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SJB demands forensic audit on loss incurred from reduction of duty on imported sugar

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The Samagi Jana Balavegaya (SJB) has requested the Ministry of Finance to conduct a forensic audit on the loss incurred by the state due to reducing the import duty on sugar to Rs. 0.25 per kilo.

SJB MP Dr. Harsha de Silva urged a forensic audit to calculate the real loss since it was estimated that the state incurred a loss of Rs. 15.9 billion by what he called the strange exercise.

“The Ministry of Finance told the Parliamentary Committee on Public Accounts (COPA) this week that Rs. 15.9 billion in tax revenue has been lost”, he said.

Dr. De Silva said that the SJB had asked for a debate in Parliament on the matter.

Earlier this year, Chairman of the Committee on Public Finance Anura Priyadarshana Yapa instructed the Ministry of Finance officials to submit a report on the sugar tax revision.

In October 2020, the government reduced the import duty on a kilo of sugar from Rs. 50 to 25 cents stating that it wanted to reduce the retail price of sugar in the market.

However, sugar importers had stocked about 90,000 metric tons of sugar they had imported after paying Rs. 50 per kilo by way of import duty.

The government on 27 October increased the tax imposed on a kilo of sugar to Rs. 40. However, according to the Special commodity levy act, a levy increase come into force a month later.

Thus, the amended duty increase was not enforced between October 13 and November 13. During this period, one sugar importer was able to import 100,000 MT of sugar by paying only 25 cents as duty per kilo. Sathosa had also purchased sugar from the importer at over Rs. 125 a kilo. The Opposition alleges the importer made a significant profit at the expense of the state. (RK.)



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Ambassador of Switzerland to Sri Lanka pays courtesy call on PM

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The Ambassador of Switzerland to Sri Lanka Dr. Siri Walt paid a courtesy call on Prime Minister Dr. Harini Amarasuriya on the 17th of February at the Temple Trees.

Welcoming the Ambassador of Switzerland to Sri Lanka the Prime Minister briefed the Ambassador on her recent visit to Davos to participate in the World Economic Forum Annual Meeting noting that the series of high-level bilateral meetings held on the sidelines of the Forum, along with two important industry visits provided valuable insights for Sri Lanka’s economic engagement.

The discussion focused on Switzerland’s vocational education and training (VET) system, with particular interest in exploring possible cooperation and knowledge-sharing opportunities.

The Prime Minister also conveyed her appreciation for the assistance extended by the Government of Switzerland following Cyclone Ditwah. She emphasized Sri Lanka’s need for enhanced technical assistance during the ongoing rebuilding phase, especially in relation to the reconstruction of bridges and railway infrastructure.

Both sides reaffirmed their shared commitment to further strengthening bilateral relations between Sri Lanka and Switzerland, and to expanding cooperation in areas of mutual interest.

First Secretary (Political) of the Embassy of Switzerland in Colombo Ms. Justine Boillat, First Secretary (Migration) of the Embassy of Switzerland in Colombo Ms. Andrea Kienast and the Secretary to the Prime Minister, Pradeep Saputhanthri, Additional Secretary to the Prime Minister, Ms. Sagarika Bogahawatt and officials from the Ministry of Foreign Affairs , Foreign Employment, Tourism.attended the meeting.

[Prime Minister’s Media Division]

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Advisory for low pressure area in the Southwest Bay of Bengal to the south-east of Sri Lanka

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Location of the low-pressure area in the Bay of Bengal Sea area

Advisory for low pressure area in the Southwest Bay of Bengal to the south-east of Sri Lanka.
Issued by the Natural Hazards Early Warning Centre of the Department of Meteorology at 03.00 pm on 18 February 2026

Multiday boats fishermen and naval community are warned that the low-pressure area still persists over the Southwest Bay of Bengal to the south-east of Sri Lanka. Under the influence of this system, heavy showers or thundershowers, Strong winds about (50-60) kmph, and rough or very rough seas can be expected in these sea areas.

The Meteorological Department is constantly monitoring the behavior of the system.

The naval and fishing communities are requested to be attentive to the future forecasts and bulletins issued by the Department of Meteorology in this regard.

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Canada concerned about delay in holding PC polls

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Canadian High Commissioner Isabelle Martin shaking hands with Minister Abayaratne

Canada, said to be the home to the largest Tamil Diaspora community, has expressed concern over the delay in holding Provincial Council (PC) elections. Canadian High Commissioner Isabelle Martin, on Monday (16), took up the issue with Public Administration, Provincial Councils and Local Government Minister Professor Chandana Abayaratne.

Sources quoted Prof. Abayaratne as having told the Canadian HC that the delay was not deliberate on the part of the government. The Minister blamed, what the sources called, certain legal, technical and delimitation issues for the delay.

India compelled Sri Lanka to enact the 13th Amendment to the country’s Constitution to enable the setting up of the Provincial Council system, in line with the Indo-Lanka Peace Accord, which Sri Lanka signed under duress in July 1987.

Prof. Abayaratne has assured the Canadian HC that President Anura Kumara Dissanayake, too, recognised the importance of strengthening the Provincial Council system as a solution to ethnic issues and that urgent steps would be taken in that regard.

During the discussion, matters relating to strengthening political, economic and social relations between the two countries were discussed.

In May 2020, Canada declared that Sri Lanka had perpetrated genocide during the war against the LTTE. Canada also sanctioned former Presidents Mahinda Rajapaksa and Gotabaya Rajapaksa in January 2023 over alleged war crimes.

The Canadian HC also explained her country’s ‘Indo-Pacific’ strategy and how Sri Lanka could benefit from it.

In particular, Canada’s “Pathways to Peace” project will support reconciliation between nations, and to improve communication by encouraging the learning of mutual languages as a second language, and it was also agreed to provide more opportunities for Sri Lankan students to pursue higher studies in Canada.

The Canadian delegation also expressed its willingness to provide the necessary technical assistance to solve the drinking water problems in Puttalam, Mannar and the North-Eastern provinces under technical cooperation, and to implement the relevant projects after a preliminary study.

by Shamindra Ferdinando

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