Tag: Ali Sabri

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Finance Minister Ali Sabri sworn in as the new Minister of Justice

Finance Minister Mohamed Ali Sabri has been appointed as the new Minister of Justice. Accordingly, he was sworn in before President Gotabhaya Rajapaksa yesterday (26)...

Finance minister talks of dollar float while former CB Chief explains rupee float

Sri Lanka Finance Minister Ali Sabri in an interview with Bloomberg on the sidelines of IMF spring meetings in Washington on Thursday noted that...

Ali Sabri meets the Managing Director of IMF and requests for an RFI

Minister of Finance Mohamed Ali Sabri met with the Managing Director of the International Monetary Fund, Crystalina Georgieva. It is headquartered at the International Monetary...

Taxes and fuel prices will have to be increased further in the next 6 months – Finance Minister

Taxes and fuel prices are set to rise further in the next six months, Finance Minister Mohamed Ali Sabri said. He has stated that although...

Finance Minister Ali Sabri to leave for Washington to hold talks with IMF

A delegation including Finance Minister Mohamed Ali Sabri is scheduled to leave for Washington on April 18 to hold talks with the International Monetary...

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Foreign Bond Sell-Off Exposes Sri Lanka’s Fragile Rupee Stability

Foreign investors have resumed selling Sri Lanka’s rupee-denominated government...

NPP’s Reform Promise Collides with Sweeping New Detention Powers

Sri Lanka’s proposed Prevention of Organised Crimes Bill has...

Japan’s Rs. 600 Million River Project Faces Sri Lanka’s Pollution Accountability Test

Japan’s commitment of more than Rs. 600 million to...

Vasu Calls for Substantial Public Relief in Budget 2027

Former Minister Vasudeva Nanayakkara has urged the Government to provide substantial financial relief to the public through the 2027 Budget, warning that failure to address the economic hardships faced by ordinary people could trigger growing public dissatisfaction and stronger political criticism. He said the Government must prioritise meaningful financial assistance, tax reductions and stronger social safety nets in the upcoming budget to ease the burden on households. Nanayakkara warned that public anger towards the Government could increase significantly if adequate relief was not provided, noting that people were already facing severe economic difficulties. He also observed that public expectations for Budget 2027 were particularly high, especially regarding measures to ease inflationary pressures, revise taxes and strengthen social welfare assistance. Commenting on the political climate, the former minister said there was currently no significant active opposition to the Government among ordinary people. He cautioned, however, that the absence of strong public resistance meant that the implications of certain laws and measures described as anti-democratic were not yet being widely felt, despite the potential threats they could pose to individual freedoms and democracy in the future.

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