Editorial
Seeyanomics, rhetoric and reality

Monday 23rd December, 2024
The much-awaited good news has come at last. On Friday, Fitch Ratings upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’, from ‘RD’ (Restricted Default). Heartening as this positive development is, it by no means indicates that the Sri Lankan economy is out of the woods yet; what it signifies is that the economic crisis management measures are yielding desired results, but there is much more to be done for full recovery to be achieved.
Sri Lanka’s bankruptcy was an orphan, but the rating increase has many fathers, including the NPP leaders, who try to justify their inability to find immediate solutions to other burning issues such as the escalating prices of rice and coconuts by claiming that ‘children are not born immediately after honeymoons’.
Sri Lanka’s rating improvement is no mean achievement, and the credit for it should go to the ordinary people, who have been bearing untold hardships in the name of economic recovery, the IMF, other lending institutions, the countries such as India, which granted much-needed loans for the procurement of essentials to prevent this country from descending into anarchy, the officials of the Finance Ministry and the Central Bank, and former President Ranil Wickremesinghe, who had the courage to adopt unpopular yet essential measures to tackle the economic crisis.
Ironically, the amount of Sri Lanka’s foreign debt which has been restructured is almost equal to what the UNP-led Yahapalana government borrowed, according to what ousted President Gotabaya Rajapaksa has said in his book, ‘The Conspiracy’ (p. 25). Rajapaksa says the UNP-led government (2015-2019) issued International Sovereign Bonds (ISBs) to the tune of USD 12 bn, and towards the end of 2019, the country’s outstanding ISBs amounted to about USD 15 bn, and its total foreign reserves were at USD 7. 6 bn whereas at the end of 2014, when the Mahinda Rajapaksa government collapsed, the outstanding ISBs totalled only USD 5 bn.
If so, one can argue that Wickremesinghe has only helped right a wrong the Yahapalana government committed. The JVP backed the UNP-UPFA coalition, which was on a borrowing spree, and propped up the UNP, after the UPFA’s breakaway in 2018, although the JVP leaders and Wickremesinghe are at daggers drawn at present.
The holier-than-thou SJB bigwigs were in the Yahapalana Cabinet, which was responsible for reckless borrowing. The TNA, the SLMC, etc., also supported the Yahapalana administration, especially the UNP. The SLPP bankrupted the economy. Thus, no party represented in the current Parliament can absolve itself of the blame for the country’s economic crisis.
The JVP-led NPP has stooped so low as to resort to ageism in a bid to ridicule Wickremesinghe; it calls him a seeya (grandpa) with his productive years behind him, but his ‘seeyanomics’ seems to have worked, and it is now up to the NPP leaders who consider themselves youthful, in spite of being in their 50s, 60s and 70s, to ensure that the current economic recovery process will stay on course.
What they as well as the Opposition must do is to stop playing politics with the ongoing bailout programme. Thankfully, the NPP has realised the gravity of the economic situation since its ascent to power and refrains from carrying out some of its election promises, the implementation of which would have caused a drastic drop in state revenue. But it will have to ensure that its relief programmes are properly targeted.
The Opposition, especially the SJB, should also act responsibly, without trying to earn brownie points with the public at the expense of the economic recovery efforts. It should stop pressuring the government to do things that are bound to entail heavy economic costs, such as haphazard tax cuts, huge pay hikes for the public sector workers and ad hoc relief measures.
That the NPP made a host of Machiavellian promises, while in opposition, to capture power is no reason why the SJB, etc., should try to make the incumbent government do what will stand in the way of economic recovery.
Meanwhile, the government has unveiled a proposal to effect PAYE tax reductions and increase the withholding tax (WHT) from 5% to 10%. It says those who receive less than Rs. 150,000 a month by way of interest income will not be affected by the WHT hike, but the proof of the pudding is said to be in the eating.
Now that the government has promised tax relief to professionals, it must ensure that the state employees who will benefit from the proposed PAYE reductions earn their keep by working diligently; they must be made to use biometric attendance marking systems like other workers, and their outputs should be regularly assessed.
Editorial
An election day thought

Tuesday 6th May, 2025
Elections to 339 local government (LG) institutions are set to take place today––at long last. The terms of the local councils, which were last elected in 2018, lapsed in 2022, but the then SLPP government extended them by one year. In 2023, President Ranil Wickremesinghe derailed the LG polls by refusing to allocate funds. A legal battle resulted in the Supreme Court ordering, last year, that the LG elections be held soon.
As many as 75,589 candidates are vying for 8,287 seats in local councils; there are 4,877 wards in all LG institutions. Having campaigned really hard, the main political parties claim to be confident of victory, but many councils are likely to be hung.
