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Suresh Goonesekere: the Thomian ‘master blaster’ of everyday life

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By Krishantha Prasad Cooray

Suresh Goonesekere would have turned 50 today, just over a year after his tragic death left his family and friends bereft of his kindness, generosity, strength of character and permanent grin. Being one of those friends, who knew him from childhood, it is still hard to believe that he is gone. We were more than mere friends. Growing up, we attended Thomas’ College, Mt Lavinia together and our childhood homes were close to each other.

In our adulthood, our lives crossed paths in so many delightfully unpredictable ways, each one leaving me with memories of joy, human kindness and good times. Knowing that we have crossed paths for the last time leaves a void in me that I cannot fathom how to fill. Whatever else may ever have been uncertain in this world, Suresh’s presence, his kindness, his loyalty and his compassion were never in doubt.

Suresh lived most of his adult life in Singapore and in England. Whenever my travels took me to either country, we would meet without fail, almost like a ritual or tradition. So, it was not unusual for him to invite my family over to dinner when we were visiting Singapore a little over two years ago.

It was quite a random invitation, very typical of Suresh. He knew that I was not going through the best of times. I had not told him as much, but he made it his business to know about the wellbeing of everyone close to him.

As it so happened, the day he hosted us also happened to be my birthday, a fact that my wife casually mentioned over dinner. Suresh’s response came instantly. He said, ‘Adey KP, we have to celebrate tonight,’ before proceeding to order a bevvy of whiskey, wine and even more food. In a flash, he transformed a low-key reunion dinner into a massive and humbling celebration.

As we celebrated, he insisted that he and I take a photograph. I didn’t know then that this picture, with Suresh’s arm around my shoulders, would become one of the most precious photographs I would ever possess, one that I will cherish forever.

That was Suresh in a nutshell – always going out of his way to make you feel delighted, special and happy.

It wasn’t enough. After dropping my wife and daughters at home, he insisted that he and I stay out. He treated me to several more hours of merriment, as we went from bar to bar and club to club.

Everywhere we went, people recognized Suresh and greeted him. When he introduced me as his friend whose birthday he was celebrating, everyone bent over backwards to ensure that we enjoyed ourselves.

Although we spoke often on the phone, that night in Singapore was the last time I saw Suresh in person. A year and a half later, on the 31st of July, 2021, he left us all, after having suffered a heart attack.

I have often agonized about his last moments of consciousness. The only solace to be found is that the final moments that Suresh experienced were of the two things that he enjoyed the most in this world: playing golf, and that too above all else, doing so with his son Zidan, who was the light of his life.

There is no gainsaying that Suresh was gifted, in more ways than one. Some say that cricket was in his genes. His father Premalal had also captained St Thomas’ and led the team to a memorable victory at the Big Match of 1964. The year Suresh captained that same team, it was adjudged the best all-island team. What is remarkable is that he was also an outstanding student, securing 3 A’s and a B at his Advanced Level Examination, which, most contemporary Thomians would tell you, was quite rare for a cricket captain.

After college, he went on to become not just a fully-fledged accountant but a highly respected banking and finance professional, serving in senior roles internationally at Deustsche Bank, HSBC, ABN Amro and finally for over a decade at Standard Chartered Bank.

That Suresh was gifted is therefore on record. There are boxes full of awards, certificates, and qualifications to prove it. But there are no awards or certificates for heart. If there were, there would not be enough room on this earth to fit all of those that Suresh would have earned in the nearly 49 years that he walked this earth.

He was endowed with amazing human qualities that were an inspiration to everyone around him. His was a heart of gold. He was always easy-going. If you were doing well in life, Suresh was rarely to be seen. But he would show up and stand by you without fail if ever you faced a crisis.

I have never heard him run down or complain about anyone. He was a very special friend who never ever took his friendships for granted. He had a deep understanding about true friendship and loyalty, family values, duty to one’s country, fiduciary responsibility, and every other ethical compass that one needs to be considered honest, reliable and beyond reproach.

I have so many memories of Suresh that I cannot pen them all down. His father offered me my first ever job. As I came to associate Premalal, I couldn’t help my amusement at how similar the speaking patterns were of both father and son. I would imitate their high-speed mumbling and energetic monotones around our friends, and Suresh had the good humour to laugh with us.

Suresh learned to look after his family early on in life when he lost his father. He did his best to fill those enormous shoes, standing by his family, dedicating himself to look after his mother and younger brother. I cannot get my head and heart around the fact that all those who had grown to rely on him, who had experienced the constant peace, joy and security that he brought into our lives, now have to live without this wonderful human being in our lives.

