Repo facility with US Fed amidst diminishing exports big risk
Militarisation of public administration system will not be permitted
by Zacki Jabbar
Former Prime Minister and leader of the UNP Ranil Wickremesinghe is hoping there will be a high voter turnout at the forthcoming general election, which, he believes, will prove advantageous to the UNP.
“The higher the number of votes cast, the better for the UNP,” Wickremesinghe said in an interview with The Island, while travelling across the country to address a series of public meetings.
Asked how the UNP would perform with the Samagi Jana Balawegaya vying for a share of its vote base he said, “We are the largest party. It all depends on how many come to vote. No party is sure of that. If there is no fear of the Coronavirus, more people will go to the polling booths. We hope a large number of persons would cast their votes. The higher the percentage, the better for the UNP.”
Wickremesinghe said the people, in a short period of eight months, had got fed up with the Gotabaya Rajapaksa administration, due to the problems they were facing on many fronts including the home economy, as a direct result of leaders in what he called the Family Party––Podujana Peramuna, pulling in different directions.
The government had since last November been unable to secure any tangible international assistance, having isolated itself on the world stage due to the lack of an economic vision and plan, the UNP leader said. It is only the UNP that has a track record of raising the required finances through developing international relations. Economic mismanagement by the Gotabaya Rajapaksa government was the main cause for the suffering people were undergoing and not the Coronavirus pandemic, the UNP leader stressed.
The politicisation or militarisation of the public administration system would not be permitted under a UNP government, Wickremesinghe said when asked about the appointment of Special Task Forces packed with former military officers to run the government. The recent practice of delegating functions of the Police to the military would also be stopped and the military given its rightful role.
Q: How do you see the governments decision to pledge USD 1 billion worth of US Treasury Bonds held by the Central Bank and enter into a repo facility with the US Federal Reserve ?
A: It is illegal without parliamentary approval. Parliament is vested with the control of public finances. The monetary law does not make specific arrangements for this repurchase agreement. The government should explain the need for such an arrangement, how it would be repurchased and what would happen if Sri Lanka defaulted. How does a country with a shortage of USD 7 billion in export earnings repay over USD 1 billion to recover the pledged U.S securities. In this scenario the possibility of default is extremely high, with the country facing the likelihood of losing ownership of the assets pledged. Meanwhile, the MCC agreement has been finalised. The government has a duty to reveal the truth prior to the General Election.
Wickremesinghe said that new laws would be introduced to help protect businesses from bankruptcy due to lockdown caused by COVID-19 and steps taken to ensure that every citizen was able to own a piece of land and a home. It is estimated that the population of the Indian Ocean region would increase by 500 million by 2050. Our long-term goal for Sri Lanka’s agriculture sector is to see the county being positioned to produce the food requirement of the region. Local agriculture will be strengthened to ensure we are modernized and competitive on the global stage.
The UNP has always worked with the intention of developing the country as an operational hub in the Indian Ocean region. It will be with this plan in our sights that Colombo will be transformed into a financial centre, for which, legislation on financial cities will be enacted, he explained.
Highlighting the importance of ethics, Wickremesinghe said that a Parliamentary Standards Act would be enacted to ensure that Members of Parliament and Ministers were governed by a Parliamentary code of ethics. An independent commissioner to ensure the high standards of the legislature would be appointed to inquire into complaints made against parliamentarians.
“In order to minimise the level of corruption – a by-product of the existing Parliamentary electoral system, we will abolish the preferential voting system and replace it with a mechanism that will be a mixture of the proportional representation system and the first past-the-post system to elect members to the 225 seats in Parliament. Laws will also be introduced to control and limit the expenditure of politicians and political parties during election time. Similar laws that exist in the United Kingdom and other countries will be taken into account when formulating the relevant legislation.”
Explaining measures that would be taken to overcome the Corona virus challenge, the UNP leader said steps would be taken to prevent an economic downfall by implementing measures to revitalise the economy. The government’s attention would also be focused on minimising the adverse economic impact a second or third wave of the COVID-19 pandemic could have on the country.
“5,000 PCR tests will be carried out daily. At least 10 million facemasks will be provided to schools, higher education institutions and other such facilities.2,000 ventilators will be purchased for hospitals.”
