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Women’s rights groups reject current debt restructuring that places burden of repayment on working class

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Women’s rights groups in Sri Lanka yesterday (11) rejected the current debt restructuring solutions that place the burden of repayment on Sri Lanka’s working classes, particularly its women.

Addressing a press conference, a number of women’s groups said they are demanding urgent and sustainable solutions to the ongoing debt crisis in Sri Lanka that respond to the actual lived experiences, struggles and needs of the people.

At the ‘National Convening on Debt and Women’s Human Rights’ held in Colombo on 9-10 August 2023, women’s rights groups from Sri Lanka and other Asian countries discussed the ways the ongoing crisis has impacted their lives and the inadequacy of government solutions to respond in meaningful ways. They also severely criticised the historical and current roles played by international financial institutions, mainly the World Bank and IMF, in imposing unjust austerity measures and their lack of accountability in worsening economic crises in the region.

Sri Lanka is currently going through a crippling economic crisis because of an unsustainable debt burden of 103.8 percent of GDP as of March 2023. This crisis hit households at a time when many had not yet recovered from the shocks of COVID-19. The government response of austerity measures to secure an International Monetary Fund bailout are being hurriedly rolled out, with no public consultation. This has included cuts in public spending, steep increases in utility tariffs, food and energy costs, indirect and regressive taxation, and limited cash handouts as social security.

This has particularly impacted low to middle income families, and labour laws that threaten to rollback gains in wage and job security, especially for women. Critically, the Government of Sri Lanka has decided to use the funds of the Employee Provident Fund to repay Sri Lanka’s debt – forcing Sri Lanka’s working class to bear the burden of repaying the wealthiest creditors – and has blocked resistance and legal challenges to the same.

“The social security funds of workers are being compromised to pay the debt for the richest income earners in the world. The government has decided to trade off the savings – for many of them this is the only savings – of some of the most hardworking people in Sri Lanka,” said lawyer and activist, Lakmali Hemachandra.

“There are severe violations going on with the domestic debt restructuring. The restructuring process is due to finish in September and by that time, workers will lose the security of their savings. We need the international community to hear and condemn the fact that creditors are being paid with workers’ savings and the Government and IMF is continuing to hold the position that there is people’s buy-in for this. There is no people’s buy-in, people just don’t have a way to communicate that,” Hemachandra said.

Juan Pablo Bohoslavsky, Former UN Independent Expert on Debt and Human Rights, said: “We also need to question why only domestic creditors have been asked by the government to make a sacrifice and accept, to some extent, a haircut in their credit. External debt holders should also be asked to make a similar contribution to bring sovereign debt to a sustainable level. According to international law, in the Sri Lankan context, prohibition of discrimination means inter-creditor equity in sovereign debt restructuring.”

The national convening was co-organised by the Law and Society Trust (LST), National Fisheries Solidarity Organisation (NAFSO), The Women and Media Collective (WMC), Colombo Urban Lab, The Asia Pacific Forum on Women, Law and Development (APWLD). Participants included representatives from groups of labour activists, trade unions, rural and urban women, academia, and civil society from Sri Lanka and Asia.



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Opposition blames govt. inaction for severity of disaster impact

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The government’s failure to act on expert warnings, including advance forecasts on Cyclone Ditwah, had led to the worsening of disaster impact, Udaya Gammanpila, leader of the Pivithuru Hela Urumaya, said at a press conference in Colombo yesterday.

Gammanpila accused the NPP government of ignoring 14 key preventive measures, despite alerts from the Meteorology Department, foreign experts, and the media.

Gammanpila said the government had failed to lower the water levels in reservoirs, dredge estuaries, and deploy the armed forces for canal maintenance. Local government bodies were reportedly sidelined, and that led to a delay in cleaning of drains. He said the government had also failed to evacuate people in a timely manner from seven districts identified by the National Building Research Organisation as landslide-prone. It had delayed declaring emergencies or curfews and the deployment of tri-forces to evacuate people in such areas.

Gammanpila said an experienced public official should have been appointed as Secretary to the President to mobilise the state machinery swiftly during the disaster. He said the government had not convened the National Disaster Council.

“These failures worsened the disaster, causing immense hardship, disruption, and loss of life and property to the people,” Gammanpila said.

The government has denied the Opposition’s claims.

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National Archives seeks freezing capacity to ward off mould from vital water-damaged documents

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The Department of National Archives Friday made an urgent appeal for freezing capacity to protect from mould vital water damaged documents, particularly irreplaceable public records of legal value saying this would be be time buying exercise before mould destroys them permanently.

Dr. Nadeera Rupesinghe, Director General of National Archives, said in the appeal that “freezing water-damaged documents stops mould growth and stabilizes materials until proper conservation treatment is possible. It buys time.

Without freezing capacity, we will lose vital records, land registries, court documents, historical records, and the evidence millions of citizens need to rebuild their lives.

“These public institutions urgently need access to freezer facilities and mobile freezers across the country. Public records as bound volumes, and bundled records have to be frozen in large quantities. We understand this is an extraordinary request during an already difficult time. We are asking you to provide space in existing freezer facilities on a temporary basis (weeks to months).”

She said if anybody able to provide such facilities without cost, in return, the National Archives can support full documentation of your contribution for CSR reporting and national recognition as a partner in preserving Sri Lanka’s evidentiary landscape.

“These are not abstract historical records. These are the records our citizens need to prove who they are, what they own, and what they are owed. What we stand to lose –

Court records and legal evidence spanning decades

Personnel files affecting pensions and benefits

Financial records required for audits and accountability

Public records essential for maintaining administrative history

Historical documents that tell our national story”

Noting that the business community has always been a partner in Sri Lanka’s development, the National Archives Department asked it to be partners in preserving the documentary foundation on which business, law, and civil society depend.

“Every land transaction, every contract, every court case relies on records. Help us save them,” Rupesinghe said.

If your organisation has freezing capacity you can make available, please immediately contact Mr Anuradha Adikaram, Senior Archivist on 077 6815551 (Available 24 hours) .

The department will coordinate connecting those who can assist with organisations that are searching for freezer facilities.

“Time is the enemy. Every hour without freezing capacity means more records lost to mould. Every day of delay means more families without proof of their homes, their citizenship, their rights. We are asking for freezers, but we are really asking you to help preserve the documentary infrastructure of our nation,” Rupesinghe said.

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Met Dept. issues fresh weather warning

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The Department of Meteorology has warned that rainfall is expected to increase across the country in the coming days as the southwest monsoon becomes more active. From Tuesday, monsoon conditions are expected to persist, with stronger winds likely.

Rainfall is predicted to intensify on Dec. 10, 11, and 12, potentially affecting the Northern, North-Central, Northwestern, Eastern, and Uva provinces, with thunderstorms and rainfall between 75 and 100 mm, Director General of Meteorology Athula Karunanayake said.

Karunanayake added that other areas, including the southeastern region, could also see rain during the day or night, as a disturbance in the Bay of Bengal may further influence the monsoon.

He cautioned that heavy rain would be accompanied by strong winds, creating rough sea conditions. Fishermen and maritime communities are urged to exercise caution and follow official advisories during this period.

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