He met his wife Yoshi in our childhood, and I was close enough to him to vouch for the fact that she was the only woman with whom he ever fell in love when their romance blossomed through their teen years.

Every time I saw him make any decision, I watched him “run the numbers”, like an actuary, on how it would affect Yoshi, their son Zidan, and Suresh’s mother Shanti and brother Ramesh. His number one priority was always their wellbeing. Despite all his own accomplishments, Suresh’s proudest moment was when he learned during the height of Covid that Zidan had been admitted to King’s College in London, to study history and politics.

So many of us would have given anything for the opportunity to have Suresh play a longer innings. But no one can deny that the 48 he scored was graceful, captivating and flawless. He looked every single ball in the eye and played each shot with finesse and his signature irascible smile. He never ran anyone out and never lost hope, no matter the odds.

He played fair. He heeded the counsel of the non-striker and was generous with his advice. He played always for his team and never for himself. He played like the gentleman he was. It was an exemplary innings, an example to us all. Having watched from beyond the boundary, it was a privilege to witness his time at life’s crease – a sight to behold.

Today, I so very much wish I could have called Suresh, wished him a happy 50th birthday, swapped yarns and reminisced about the old days. Instead, I hope he can hear me from his perch in the heavens, that he can feel our wishes, that he knows how much he is missed, and knows that his memory will always brighten up our days.

State Minister of Foreign Affairs Tharaka Balasuriya leads Sri Lanka’s delegation to the Sixth CICA Summit in Kazakhstan

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Leading Sri Lanka’s delegation to the Sixth Summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) in Astana, Kazakhstan from 12-13 October 2022, State Minister of Foreign Affairs Tharaka Balasuriya called on CICA to focus on the challenges encountered by the membership. He stressed the need to remain firmly committed to collectively identify the challenges, find viable solutions and follow the right strategies towards promoting inclusive and equitable growth in the region.

Minister Balasuriya made these observations when he addressed the Sixth Meeting of the Heads of State or Government of CICA in Astana, Kazakhstan on 13 October 2022. Speaking further, the State Minister of Foreign Affairs also stated that as an island with vast potentials in tourism, Sri Lanka encourages focus on tourism which is an important industry in Asia which has the capacity to strengthen bonds of understanding and friendship among the nations. He recalled that in 2021, Sri Lanka, in the capacity as the co-coordinator of Confidence Building Measures in Tourism, successfully conducted a  ‘Virtual Business to Business  Interactive Session with the CICA Member States to Enhance Tourism Cooperation’.  

He also drew attention to Sri Lanka’s proactive role in CICA by pointing out the country has proposed several other activities to the CICA work plan aiming at greater integration and cooperation within the Tourism Industry in the region. Minister Balasuriya stated that Sri Lanka looks forward to receiving the fullest cooperation towards the successful implementation of these projects in the coming years.

Minister Balasuriya also expressed appreciation to the host Government of Kazakhstan for steering the sessions successfully as the current Chair of CICA and the role played by the CICA Secretariat which has given further impetus to the CICA process.

He also attended the luncheon hosted by the President of Kazakhstan Kassym-Jomart Tokayev, to the Heads of State or Government and delegation, attending the Summit. 

State Minister Balasuriya who was accompanied by the Acting Additional Secretary at State Minister’s Office and Public Diplomacy, Sithara Khan, also met with Ministers from India, Kazakhstan and Azerbaijan on the sidelines of the Summit. 

State Minister Balasuriya was also interviewed by the TV and Radio Complex of the President of the Republic prior to the commencement of the Summit.

CICA, which recently celebrated its 30th anniversary, is a multi-national forum for enhancing cooperation towards promoting peace, security and stability in Asia, which was formed on 5 October 1992, at the 47th Session of the United Nations General Assembly. With 27 Member States comprising approximately half the global population, CICA is the largest regional intergovernmental forum in Asia.

Ministry of Foreign Affairs 

Colombo

14 October, 2022

TISL calls for critical amendments and public consultation on the proposed Anti-Corruption Law 

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  • Calls for better and equitable law enforcement in relation to corruption
  • Asks for public input to be incorporated into proposed Anti-Corruption Bill
  • Makes key recommendations on the proposed Anti-Corruption Bill

Transparency International Sri Lanka (TISL) welcomes the government’s initiative to bring to the forefront the Anti-Corruption Bill that has been in the making for several years. The Bill (made public at www.tisrilanka.org) contains many laudable provisions that seek to improve upon existing law. TISL notes, however, that no public comments have thus far been incorporated, and remains seriously concerned that what proposes to be a seminal piece of legislation may be rushed through Parliament, with very little room for public intervention on its critical details and implications.

