Connect with us

News

Ranil’s manifesto in line with IMF formula

Published

on

President Ranil Wickremesinghe yesterday (29) reiterated his commitment to the IMF formula meant to ensure the proper and agreed implementation of the post-Aragalaya economic recovery.

In his presidential election manifesto, President Wickremesinghe, who contests as an independent candidate has said that whatever the other candidates said, the country couldn’t under any circumstances deviate from the IMF programme or agreement with China.

Among the key conditions laid down by the IMF/Official Creditor Committee co-chaired by France, India, and Japan as well as China were the prohibition of printing of money to bridge the budget deficit and maintenance of funds allocated for social security, the President said.

President Wickremesinghe said: “We have agreements in place—let’s follow them and continue on this path.

“This publication is based on the agreements between Sri Lanka and the International Monetary Fund (IMF), as well as with the 17 countries of the Official Creditors Committee, including China, the IMF, the World Bank, and the Asian Development Bank (ADB). We must operate within the framework of these agreements.

“I would like to ask the other candidates if they are prepared to act within this framework and if they are willing to implement these agreements without any amendments.”

President Wickremesinghe launched his manifesto at the Taj Samudra yesterday.

President Wickremesinghe said that the economy would be built on the foundation of four newly introduced Acts namely Central Bank Act, Public Finance Management Act, Public Debt Management Act No 33 of 2024 and Economic Transformation Act. He expressed confidence that the ongoing project was meant to achieve the country’s economic targets by 2048 though the manifesto essentially dealt with the next five years.

President Wickremesinghe assured that every citizen would be given the opportunity to own a plot of land and/or house.

In terms of ‘Urumaya’ project, the President promised continuation of the project till the completion of the issuance of 2 mn plots of land and complete the transfer of government-owned low cost housing units to the public within a period of four years.

President Wickremesinghe assured that the government’s dependence on EPF and ETF would be significantly reduced to pave the way for better investment opportunities both here and abroad.

The UNP leader’s manifesto dealt with all sectors including a comprehensive plan to enhance local milk production capacity, tourism, health sector, electricity and export processing zones.

Wickremesinghe identified special projects for the Northern and Eastern provinces as well as the upcountry region.

Commenting on the challenge posed by corruption, President proposed a series of measures to tackle waste, corruption and irregularities and the full implementation of laws now in place to curb bribery and corruption.

The President also promised to disclose the list of companies that received tax relief.

He repeated that the basic salary of public service employees would be increased by a minimum of 24% for primary-level service categories. For all government officials, salaries would be gradually increased from an average of 24% to 50%, depending on current fiscal feasibility, the manifesto announced.

A cost of living allowance of Rs. 25,000 would remain unchanged for three years and be provided to all government employees for three consecutive years, starting from January 2025, with 2025 being considered the base year, the manifesto announced.

The President declared 100,000 new jobs would be created next year. He explained how he intended to achieve that target with the support growing foreign and local investments.

President Wickremesinghe made a series of proposals to address the grievances of those who fought for the LTTE and issues related to the full implementation of the 13th Amendment to the Constitution. The President declared that the next parliament would be granted the power to deal with the granting of police powers to Provincial Councils. Similarly, the parliament would implement a programme to introduce a new electoral system in line with the recommendations made by the Priyasath Dep Committee.



Latest News

70,297 persons still in safety centers

Published

on

By

The Situation Report issued by the Disaster Management Center at 06:00AM on 16th December 2025 shows that 70,297 persons belonging to 22,338 house holds are still being housed at 731 safety centers established by the government.

The number of deaths due to the recent disastrous weather  stands at 643 while 183 persons are missing.

Continue Reading

News

MEPA to crack down on marine polluters

Published

on

… Warns would-be polluters of criminal prosecution, hefty fines and even blacklisting

The Marine Environment Protection Authority (MEPA) has warned that ship owners, operators and local entities responsible for marine pollution will face criminal prosecution, heavy financial penalties and possible blacklisting, MEPA Chairman Samantha Gunasekera said yesterday.

