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Proposed laws set to introduce structural changes, will be presented to Parliament in May – President

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President Ranil Wickremesinghe participating at the “Let’s Start with Me”  Kandy District Youth Conference held at the President’s House, Kandy on Sunday (07) stated that the legislation pertaining to the establishment of the new economy will be presented to Parliament in May and approved by June.

Elaborating further, the President said:

“If we fail to drive the country towards rapid development, its future remains bleak. It rests upon the youth to determine whether to allow the economy to stagnate, advance forward, or allow it to collapse.

If the economic agenda of the present government is shelved, the economy of the country risks another collapse. Not everyone possesses the financial means to leave the country.  Thus, it is incumbent upon all of us to collectively bolster the country’s economy.

The youth express dissatisfaction with the prevailing economic framework within the country and are clamouring for change. We are actively engaged in drawing up a new economic model to meet this demand. The  laws necessary for this endeavour are to be presented to Parliament in May and enacted by June, effecting change in the economy necessitates a corresponding transformation in the country’s legal framework.

The collaboration of all government departments and corporations is essential in steering the nation towards rapid economic advancement. If achieving this objective proves challenging, a revision of institutional structures becomes imperative.

Furthermore, the country’s economy cannot develop without parallel development in rural areas. Every prosperous nation has bolstered its rural agricultural economy. Hence, we have initiated the agricultural modernization program to introduce modern agricultural practices to villages. In light of this, it falls upon the youth to determine whether to embrace change and drive forward or remain inert.

When the United National Party (UNP) assumed power in 1977, President J.R. Jayawardene urged the youth to lead the nation forward, stating, “If you are prepared to take on this task, I am here to provide the requisite guidance.”

In response, the youth actively engaged in the electoral process and drove the United National Party (UNP) to victory. Subsequently, President J.R. Jayawardene initiated the Mahaweli Program, originally slated for a 30-year timeline, but was accomplished within a decade, providing the nation with essential electricity. During his tenure, two trade zones were established. Building on these initiatives, President R. Premadasa launched 200 garment factories nationwide, bolstering the rural economy.

As youth, we advocated for these programs during that period. Today, if the youth are ready, let us embark on this journey together. Efforts are underway to enact the necessary legislation to establish a new economy. Let us introduce the Economy Restructuring Act and commence this initiative. Additionally, endeavours are being made to introduce new fiscal legislation to regulate government finances.

Despite women comprising the majority of the country’s population, their representation in the workforce remains insufficient.

Consequently, we are introducing two new bills aimed at safeguarding women’s rights. These initiatives will be presented to Parliament in May. We anticipate that these measures will catalyse significant change within the country. I extend an invitation for you to join us in this endeavour for change.

I will not tolerate any party attempting to deceive you with falsehoods. I acknowledge your concerns, and it is imperative to emphasize that these new laws are intended to address those very issues.”

Below are a few of the queries raised by the youth and the responses by the President:

Question:
Mr. President, we have witnessed the implementation of various ordinances in our country. Moreover, the recently established Jana Sabha appears to be a promising initiative. However, it appears that the establishment of Jana Sabhas has slowed down. Could you provide some insight on this matter?

President’s response:
The Jana Sabha initiative is indeed commendable. Currently, only a few have been initiated on a trial basis. It’s crucial that the public conducts themselves in a manner that avoids complications during the formalization of public gatherings. There are several challenges to address, such as the selection of members. It is imperative that we engage in discussions with the Ministry of Local Government to resolve these issues before proceeding further. If it’s not feasible to address these challenges this year, we aim to restart the Jana Sabha initiative next year.

Question:
We have observed shortcomings in the provision of ‘Aswesuma’ benefits. We aspire for all impoverished families to receive these benefits.

President’s response:
The government has initiated measures to address these deficiencies, particularly by scrutinizing eligibility criteria for providing such benefits. Plans are underway to computerize this program by 2025, aiming to extend these benefits to 2.4 million families. The Aswesuma program was launched to provide assistance to all disadvantaged individuals across the country.

Question:
There are insufficient job opportunities for young individuals who have completed vocational training. Could you please elaborate on the steps taken regarding these trainees?

President’s response:
Amidst the economic crisis, some individuals unfortunately lost their jobs. However, the country is gradually emerging from this financial turmoil. Particularly with the expansion of investment opportunities, numerous new job openings are being generated.

Labour and Foreign Employment Minister Manusha Nanayakkara, State Ministers Lohan Ratwatte, Anuradha Jayaratne, Senior Advisor to the President on National Security and Chief of Presidential Staff Sagala Ratnayake, UNP General Secretary Palitha Range Bandara, former MP K.K. Piyadasa, and United National Party’s Chairman Lakvanitha Peramuna Shanthini Kongahage attended the event.



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Our goal is to build a “Thriving Nation” where a woman can walk without fear or doubt, where her talents are duly recognized, and where she can lead a life of dignity – PM

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Prime Minister Dr Harini Amarsooriya in her message on International Women’s Day 2026 says that the governments goal is to build a Thriving Nation where a woman can walk without fear or doubt, where her  talents are duly recognized, and where she can lead a life of dignity.

The PM’s message:

“I extend my greetings to all sisters and daughters in Sri Lanka and around the globe on the occasion of International Women’s Day.This year, the United Nations has declared the global theme for International Women’s Day as “Rights. Justice. Action. For ALL Women and Girls,” emphasizing the realization of rights, the delivery of justice, and meaningful action for all women and girls.