With news of the proposed Bill being sent for the Attorney-General’s assent, TISL and several others have provided their comments on the Bill to the Ministry of Justice within the very short period that was indicated. However, it remains unclear whether any public comments on key policy and procedural choices are being considered prior to the Bill being presented in Parliament. This law seeks to replace the Bribery Act, the Commission to Investigate Allegations of Bribery or Corruption Act and the Declaration of Assets and Liabilities law.

While appreciating the need to address the issue of corruption in the country as a priority, TISL notes that Sri Lanka does not lack laws to deal with bribery and corruption even at present. It is the enforcement of these laws that remains woefully inadequate. Law enforcement has demonstrated to be ineffective in prosecuting instances of grand corruption on multiple occasions, where key cases have been discontinued due to technical errors, coupled with deeply problematic withdrawals that have led to critical concerns being raised regarding the independence, resourcing and expertise of law enforcement agencies. It is in this background where Sri Lanka is struggling to effectively and equally apply even the existing anti-corruption laws, that a new Anti-Corruption law is being proposed by the government. TISL seriously notes that the independence of any proposed anti-corruption body from the Executive could only be assured, if any forthcoming Constitutional amendment adequately provides for the same.

TISL’s observations on the Bill includes ensuring that public access to declarations of assets and liabilities is made mandatory, taking steps to prevent the abuse of investigative powers of the proposed Commission, ensuring the independence of the Commission, increasing the penalties, effectively addressing private sector corruption and ensuring that the proposed Commission has the liberty to coordinate with other law enforcement entities and to make information publicly available about the progress of investigations. TISL also notes that the proposed law does not cover significant parts of the United Nations Convention Against Corruption (UNCAC) that Sri Lanka is a party to, such as international asset recovery and the regulation of election campaign finance.

TISL Executive Director Nadishani Perera stated, “It is important that laws are not enacted in a vacuum. They must take into account the context in which they are brought in. Corruption in Sri Lanka cannot be “solved” instantly by law alone. It takes political will, genuine commitment of multisectoral actors, essential systemic reforms and a cultural change to root out corruption from the highest to the lowest level.”

In view of the above, TISL earnestly calls upon the government to prioritise law enforcement, using the existing law to maximum effect against perpetrators of corruption. TISL also calls upon the government to ensure a transparent, consultative process prior to bringing the proposed Anti-Corruption Bill into Parliament at this crucial juncture of the country, in order to gain public ownership and to avoid technical or procedural shortfalls.

Fixed deposit service for senior citizens terminated

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The Central Bank of Sri Lanka has issued a circular terminating further opening of special fixed deposit services for senior citizens.

Accordingly, all commercial banks will be prevented from opening new fixed deposits for senior citizens and those already opened will not be renewed after reaching maturity.

Commercial banks of Sri Lanka for many years provided a higher interest of 15 per cent for a maximum fixed deposit of Rs. 1.5 million for senior citizens and following the revision on interest rates even a normal fixed deposit of Rs. 1.5 million earns an interest of 23 per cent.

Accordingly, the termination of fixed deposit service for senior citizens will not be a loss for the customers at all, commercial banks opined.

MIAP

President instructs District Secretaries to provide immediate relief to those affected by bad weather

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President Ranil Wickremesinghe instructed all the District Secretaries to coordinate the relief work with the help of the Disaster Management centre for those affected by the prevailing bad weather conditions.

The President has also mentioned that all necessary provisions have been allocated through the Ministry of Finance and has directed the officials to provide all necessary facilities including food and medicine to the affected people. He has advised the officials to pay special attention to the sanitary facilities of the affected people.

The President further instructed the District Secretaries to work in coordination with all the Divisional Secretaries and officials of the line ministries to get the support of government officials and the armed forces in this relief program.

According to the Disaster Management Centre report as of October 16 2022, 15,404 families in 52 Divisional Secretariats have been affected by the strong winds, landslides and floods that affected 11 districts namely Trincomalee, Galle, Kilinochchi, Kalutara, Gampaha, Colombo, Puttalam, Ratnapura, Kandy Hambantota and Kegalle.

Due to the prevailing bad weather conditions, 03 people are reported dead and two people are reported injured across the island. The report stated that 05 houses were completely damaged and 193 were partially damaged.

It stated that 1,927 people from 439 families who were affected by the bad weather are being held in 21 safe centres across the island.

PMD

SLPP frontmen urge BR to return and take Premiership!

