News
SJB, FSP agree on common agenda
Focus on abolition of Executive Presidency
BY SHMAINDRA FERNANDO
SJB MP Kabir Hashim, MP, says the main Opposition party and the Frontline Socialist Party (FSP) have recently agreed on the abolition of the Executive Presidency.Hashim yesterday (20) told The Island that they agreed on empowering Parliament at the expense of the Executive President.The SJB and FSP delegations met at the Opposition Leader’s Office at , Sir Marcus Fernando Mawatha this week. The SJB delegation consisted of lawmakers, General Secretary Ranjith Madduma Bandara, Kabir Hashim, Eran Wickremaratne and Mujubur Rahuman whereas the FSP was represented by Central Committee members, Pubudu Jagoda and Duminda Nagamuwa.The SJB, offshoot of the UNP, secured the recognition of the Election Commission in Feb 2020 while the FSP is yet to be registered as a political party.
Lawmaker Hashim said that the SJB was keen to discuss the current situation with all political parties represented in Parliament and out as part of the overall efforts to reach agreement on a common programme.Referring to the proposals made by the Bar Association of Sri Lanka (BASL) to resolve the political crisis that would be a prerequisite for addressing the economic downturn, lawmaker Hashim said that the SJB and the FSP agreed on the need for President Gotabaya Rajapaksa to agree on a timeline for him to step-down.Responding to The Island queries, one-time UNP Chairman said that the SJB could work together with the FSP on both political and economic issues. The talks took place amidst the FSP, the breakaway faction of the JVP, was consolidating its position as the spearhead of the ongoing protest campaign meant to force President Gotabaya Rajapaksa to step down.
MP Hashim said that they agreed to prepare a document meant for future cooperation. Asked whether they have scheduled another meeting with the FSP, the Kegalle District MP said that they were keen to prepare a working document before they next meet for talks.The top SJB spokesperson said that in spite of swearing in UNP leader Ranil Wickremesinghe as the Prime Minister, the President was on a difficult wicket.Lawmaker Hashim said the SJB was also engaged in talks with the JVP though the deliberations weren’t at official level. “We are proceeding with efforts to finalize a common agenda meant to restore normalcy. We had talks with the BASL, industry leaders as well as civil society,” MP Hashim said.Asked whether the SJB had met Premier Wickremesinghe or sought a meeting with him, MP Hashim said that when Dr. Harsha de Silva raised a spate of issues at hand, especially the recent hard default, the Premier assured the Parliament that party leaders would be fully briefed pertaining to the current situation.Lawmaker Hashim was referring to the first occasion Sri Lanka experienced a hard default as the grace period for the International Sovereign Bonds (ISB) Coupon payment lapsed on May 18. Last month Sri Lanka announced a pre-emptive negotiated default ofall outstanding debt as at April 12.On April 18 the ISB Coupon worth $ 78 million fell due and those had 30 days to obtain “Consent Solicitation” from all ISB holders for payment suspension by May 18.
FSP spokesperson Pubudu Jagoda told The Island that the party discussed the developing situation with some political parties, including the SJB and ’43 Brigade’ led by SJB MP Patali Champika Ranawaka. The FSP delegation comprised Central Committee members, Pubudu Jagoda, Duminda Nagamuwa and Sanjeewa Bandara. MP Patali Champika Ranawaka and Attorney-at-Law Shiral Lakthilake represented the ‘43 Brigade.’Jagoda said that the ’43 Brigade’ was of the view the executive presidential system should be retained with necessary amendments.According to Jagoda, the Eksath Samajawadi Pakshaya and the Tamil National Alliance (TNA) agreed that the executive presidency should be abolished. FSP leader Kumar Gunaratnam and Pubudu Jagoda had represented the party whereas Jaffna District MP M.A. Sumanthiran, PC, and Shanakiyan Rasamanickam represented the TNA.
Jagoda said that the current environment was conducive for building a common agenda that could accommodate the vast majority of political parties represented in Parliament and other groups bent on abolishing the executive presidency.He emphasized the pivotal importance of a common response to what Jagoda termed the government crackdown in Colombo, its suburbs and the provinces where over 1,000 persons had been arrested by the police in connection with the ongoing investigations into mob assaults ignited following unprovoked attacks on those demanding the resignation of the President and the Premier.
News
India’s External Affairs Minister meets Sri Lanka PM
India’s External Affairs Minister, Dr. Subramaniam Jaishankar, met with the Prime Minister of Sri Lanka, Dr. Harini Amarasuriya, on 23 December at Temple Trees, during his visit to Sri Lanka as the Special Envoy of Indian Prime Minister Shri Narendra Modi.
The meeting took place as part of the official visit aimed at holding discussions with Sri Lanka’s top leadership, at a time when the nation commenced reconstruction efforts following the devastation caused by Cyclone Ditwah.