Wickremesinghe says that under a new programme a special compensation payment would be made to any worker who died while engaged in battling COVID-19. Such individuals will be offered the same facilities offered to military personnel killed during the war. Personal Protection Emergency kits will be made freely available. The number of ICU beds will be increased. A special laboratory to conduct tests on diseases will be established and the Public Health (Emergency) Act will be enacted to legalize lockdown mechanisms and provide the required powers for disease control.
Asked what his government which served four and a half years had achieved, the UNP leader said that period had been marked by economic prosperity and strengthening of democracy by introducing independent judicial, police, elections, anti corruption, human rights and media commissions amongst others.
Wickremesinghe pledged to build on the economic achievements of his government such as improved relations with global superpowers, regained GSP+ resulting in concessionary duty for 6600 export items, increased import earnings by 35 percent by negotiating to lift the ban on fish imports to the European Union, enabling the country to pay off debts by working with Development Banks, enabling better fiscal management, ensuring the timely repayment of debt to avoid rollover risk, regained Sri Lanka’s sovereignty over the Colombo Port City by converting freehold rights given to China by the Rajapaksa government into a leasehold agreement, transformed the Hambantota Port from a failure to a sustainable venture, free trade agreements to strengthen access to export markets, increased tourist arrivals to over two million by establishing the country as a safe destination, powered the boom of the tourist industry by increasing rooms by 30 percent, oversaw Sri Lanka being named best destination” by Lonely Planet. Steered Sri Lanka to be graded as an upper middle-income country, achieved a Primary Surplus for the first time since 1954, powered the highest ever direct investment in 2018 and ensured good governance and transparency.
He also promised to build on the last UNP-led government’s contribution to strengthening democracy such as curtailing the powers of the Executive President by the 19th Amendment to the Constitution, which included reducing the maximum term limit of the incumbent to two terms, ensuring that suitable persons were appointed to high posts by establishing the Constitutional Council and establishment of the various Independent Commissions that ensured the independence of the judiciary, free and fair elections, restoring the independence of the State sector, ending political interference in the Police service, withstanding the Constitutional coup and restoring the supremacy of Parliament, challenging the President’s right to dismiss a Prime Minister elected by Parliament, successfully challenging the Presidents right to unlawfully dissolve Parliament, introducing the Right to Information Act improving transparency, establishing the rule of law, whereby politicians and their families were subject to investigation, granting citizens the right to protest and voice their opinions, ensure media freedom with no journalist being killed or made to disappear as happened under the previous Rajapaksa government. A future UNP administration would rectify this tragedy as well, he stressed.
The UNP leader said that Sri Lanka was faced with the gravest economic crisis since independence and it was only the UNP that had the vision, a plan and the capability to address the present crisis, protect the people and the country, safeguard the nation and ensure a prosperous future. “We have a proven track record time and again undoing economic mismanagement by others and reviving our economy. In 1977, 2001, 2015 and again in 2019 after the Easter Sunday attacks, it was the UNP that led the country’s economies recover.
“It is estimated that Sri Lanka will lose USD 7 billion in foreign revenue this year having to pay USD 3 billion for debt servicing. We have revealed the need for USD 6 billion for the next two years of which USD 3 billion is required immediately. Many countries have already received international assistance to fund their immediate financial requirements. Countries like Pakistan, Nepal, Bangladesh, Myanmar, Afghanistan, Maldives, Egypt and Kenya have begun the process of securing financial support from the International Monetary Fund. We will raise US$ 6 billion utilising the assistance of the IMF and other financial sources including friendly governments.
(Continued on page 6)
I usually end up totally exhausted when I finish reading the local newspapers from the Pearl. There are so many burning questions and so much is written about them but there are no conclusions and definitely no answers. For example, we seem to have three burning issues right now and this is not in order of importance.
We have a lengthy report that has been published on the Easter Sunday carnage. Everybody knows what I am talking about. However, no one, be it an editor, a paid journalist or a single one of the many amateurs who write to the papers, has reached a conclusion or even expressed an opinion as to who was responsible. At least not a believable one! Surely there are energetic and committed young people in the field of journalism today who, if asked, or directed properly will go out and find a source that would give them at least a credible hypothesis? Or do conclusions exist and has no one the courage to publish them?
At least interview the authors or should I use the word perpetrators of that report. If they refuse to be interviewed ask them why and publish an item every day asking them why! Once you get a hold of them, cross-examine them, trap them into admissions and have no mercy. It is usually geriatrics who write these reports in the Pearl and surely a bright young journalist can catch them out with a smart question or two, or at least show us that they tried? The future of the country depends on it!
