Sri Lanka’s president pays candidate deposit

Sri Lanka’s president Ranil Wickremesinghe has deposited the candidate’s fee for the upcoming presidential election.

The country’s Election Commission announced that the poll will be held on September 21.

Wickremesinghe was the first candidate to pay the deposit. He will be contesting as an independent candidate.

Two others declared their candidacy yesterday: retired army chief Sarath Fonseka, and current justice minister Wijeyadasa Rajapakshe.

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SLPP majority supports Ranil, 30 govt. MPs tell Mahinda

A majority of SLPP MPs has decided to support incumbent Ranil Wickremesinghe at the presidential election, party leader Mahinda Rajapaksa was told yesterday (25).

Thirty ministers, state ministers and government MPs met him at the parliamentary complex and intimated this to him, according to lankadeepa.lk.

Therefore, a party decision to field some other candidate could harm its vote base, they noted, and asked him not to do so.

Rajapaksa responded by saying that he would discuss the matter with the party and make a decision known soon.

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Presidential Election : Statement from Election Commission

The Gazette notification which includes the date of the Presidential Election will be published tomorrow (July 26).

Issuing a statement, the National Election Commission said the Gazette will include the dates for the Presidential poll and the calling of nominations.

The Election Commission further said that the decision was taken during a meeting convened today.

From July 17, 2024, the National Election Commission was constitutionally vested with powers to declare the Presidential Election date.

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Sinhala politician and true friend of Tamil Wickramabahu Karunaratne passes away

Tamils across the globe mourn the loss of Dr.Vickramabahu Karunaratne, last Leftist and true friend of Tamil in Sri Lanka, today.

He is one of the few Sri Lankan politicians to recognize Tamils as the native of the island and firmly believed in the right to Self Determination of Tamils in Eezham.

In his speech, at the Proceedings of International Conference On Tamil Nationhood
& Search for Peace in Sri Lanka, Ottawa, Canada 1999, he indicated that:
“Only unity possible is the voluntary union of the two nationalities. For this, recognition of the right of self determination of the Tamil people is a precondition. Acceptance of equality, autonomy and the Right of Self Determination is the only basis for a democratic unity.”

A voice that continuously supported Tamils self-determination and to prevent ongoing TamilGenocide is no more…

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Sri Lanka speaker in China discusses Belt and Road Initiative cooperation

Speaker of Parliament Mahinda Yapa Abeywardana has discussed furthering cooperation between Sri Lanka and China while on a visit there this week.

“Discussions focused on enhancing cooperation under the Belt and Road Initiative, particularly in advancing key projects like the Colombo Port City and Hambanthota Port,” a Parliament statement said.

Sri Lanka is a key partner in China’s Belt and Road Initiative (BRI), known in China as the One Belt One Road (OBOR) and sometimes referred to as the New Silk Road, a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in more than 150 countries and international organizations.

The BRI is composed of six urban development land corridors linked by road, rail, energy, and digital infrastructure and the Maritime Silk Road linked by the development of ports.

Abeywardana was in China to attend the 8th China-South Asia Exposition held in Kunming, Yunnan Province.

The trade fair was instrumental in fostering substantial economic and trade exchanges since its inception in 2013, he said. “This exposition has notably strengthened cooperation between China and South Asian countries, bringing considerable benefits to the people of Sri Lanka.”

Addressing the opening ceremony, Abeywardana thanked the Ministry of Commerce of China and the People’s Government of Yunnan Province for their longstanding friendship.

The Speaker also addressed the 5th China-South Asia Cooperation Forum on July 24, held on the theme, “Build Consensus for Regional Development.”.

Abeywardana was said to have emphasized “the necessity of collective solutions to global development challenges,” and called for addressing these issues through mutual cooperation.

Abeywardana and other officials in the delegation met Secretary of the CPC Yunnan Provincial Committee and Chairman of the Standing Committee of Yunnan People’s Congress Wang Ning, and Vice Chairman of the Standing Committee of the 14th National People’s Congress Ding Zhongli.

Sri Lanka and China have maintained 67 years of diplomatic relations in recent history, spanning trade, investment, cultural exchanges, and infrastructure development.

There was a mild hiccup in diplomatic relations between both countries after Sri Lanka banned Chinese research vessels calling at the island nation for research purposes for one year, after strong protest by India, which had cited security threats.

SLPP wants PM candidacy – Namal

The Sri Lanka Podujana Peramuna should have the premiership candidacy if it is to support an outsider as the presidential candidate, said the party’s national organizer Namal Rajapaksa.

He was speaking to the media following a meeting at the official residence of party leader Mahinda Rajapaksa.

The MP said they discussed election related matters except the party’s candidate.

“The politburo will take it up and select an appropriate candidate once the election is gazetted,” he added.

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Fonseka formally announces he is running for President

Former Army Commander, Field Marshal Sarath Fonseka formally announced, Thursday, that he will be contesting at the upcoming Presidential election.

In a post on X, Fonseka invited every Sri Lankan to support him to take the country forward.

The announcement comes amidst speculation that Fonseka will support incumbent President Ranil Wickremesinghe.

Fonseka had, however, insisted he will not support Wickremesinghe as the President was working with the Rajapaksas.

“I wish to announce my Presidential Candidacy to the people of Sri Lanka. For 76 years, we have been led by an inept political group that has led us to bankruptcy. For Sri Lanka to grow, we need to #CrushCorruption. We need to leverage our natural resources to boost income generation. This is my formal and official announcement as the presidential candidate of Sri Lanka for the 2024 Presidential Election. I invite every Sri Lankan to join me to take Sri Lanka forward,” Fonseka said on X.

The Chairman of the Samagi Jana Balawegaya (SJB) was expected to make his formal announcement early next month at a media event but instead took to social media to declare that he will be contesting the 2024 elections.

Public Financial Management and Economic Transformation Bills passed in Parliament

The Public Financial Management Bill and the Economic Transformation Bill have been passed in Parliament today (25) with amendments and without a vote.

Amendments were incorporated to the bills during the committee stage and subsequently, the third reading was passed without a vote.

These two bills were presented to Parliament on 22 May 2024.

The government says the two significant bills are aimed at bolstering the country’s economy.

The “Economic Transformation Bill” and the “Public Financial Management Bill,” are designed to enhance the management of public finances, thereby safeguarding against future economic downturns, the State Minister of Finance Shehan Semasinghe said recently.

Explaining the bills, he said the “Economic Transformation Law,” is aimed at preventing future economic collapses and that the legislation stems from the vision of President Ranil Wickremesinghe, rather than being proposed by the International Monetary Fund (IMF).

The recent stabilization of the economy following previous downturns underscores the importance of preserving this stability going forward, he said, adding that it is necessary to maintain optimal levels of public financial management to avert future economic crises.

The “Public Finance Management Bill” is set to be presented with a focus on enhancing accountability in managing public finances. This legislative initiative aligns with recommendations from a collaborative program with the IMF and holds significant importance for the country’s future financial management, the state minister said.

He said these drafts contain numerous technical intricacies aimed at bolstering confidence in the economy and maintaining the trajectory of the new economic direction implemented thus far.

Meanwhile, the Supreme Court recently determined that several clauses of the Economic Transformation Bill are inconsistent with the country’s Constitution.

Consequently, these clauses require a special majority in parliament and, in some cases, approval by a referendum to be passed. However, if the contentious clauses are amended, they can be passed with a simple majority, the court said in its determination.