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A number of front figures of the Sri Lanka Podujana Peramuna (SLPP) have reportedly urged Party Founder and former Minister Basil Rajapaksa to return to Sri Lanka and accept the Premiership, which is currently held by Dinesh Gunawardena, who is the Leader of the Mahajana Eksath Peramuna, an ally to the Ruling Party, in order to keep the country’s leadership line a ‘pure breed’, political sources disclosed.

Accordingly, many frontmen of the SLPP, including Johnston Fernando, have urged the former Finance Minister to immediately return to Sri Lanka and take over the post, in the objective of giving back what they claim as a strong leadership to the Party in its broader goal of returning to power.

MP Rohitha Abeygunawardena, who is currently in the United Kingdom, has also phoned Basil Rajapaksa making the same request.

When Basil departed for the United States, he was intending to stay there until January next year, but the growing demand from the SLPP could likely to change his mind, raising the possibility of his return, according to sources.

MIAP

Protests swarm across Nawalapitiya against MR’s return. People arrested

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People of Nawalapitiya gathered in large numbers to form a protest against the arrival of former Prime Minister Mahinda Rajapaksa, who attended the Sri Lanka Podujana Peramuna (SLPP) Electorate Convention in the area today (16).

Heavy police force was deployed to control the protests, leading to escalation and even several arrests.

Among the arrestees are supporters of the Samagi Jana Balawegaya (SJB), correspondents told LNW.

MIAP

FAO, IFAD and WFP renews commitment of strengthening SL food security

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The Food and Agriculture Organization of the United Nations (FAO), together with the International Fund for Agricultural Development (IFAD) and the United Nations World Food Programme (WFP), marked World Food Day renewing commit on Sri Lanka food security at an event held under the auspices of the Prime Minister. Dinesh Gunawardena.

Through a video message shared at the event, Sri Lankan President. Ranil Wickremesinghe said “Sri Lanka is at a crucial and critical juncture with high levels of food insecurity.

He disclosed the United Nations system, multilateral and bilateral partners, and the donor community for joining hands and building this strong partnership to address the current crisis, “he said.

Delivering the keynote address at the event the Prime Minister, . Dinesh Gunawardena pointed out that with nearly 30 to 35 percent of the population directly or indirectly dependent on agriculture for their livelihood,

Sri Lanka needed to invest deeply in modernizing and developing the agriculture sector, adding that his “government is fully committed to achieving this gigantic task. Agriculture and food security remain a national priority.”

FAO Representative for Sri Lanka and the Maldives, Vimlendra Sharan emphasized the organization’s commitment to helping Sri Lanka build back better during this time.

“FAO is committed to working with the government to ensure that the most vulnerable fishers and farmers, crucial to ensuring food security in Sri Lanka, are protected from the worst impacts of the crisis.

It is providing essential agriculture inputs, such as seeds and fertilizer, through the support of their partners to boost production and help Sri Lanka move towards becoming a food secure nation,” he said.

Sherina Tabassum, IFAD’s Country Director for Sri Lanka and the Maldives, underlined the fundamental role of smallholder farmers in guaranteeing food security for a community and for a country. “

The goal is to ensure that the backbone of our food system – smallholder farmers – are prepared for, and can overcome, the devastating effects of the pandemic, climate change and other external shocks.

IFAD is committed to continue our work with the government to sustainably transform Sri Lanka’s food systems so everyone can benefit.” she added.

Gerard Rebello, Officer in Charge at WFP, Sri Lanka highlighted that urgent action was needed to safeguard the most vulnerable and marginalized communities from the impacts of the crisis.

“WFP has commenced its emergency operation to provide food and nutrition assistance to 3.4 million people. It is also continuing to work with smallholder farmers to make food systems more robust and resilient to climate-induced shocks so that food travels uninterrupted from farm to table, even during times of crises,” he said.

FAO, IFAD and WFP together with the United Nations system in Sri Lanka are on the ground delivering emergency cash assistance, essential fertilizer and livelihood support to the most vulnerable communities in affected districts

IMF works with multilateral lenders on financing programmes for Sri Lanka

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The International Monetary Fund is working with other multilateral lenders including the World Bank, and the Asian Development Bank (ADB) on financing programmes for Sri Lanka, the IMF’s Deputy Director for Asia Pacific says.

According to Anne-Marie Gulde-Wolf, policies under other multilateral lenders in their areas of expertise will be important to resolve Sri Lanka’s long-term growth problems.

Meanwhile, the Managing Director of the International Monetary Fund (IMF) has stated that the global financial agency is pressing for a more debt resolution mechanism.

