Protest in Colombo against suppression today (2)

A peaceful protest against state suppression is to be held in Colombo today (2).

Trade Unions, and Students Movements, supported by political parties will march from Maradana to Fort, where a rally will take place.

Participants will march from Elphinstone Theatre to central Colombo. Potential stops or endpoints include De Soysa/Liberty Circus intersections, Galle Face Green, and Fort Railway Station.

The Human Rights Commission of Sri Lanka reiterates that the Police must NOT use the provisions of the Police Ordinance to violate the fundamental rights declared and recognized by the Constitution of Sri Lanka.

The HRCSL made this statement in response to a letter submitted to the Commission by trade unions and mass organizations, informing that the Police had illegally notified them to obtain permission for the peaceful protest set to be held on Wednesday (2).

The HRCSL highlights that peaceful protests are permitted according to Section 77 of the Police Ordinance.

It warned the Police that the Constitution of Sri Lanka is the supreme law of the country, adding that violating fundamental rights would result in serious consequences.

The HRCSL also reminds the Police to pay attention to the recommendations made by the Commission to the Public Security Minister on the 28th of September.

According to the statement, a team attached to the Human Rights Commission will also be deployed to monitor the peaceful protest march.

Six major business chambers in Sri Lanka have called for the halting of anti-government protests that they say could undermine efforts taken to stabilize the economy.

In a joint statement, the chambers added that negative publicity could seriously derail actions that are being taken to revive the economy, particularly the efforts taken to revive tourism.

‘Any act of destabilization taking place at this time and any negative publicity arising from it would seriously derail actions that are being taken to revive the economy including the efforts being taken to promote tourism’ the statement read.

Pointing out that a few airlines have agreed to commence flights to Sri Lanka and given the high cost of energy in Europe during the winter, Sri Lanka will have an ideal opportunity to attract tourists which will support the Hospitality industry, the Chambers say that any instability can affect the recovery process for exports and foreign investment too.

‘We appeal to all parties to divert their energies and resources towards encouraging positive reforms and focus on how we recover as a nation instead of engaging in acts that can further damage the economy and place more burdens on the people of this country the statement mentioned.

This statement has been issued by the following Chambers:

Ceylon Chamber of Commerce (CCC)

Chamber of Young Lanka Entrepreneurs (COYLE)

Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL)

International Chamber of Commerce Sri Lanka (ICCSL)

National Chamber of Exporters of Sri Lanka (NCE)

Women’s Chamber of Industry and Commerce (WCIC)

Sri Lanka’s China-backed Hambantota Port enters bonded fertilizer business

Sri Lanka’s China-backed Hambanota Port is entering fertilizer and cement storage and handling services, Nishantha Gamage, Senior Manager, Commercial & Marketing, Hambantota International Port Group said.

A 10,000 square metre bonded cargo warehouse for fertilizer built with an investment of 2.2 million US dollars by a private investors will come on stream in the first quarter of 2023.

It will cater to Sri Lanka and the region, Gamage told the Colombo International Maritime & Logistics Conference.

A 3 million US dollar dry bulk warehouse built by another investor to store cement raw material will be completed by the end of the year.

Hambantota Port is also unloading raw material for another cement factory in Mirijawila where materials are transported by a covered conveyor.

The Port is run by Hambantota International Port Group (HIPG) which is a joint venture between China’s CMPorts group and state-run Sri Lanka Ports Authority.

All tight lipped; Speaker to seek legal notice to get names of dual citizens

As the 21st amendment was passed in Parliament recently, the question which has now hit the House by storm is which MP is a dual citizen? While silent whispers and internal talks continue among the parliamentarians, no name has still come to light with almost all departments remaining tight lipped over it.

The Department of Immigration and Emigration launched a special investigation last week following a request made under the Right to Information Act, to identify which MPs are dual citizens.