Women are the true pillar of Sri Lankan society and economy. The role they play within the family and in society has today become a decisive factor in shaping the future of our nation. Through the Government’s policy statement, “A Thriving Nation – A Beautiful Life,” we envision going beyond treating women as mere beneficiaries and recognizing them as active partners in national development, ensuring that they receive the dignity and opportunities they rightfully deserve.

Within our policy framework, special focus has been placed on women. We are committed to recognizing the economic contribution extended by women as housewives, promoting women’s entrepreneurship, and expanding access to the technical and financial support necessary for self-employment alongside strengthening the legal framework required to ensure women’s safety in public transport, workplaces, and within the family environment. Further, we are taking steps to create the environment to increase women’s representation in decision-making bodies at national and regional levels. Special attention is also being given to implementing targeted programmes aimed at improving women’s nutrition, reproductive health, and mental well-being.

Women are not a group seeking sympathy; they are vital social partners endowed with intelligence, resilience, and creativity. Our goal is to build a “Thriving Nation” where a woman can walk without fear or doubt, where her talents are duly recognized, and where she can lead a life of dignity

On this International Women’s Day, I sincerely hope that it marks the beginning of a new era in which the aspirations of all women in our country are realized as they shine before the world.

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Heat Index at Caution Level in the Sabaragamuwa, North-western and North-central provinces and in Colombo, Gampaha, Vavuniya, Mannar, Hambantota and Monaragala districts

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Warm Weather Advisory issued by the Natural Hazards Early Warning Centre of the Department of Meteorology  at 3.30 p.m. on 07 March 2026, valid for 08 March 2026.

Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Sabaragamuwa, North-western and North-central provinces and in Colombo, Gampaha, Vavuniya, Mannar, Hambantota and Monaragala districts

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED

Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.

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Lanka tea industry may lose $ 10-15 mn per week from ME war

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The ongoing military conflict in the Middle East has adversely impacted on the Sri Lankan tea industry as the exporters are unable to supply tea to the region. The exporters estimate the revenue loss at about $ 10-15 million per week. The exporters have orders in hand for supply of tea and it is the logistical issues and war risk preventing them fulfilling such orders, the Tea Exporters Association (TEA) said in a statement.

“In order to mitigate the impact on the industry, the tea industry has jointly requested the government to support it in addressing the cash flow issue and consider absorbing a part of the additional freight and insurance charges. It has also requested government intervention to obtain the balance payment of about $ 50 million due on tea shipments already made to Iran under the barter deal,” TEA said on Friday.

The statement said approximately 52% of Sri Lanka’s tea exports reach the affected region mainly coming from the low grown area of the country dominated by tea smallholder farmers. According to 2025 tea export statistics, about 125 million kilograms of Ceylon tea were exported to the Middle East, with an estimated value of USD 750 million. The major importing countries of Ceylon Tea in the region include Iraq, Iran, Libya, Turkey, Saudi Arabia, Syria, and the United Arab Emirates. Though Libya and Turkey can be reached via Africa, the exorbitant freight charges have prevented the buyers in those countries from importing tea at the moment.

The supply routes to Middle East countries go via Strait of Hormuz and Red sea Suez Canal. Although there is no blockade on Suez Canal, due to the war risk both channels are currently not used by the major shipping lines. The tea exports to the region have almost come to a standstill due to the following reasons:

=All major shipping lines suspended their services to the region immediately after the outbreak of the conflict.

=Several seaports in the region were temporarily closed during the initial stages.

= Although a few shipping lines resumed limited operations from March 4, freight charges have

increased significantly by approximately USD 1,800 for a 20’ container and USD 3,000 for a 40’ container.

= Existing insurance coverage obtained by exporters is no longer valid.

=There is a lack of regular and scheduled vessels operating from Colombo to Middle Eastern destinations.

The tea exporters are experiencing serious cash flow constraints, as payments for shipments already

dispatched have been delayed due to the unsettled situation in the region. This has restricted exporters’

buying capacity and that was evident at this week’s tea auction, where overall prices declined by about Rs. 50/ per kg while low grown tea prices declined by about Rs. 75/ per kg.

If the situation continues for few more weeks it will have a serious impact on the tea auction as buyers may curtail the purchase of tea if the outward movements are restricted. This could directly impact on the income of the tea smallholder farmers.

In January 2026, the country earned $ 121.8 million from tea exports compared to $ 112.7 million in January 2025 (a 5% increase). The figures for February 2026 are not yet available but should be either similar to last year or higher. The disruption to tea exports in March will certainly affect the volume and value of the exports though the exact amounts cannot be estimated at this point.

According to the available data Sri Lanka has settled about 95% of its debt to Iran by supplying tea to Iran under the Tea for Oil mechanism. Even if the military conflict comes to an end, Sri Lanka will find it difficult to continue to supply tea to Iran unless a new mechanism is introduced. Under the prevailing US sanctions on Iran, the exporters may not be able to supply tea to Iran outside the barter system. Iran purchases about 11 million kg of tea from Sri Lanka annually under the barter deal.

The situation was discussed with the Minister of Plantation & Community Infrastructure at a meeting held on March 4, 2026.

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