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SRI LANKA NEEDS FEWER POLITICIANS AND MORE TECHNOLOGISTS – By Dr. Tilak S. Fernando “There are rumours that Sri Lankan Prime Minister Ranil Wickremesinghe had to take over the finance portfolio since no member of the Sri Lankan Parliament was willing to take up this challenge of managing the country’s finances. Instead of looking at the scenario negatively, it would be appropriate to think that the Prime Minister taking over the finance portfolio is also a progressive step, as the finance portfolio requires the maximum attention at this stage,” says veteran Indian journalist N.S. Venkataramanin in his latest article, which landed in my email ‘in box’. He further states that ‘when the Sri Lankan Government negotiated with the IMF to obtain financial support, the present scenario appears to be that the IMF is procrastinating the issue and has not given a firm assurance to the Sri Lankan Government. When ...

Jun 10, 2022 Posted by eLanka admin In Articles, Tilak S Fernando Tagged Gotabaya Rajapaksa, IMF, Ranil Wickremesinghe, Sajith Premadasa, Sri Lankan government, SriLankan Airlines, United National Party, World Bank

Sri Lanka Political Crisis triggered by an economic Collapse – By Dr harold Gunatillake Transcript: *Sri Lanka’s Newly Proposed Constitutional Reforms *Powers of the president will be clipped, and powers of the parliament strengthened *Protesting youth to be invited to be part of governance under political reforms. Prime Minister Ranil Wickremesinghe said that under proposed constitutional reforms, the president’s powers would be clipped and those of parliament strengthened. In a televised statement, he said that governance would be broad-based through parliamentary committees where politicians, youth, and experts work together. “The youth are calling for a change in the existing system. They also want to know the current issues. Therefore, I propose to appoint four youth representatives to each of these 15 committees,” Wickremesinghe said. “The methodology used to choose these individuals can be decided by the youth organisations themselves,” he said. So far, there have been no immediate comments from ...

Jun 3, 2022 Posted by eLanka admin In Articles, Dr harold Gunatillake Tagged Bharatha Lakshman Premachandra, Douglas Devawanda, Duminda Silva, Gotabaya Rajapaksa, Narendra Modi, Ranil Wickremesinghe, Sri Jayawardenapura Hospital

SRI LANKA NEEDS LESS NUMBER OF POLITICIANS AND MORE NUMBER OF TECHNOLOGISTS – by N.S.Venkataraman There are rumours that Sri Lankan Prime Minister Ranil Wickremesinghe had to take over the finance portfolio also, since no member of Sri Lankan parliament was willing to take up this challenge of managing the country’s finance. Instead of looking at the scenario in such negative manner, it would be appropriate to think that Prime Minister taking over the finance portfolio also is a progressive step , as the finance portfolio requires the maximum attention at this stage. While the Sri Lankan government is negotiating with IMF to get financial assistance , it appears that the decision of IMF is yet to be taken firmly. Meanwhile, Sri Lankan government approached the World Bank and it is said that the World Bank ruled out any new assistance to Sri Lanka , until an adequate macro economic ...

May 28, 2022 Posted by eLanka admin In Articles Tagged country’s finance, IMF, Ranil Wickremesinghe, Sri Lanka, Sri Lankan government, Sri Lankan Parliament, Sri Lankan Prime Minister, Tea, technology solutions

Sri Lanka-current 27th May 2022 – By Dr Harold Gunatillake *Sri Lanka PM to take over as finance minister too. Ali Sabry, previous finance minister, resigns *Wickremesinghe will present an interim budget within six weeks that will slash government expenditure ‘to the bone’. *The PM is seeking $4bn from the IMF, China and Japan to pay for food and fuel even as he slashes the budget to ‘bare bones’. *Sri Lanka’s Rajapaksa Appeals for Bridging Finance in TokyoLanka has run out of money to pay for food, fuel, medicines and other daily need. *Sri Lanka hikes fuel prices, hires financial and legal advisers *Sri Lanka’s inflation increased by 20-24 per cent Lanka’s Prime Minister Ranil Wickremesinghe will take charge as finance minister, the president’s office has announced. It will lead talks with the International Monetary Fund (IMF) as the crisis-hit nation seeks a bailout. “Prime Minister Ranil Wickremesinghe was sworn ...

May 27, 2022 Posted by eLanka admin In Articles, Dr harold Gunatillake Tagged Ali Sabry, Central Bank, Gotabaya Rajapaksa, IMF, Kanchana Wijesekera, Nandalal Weerasinghe, Ranil Wickremesinghe, TokyoLanka

LET NOT THE POLITICIANS DRAG DOWN SRI LANKA’S RECOVERY – by N.S.Venkataraman While the economic crisis in Sri Lanka has drawn the attention of the entire world and several governments are concerned about the turn of events in Sri Lanka, it is sad that politicians in Sri Lanka are discussing more about political issues rather than about economic issues. The ongoing economic crisis in Sri Lanka can be sorted out in quick time only by finding technological and industrial / agro management solutions and not by political solutions. Obviously, the fate of Sri Lanka today depends on utilising the services of economists, technologists and industrial executives who have the expertise and not by the antics of politicians. The present situation demands that politicians should go silent at least until such time that Sri Lanka’s ...

