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This is not an ordinary scholarship programme. It defines the future vision of our country – PM
Prime Minister Harini Amarasuriya stated that the Government believes investments in education should be encouraged to develop highly skilled human resources essential for rebuilding the country, adding that the scholarship programme is a national initiative that reflects the country’s future vision.
The Prime Minister made these remarks while attending the inauguration ceremony of the scholarship programme that provides opportunities for students who excelled in the 2024 G.C.E. Advanced Level Examination to pursue their undergraduate studies at the world’s leading universities. The event was held on 12 March 2026 at the Ministry of Education, Isurupaya.
An investment of Rs. 4,001 million is expected to be allocated for this project.
Under this programme, it is planned to award 200 foreign scholarships to students during the period of 2025 and 2033. As the initial phase of the programme, 32 students have been selected for the 2025/26 academic year, and 9 students have already secured admission to some of the world’s leading universities, including those in Sydney, Melbourne, Monash in Australia, and Auckland in New Zealand.
A transparent selection process has been followed in selecting the students. They are required to pursue their studies in universities ranked within the top 500 of global rankings such as QS, THE, or ARWU.
For each selected student, a maximum financial allocation of Rs. 20 million per year will be provided, with a total of up to Rs. 80 million (Rs. 80,000,000) for the full four-year undergraduate programme.
Minister Dr. Harini Amarasuriya stated:
“Today brings a great satisfaction to the Ministry of Education. As the first phase of a promise we made in our policy statement, scholarships have been awarded today to 33 students who achieved outstanding results in the Advanced Level Examination to pursue higher education abroad. Implementing this programme was not easy. We had to engage in extensive discussions regarding student selection, maintaining transparency, and identifying universities with higher academic standards.
This is not an ordinary scholarship programme. It is a programme that defines the future vision of our country. It provides students with the opportunity to study at some of the world’s leading universities. Therefore, students selected for this programme must demonstrate not only academic excellence but also leadership qualities, personality, and resilience.
To build our country, we need good citizens. We must create a human resource capable of taking the country forward. Countries such as Singapore, China, and Malaysia have progressed by investing in human resource development. We must also follow that path.
Beyond becoming graduates, these scholarship recipients should become individuals capable of making a meaningful impact on society and serving as part of the broader social transformation of our country. This is a long-term investment we are making. We expect you to support fellow students, lead teams, and demonstrate strong character.
No matter the challenges you face including the climate changes, cultural differences, or missing loved ones, you must remain determined and not abandon your journey. Use such challenges to develop your leadership qualities. Even difficult experiences can become opportunities. Learn from new cultures, technologies, and systems of knowledge. Become innovative thinkers who can apply that knowledge to the development of our country.
Gain as much experience as possible. Develop communication skills, empathy, teamwork, and the ability to understand others. Thereby you will be able to deliver the change we expect for the nation. We will never be left alone. In any challenging situation, we are ready to intervene and support you. We will facilitate the necessary coordination and assistance through embassies. If we are to take our country toward social transformation, it must be done through collective effort, protecting and supporting one another. We must create leaders who can guide not only Sri Lanka but the entire world toward a more humane future”.
The event was attended by Deputy Minister of Education and Higher Education Dr. Madhura Senevirathna, Secretary to the Ministry of Education, Higher Education and Vocational Education Nalaka Kaluwewa, officials of the Ministry of Education, and the selected students.
[Prime Minister’s Media Division]
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Advisory for Severe Lightning issued to the Western, Sabaragamuwa, Central, North-western, North-central, Southern, Uva provinces, and Mannar, Vavuniya, Ampara, Batticaloa districts
Advisory for Severe Lightning
Issued by the Natural Hazards Early Warning Centre
Issued at 12.00 noon 21 April 2026 valid for the period until 11.30 p.m. 21 April 2026
Thundershowers accompanied with severe lightning are likely to occur in the Western, Sabaragamuwa, Central, North-western, Northcentral, Southern, Uva provinces, and in Mannar, Vavuniya, Ampara, Batticaloa districts after 1.00 p.m.
There may be temporary localized strong winds during thundershowers. General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.
ACTION REQUIRED:
The Department of Meteorology advises that people should:
Seek shelter, preferably indoors and never under trees.
Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.
Avoid using wired telephones and connected electric appliances during thunderstorms.
Avoid using open vehicles, such as bicycles, tractors and boats etc.
Beware of fallen trees and power lines.
