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SJB vows not to let govt offset loan obligations to China by giving away national assets

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By Saman Indrajith

The main opposition SJB vowed in parliament yesterday that it would not let the government sell the national assets to redeem its loan obligations to China.

Chief Opposition Whip and SJB MP Lakshman Kiriella participating in the debate on interim budget said that even if IMF extended its assistance it would be only three billion US dollars and that amount would not suffice to cover the loan obligations of the country. “We need 12 billion US dollars per year to settle loans until 2025. How is the government going to cover the balance? Are they planning to give away national assets to redeem the loans to other countries? China too has recently stated that they were ready to take over those assets in place of defaulting loans. China had done so in other countries. The Southern Expressway, the Mattala Airport and the Katunayake Expressway are to be given away,” Kiriella said, adding that the main reason for the present crisis was the loss of foreign exchange reserves. “Does this interim budget envisage how to bring in dollars? There is no single word on such a plan.”

Kiriella said that an election was the need of the hour. “Rather than making plans to stay in power, the government should allow the people to elect a governmenet. The international community prefers to work with a legitimate government. The government must understand that not even a bankrupt company would be entitled to a loan from a bank if they do not change the board of directors. This government comprises the makers of this crisis. The government has failed to implement political and economic reforms it had agreed to. Even the diplomatic community in Colombo has asked the government to implement political and economic reforms. The Mahayanaykes and other religious leaders are asking for that. The Aragalaya activists are demanding for that. Prof GL Peiris said on Wednesday that the public opinion was no longer represented in this parliament. The government may have numbers but that does not mean it has legitimacy. A poll by a newspaper shows that 88 percent of people say no to Ranil Wickremesinghe. You cannot run a country by appointing leaders as in a musical chairs contest. They have elected a team from the very same politicians who led the country to the present crisis.”



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Indonesian Naval Ship ‘KRI SULTAN ISKANDAR MUDA – 367’ arrives in Colombo

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The Indonesian Naval Ship, ‘KRI SULTAN ISKANDAR MUDA – 367’, arrived at the port of Colombo today (22 Jan 26) on a scheduled port call for logistics replenishment and a goodwill mission.

In keeping with time-honored naval tradition the ship was accorded a ceremonial welcome upon arrival.

The 90.71m – long Sigma Corvette FS is commanded by Commander Annugerah Anurullah.

During the stay in Colombo, the crew members of the ship are expected to visit some tourist attractions in the city limits.

Further, this visit provides an avenue to enhance professional interaction and courtesy engagements among two navies.

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Royal Navy of Oman Ship ‘AL SEEB’ calls at Port of Colombo

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The Royal Navy of Oman Ship ‘AL SEEB’ arrived at the Port of Colombo on a logistics replenishment visit today (22 Jan 26).

The Sri Lanka Navy welcomed the visiting ship in compliance with naval traditions.

The 75m – long ship is commanded by Lieutenant Commander Hamad Bin Mohammed Aldarmaki. The port call will facilitate professional interaction and goodwill exchanges between the two navies.

During her stay in Colombo, crew members of the ship are expected to visit some tourist attractions in the city of Colombo.

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Mechanism to be established involving university academics and experts for Education Reforms – President

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President Anura Kumara Dissanayake stated that the Government is taking steps to establish a comprehensive mechanism, supported by an appropriate legal framework, to bring together university academics, experts and all relevant parties in order to resolve issues arising during the implementation of education reforms.

The President made these remarks during a discussion with the Federation of University Teachers’ Associations (FUTA) held on Wednesday (21) morning  at the Presidential Secretariat.

During the discussion, FUTA members emphasized the challenges encountered while trying to implement educational reforms through a framework established by the National Institute of Education, in line with the current laws and regulations.

They further emphasized that while their association acknowledges the need for new education reforms, the urgency of such reforms is greater for students in rural schools than for those in urban schools.

The Federation of University Teachers’ Associations further stated that they appreciate the decision taken by the Government, under the leadership of the President, to address the issues arising from education reforms and affirmed their readiness to contribute to this process.

As a continuation of the previous discussion, proposals addressing the challenges faced by academics within the university system, along with possible solutions, were presented to the President. In response, the President emphasized that the Government would take all possible measures to safeguard the university system and strengthen education.

The discussion also covered proposed amendments to the Universities Act.

President Anura Kumara Dissanayake noted that, in the aftermath of the recent disaster, the Government has been effectively implementing a nationwide rebuilding programme, addressing economic stability, development and all critical sectors. The President also called upon university academics to actively support these reconstruction efforts.

The meeting was attended by Minister of Ports and Civil Aviation, Anura Karunathilaka, as well as representatives of the Federation of University Teachers’ Associations, including its President, Prof. P. R. Weerathunga, Vice President M. A. M. Sameem and Secretary Charudaththe Ilangasinghe.

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