May 16, 2022 Posted by eLanka admin In Articles Tagged N.S.Venkataraman, Ranil Wickremesinghe, Sri Lanka’s President Gotabaya

Ranil Wickremesinghe: Sri Lanka’s new prime minister faces uphill battle – by George Wright Source:bbc.com News that Ranil Wickremesinghe is the new prime minister has been largely met with dismay and disbelief in Sri Lanka. His appointment is being viewed as yet another arrogant response by President Gotabaya Rajapaksa to weeks of protests over rising prices and shortages. Mr Wickremesinghe is seen as being close to the Rajapaksa family, and many think he has been chosen because he will be likely to guarantee their security. Protests flared up in early April in the capital, Colombo, and have grown in size and spread across the country. People are furious because the cost of living has become unaffordable, and nine people have lost their lives in the unrest. Why are Sri Lankans protesting in the streets? However some say his experience and links with India and the West could help overcome the ...

May 13, 2022 Posted by eLanka admin In Articles Tagged Archbishop of Colombo Cardinal Malcolm Ranjith, BBC, Colombo, Gotabaya Rajapaksa, Ranasinghe Pramadasa, Ranil Wickremesinghe, Sri Lanka, United National Party

A story to tell- by somasundaram sandakumar Source:ft.lk This article was one of 75 stories that got published by the Australian High Commission in its website (www. 75yearsaustraliasrilanka.com) to commemorate 75 years of bilateral ties – Australia and Sri Lanka. It was written on invitation. Year 2017, was regarded as the most eventful ever in the history of Sri Lanka-Australia relationship and hence the significance. In February 2017, my team and I at the Sri Lankan High Commission in Australia were informed that then-Prime Minister (PM) Ranil Wickremesinghe had been invited to deliver the keynote address and accept an honorary doctorate at the Deakin Law School graduation. We immediately communicated the news to Australia’s Department of Foreign Affairs and Trade (DFAT) and inquired if the trip could be made into an official state visit – after all, that year marked the 70th anniversary of diplomatic relations between Australia and ...

Feb 26, 2022 Posted by eLanka admin In Articles Tagged Ranil Wickremesinghe, Sri Lanka Cricket, Sri Lankan High Commission

Is there a credible political alternative for Sri Lanka? by Tissa Jayatilaka Why do Sri Lankan voters elect and re-elect corrupt and discredited politicians? This topic has been much talked about and commented on in newspapers and social media ever since Gotabaya Rajapaksa, in a rare moment of self-realisation, asked the above question from the voters of Sri Lanka. Why indeed? Two years before the president posed this question in November 2019, I asked myself the very same question when to my disbelief and dismay, 6.9 million voters elected Gotabaya Rajapaksa (GR) as executive president. For the purposes of this essay I consider GR to have been a politician since 2005 when, as a political appointee to the post of secretary to the ministry of defence, he wielded more power than any other politician except his older sibling, the then executive president. A few months after the presidential election, when ...

Dec 7, 2021 Posted by eLanka admin In Articles Tagged D.S. Senanayake, Gotabaya Rajapaksa, Ranil Wickremesinghe, Sir Ponnambalam Arunachalam

How cricket can help overcome Lanka’s foreign reserve woes-by Rex Clementine Source:Island There are some concerns about the national economy with former Prime Minister Ranil Wickremesinghe raising alarm about diminishing foreign reserves. Listening to the UNP leader one recalls the pithy local saying, ‘bale thiyanakota mole ne, mole thiyanakota bale ne’ (when one has power one has no brains, and vice versa). Under his watch, men in three piece suits put professional banker robbers to shame; they walked away with billions of rupees in the form of fraudulently obtained Treasury bonds. The great game of cricket helps take a man’s mind out of his troubles and if properly utilized, and could solve our foreign reserves crisis as well. The upcoming six-match limited overs series will see Sri Lanka Cricket earning as much as US$ 12 million as television revenue. SLC sources inform us that maintaining several bio-secure bubbles for players, coaching ...

Jul 19, 2021 Posted by eLanka admin In Articles Tagged Kusal Janith Perera, Ranil Wickremesinghe

SRI LANKA NEWS (JUNE 2021) Compiled by Victor Melder United National Party (UNP) Leader Ranil Wickremesinghe was named as the Party’s National List Parliamentarian in the ninth Parliament. UNP Assistant Leader Akila Viraj Kariyawasam stated the decision was arrived at unanimously at the UNP Working Committee meeting held yesterday (31). While UNP secured one Parliamentary National List seat during the General Election 2020, the seat remained vacant until a decision was taken. However, UNP Chairman Vajira Abeywadena on 14 April stated that Wickremesinghe will enter Parliament through the National List within a month. He added even representatives of other parties are of the opinion that Wickremesinghe should occupy the National List parliamentary seat won by UNP. (Ceylon Today, 1.6.2021) Sri Lanka yesterday welcomed 19 tourists from eight passenger flights, after a 10-day restriction on inbound travelers. These travelers were disembarked at the Bandaranaike International Airport (BIA) from flights operated by Qatar ...

Jul 1, 2021 Posted by eLanka admin In Articles, Victor Melder Tagged Akila Viraj Kariyawasam, Ranil Wickremesinghe, SRI LANKA NEWS - JUNE 2021