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Election Commission should have the power to hold local government elections

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Chairman of the Election Commission Nimal G. Punchihewa said that it is not fair for the subject Minister to hold the power to postpone the conduction of the Local Government Election and that such a power should be possessed by the Commission.

Despite any reason to postpone the Election being justified, some parties may view that it was due to political influence, he pointed out, adding that the Election Commission, therefore, should have the power to postpone the holding of the Local Government Election.

The Local Government Election has been postponed until next March as per the powers of the Minister of Provincial Councils and Local Governments, but after September, the Commission will have the power to hold it, hence the immediate conduction of the polls being of importance, Punchihewa added.

He noted that the holding of the Provincial Council Election which has been dragged in for many years must also be expedited.

Following the decision to amend the Electoral System, the Provincial Council Election could not be held, but amendments to the general laws affecting the holding of the polls passed by Parliament could allow the Election to be held in the old system, he pointed out.

The matter has also been briefed at the Select Committee and the Provincial Council Election should be held as soon as possible after adopting the necessary legal amendments, the Commission Chief stressed.

MIAP

Govt purchases 844 metric tonnes of paddy

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As the Yala Season paddy harvesting has already commenced, the Agriculture Ministry has stated that the government has allocated Rs. 2,000 million to purchase farmers’ paddy crops at a reasonable price and will allocate more in the future.

Following complaints by farmers that mill owners of the private sector are purchasing paddy stocks for Rs. 80 – 90, the government decided to increase the price of paddy, leading to some of the major revisions in paddy prices, Rs. 120 per kilo of Nadu paddy, Rs. 125 per kilo of Samba paddy and Rs. 130 per kilo of Keeri Samba paddy.

Chairman of the Paddy Marketing Board Neil Alwis revealed that about 845 metric tonnes (844,960 kg) of paddy were purchased within three days of starting paddy purchase.

As of now, purchase of paddy is carried out through 73 paddy warehouses in the districts where paddy harvesting has commenced. The purchasing activities will continue today as well, Alwis said.

MIAP

Tea export volumes further down to 7.8 MnKgs in July 2022

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Sri Lanka’s biggest export commodity Tea has been hit hard by former President Gotabaya Rajapakasa’s overnight blow below the belt of the plantation sector with stupid green agriculture strategy without a proper plan.

Before the country’s economic crisis, tea exports accounted for $1.3 billion annually. But now, it has dropped to its lowest level in 23 years.

The tea industry suffered from the government’s decision to ban chemical fertilisers in May 2021. Former President Gotabaya Rajapaksa had imposed a total ban on chemical fertiliser and agrochemicals, in a bid to make Sri Lankan farming 100 per cent organic.

The sudden ban hit growers hard, with production falling to 148.05 Mn Kgs for the seven month period this year although the ban was lifted by October 2021 following backlash from the industry.

But farmers were unable to access imported fertilisers as the country simultaneously ran out of foreign exchange.

The tea exports for the month of July saw a decrease of 7.8 Mn Kgs when compared with the corresponding month of the previous year. 

The exports of Ceylon Tea for July totalled 22.76 Mn Kgs, where all the main categories showed a negative variance compared to July 2021.  

The cumulative analysis of the January to July 2022 period showed that the exports totalled 148.05 Mn Kgs for the seven months. 

Here again a decrease of 14.47 MnKgs is observed when compared with the 162.52 MnKgs exported in the corresponding period in 2021.

Iraq has remained as the major importer of Ceylon Tea, with an increase of 35 percent in imports year-on-year (YoY) for January-July 2022.

The United Arab Emirates (UAE) secured the second position, with a total of 12.77 MnKgs, a 5 percent increase against the total imports recorded for January-July 2021.

Russia sits in the third place, with a total of 12.34 MnKgs, followed by Turkey, Iran, Azerbaijan and Libya for the January-July 2022.

A significant decrease in imports is reported from Russia (22 percent), Turkey (58 percent), China (21 percent), Syria (26 percent) and Jordon (20 percent) YoY. 