The Department is yet to finalize its investigations stating that the probe was conducted based on a document containing the date of birth, name and National Identity Number referred by Parliament.

Sources within the Parliament however said they had no idea as to who the MPs are who are dual citizens as such information was not required to be registered by Parliament.

There was no legal provision for it, and none of the 225 MPs have declared themselves to be dual citizens to the House.

The only name that became publicized in recent months is that of Basil Rajapaksa who is no longer an MP and due to his firm belief to remain an American will not have any place to contest in a Sri Lankan election or hold a parliamentary seat in the future.

Speaker Mahinda Yapa Abeywardena who has been under pressure to divulge the names is yet to get any indication from the Immigration and Emigration Department.

Sources close to the Speaker told Daily Mirror that Abeywardena will seek a legal notice to obtain the names from the Immigration and Emigration Department and will also seek the advice of the Attorney General and the Justice Ministry.

After this, the names are likely to be made public. According to sources, it is possible that over 6 names of MPs may surface once the probe is completed but to date the names are running on speculation only.

MP Udaya Gammanpila has already alleged that State Minister of Tourism Diana Gamage was a dual citizen as she was a UK citizen to which Diana has challenged Gammanpila to go to court to prove his claim that she was not a Sri Lankan citizen.

Rumors were also afloat that some MPs from within the TNA may also be dual citizen holders but this allegation was shot down by senior TNA MP M.A. Sumanthiran, who stated that there were no dual citizens within the TNA.

He however said that they had heard there were many dual citizens in Parliament and if so this should be investigated and action should be taken to remove them.

Some FR petitions are also likely to be filed in the coming weeks to get more information on who the possible dual citizens are and according to sources those MPs who are likely to be exposed are also preparing to challenge their stand.

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Missing persons’ families look to int’l community

Relatives of missing persons yesterday (1) said that only the international community could ensure accountability to their long-standing grievances, and pointed out that they do not want to accept the compensation and certificate of absence provided by the relevant local authorities.

Association for the Relatives of Enforced Disappearances Jaffna District Leader Sivapatham Ilankothai told The Morning yesterday that only the international community could ensure accountability in the issue of missing persons.

“We held a protest at the Jaffna District Secretariat on Monday (31 October) to show that we are not happy with the recent comments made by the Office on Missing Persons (OMP) Chairman that there is no evidence that our relatives were handed over to the Security Forces during the end of war. At the same time, we want to convey the message to the Minister of Justice President’s Counsel Dr. Wijeyadasa Rajapakshe that we do not want any compensation or a certificate of absence. We want to know the whereabouts of our loved ones. It is quite disheartening when such moves are being taken by the Government to just end this issue,” she added.

She further noted that for many years, the relatives of missing persons were waiting patiently, hoping that the OMP would resolve the issues.

“We went before many commissions appointed by the Government for many years. There was no solution. We waited for many years; now, we feel that there is no justice to our long-standing issue, and therefore, we have decided to appeal to the international community,” she added.

Ilankothai also said: “Initially, the Government proposed to give Rs. 100,000 as compensation, and then raised the amount to Rs. 200,000. Do not cheat us. We want justice. Find the whereabouts of our loved ones. That is why we protested on Monday.”

On Monday, the relatives of missing persons staged a protest and forcibly entered the Jaffna District Secretariat premises, showing their displeasure against the Government and the OMP during the visit of Dr. Rajapakshe. The protestors shouted slogans such as “We don’t want the OMP and we don’t want Rs. 200,000 compensation, we need an international mechanism”.

Protestors also claimed that the OMP is cheating and disappointing the relatives of missing persons. They also raised slogans against Dr. Rajapakshe who participated in the mobile service launched by the Ministry of Justice to issue birth and other certificates to returnees from India, at the Jaffna District Secretariat on Monday.