We have allegations of contaminated coconut oil been imported. These are very serious allegations and could lead to much harm to the general populace. Do you really believe that no one can find out who the importers are and what brands they sell their products under? In this the Pearl, where everyone has a price, you mean to say that if a keen young journalist was given the correct ammunition (and I don’t mean 45 calibres) and sent out on a specific message, he or she couldn’t get the information required?
We are told that a massive amount of money has been printed over the last few months. There is only speculation as to the sums involved and even more speculation as to what this means to the people of the Pearl. Surely, there are records, probably guarded by extremely lowly paid government servants. I am not condoning bribery but there is nothing left to condone, is there? There are peons in government ministries who will gladly slip you the details if you are committed enough and if you are sent there to get it by a boss who will stand by you and refuse to disclose his sources.
I put it to you, dear readers, that we do not have enough professional, committed and adequately funded news organisations in the country. We can straightaway discount the government-owned joints. We can also largely discount those being run by magnates for personal gain and on personal agendas. As far as the Internet goes, we can forget about those that specialise in speculative and sensationalist untruths, what are we left with O denizens of the Pearl? Are there enough sources of news that you would consider willing to investigate a matter and risk of life and limb and expose the culprits for the greater good of society? Can they be counted even on the fingers of one hand?
In this era when we have useless political leaders, when law and order are non-existent when the police force is a joke, it is time the fourth estate stepped up to the mark! I am sure we have the personnel; it is the commitment from the top and by this, I mean funding and the willingness to risk life and limb, that we lack. Governments over the last few decades have done their best to intimidate the press and systematically destroy any news outlet that tried to buck the usual sycophantic behaviour that is expected from them by those holding absolute power.
Do you think Richard Nixon would ever have been impeached if not for the Watergate reporting? Donald Trump partially owes his defeat to the unrelenting campaign carried out against him by the “fake news” outlets that he tried to denigrate. Trump took on too much. The fourth estate of America is too strong and too powerful to destroy in a head-to-head battle and even the most powerful man in the world, lost. Let’s not go into the merits and demerits of the victor as this is open to debate.
Now, do we have anything like that in the Pearl? Surely, with 20 million-plus “literate” people, we should? We should have over 70 years of independence built up the Fourth Estate to be proud of. One that would, if it stood strong and didn’t waver and collapse under pressure from the rulers, have ensured a better situation for our land. Here is Aotearoa with just five million people, we have journalists who keep holding the government to account. They are well-funded by newspapers and TV networks with audiences that are only a fraction of what is available in the Pearl. Some of the matters they highlight often bring a smirk of derision to my face for such matters wouldn’t even warrant one single line of newsprint, should they happen in the Pearl.
Talking of intimidation from the rulers, most of us are familiar with the nationalisation of the press, the murder and torture of journalists, the burning of presses to insidious laws been passed to curtail the activities of Journalism. These things have happened in other countries, too, but the people and press have been stronger, and they have prevailed. We are at a watershed, an absolutely crucial time. It is now that our last few credible news sources should lift their game. Give us carefully researched and accurate reports with specific conclusions, not generalisations. Refuse to disclose your sources as is your right, especially now that the myopic eye of the UNHCR is turned in our direction.
All other ways and means of saving our beloved motherland, be it government, religion, sources of law and order and even civil society leadership seems to have lapsed into the realm of theory and rhetoric. Our last chance lies with the Fourth Esate and all it stands for. I call for, nay BEG for, a favourable reaction from those decision-makers in that field, who have enough credibility left in society, DON’T LET US DOWN NOW!
The world sees ugly side of our beauty pageants
Yes, it’s still the talk-of-the-town…not only here, but the world over – the fracas that took place at a recently held beauty pageant, in Colombo.
It’s not surprising that the local beauty scene has hit a new low because, in the past, there have been many unpleasant happenings taking place at these so-called beauty pageants.
On several occasions I have, in my articles, mentioned that the state, or some responsible authority, should step in and monitor these events – lay down rules and guidelines, and make sure that everything is above board.
My suggestions, obviously, have fallen on deaf ears, and this is the end result – our beauty pageants have become the laughing stock the world over; talk show hosts are creating scenes, connected with the recent incidents, to amuse their audience.