Meanwhile, a notable increase in imports is recorded from Azerbaijan (6 percent), Libya (8 percent), the USA (8 percent), Saudi Arabia (7 percent), Germany (20 percent) and Poland (16 percent) YoY, as expanding markets for Ceylon Tea.

SL Tourism promotes Murugan-Shiva Shakthi trails among Hindu Pilgrims  

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Sri Lanka Tourism Ministry has initiated a new Indian tourist promotion plan titled Murugan-Shiva Shakthi trails offering for Indian pilgrims by Air to visit North and East to places of Hindu worship.

Pallay International airport has been redeveloped to facilitate flights from New Delhi to Jaffna, tourism officials said.  

Sri Lanka’s tourism officials, conscious of the dire need to shore up the country’s economy, plan to woo a greater number of Indian tourists, who constitute the single largest segment of foreign tourists, through new packages such as the Murugan-Shiva Shakthi trails.

Their optimism stems from the fact that there is a proposal to resume air passenger services from the Palaly airport, in Jaffna, to destinations in the southern part of India. .

Tourism minister Harin Fernando who was in Ahmedabad Journalists “We are trying to bring in a big crowd at once about 2,000 pilgrims to Jaffna airport, and from there starting by road.

‘We are looking at exploring these new avenues. We also have a lot of wellness, yoga, meditation and Ayurvedic medicines. There are a lot of values that India and Sri Lanka share,” the minister said.

As part of the Murugan trail, two important places — Nallur Kandaswamy or Murugan temple in Jaffna of the Northern Province, and Kataragama of the Uva Province in the southeast — have been included.

Referring to the ongoing 25-day-long festival in Nallur (which concludes on August 27), Chalaka Gajabahu, Chairman of the Sri Lanka Tourism Promotion Bureau, told a group of journalists, from India, recently, in Colombo, that the festival was expected to draw over a million devotees, including 1,00,000 from the diaspora. A “special calendar” of events was being prepared for Hindu devotees.

Answering to a question raise by an Indian Journalist as to whether the Northern Province would be a regular feature in the packages for tourists, Mr. Gajabahu replied in the affirmative and asserted “we have been actively promoting the North on trade FAMs [familiarisation trips].” The East, too, would receive more focus in view of its diverse cultural significance that encompassed Islam. However, he conceded that marketing of the North had not been done “much.”

The question was raised, in the context of coverage of Naguleeswaram in Jaffna and Thiruketheeswaram in Mannar, both coming under five abodes of Lord Shiva in Sri Lanka, in the new Murugan trail.

The other three abodes included Thirukoneeswaram temple, Trincomalee, in the Eastern Province, Munneeswaram temple in the north-west and Tondeeshwaram temple, near Matara, in the south. The trail would also include shrines such as Nagapooshani Amman temple and Nagadeepa Purana Vihara, both in Nainativu, off Jaffna.

IMF asks Govt to give an assurance of public debt sustainability

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The International Monetary Fund  has requested the government to make a commitment on foreign and domestic debt sustainability expressing the need of “adequate assurances” from Sri Lanka’s creditors for a new program as it prepares a visit to Colombo later this month.

The aim of the visit is to make progress on a staff-level agreement for an aid package “in the near term,” to help the island nation weather a severe economic crisis, the IMF said on Friday. Staff from the global lender will be in Colombo from August 24 to 31, the IMF said.

“Because Sri Lanka’s public debt is assessed as unsustainable, approval by the IMF Executive Board of the Extended Fund Facility program would require adequate assurances by Sri Lanka’s creditors that debt sustainability will be restored,” the IMF said.

President Ranil Wickreamsinghe also highlighted the need of domestic debt restrucring as domestic borrowings have increased in massive prpotions recently.

At least two recent public meetings President Ranil Wickremasinghe categorically stated that domestic debt stock was serious and it needs to be restructured as well and that external consultants were looking into it.

He told the Organisation of Professional Associations (OPA) annual conference and awards ceremony held in Colombo this week that Sri Lanka’s International Sovereign Bond (ISB) holders may exert pressure on the government to restructure the domestic debt.