Rathana Thera says IMF not the solution for SL, advocates money printing

Ape Jana Bala Pakshaya (Our Power of People Party) MP Ven. Athuraliye Rathana Thera stated yesterday (1) that the International Monetary Fund (IMF) is not the answer to Sri Lanka’s present crisis, claiming that it has not succeeded in saving a single country over the past few years, and that it will therefore, not succeed in saving Sri Lanka either.

“From 2015 to date, the IMF has not been able to save a single country. The result of dealing with the IMF will be that any independent strategy that is available to Sri Lanka to emerge from this crisis will be blocked.”

The monk observed that one such independent strategy is printing money, and pointed out that the IMF cannot impose any conditions on countries like Myanmar, the Republic of Korea (South Korea), and Cuba, because they print their own money.

“I am not in favour of a military Government, but Myanmar does not face starvation, addictive drug problems, or the collapse of the State machinery. I am not saying that we need to form a Government like Myanmar, I am only saying that there are countries surviving without the conditions of the IMF.”

Rathana Thera also indicated that the IMF targets countries like Sri Lanka because of its inability to control the US and all countries belonging to Europe excluding England that print their own money.

“Does the IMF give permission to America to print US dollars? What right does America have to maintain the US dollar at such a high rate? The IMF cannot impose any conditions on the use of Euros in Europe, because that authority lies with the European Parliament.”

He also noted that while it was possible for the IMF to limit and impose restrictions on countries like Sri Lanka three decades ago, it is no longer possible to do the same because they do not hold the monopoly power anymore.

“The IMF cannot restrict or control countries like us anymore because they can no longer rely on the support and empowerment of the US and Europe because they are economically struggling. Organisations like the World Health Organisation and other financial institutions are gradually becoming Asian-based, as they are relying on Asian funding.”

The Government of Sri Lanka is currently engaged in debt restructuring negotiations with creditors in hopes of obtaining IMF Board approval for a $ 3.9 billion bailout programme, for which it has only reached a verbal staff-level IMF agreement.

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Rishad Bathiudeen acquitted in case filed over Easter Sunday attacks

Colombo Fort Magistrate Thilina Gamage today (02) ordered the acquittal of Parliamentarian Rishad Bathiudeen, who was named a suspect in a case filed over Easter Sunday terror attacks, from the case in accordance with the instructions of the Attorney General.

The magistrate issued the order when the magisterial inquiry related to the case was taken up again today.

The former Minister and Wanni District Parliamentarian was arrested by the Criminal Investigation Department (CID) of Sri Lanka Police on 24 April 2021 and remanded under the Prevention of Terrorism Act for over six months until he was granted bail on 14 October 2021.

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Sri Lanka Inflation Slows for First Time in Year in October

Sri Lanka’s inflation slowed in October for the first time in a year as shortages of food and fuel eased.

The consumer price index in the capital Colombo cooled to 66% from a year ago, the statistics department said in a statement Monday. That’s down from 69.8% in September and a median of 68.5% in a Bloomberg survey.

Transport costs stood at 150.4% and food prices came in at 94.9%, the data showed.

The numbers are a welcome development for Sri Lanka’s monetary authority, which expected inflation to peak this month. The Central Bank of Sri Lanka has kept the benchmark rate steady at 15.5% for the last two meetings after hiking borrowing costs by 9.5 percentage points this year. The next monetary policy review is scheduled for November 24.

Falling global commodity prices, assistance from friendly countries and re-purposed funds from multilateral lenders have helped Sri Lanka stabilize its finances in the short run. Supplies of food, fuel and medicines are trickling in as officials pursue a debt restructuring deal with global creditors, that’s key to unlock the International Monetary Fund’s $2.9 billion bailout package.

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Sri Lanka opposition SJB demands elections, warns of protests against delay tactics

A proposal by Sri Lanka’s minister of justice for a special committee in parliament on election reforms is being challenged by the main opposition Samagi Jana Balawegaya (SJB) which claims that the proposal is an attempt to delay elections.

