Opposition MP Kariapper tears report, slams Govt for not holding PC elections

MP Nizam Kariapper yesterday accused the government of breaking its promise to hold Provincial Council elections, criticizing what he called misleading statements and deliberate delays.

“President Anura Kumara Dissanayake once told this House that Provincial Council elections will be held. Not only that, he said the same on every election stage. But this week he came to Parliament and told us with a smirk, ‘how can I hold elections when there is no law, make this law and give it to me…’ I had to wonder if this speech was by President Anura Kumara Dissanayake or President Ranil Wickremesinghe,” Kariapper said.

He questioned why President Dissanayake, with majority control in Parliament, was seeking opposition support to draft necessary laws.

“We made laws. Our MP Rasamanickam drafted a law which was tossed in the bin. Then they came up with a report of their own, saying that a select committee must be formed to create our own mechanism. Isn’t it better to tell the people honestly and directly that you don’t want the provincial council election? Why are you lying to the public with these tricks?” He questioned.

Kariapper alleged that the government is intentionally avoiding elections, not due to fear of losing, but because of opposition to the provincial council system itself.

“You could have told this directly. I wished to vote in favour of the provincial council ministry as a gesture of respect for the minister. But you have destroyed the election. I will tear this report and oppose this,” he said, tearing the report in Parliament.

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SLFP suspends members who supported NPP to pass 2026 budgets at LG bodies

The party membership of eight Sri Lanka Freedom Party (SLFP) local government councilors have been temporarily suspended.

The SLFP has suspended the party membership of eight councilors for supporting the National People’s Power to pass the 2026 budget at several local government bodies, in violation of the party leadership’s guidance.

The SLFP stated that these individuals acted contrary to the notifications, instructions and guidance provided by the party. Accordingly, the matter will be reported at the next Central Committee meeting, and disciplinary action will be taken against the concerned members, the SLFP announced.

Temple land disputes: Buddha Sasana Council to compile report

The Amarapura Buddhist Sect stated that the newly established Buddha Sasana Council – which brings together the secretaries of all chapters of the Buddhist sects – will compile a detailed report on land related disputes involving Buddhist temples across the country.

Speaking to The Daily Morning, Secretary of the Sect, Ven. Balapitiye Siri Seevali Thera said that the secretaries of the three main Buddhist sects – Siam, Ramanna, and Amarapura – have been instructed by the relevant Chief Prelates (Mahanayakas) to prepare a clear plan on resolving land issues faced by Buddhist temples.

He further said that these matters would also be presented before the said Council, which was established under the current Government. “The Council is represented by the secretaries of all the 31 chapters of the Buddhist sects. We are planning to compile a full report on the problems faced by temples and to submit it to the authorities.”

The developments come amid growing criticism from the Buddhist clergy over the removal of a Buddha statue from the Sri Sambuddha Jayanthi Bodhiraja Viharaya in Trincomalee on 16 November of this year. The statue had been placed at the premises of the Viharaya – a temple registered since 1951 – following a foundation-laying ceremony earlier that day to restart the Dhamma School destroyed in the 2004 tsunami.

Police later informed the Chief Incumbent that the Coast Conservation Department had complained of an unauthorised construction. That night, Police officers removed the statue, resulting in protests from monks and residents. Two monks were later hospitalised, claiming that they were injured during the incident. The Public Security Minister Ananda Wijepala, addressing the Parliament, said that the removal was a precaution based on information that the statue could be damaged. The statue, which remained under Police protection, was later returned to the clergy and the villagers.