The LG polls are held under the mixed proportional system—60% of the councillors are elected on the ward basis under the first-past-the-post system; others are elected under the Proportional Representation system. The new electoral system has led to a two-fold increase in the number of local council members.
Sri Lanka has too many politicians and state employees, as is public knowledge. It is popularly said in this country that ‘if one kicks a wayside bush at random, more than a dozen politicians and state employees will jump out’. The ratio of state employees to citizens is 1:15. There are 225 MPs, 455 provincial councillors, and about 8,287 local council members. There is no fixed number of LG members; the number tends to increase due to the new electoral system, which allows for overhang seats––the LG members elected on the ward basis from a political party or an independent group in excess of its entitlement under the PR system.
It does not make sense to maintain so many elected people’s representatives at the national, provincial and grassroots levels.
The National List (NL), which provides for the appointment of 29 MPs on the basis of political parties’ or independent groups’ shares of the nationwide votes in parliamentary polls, has been abused all these years to appoint defeated candidates and others to Parliament. Some NL appointments even undermine the Constitution; political parties craftily use Section 64 (5) of the Parliamentary Elections Act No 1 of 1981, as amended in 1988, to fill NL vacancies which are engineered, in most cases, to circumvent Article 99A of the Constitution; thus, the persons of party leaders’ choice are appointed to Parliament via the NL. This sordid practice has severely eroded public trust in the electoral process. Successive governments have not cared to amend the Parliamentary Elections Act and the Constitution to prevent defeated candidates and others from being appointed as NL MPs, and therefore the NL mechanism should be done away with.
The Provincial Council (PC) system has become a white elephant, but successive governments have considered it a fait accompli due to Indian pressure. All nine PCs have functioned without elected representatives since 2017! Even the JVP, which is currently in power, as the main constituent of the NPP coalition, has bitten the bullet and chosen to ensure the perpetuation of the PC system, which it went all out to sabotage, albeit in vain, by unleashing mindless terror and destroying lives, in the late 1980s. Serious thought should be given to reducing the number of PC members.
The number of LG members must also be reduced drastically. Many local council wards can be merged, especially in urban areas.
There have been campaigns for controlling the populations of crop-raiding wild animals, such as monkeys. Curiously, no such effort has ever been made to reduce the number of people’s elected representatives, who cause far worse damage to the economy than all crop-depredating wildlife combined. The same goes for the ever-burgeoning public service, which has become a metaphor for inefficiency.
As for today’s election, every vote counts. Happy voting!
Editorial
Polls and power

Monday 5th May, 2025
The Election Commission (EC) has said that everything is ready for tomorrow’s local government (LG) polls. However, a trade union representing the Grama Niladharis (GNs), who play a crucial role in conducting elections, has complained that funds allocated for hiring generators to ensure an emergency power supply to counting centres, etc., are inadequate, and therefore those places may be left without back-up power systems tomorrow.
The GNs should not be held responsible if anything untoward happens in case of blackouts either due to technical defects or sabotage tomorrow, President of the United Grama Niladharis’ Association, Nanadana Ranasinghe, is reported to have said, demanding an explanation from the authorities concerned as to how such an emergency will be handled. He has asked whether they will use emergency lamps, candles or pandam (flambeaux) in the event of a power failure.
It is hoped that the government will not launch a witch-hunt against the GNs, and that the EC, etc., will act swiftly to solve the aforesaid problem. Nothing is so certain as power failures in this country, which experienced a countrywide power outage about three months ago.
We have witnessed numerous instances where governments led by the UNP and the SLFP resorted to barbaric violence and large-scale vote rigging to win elections; presidential polls in 1982 and 1988, under President J. R. Jayewardene’s watch, the 1989 parliamentary election under R. Premadasa’s presidency, and the 1999 North-Western Provincial Council election during President Chandrika Bandaranaike’s tenure stand out among them. The JVP has a history of trying to sabotage elections by unleashing mindless terror. In fact, it was the JVP’s terror campaign that enabled the then ruling UNP to stuff ballot boxes and win elections in 1988 and 1989.
Given Sri Lankan politicians’ tendency to manipulate elections, the possibility of governments resorting to electoral frauds to retain their hold on power in the future cannot be ruled out. Hence the pressing need for the EC to ensure that nothing is left to chance in its efforts to ensure free and fair elections.