SJB general secretary Ranjith Madduma Bandara speaking at an event said on Monday October 31 claimed that President Ranil Wickremesinghe had given an assurance to ruling Sri Lanka Podujana Peramuna (SLPP) legislators that elections will not be held.

“We are working against the president’s plan,” said Madduma Bandara.

The MP said his party plans to educate the public and raise the matter in and outside parliament to “hold elections and protect democracy”.

His SJB colleague MP S M Marikkar said at a different event that the SJB will take to the streets if elections are postponed.

“We will get on the streets to send both President Wickremesinghe and the government home, secure an election, and form a government,” said Marikkar.

The MP also claimed that the International Monetary Fund, the Asian Development Bank, the World Bank and other international organisations have said they will assist Sri Lanka in debt restructuring after the people have elected a government.

There is no evidence, however, that any of those institutions have laid down a condition that elections be held in order to receive assistance in debt restructuring.

Sri Lanka is going through its worst currency crisis in decades, and the IMF has reached a staff level agreement with the government on a 2.9 billion US dollar bailout package if Sri Lanka successfully restructures its debt.

“Without [holding an election], we cannot overcome this crisis. We ask the president not to bring in false committees to postpone elections,” said Marikkar.

Justice Minister Wijeyadasa Rajapakshe had requested Speaker Mahinda Yapa Abeywardena last week that a special parliamentary committee be appointed to propose electoral reforms for local government bodies, provincial councils and parliament and recommend a homogeneous system for all three, reports said

A parliamentary election in the island nation is not due till 2024. But the president may dissolve parliament and call an early election from March 2023. The recently passed 21st amendment to the constitution has retained the president’s power to dissolve parliament two and a half years after its commencement.

The opposition Janatha Vimukthi Peramuna (JVP) too has called for elections. Former JVP MP K D Lal Kantha speaking at a rally said the government is not going for elections because it knows it doesn’t stand a chance.

State Minister Shantha Bandara speaking to reporters on Monday claimed that the opposition is demanding elections to destabilise Sri Lanka’s economic recovery by signalling to the world and to potential foreign investors that a change in government is due next year.

The SLPP’s popularity has waned considerably since the popular people’s protests that erupted in Sri Lanka in April this year over the country’s currency crisis. A wave of protests around the country saw the ouster of then president Gotabaya Rajapaksa, who was succeeded by President Wickremesinghe – a former arch rival – with the unlikely support of 134 SLPP legislators.

Opposition parties have claimed that, in return for their support, Wickremesinghe offered sanctuary to the almost universally reviled SLPP and a delay in elections.

However, the government’s approval rating under Wickremesinghe had moved up to 10 per cent in October 2022 from 3 per cent in June, a survey by Verité Research, a Colombo-based think tank found.

Meanwhile, Palitha Range Bandara, the general secretary of the United National Party (UNP) – the party Wickremesinghe leads and is represented in parliament by a solitary MP, has said Wickremesinghe is not in it to do anyone’s bidding.

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Sri Lanka President warns of delay in IMF deal amid China, India issues

Sri Lanka is unlikely to get an International Monetary Fund deal in December as originally expected with delays in dealing with China and India which are out of the Paris Club as well as ‘bilateral issues’, President Ranil Wickremesinghe has said.

Sri Lanka has to get ‘creditor assurances’ on debt restructuring from bilateral lenders before the IMF’s executive board endorses a reform program formally.

Unlike other countries which got into default, two out of three main creditors of Sri Lanka were out of the Paris Club of creditors who had already had a well-oiled mechanism for dealing with debt re-structuring.

“I first went to the Paris Club where all the creditors were from the West and Japan,” President Wickremesinghe told a forum of tea factory owners in Colombo.

“However, we are in a unique position today where out of our three main creditors, only one belongs to the Paris Club. Japan.

“The other two are not in the Paris Club. They are India and China.”

He said China started debt restructuring with Zambia.