Meanwhile, the Court of Appeal (CA) yesterday (19) scheduled a hearing on 16 December to consider a petition seeking an injunction to prevent the implementation of an order issued by the Coastal Conservation Department to remove a part of the said Viharaya. The petition was filed by the Chief Incumbent of the Temple, Ven. Trincomalee Kalyanawamsathissa/Kalyanawansathissa Thera. During the proceedings, the Judge noted that it would be appropriate to resolve the matter amicably. Accordingly, both parties – including officials from the Department and their legal representatives – agreed in court that the Department would inspect the site and provide findings, based on which an appropriate decision could be made. The Justice ordered that the progress of the inspection be reported on 16 December when the petition is next heard. Until these procedures are completed, the CA instructed both parties to take measures to maintain peace in the area.

Moreover, the Buddhasasana, Religious, and Cultural Affairs Ministry stated recently that it was working on long-term solutions concerning religious sites built on lands once owned by residents in the Northern and Eastern Provinces. The Deputy Minister Gamagedara Dissanayake told The Daily Morning on an earlier occasion the Government should now prioritise returning such lands to their original owners, adding the Government intended to pursue case-specific approaches.

UK reaffirms commitment to protect religious freedom in Sri Lanka

The United Kingdom has reiterated its continued support for religious freedom and the protection of the rights of all faith communities in Sri Lanka, Parliamentary Under-Secretary Seema Malhotra told UK Parliament.

In response to a written question, Malhotra informed Parliament that the UK consistently raises concerns over religious tolerance and the safeguarding of the rights of all Sri Lankans to practice their faith without discrimination. The British High Commission in Colombo continues to engage with government officials, religious leaders, minority communities, and civil society groups to address concerns and encourage interfaith dialogue.

She highlighted that during a visit to Sri Lanka in January 2025, the former UK Minister for the Indo-Pacific met activists working on freedom of religion or belief, reaffirming Britain’s commitment to defending fundamental rights.

More recently, the current Minister for the Indo-Pacific met with Sri Lanka’s Speaker, Justice Minister, and other senior officials in October, where discussions focused on the importance of upholding human rights and ensuring an inclusive and transparent reconciliation process, she said.

Malhotra stressed that the UK remains committed to supporting Sri Lanka’s efforts to promote equality, religious coexistence, and long-term reconciliation.

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Proposal to Appoint Selection Committee for Provincial Council Elections to be Presented to Parliament

A proposal to review the existing legal framework pertaining to the conduct of Provincial Council elections — and to appoint a Selection Committee to fast-track the holding of the polls — is scheduled to be tabled in Parliament today.

The proposal will be presented by the Minister of Public Administration, Provincial Councils and Local Government, Prof. Chandana Abeyratne.

During today’s Committee Stage debate of the 2026 Budget, the expenditure heads of the Ministries of Public Administration, Provincial Councils and Local Government, and Labour are being taken up for debate.

Minister Abeyratne noted that the proposal would be formally presented during the course of the debate.

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Sri Lanka Secures USD 39M Debt Relief from Denmark

Sri Lanka has entered into a bilateral agreement with Denmark as part of its ongoing external debt restructuring process.

This milestone underscores Colombo’s unwavering commitment to achieving debt sustainability and revitalizing its economy.

The agreement follows extensive bilateral discussions after Sri Lanka concluded a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC). Under the terms, Denmark will extend a debt relief measure by rescheduling outstanding obligations amounting to USD 39 million.

The pact was formally signed by Dr. Harshana Suriyapperuma, Secretary of the Ministry of Finance, Planning and Economic Development, representing the Government of Sri Lanka, and Lars Løkke Rasmussen, Denmark’s Minister for Foreign Affairs.

The Government of Sri Lanka expressed its sincere appreciation to Denmark for its continued cooperation, noting that such partnerships are vital to rebuilding confidence in the country’s fiscal future.

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‘Pages were torn out’: President AKD reveals how Easter probe was stalled by suspects

President Anura Kumara Dissanayake told Parliament yesterday that a renewed investigation into the 2019 Easter Sunday terror attacks is now underway, stressing that previous attempts to uncover the truth were deliberately obstructed when political groups suspected of involvement assumed power.