He noted that they alone may not be keen to accept a steep haircut under a debt sustainability plan, which is a prerequisite to secure an International Monetary Fund (IMF) bailout.

Total outstanding domestic debt was Rs. 12 trillion as at the end of March 2022 while the gross domestic borrowings of the Government surpassed Rs 1.6 trillion in the first four months of 2022, Finance Ministry data shows.

Around 60 percent of the domestic borrowing (over Rs. 1 trillion) was raised from Treasury bonds, 31 percent  (Rs. 518.2 billion) from Treasury bills, and 4.4 percent  (Rs 73.8 billion) through provisional advances from the Central Bank, and Rs 65.6 billion was raised from Sri Lanka development bonds.

However domestic debt has already received upfront hair cut via over 60 percent inflation and inclusion debt restructure could cause financial instability, several economic experts warned.

Contradicting the President’s view of possible restructuring of massive domestic debt, Dr Weerasinghe point-blankly ruled out even such an eventuality adding that there was no need to restructure domestic debt at present as the monetary authority has taken measures towards debt sustainability.

Dr Weerasinghe disclosed that still there was no request for domestic debt restructuring and the Central Bank is fully convinced that it would be able to make it sustainable.

“The government position is to re-structure external debt,” Dr Weerasinghe said adding that the banks liquidity position will be affected by domestic debt restructuring.

Reuters reported on Thursday that Sri Lanka will ask Japan to invite the Indian Ocean island’s main creditor nations, including China and India, to talks on bilateral debt restructuring.

The loan package being negotiated with the IMF is for between $2 billion and $3 billion according to President Ranil Wickremesinghe, who said he would present an interim budget in September focusing on fiscal consolidation measures agreed with the IMF.

The country of 22 million people is facing its most severe financial crisis since independence from Britain in 1948, resulting from the combined impact of the COVID-19 pandemic and economic mismanagement.

Ordinary Sri Lankans have been battling shortages for months amid crippling inflation and a devalued currency, stoking unprecedented mass protests. Thousands of people stormed the colonial-era presidential residence in Colombo, the commercial capital, in early July.

Sri Lanka’s total bilateral debt earlier this year was estimated at $6.2 billion as of the end of 2020 by the IMF. It also has $14 billion of international sovereign bond debt.

John says Ranil can fix the Economy

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Former Minister John Ameratunga says the only politician who can fix the economy and get Sri Lanka out of this financial morass is President Ranil.

He has wide experience having worked with several Presidents, Amaratunga noted.

Further he noted, Ranil has many international connections that is crucial as this moment for the country.

“We need to give him the support. All parties should unite until Sri Lanka comes out of this crisis.”

Ameratunga was the first nominated member of parliament in 1978 and was a parliamentarian for 41 years.

Sri Lanka to attract more Indian tourists amidst present challenges  

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Sri Lanka Tourism Ministry is trying its level best to improve and promote tourist arrivals amidst unprecedented challenges of economic crisis and image tarnishing of Galle face green protesters by forcibly occupying makeshift tents near leading hotels in Colombo, official sources claimed.

It has been revealed that some of the leaders had gained forcible occupation in five star hotel rooms near Galle face green and presidential secretariat in Colombo forcing foreign travellers to cancel the hotel bookings.

Be that as it may, the Tourism Development Authority headed by an experienced and veteran professional in the industry at present Priyantha Fernando in collaboration with tourism sector stakeholders in implementing multi pronged strategy to attract more tourists even in the present crisis situation.

In an effort to woo Indian tourists into the island nation, Tourism minister Harin Fernando who was in Ahmedabad said that as things get back to normal after the recent political crisis in the island nation, the government aims to receive at least 10 lakh tourists this year, mostly from India.

Fernando, noted that religious and cultural tourism between Sri Lanka and India “will make a lot of sense”.

“There are a lot of commonalities we can find with India, and we think the next year will be mostly dedicated to India,” Fernando told reporters.

Sri Lanka has already logged five lakh tourists for the current year, and hopes to end the year with 10 lakh tourists, mostly from India, the minister said.