“Sri Lanka’s financing programs would help for closing the financing gap. But she said that the policies under the other multilateral lenders in their areas of expertise will be important to resolve Sri Lanka’s longer term growth problems,” she said.

Responding to a question on a possible downgrade of Sri Lanka, Anne-Marie Gulde said that Sri Lanka is a middle-income country and remains a middle-income country even with the decline in GDP.

Delivering the opening remarks at the press conference for the 2022 Annual Meetings of the IMF and the World Bank Group (WBG), Kristalina Georgieva said, “We want the G20 Common Framework to become more predictable, with clear guidelines and equality of treatment for all creditors, public and private.”

She also remarked that the IMF is also looking for ways to expand that kind of donor coordination to middle-income countries, such as Sri Lanka.

“There is a lot to do this week. We must act urgently, and act together to make a difference in the lives of hundreds of millions of people,” Georgieva said further.

Sri Lanka’s government officials from the finance ministry and the central bank held its first in-person meeting with the country’s largest sovereign overseas bondholders in Washington on Thursday

The gathering on the sideline of the International Monetary Fund and World Bank annual meetings convened amid debt restructuring talks for $13 billion. Some private creditors also joined the meeting virtually, the sources said.

Amundi Asset Management, BlackRock, HBK Capital Management, and T. Rowe Price Associates Inc are among members of the creditor group’s steering committee.

The move comes after the island nation of 22 million fell into default after a 30-day grace period on a $78 million coupon payment expired earlier this year.

The government did not provide any proposal on how a debt restructuring would look, said several top officials who asked not to be named because the talks are private.

“It was a good exchange, but we are still at an early stage,” they said, adding that creditors urged the government to provide information in real time on the country’s debt-sustainability analysis.

Central Bank Governor Nandalal Weerasinghe and Treasury Secretary Mahinda Siriwardena led the meeting from the government side, along with representatives of financial and legal advisers Lazard and Clifford Chance, the sources said.

Sri Lanka, which is struggling with its worst economic crisis in more than seven decades, reached a staff-level agreement with the IMF for a $2.9 billion loan in September, contingent on it receiving financing assurances from official creditors.

Deputy Director, Asia and Pacific Department at the International Monetary Fund, Anne-Marie Gulde, said that the conditions involve securing assurances from bilateral creditors and dealing with the private sector debt.

SL’s tax hike to hit Middle class discouraging small time investors into stocks

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Sri Lanka’s proposed tax hikes could force professionals out of the country as they discourage people who want to earn more and expand businesses, analysts say.

It will also hit the country’s middle income earners and the Middle class struggling to survive in skyrocketing inflation.

Sri Lanka’s proposed tax hikes could hit investments into stock markets from small timers as the new levies could wipe out a significant portion of disposable income, analysts say.

“These new tax hikes without considering the current inflation and cost of living will be the final nail in the coffin of the careers of professionals locally. They will look into migrate at any cost,” another analyst said.

The recent tax increases introduced by the government will result in massive social unrest, MP Patali Champika Ranawaka said.

“The lower middle class would fall into lower strata, while the upper middle class would become lower middle class because of tax increases. There will also be massive migration and Sri Lanka will become a human desert.

There will be social unrest at the end of the day.therefore the Central Bank and the Ministry of Finance will have to create a scientific tax regime,” the MP said in a special statement.

“There are no funds to pay salaries for the public servant. October is a difficult month. The Government cannot even think of how to pay salaries in November.the situation will be the same in December.

Government anticipate that it will be able to generate some funds with tax increases. Government is also forced to issue treasury bonds at a high rate of 37 per cent.the incumbent Minister of Finance and Central Bank Governor is following a similar approach just like their predecessors.

Taxes have been increased to sectors which cannot bear it by any means. Therefore, it is wrong to impose taxes without considering the situation of society. One should understand that tax increase could cause destruction,” the MP added.

The MP said the decision to make everyone who earns a monthly salary more than Rs 100,000 pay income tax would adversely affect a majority of both public servants and private sector workers.“This is the real situation though Rs 100,000 seems to be a high figure,” he therefore said.

“The sharp increase in personal income tax rates would discourage employment, negatively affect lives of the middle-class families and specially in an environment of high inflation could increase brain drain,” Danushka Samarasinghe, Chief Executive Officer/Director at Nation Lanka Equities (Pvt) Ltd said.

He said the tax proposals “seem to be more of a knee-jerk measure in boosting government revenues” in the short term though it could have negative medium-long term impact.

“The 30% tax rate could be a disincentive for investment and job-creation. Sectors which enjoyed preferential tax treatment would be disproportionately affected though it could be argued as creating a level playing field.