Australians had the opportunity of enjoying this scenario, so did folks in Canada – via talk show hosts, discussing our issue, and bringing a lot of fun, and laughter, into their discussions!
Many believe that some of these pageants are put together, by individuals…solely to project their image, or to make money, or to have fun with the participants.
And, there are also pageants, I’m told, where the winner is picked in advance…for various reasons, and the finals are just a camouflage. Yes, and rigging, too, takes place.
I was witnessed to one such incident where I was invited to be a judge for the Talent section of a beauty contest.
There were three judges, including me, and while we were engrossed in what we were assigned to do, I suddenly realised that one of the contestants was known to me…as a good dancer.
But, here’s the catch! Her number didn’t tally with the name on the scoresheet, given to the judges.
When I brought this to the notice of the organiser, her sheepish reply was that these contestants would have switched numbers in the dressing room.
Come on, they are no babes!
On another occasion, an organiser collected money from the mother of a contestant, promising to send her daughter for the finals, in the Philippines.
It never happened and she had lots of excuses not to return the money, until a police entry was made.
Still another episode occurred, at one of these so-called pageants, where the organiser promised to make a certain contestant the winner…for obvious reasons.
The judges smelt something fishy and made certain that their scoresheets were not tampered with, and their choice was crowned the winner.
The contestant, who was promised the crown, went onto a frenzy, with the organiser being manhandled.
I’m also told there are organisers who promise contestants the crown if they could part with a very high fee (Rs.500,000 and above!), and also pay for their air ticket.
Some even ask would-be contestants to check out sponsors, on behalf of the organisers. One wonders what that would entail!
Right now, in spite of the pandemic, that is crippling the whole world, we are going ahead with beauty pageants…for whose benefit!
Are the organisers adhering to the Covid-19 health guidelines? No way. Every rule is disregarded.
The recently-held contest saw the contestants, on the move, for workshops, etc., with no face masks, and no social distancing.
They were even seen in an open double-decker bus, checking out the city of Colombo…with NO FACE MASKS.
Perhaps, the instructions given by Police Spokesman DIG Ajith Rohana, and Army Commander, General Shavendra Silva, mean nothing to the organisers of these beauty pageants…in this pandemic setting.
My sincere advice to those who are keen to participate in such events is to check, and double check. Or else, you will end up being deceived…wasting your money, time, and energy.
For the record, when it comes to international beauty pageants for women, Miss World, Miss Universe, Miss Earth and Miss International are the four titles which reign supreme.
In pageantry, these competitions are referred to as the ‘Big Four.’
Better use of vanity projects; Cass apologises, and New Year graciousness
A wise one, with the interests of the country at heart, calling himself ‘A Member of the Silent Majority’, wrote in The Island of Friday, April 9, offering an excellent solution for the better and genuine use of the Mattala Mahinda Rajapaksa International Airport which was built at a stupendous cost to both the Treasury, and wildlife abundant in the area, to satisfy an ego and sycophants’ cries of Hail to the King. Even sans Covid and lockdowns and shut downs of airports, the Mattala Airport was a white elephant, endangering and displacing the black elephants, roaming along their familiar corridors; receiving such few airplanes. Thus, as the writer Cass mentions says, convert the airport to a super hotel with excellent and sure-fire access to wildlife watching, like referred to hotels in Kenya and elsewhere. Yes, it will definitely be a bigger money earner than an airport waiting for a plane to land. Expensive equipment going rusty could be transferred to smaller airports being developed all over the island. There was such a hue and cry when storerooms, within the deserted airport, were used for paddy storage, but not even a whimper of concerted protest when the vanity projects were being built. We also heard that on the rare occasions a plane was to land/take off, peacocks in the area were shot at to prevent them flying into the planes. Aney, what a sin, just to have a name on a nameboard! Use the Suriyawewa Cricket Stadium too for a better purpose and less costly to water and maintain green in near desert climate conditions. What about a residential training institute for youth, perhaps in small industries? If the king-sized ego demands the name be present, OK, leave it. What’s in a name?
Any matter, financial or economic, with benefit to country buttressing it – refer to Dr Harsha de Silva and Eran Wickremaratne. Likewise, anything pertaining to fauna, flora and preservation of natural habitats ask Devani Jayathilake. Cassandra would give two years of her life (she does not have 10 left, she suspects) to know what the answers of the three wise and sincere ones mentioned would be to the proposal to convert the Mattala Airport, oops sorry – Mattala Mahinda Rajapaksa International Airport – to a 7 star hotel for wildlife watching and then tourists proceeding to Yala and other places that were touted to be reached easier if planes brimful of tourists, landed in Mattala. Pipe dream even sans Covid-19.