The President said investigators are currently analysing phone records, connections, and other technical data to identify the masterminds behind the attacks, adding that evidence must be re-established in court after years of suppression.

He said the Easter Attacks should have been investigated when memories and evidence were still fresh, but the process stalled due to political interference.

According to the President, key evidence was tampered with or destroyed, including cases where “pages were torn from books,” while nearly 500 CID officers were issued travel bans during the previous administration. Several senior investigators were removed, transferred, or jailed, including former CID Director Shani Abeysekara, he noted.

The President said the same pattern of interference had affected other high-profile cases such as the murders of Lasantha Wickrematunge, rugby player Wasim Thajudeen, and cartoonist Prageeth Ekneligoda, where investigations were launched many years after the incidents.

Despite the challenges, he expressed confidence that the current investigative teams would independently and professionally pursue the Easter Attack probe and bring the culprits before the law.

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Trinco Incident Due to Canteen Regulatory Breach, Not Religion

The Coast Conservation and Coastal Resource Management Department (CC&CRM) has issued a statement clarifying the circumstances surrounding its recent enforcement operations in Trincomalee, stressing that the incident stems from long-standing regulatory violations and has no connection to religious conflict.

According to the department, the action was prompted by multiple breaches of coastal regulations. These include the misuse of a temporary permit issued for a 127-square-foot structure, valid only until mid-2024, which had been used to operate an extensive commercial establishment far beyond the approved scope.

The CC&CRM further noted that both permanent and temporary constructions had been erected within the coastal reservation zone, contravening environmental standards and statutory requirements.

Following a court order directing the removal of the unauthorised structures, officials initiated enforcement. However, the department said a religious structure was abruptly placed at the demolition site in what appeared to be an attempt to obstruct the execution of the court directive.

Reaffirming its position, the CC&CRM stated that all actions carried out in Trincomalee are based solely on court mandates and legal obligations, and not influenced by religious or communal considerations.

“Come and face the law” — President tells Basil

With uncertainty swirling over the return of Sri Lanka Podujana Peramuna (SLPP) founder Basil Rajapaksa for a court case, President Anura Kumara Dissanayake yesterday (18) asked the former Finance Minister to “come and face the law.”

Speaking in Parliament, the President said there was no reason to fear the legal process if one is innocent.

“Don’t be afraid to face the law. If you are clean, come and prove your innocence,” he said.

Rajapaksa who is currently settled in the US is supposed to appear before the Matara Magistrate’s Court on Friday, November 21, over allegations that he illegally acquired land using Rs. 50 million in unlawfully obtained funds.

Coincidentally, the case is scheduled to be taken up on a day when opposition parties led by the SLPP, which Basil founded are bringing crowds to Nugegoda for an anti-government rally. Basil Rajapaksa has been an instrumental and influential individual in the party in taking initiatives of this nature.

However, there is still no clarity on whether he will return to Sri Lanka in time for the hearing or the rally.

According to SLPP sources, Rajapaksa is yet to communicate his ability to return to the Sri Lanka.

Moreover, his legal team informed the court in May that Rajapaksa was receiving treatment in the United States for spinal and nerve complications following a fall from a chair.

They said his American doctor had advised against air travel for six months casting further doubt on his appearance for Friday’s proceedings.

Basil Rajapaksa has faced similar accusations of dodging court by travelling to the US in the past when he was wanted by the court.

However, police sources confirmed that if Rajapaksa fails to turn up this time, they will proceed with issuing an arrest warrant on the advice of the court.

Sources further said such action would be unavoidable if he continues to evade court.

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Chinese envoy backs diversifying Sri Lanka reserves, reducing FX risks from dollar usage

ECONOMYNEXT – Chinese Ambassador to Sri Lanka Qi Zhenhong has reaffirmed China’s readiness to work closely with Sri Lanka to diversify reserves, reduce exchange-rate risks, and promote mutually beneficial financial cooperation, the island nation’s main business chamber said.