During the discussions, the Minister of External Affairs of India reaffirmed readiness to extend support for Sri Lanka, including assistance in rebuilding railways, bridges, and strengthening of the agricultural sector in the country. He also highlighted the importance of having effective systems in place to respond to disaster situations, supported by strong legislative, administrative, and institutional frameworks. Both sides reviewed ongoing relief efforts and explored avenues to further strengthen bilateral cooperation in disaster response and recovery.
The Prime Minister commended the Government of India for the continued support, noting that the recovery process following the devastation caused by Cyclone Ditwah include beyond immediate relief efforts to long-term measures such as resettlement, and reconstruction of habilitation and infrastructure.
The Prime Minister further stated that steps have been taken to reopen schools as part of the process of restoring normalcy, with close monitoring in place. The Prime Minister emphasized the need to ensure stability, reduce vulnerability, and strengthen protection mechanisms highlighting the solidarity of the people, their strong spirit of volunteerism, and collective action demonstrated during the emergency situation.
The event was attended by the High Commissioner of India Santosh Jha, Additional Secretary (IOR), MEA Puneet Agrawal, Joint Secretary (EAMO), MEA Sandeep Kumar Bayyapu, Deputy High Commissioner Dr. Satyanjal Pandey, and representing Sri Lankan delegation, Secretary to the Prime Minister Pradeep Saputhanthri, Additional Secretary to the Prime minister Ms.Sagarika Bogahawatta, Director General (South Asia), Ministry of Foreign Affairs Samantha Pathirana, Deputy Director, South Asia Division, Ministry of Foreign Affairs Ms.Diana Perera.
[Prime minister’s media division]
News
Sri Lanka’s coastline faces unfolding catastrophe: Expert
Sri Lanka is standing on the edge of a coastal catastrophe, with the nation’s lifeline rapidly eroding under the combined assault of climate change, reckless development and weak compliance, Director General of the Department of Coast Conservation and Coastal Resource Management (DCC&CRM) Dr. Terney Pradeep Kumara has warned.
“This is no longer an environmental warning we can afford to ignore. The crisis is already unfolding before our eyes,” Dr. Kumara told The Island, cautioning that the degradation of Sri Lanka’s 1,620-kilometre coastline has reached a point where delayed action could trigger irreversible damage to ecosystems, livelihoods and national security.
He said accelerating coastal erosion, rising sea levels, saltwater intrusion and the collapse of natural barriers, such as coral reefs and mangroves, are placing entire coastal communities at risk. “When mangroves disappear and reefs are destroyed, villages lose their first line of defence. What follows are floods, loss of homes, declining fisheries and forced displacement,” he said.
Dr. Kumara stressed that the coastline is not merely a development frontier but the backbone of Sri Lanka’s economy and cultural identity. “More than half of our tourism assets, fisheries and key infrastructure are concentrated along the coast.
If the coast fails, the economy will feel the shock immediately,” he warned.
Condemning unregulated construction, illegal sand mining and environmentally blind infrastructure projects, he said short-term economic interests are pushing the coastline towards collapse. “We cannot keep fixing one eroding beach while creating three new erosion sites elsewhere. That is not management—it is destruction,” he said, calling for science-driven, ecosystem-based solutions instead of politically convenient quick fixes.
The Director General said the Department is intensifying enforcement and shifting towards integrated coastal zone management, but warned that laws alone will not save the coast. “This is a shared responsibility. Policymakers, developers, local authorities and the public must understand that every illegal structure, every destroyed mangrove, weakens the island’s natural shield,” he added.
With climate change intensifying storms and sea surges, Dr. Kumara warned that Sri Lanka’s vulnerability will only worsen without urgent, coordinated national action. “The sea has shaped this nation’s history and protected it for centuries. If we fail to protect the coast today, we will be remembered as the generation that allowed the island itself to be slowly eaten away,” he went on to say.
By Ifham Nizam
News
SOC examines proposed amendments to the Microfinance and Credit Regulatory Authority Bill
The Sectoral Oversight Committee (SoC)on Economic Development and International Relations recently examined the Microfinance and Credit Regulatory Authority Bill and the proposed amendments thereto.
The SoC met in Parliament under the chairmanship of Member of Parliament Ms. Lakmali Hemachandra, (Attorney at Law). A group of officials representing the Central Bank of Sri Lanka, the Department of Development Finance of the Ministry of Finance, Planning and Economic Development, and the Legal Draftsman’s Department participated in the meeting.
The Microfinance and Credit Regulatory Authority Bill was presented to Parliament for its First Reading on 26.11.2025. Accordingly, the Committee held an extensive discussion on the amendments that have been proposed to the Bill. The Chair of the Committee, Hon. Member of Parliament Ms. Lakmali Hemachandra, (Attorney at Law) stated that it is important to give careful and further consideration to this Bill and that discussions on the proposed amendments will be held again on a future date.
Members of Parliament Lakshman Nipuna Arachchi, Thilina Samarakoon, Nilanthi Kottahachchi, Attorney at Law, Sagarika Athauda, Attorney at Law, Suranga Ratnayaka, and Wijesiri Basnayake also participated in this Committee meeting.
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