Tourist arrivals to Sri Lanka edged up to 47, 293 in July compared to 32, 856 arrivals in June, though down from the peak of 106, 500 arrivals in March, just before the start of the unraveling of the political unrest triggered by the economic crisis, the worst in Sri Lanka’s post-independence history.

India accounted for the highest number of tourist arrival since July with 6, 031 Indians visiting Sri Lanka during July. Germany came up second with 3, 666 tourists and France in third place with 3,567 arrivals.Over 1, 900 visitors from the Russian Federation visited Sri Lanka during July. 

The top three source markets for Sri Lanka during the first seven months were India with 74, 790 arrivals, United Kingdom with 58. 879 arrivals and the Russian Federation with 48, 321.For the first seven months of the year, cumulative tourist arrivals to the country stood at 458, 670.

According to Central Bank data, Sri Lanka received just US$ 59.1 million from tourism in June, slightly up from US$ 54.3 million earned in May, but less than a third from US$ 191.5 million generated in March. With the June numbers, Sri Lanka had earned a cumulative US$ 739.8 million from tourism from a total of 411,377 visitors in the first six months of 2022.

He further said 2018 was the best for the country when around 23 lakh tourists visited and generated a revenue of $4-5 billion for the country, he said.

“We have $900 million coming from the tourism sector (so far this year), and are hoping that by the end of the year we might reach about $2 billion,” Fernando said.

The country hopes to end this year with 10 lakh tourists and the next year with 15-20 lakh tourists, he said.

Things have again started to pick up and currently, the country has been receiving close to 2,000 tourists per day (as against the peak of 7,000 per day), he said.

Sri Lankan cricketer Sanath Jayasuriya, who is the brand ambassador for Sri Lanka tourism, said his countrymen have realised that they need to come back to normal life.

“Sri Lankans want stability with the new government. People have seen this change with the fuel crisis and gas, and we do not have long queues anymore. That is what people need,” Jayasuriya said.

SJB secures tremendous victory at Dehiattakandiya Cooperative Society

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The Samagi Jana Balawegaya (SJB) secured victory in all the 12 constituencies where voting was held in the Dehiattakandiya Various Services Cooperative Society yesterday (20).

The Dehiattakandiya Various Services Cooperative Society has 15 constituencies and 12 of them were called in for a vote yesterday.

The SJB won some of the constituencies of the Dehiattakandiya Various Services Cooperative Society without any objections, according to Party Electorate Organiser Gayan Darshana.

MIAP

My objective is to build the country by bringing everyone together: President

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While other countries in the world are moving forward day by day with their achievements, Sri Lanka was going in the opposite direction as the parties did not work together, and that historical mistake should be corrected by uniting everyone for the country’s progress, said President Ranil Wickremesinghe, during his visit to Anuradhapura to engage in religious rites and pay homage to the Chief Sanghanayake of the North Central Province, Dr. Most Venerable Nugathenne Pannananda Thero at the Sambuddha Jayanthi Maha Vihara Temple yesterday (20).

During his visit to the historic city of Anuradhapura, the President also paid homage to Chief Incumbent of the Jethavanarama Vihara Temple Most Venerable Ihala Halmillewe Ratanapala Thero, Chief Administrator of the Abhayagiriya Rajamaha Vihara Temple Rajakeeya Pandit Venerable Kallanchiye Ratanasiri Thero, and Chief Incumbent of the Isurumuniya Rajamaha Vihara Temple Dr. Venerable Mathawa Sumangala Thero and obtained their blessings.

The Maha Sangha delivered blessings for the successful administration of the country and wished the President the strength and the courage to provide solutions to the burning problems of the people of the country.

Opposition Leader’s sister summoned to CID (VIDEO)

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Dulanjali Premadasa, sister of Leader of the Opposition Sajith Premadasa, was summoned to the Criminal Investigation Department (CID) yesterday (20) to record a statement regarding the burning of the private residence of President Ranil Wickremesinghe.

On her way out of the Department, Dulanjali told the reporters that she arrived in the CID to produce a statement as she was also present near the incident and that she was asked to produce a statement for the investigations.

MIAP