Gunasekera told The Island that Sri Lanka would no longer tolerate negligence and regulatory breaches that threaten the country’s marine ecosystems, coastal livelihoods and national economy.

“Any party that pollutes our seas—whether foreign vessels or local operators—should be prepared to face the full force of the law,” Gunasekera said. “There will be no room for excuses, delays or backdoor negotiations when marine pollution is involved.”

He said MEPA has intensified surveillance of major shipping routes, ports and environmentally sensitive zones amid rising maritime traffic through Sri Lankan waters, which remain among the busiest in the Indian Ocean.

by Ifham Nizam

Continue Reading

News

SC delegation, headed by CJ Surasena, observes Indian Supreme Court in action

Published

on

A 10-member delegation from Sri Lanka’s Supreme Court, headed by Chief Justice P. Padman Surasena, with Indian judicial officials

A 10-member delegation from Sri Lanka’s Supreme Court, headed by Chief Justice P. Padman Surasena, departed to New Delhi on the 11th of December, 2025, for an official visit to the Supreme Court of India as part of the ongoing official visit by the delegation to India.

The group was accorded a ceremonial welcome in the Court’s main hall, led by the Chief Justice of India (CJI) Surya Kant. CJI Kant told the assembled Judges that “the Indian judiciary was honoured to host” their Sri Lankan counterparts, expressing hope that the visit would be “meaningful and very constructive” and underscoring the “close emotional bonds” between the two countries.

The focal point of the programme was a special sitting of the Supreme Court. Chief Justice Surasena joined CJI Kant and Justice Joymalya Bagchi on the bench, presiding over the Court as a guest Justice. He was accompanied by nine other Supreme Court justices from Sri Lanka, who took seats in the well of CJI Kant’s courtroom to observe the day’s proceedings.

Supreme Court Bar Association President Vikas Singh formally greeted the delegation and praised Justice Surasena’s reformist efforts. Singh recalled the Sri Lankan Chief Justice’s own maxim, “If you want something you have never had, then you have got to do something you have never done”, highlighting the bold changes Surasena had introduced to modernise Sri Lanka’s Court system. Singh noted that these initiatives, particularly court digitization, were aimed at eradicating “the persisting problems of law delays” and streamlining case backlogs.

The Sri Lankan Judges spent the morning observing live Supreme Court proceedings in CJI Kant’s courtroom. This first-hand exposure to Indian court operations formed a key part of the programme’s judicial engagement. During the hour-long session, the visiting justices witnessed a range of cases on the Supreme Court’s roster, with Justice Surasena and the delegation following arguments from the front. The experience was designed to be immersive and following the hearing the Sri Lankan Judges were briefed on India’s own initiatives towards a digitalised court system, e-filing and case management systems.

The official programme then shifted to capacity-building and information exchange. In the early afternoon, Indian Supreme Court officials gave the Sri Lankan delegation detailed briefings on India’s technological initiatives. Court registrars demonstrated the e-filing system and other e-initiatives implemented by the Supreme Court of India. Additional presentations outlined the Court’s new case management systems and administrative reforms. These sessions highlighted how digital tools and better case-listing procedures have been used in India to increase efficiency. The Sri Lankan judges asked questions about India’s experience with electronic court records and the integration of technology in daily judicial work, reflecting their own interest in similar reforms back home.

The visit underscored the growing collaboration between the Indian and Sri Lankan judiciaries. Throughout the proceedings, both sides emphasised their shared legal traditions and mutual respect. As Chief Justice Surasena noted during the sitting, India is Sri Lanka’s “closest neighbour,” and historic links, even dating back to ancient epics, form the backdrop for today’s judicial dialogue. CJI Kant remarked that having the chief justices of two vibrant democracies together on the bench was a “significant moment” for the rule of law.

The Sri Lankan delegation continued its programme in Delhi on 12 December with a visit to the Delhi High Court and its International Arbitration and Mediation Centres. The exchange visit is expected to deepen judicial cooperation and provide practical insights for both courts. Officials on both sides say the engagement aimed at sharing best practices in court administration, reinforce legal ties and support ongoing reforms aimed at reducing case backlogs and delays.

Continue Reading

Trending