One may recall that a power failure helped the UNP win a fiercely contested election in the early 1980s. President Jayewardene scrapped a general election which was due in 1982, for fear of losing his five-sixths majority in Parliament; he held a heavily-rigged referendum instead, undertaking to hold by-elections in the electorates where his government would lose. He had to hold 18 such by-elections in 1983; four of them were won by the Opposition in spite of large-scale rigging and violence unleashed by the UNP. Dinesh Gunawardena, Anil Moonesinghe, Richard Pathirana and Amarasiri Dodangoda won the Maharagama, Matugama, Akmeemana and Baddegama electorates, respectively. Violence and rigging enabled the UNP to win the other electorates, especially Mahara.
In Mahara, at the conclusion of the first round of counting, it became clear that SLFP candidate Vijaya Kumaratunga had won, but the UNP insisted on recounts, and then there occurred a blackout. When power was restored, UNP candidate Kamalawarna Jayakody had beaten Kumaratunga! The Opposition counting agents claimed that some election officials loyal to the UNP had literally swallowed dozens of votes polled by Vijaya, who had survived an attempt by the UNP to kill him in the run-up to the election.
Sri Lanka is no stranger to election malpractices although it has been free from them for some time. Anything is possible in high-stakes elections. It may be recalled that in 2020, the then US President Donald Trump claimed that his rivals had stolen America’s presidential election and engineered his defeat. So, a country like Sri Lanka has to take all possible precautions to ensure free and fair elections. Reliable back-up power systems must be available at all counting centres tomorrow.
History has a remarkable ability to repeat itself even after prolonged lapses; therein lies the rub. In a democracy, the integrity of elections must not be taken for granted. Constant vigilance is said to be the price of freedom.
Editorial
Rule of law takes hit on expressway

It is said that in times war laws fall silent. In Sri Lanka, this much-quoted Ciceronian aphorism seems to hold true even in peacetime when politicians in power, their family members and supporters happen to be on the wrong side of the law.
It was widely thought that last year’s regime change would bring about a radical change, and that unlike during past governments, the law would apply equally to everyone, but traffic laws apparently fell silent on the Southern Expressway on Thursday (01).
Some viral videos doing the rounds in the digital space show a large number of private buses transporting people to the NPP May Day rally in Colombo, unlawfully parked on the Southern Expressway, with the government supporters having lunch or strolling on a paved shoulder of the road.
It is a punishable offence for vehicles to stop in undesignated sections of expressways in non-emergency situations. Instances have been reported where people were fined or even prosecuted for doing so. The aforementioned videos show a highway patrol vehicle among the unlawfully parked buses, with the police personnel looking the other way. The culture of impunity seems to persist. No legal action had been taken against the errant drivers at the time of going to press. The police would have promptly ticketed them if they had been transporting Opposition supporters to a political rally. So much for the incumbent government’s pledge to restore the rule of law!
Some NPP politicians have sought to deny that the individuals seen in the videos are their supporters; if so, they should have the incident probed urgently. The registration numbers of the buses are clearly visible in the videos, or the vehicles and their drivers can be easily identified with the help of traffic camera footage. It is not difficult for the police to trace the errant drivers and passengers and take legal action against them if they care to do so.
Ordinary motorists who happen to violate traffic laws on an expressway invariably face heavy fines. The police must be made to explain why they did not take prompt action against the drivers of the buses and the political activists for the transgression at issue.
One of the main election promises of the ruling NPP was to ensure that everybody would be equal before the law in keeping with the cherished legal maxim—nemo est supra leges or no one is above the law. The NPP leaders, during their Opposition days, would flay their predecessors for violating traffic laws, among other things. They would condemn the VIP convoy security procedures, claiming that such measures worsened traffic congestion in urban areas and caused much inconvenience to the public. They promised a system change. But the status quo remains to all intents and purposes. The aforesaid video footage in circulation exemplifies a famous Orwellian paradox; are we to conclude that under the new dispensation all people are equal, but some people are ‘more equal’ than others?
Meanwhile, one may recall that the JVP leaders vehemently opposed the construction of the Southern Expressway, claiming that it was being built to transport malu ambulthiyal or the traditional ‘sour fish curry’ to the then ruling family all the way from Tangalle! Today, some NPP supporters stand accused of having eaten rice perhaps with malu ambulthiyal on the Southern Expressway in violation of traffic laws!
Unless stern action is taken against the bus drivers and the political activists who violated traffic laws on the Southern Expressway, others are likely to follow suit, making the highways as chaotic as other roads, some of which are partially closed for New Year festivals and bicycle races to be held much to the inconvenience of the public.
It will be interesting to see if the NPP government will practise what it preached to its predecessors about the rule of law, and direct the police to probe the expressway incident, which has tarnished its image, and taken the gloss off its successful May Day rally to some extent.
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