China has been pursuing the internationalization of the renminbi (RMB, also called the Chinese yuan or CNY) since the late 2000s as a deliberate long-term strategy to reduce its dependence on the US dollar, enhance global trade efficiency for Chinese firms, and elevate Beijing’s financial influence.

Key milestones of RMB internationalization include the launch of offshore RMB clearing centers, starting with Hong Kong in 2009 and now numbering more than 25 worldwide, and the inclusion of the RMB in the IMF’s Special Drawing Rights (SDR) basket in October 2016 with a 10.92% weighting.

The move has seen a rapid expansion of cross-border RMB settlement reaching ¥46.7 trillion or roughly USD 6.5 trillion in 2024, and the development of the Cross-Border Interbank Payment System (CIPS), which by November 2025 handled over 5% of global payments (up from less than 1% in 2015).

Chinese Ambassador to Sri Lanka Zhenhong revealed that the world’s second biggest economy’s willingness to support Sri Lanka in a forum recently held on Chinese Yuan (RMB) Internationalization Forum 2025, organized by the Sri Lanka–China Business Council of the Ceylon Chamber of Commerce (CCC) in collaboration with the Bank of China.

“Addressing the gathering, Ambassador Qi Zhenhong noted that while the US dollar continues to dominate global finance, it also exposes developing economies to volatility and systemic risks,” the CCC said in a statement.

“He emphasized the importance of establishing a more equitable, stable, and inclusive monetary system and explained that RMB internationalization is a market-driven, enterprise-led, and risk-controllable process designed to enhance global financial stability.”

“The Ambassador also highlighted that over 80 central banks have already incorporated RMB into their reserves, with cross-border RMB settlements surpassing 35 trillion yuan in the first half of 2025,” which he referred as a “clear evidence of the currency’s growing influence”.

The discussions centered on promoting RMB settlements in trade, investment, and financial transactions between the two nations, furthering economic stability and efficiency.

Deputy Finance Minister Anil Jayantha Fernando observed that wider use of RMB in transactions could reduce costs, increase administrative efficiency, and attract sustainable foreign direct investment.

“He further mentioned that discussions with key Chinese enterprises, including Sinopec, are progressing positively and signaled that significant new investments are on the horizon,” CCC said in the statement.

Fernando added that the upcoming Investor Protection Act will ensure a stable and transparent environment for investors.

“He noted that these efforts, alongside digitalization and RMB settlement mechanisms, are aligned with Sri Lanka’s broader economic reform agenda.”

Beijing has aggressively signed bilateral local-currency swap lines with more than 40 central banks totalling over ¥4 trillion, promoted RMB-denominated oil and commodity contracts on the Shanghai International Energy Exchange, and encouraged BRICS and Belt-and-Road partner countries to invoice trade and hold reserves in RMB.

As of mid-2025, the renminbi accounts for approximately 4.7% of global foreign-exchange reserves (up from 1% a decade ago) and roughly 3.6% of international payments via SWIFT, making it the fourth-most-active currency for global payments.

For the United States, this gradual rise triggers multiple strategic concerns, including a possibility of widely accepted RMB eroding the dollar’s exorbitant privilege, potentially limiting Washington’s leverage over countries such as Russia, Iran, or even allies seeking to circumvent US secondary sanctions.

Analysts say greater use of CIPS and RMB clearing networks creates parallel financial infrastructure that is largely immune to US regulatory reach, raising fears of a fragmented global payments system.

A stronger RMB challenges the petrodollar system as Saudi Arabia, Brazil, and India increasingly settle oil and commodity trades in yuan.

The Chinese move has led US policymakers to worry that deeper RMB internationalization will give Beijing more influence over global interest-rate and exchange-rate dynamics and could accelerate de-dollarization among emerging markets, especially if China fully liberalizes its capital account or significantly relaxes currency controls.

Source:ECONOMYNEXT