There were also ‘bilateral issues’ to deal with, he said without elaborating.

“I think India has it for the first time with Sri Lanka,” President Wickremesinghe said. “I have already started discussions with Japan and now with India and China.

“We get down to a common platform of how we can resolve it while we also have discussions on bilateral issues that affect each other’s countries.”

China has just finished its party conference where senior officials had change.

“If we can move and come to an agreement by December, which means coming to an agreement by mid-November, and going up to the IMF Board in mid-December, we will gain a big advantage,” Wickremesinghe said.

“However, I don’t know whether we can do it for the simple reason that in China, the focus has started now after the party conference. However, we must aim to have it by January.”

Sri Lanka IMF deal nod could be Jan 2023

Sri Lanka however has made most of the corrections required to regain monetary stability.

Balance of payments troubles are problem associated with reserve collecting central bank which mis-target interest rates with printed money through a policy rate incompatible with domestic credit trends. Active open market operations were begun by the Federal Reserve in the process of triggering the Great Depression in the 1920s.

When a country with a central bank with a history of chronic mistargeting of rates – Sri Lanka had gone to the IMF 16 times before – gets market access its tends to default.

The key reason third world countries get into balance of payments trouble is money printed to keep policy rates too low by soft-pegged central bankers which fires unsustainable credit and balance of payments deficits.

Sri Lanka has also raised taxes to reduce central government credit and hike tariffs of public utilities to reduce or eliminate their borrowings.

The central bank has also lost the ability to intervene and sterilize interventions with new money after the intervention effectively losing its ability to generate BOP deficits from around August.

More PTA prisoners to be freed for next year’s Thai Pongal

Thamil Makkal Thesiya Kuttani Leader MP C.V. Wigneswaran said that Minister of Justice, Prison Affairs, and Constitutional Reforms President’s Counsel (PC) Dr. Wijeyadasa Rajapakshe had informed him that the Government hopes to release more prisoners detained under the Prevention of Terrorism (Temporary Provisions) Act (PTA) by Thai Pongal of next year in January.

Speaking to The Morning, Wigneswaran said yesterday (31) that he had met Dr. Rajapakshe in Jaffna on 30 October, and during the meeting, he was told that more PTA prisoners are expected to be released by Thai Pongal next year.

“I requested to release all the others. They have not been happy about it because they have been there for a long period of time. Then, he said that they are interested in releasing the prisoners but that there are various legal snags which they are discussing with the Attorney General’s Department. By Thai Pongal, they are hoping to release as many as possible out of the detained balance. Maybe a substantial number would be released around Thai Pongal,” he added.

Wigneswaran further stated that Dr. Rajapakshe had pointed out that there was no backlash from the perspective of the Sinhalese with regard to those who had been already released.

“I pointed out to them that the ‘aragalaya’ (struggle) had changed the attitude and mindset of the Sinhalese. This is a welcome sign because people feel that after 13 years of the end of the war, they are being given a chance to get back to their lives,” he added.

Some family members of the PTA prisoners and detainees also came to speak to Dr. Rajapakshe during this meeting, he said.

“There was a sister of a person who was taken into custody when he was 16-years-old whereas now he is 44-years-old. Therefore, he had been in prison for 28 years. She made an appeal to release him as he had not seen the outside world for a long period. Sometimes, it was a little emotional the way they were making their pleas to the Minister. There was a prisoner who was released after 25 years. He came from Vavuniya just to thank Minister Rajapakshe. There were other family members of the PTA prisoners as well,” he added.

Meanwhile, a total of eight prisoners convicted by court for involvement in the activities of the Liberation Tigers of Tamil Eelam (LTTE) under the PTA were pardoned by President Ranil Wickremesinghe, nearing the Deepavali festival. Earlier, Wigneswaran wrote to President Wickremesinghe with the relevant details of the PTA prisoners and detainees requesting to consider their release.