Monday, April 28, 2025
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Sri Lanka Original Narrative Summary: 26/11

  1. Defence State Minister Pramitha Bandara says SL has started “right sizing” its military to reach 150,000 by 2030: says the reduction won’t have any impact on national security since the forces would be strengthened with modern technology: reductions to be – Army to 100,000, Navy to 30,000, & Air Force to 20,000.
  2. CB weekly data shows that foreign “hot-money” investment in Govt T-Bills & Bonds is continuing its rapid exodus: records a massive reduction from Rs.159.2 bn (USD 492mn) on 30th Sep’23 to Rs.130.6bn (USD 397mn) on 24th Nov’23: currency depreciating pressure expected to escalate as more nervous “hot-money” investments continue to flee, after having made massive profits and gains.
  3. Speaker Mahinda Yapa Abeywardene says a decision was taken at the Party Leaders’ meeting to carry on the Committee on Public Enterprises inquiries on Sri Lanka Cricket without Professor Ranjith Bandara as the Chairman.
  4. Foreign news report says 20,000 SL workers are getting ready to fly to Israel in December’23 to work as farmhands for nearly 10 times the pay, despite Israel’s war with Hamas: also says SL is desperate for dollars and remittances.
  5. Muslim Congress Leader MP Rauff Hakeem says SL expatriate workers who are sent to Israel are to be given military training: Minister of Labour Manusha Nanayakkara denies the allegation.
  6. Energy Minister Kanchana Wijesekera says the CEB received an additional income of Rs.16bn last month as hydropower generation took place at full capacity due to heavy rains: also says a similar or higher income is expected this month as reservoirs have reached full capacity and hydropower is generated at full capacity.
  7. Police sources report that IGP C D Wickramaratne had announced he will retire from the position, effective from 25th November’23: albeit having to retire from the police service on 26th March’23, Wickramaratne’s tenure had been extended 4 times.
  8. Four police officers arrested in connection with the death of a person who was in remand custody at the Jaffna Prison: remanded until 4th Dec’23.
  9. Police Constable Krishnamoorthi Prathapan, 26, who drowned after having jumped into a canal in Ja Ela in pursuit of a suspect, promoted posthumously to the rank of Sergeant.
  10. Feud between SL Cricket and Ministry of Sports escalates after SL Cricket accused the Ministry of misleading the public over how funds of the SLC board were spent, and interference in World Cup 2023 selection.

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