The thought of the millions, nay billions, our country was indebted to China to construct these vanity projects aka white elephants of the Rajapaksa fiefdom sends Cass’s blood racing in her contracting veins. And now another hair-brained scheme is being exposed, not new but re-exposed: that of the stupendous amount sent direct from the Central Bank with no nod, as reported, from the then Cabinet or Parliament, to an American-resident con-man to improve our appearance on the world stage or at least American stage. My word!! Cosmetics of creams and colours and such like can improve the face of an already beautiful woman. But a country that was once beautiful, glorified, accepted internationally and then politician-spoilt, cannot be redeemed by PR work, however expensively. Nivard Cabraal was the then Govenor of the CB. Of course, as every Banda, Singho and their women say, nothing will come of this. Powerful political sweeping under the carpet in the presence of cardboard administrators and sycophantic hosanna singers, makes the matter disappear and not merely hides it. Unless of course there are enough intrepid outers-of-truths and persistent protestors, brave and national minded enough to continuously tease the matter like a cat its caught rat. Ranjan is locked away in hard labour for four solid years, losing his Parliamentary seat for misusing the gift of his gab, while convicted murderers of the right colour attend Parliament, escorted and all.
To the reigning Mrs World, Mrs Caroline Jurie, for crowning, uncrowning and recrowning of the winner of the recent Mrs Sri Lanka contest. Caroline Jurie took this stride because the winning contestant was four years on the way to being a divorcee, which status forbids a woman from attempting to wear the crown of Mrs…. (country) with a view to becoming Mrs World. This title and honour is bestowed on a woman who promotes, holds sacred the institution of marriage and is a married woman. Cass castigated Caroline Jurie without knowing then the fact that Jurie had protested about this candidate being considered due to her impending divorce; and allowed to contest. She said she withdrew from the panel of judges since her point was not taken by the others. WHY is the Q. Easy to answer. The new beauty queen of shaky married status was a loud speaker in favour of Presidential Candidate Gotabaya R in Polonnaruwa (captured on social media) and probably spoke on stages for SLPP Parliamentary candidates. So of course she was slated to win; vision impaired over rules and future probabilities, She has her height – one advantage. Beauty can always be dexterously rubbed and painted in. But honesty is important and cannot be cloned or grafted in.
Cass now definitely faults the new Mrs Sri Lanka. She should not have contested, having her papers sent in for divorce and not retracted. What happens when she wins the divorce (or her husband wins it, however the divorce was first mooted). Another local contest? And if the divorce was still pending and she went overseas at great expense and won THE crown or a lesser one. To be returned forthwith when she has to remove the present gold band from her third finger, which probably she has already removed but hastily wore for the contest and when preparing for it? This is why Cass avows that many young women particularly, are so very selfish and forward and uppity and even dishonest now. In Cass’ time and even a decade or two later, a girl would never do what this new beauty has done, flipped aside a core rule and necessity of the contest, just to win by honest means or foul. Way the country’s going, my friend.
Post – Aluth Avurudhu
Cassandra is stuffed gill-high with kavun, aluwa and crunchy kokis, preceded by kiributh and lunumiris. She is fending for herself because a dip in Covid numbers and having had the jab, her domestic wished to enjoy a family new year having missed the last one, locked down as we were. Cass made her own kiributh – tasting somewhat like it should, but the sweets were all gifted her. So, also the offers of help, sleep-ins at others’ homes and solicitous frequent inquiries of ‘how are you?’ Kind and gracious relatives and friends, acquaintances too are thanked; and the most appreciated being neighbouring kitchen helps and care givers. Three-wheeler drivers who spin Cass around on errands too make enquiries. And thus her thoughts when resuming work at the nekath time and word processing this article. Sri Lankans are such good people: kind, caring, willing to share and genuine. And then specters themselves on this very sunny landscape: the dishonest, selfish, revengeful and disgraceful. Shrug them off, clear the mental picture and pronounce thank goodness for goodness around.
May all of us (decent people) have a very good year to follow today –Subha Aluth Avuruddhak!
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