriya Hettiarachchi, Sanjay Rajaratnam P.C. appeared with Attorney at Law E.S.Jayasinghe.
The Plaintiff Gunawardena was represented by Attorneyat-Law Asthika Devendra instructed by W.M.D.M.B. Wasala.
-
Features4 days ago
They came, they won, they returned to Jaffna isles
-
News6 days ago
UK confirms ongoing war crimes investigation into British mercenaries in Sri Lanka
-
News4 days ago
ITAK candidate elected B’caloa Mayor as NPP seeks alliance with Pillayan
-
Opinion5 days ago
Prof. Dissanayake honoured for oustanding contribution to Sinhala literature
-
Features2 days ago
As I remember, from 50 years ago: the 75-80 Katubedda Engineering Batch
-
News5 days ago
Enhanced security for Israelis in Sri Lanka
-
Midweek Review6 days ago
‘Aragalaya’ could have been thwarted and GR’s presidency saved: Mahinda Siriwardana
-
Business6 days ago
Beyond the Numbers: The real costs and benefits of migration for migrant mothers