For emergency assistance contact the local disaster management authorities
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Six Foreign Envoys Present Credentials to President Dissanayake
Two High Commissioners, three Ambassadors and an Apostolic Nuncio-designate of the Holy See presented their credentials to President Anura Kumara Dissanayake at the Presidential Secretariat this morning (20).
The ceremony, held at 10.00 a.m., followed the formal order of precedence, with the envoys representing Papua New Guinea, Somalia, Luxembourg, the Holy See, Pakistan and Kuwait.
Accordingly, diplomats who presented their credentials were:
01. Vincent Sumale, High Commissioner-designate of Papua New Guinea (Based in New Delhi)
02. Abdullahi Mohammed Odowa, Ambassador-designate of Somalia (Based in New Delhi)
03. Christian Biever, Ambassador-designate of Luxembourg (Based in New Delhi)
04. Monsignor Andrzej Józwowicz, Apostolic Nuncio-designate of the Holy See
05. Major General (Retd) Nayyar Naseer, High Commissioner-designate of Pakistan
06. Saleh Mubarak Al-Sarawi, Ambassador-designate of Kuwait
Following the presentation of credentials, the President engaged in a cordial discussion with them. The Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, and the Secretary to the President, Dr Nandika Sanath Kumanayake, were also in attendance.
News
Rs 13 bn NDB fraud: Int’l forensic audit ordered
The National Development Bank PLC (NDB), in consultation with the Central Bank, will soon appoint an international firm to conduct a comprehensive forensic audit into the Rs 13.2 billion bank fraud, currently being investigated by the Criminal Investigation Department (CID).
Controversy surrounds the failure on the part of relevant authorities to detect the massive scam that certain employees started perpetrating in mid-2024.
Declaring that day-to-day developments, relating to the NDB PLC, were under scrutiny, the Central Bank said that the NDB, in consultation with CBSL, was in the process of finalising arrangements to engage a leading international firm, with experts from overseas, to conduct a comprehensive forensic audit into the incident.
The Central Bank stated: “The scope of this audit will apart from matters directly related to the commission of this fraud, also fully address and assess any failures on compliance with regulatory requirements on control, oversight and governance during the period in which the fraudulent transactions took place. The forensic audit is expected to commence shortly, and its progress, including any interim findings as well as the final report, will be submitted directly to CBSL who will directly engage with the auditors to the extent considered necessary during the audit.
In parallel, CBSL has directed NDB to take immediate and expeditious measures to strengthen its internal controls and governance processes, with particular focus on addressing identified lapses. NDB has also been required to commission an independent third-party review to assess the adequacy and effectiveness of its policies, procedures, systems, and internal controls.
NDB continues to meet all regulatory requirements relating to capital and liquidity. CBSL remains in close and continuous engagement with the Board and management of NDB, as well as other relevant stakeholders, and stands ready to take any further measures necessary to safeguard the interests of depositors and ensure the stability of the financial system. There is no evidence of any other regulated financial institution suffering any loss arising from the incident at NDB and the public are requested not to be misled by any statements to the contrary made in various fora.”
NDB board directors include Sujeewa Mudalige – former Managing Partner of PwC / Past President of CA Sri Lanka, Hasitha Premaratne – Managing Director of Brandix Group, Shanil Fernando – founding member of Virtusa Corporation and Co-Founder of Sysco Labs, Bernard Sinniah – former Managing Director of Citibank and Kasturi Chellaraja – former Group CEO of Hemas Holdings PLC.
The external auditors of NDB Bank PLC is Ernst & Young.
Meanwhile, the Committee on Public Finance (CoPF) that recently met under the Chairmanship of Member of Parliament Dr. Harsha de Silva observed, with serious concern, that there appear to have been considerable lapses in corporate governance at the bank, deficiencies in supervision by the relevant departments of the Central Bank of Sri Lanka, and undue delays in the reporting of material information.
The Committee firmly underscored that such shortcomings are unacceptable and directed that immediate corrective measures be undertaken. It further emphasised that it will continue to closely monitor this matter and exercise stringent oversight to ensure full accountability, transparency, and the safeguarding of public confidence in the financial system.
The NDB issue was dealt with when the Governor of the Central Bank Dr. Nandalal Weerasinghe, along with members of the Governing Board, the Monetary Policy Board, and senior officials, attended the meeting as part of the Central Bank’s statutory presentation to Parliament conducted once every four months.
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