Ousted former President Gotabaya Rajapaksa returns to Sri Lanka

Sri Lanka’s former President Gotabaya Rajapaksa, who fled the country amidst the public uprising, returned to the island from Thailand along with his wife Ayoma Rajapaksa yesterday (02) at midnight.

Several ministers were present at the Katunayake airport to welcome the former president.

After his arrival in the island, the former President arrived at his house located at Malalasekara Mawatha, Colombo 07 at around 12.50 am Saturday.

In the face of unprecedented public protests, former President fled the country on July 13, first to the Maldives and then to Singapore.

Gotabaya Rajapaksa stayed in Singapore from July 14th and was granted visa for 14 days each by the Singapore government on two occasions. When the visa period given to him by the Singaporean authorities expired, he and his wife departed for Thailand

It was reported that the government has arranged to give Mr. Gotabaya Rajapaksa the privileges he is entitled to as a former president.

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Japan denies preparations to host debt restructuring conference for SL

The Japanese Minister of Foreign Affairs has denied claims the country’s Government is making preparations to host a debt restructuring conference on behalf of Sri Lanka.

In response to a question posed by a journalist at a press conference held on Tuesday, Japanese Minister of Foreign Affairs Yoshimasa Hayashi said there is no preparation to hold such a conference with Sri Lanka.

“We are having various interactions with Sri Lanka. We are also carefully monitoring the grave economic situation in Sri Lanka. Given the economic crisis situation in the country we are currently implementing plans to provide humanitarian aid in the form of pharmaceutical products and food to the country,” he said.

“We hope the Sri Lankan Government in coordination with the International Monetary Fund (IMF) and the Paris club are trying to implement financial and economic solutions while ensuring transparency. Our country will carefully monitor the situation in Sri Lanka and discuss with Sri Lanka or other international donor organisations,” he added.

However, Japanese Minister of Finance Shunichi Suzuki has in the meantime urged all creditor nations to gather and discuss Sri Lanka’s debt at the same table. Suzuki was quoted as telling reporters that Japan would coordinate with other creditors to resolve Sri Lanka’s deepening financial crisis. Suzuki said Sri Lanka must accelerate talks with the IMF on a bailout and that all bilateral creditors, including China and India, must gather to discuss the issue.

President Ranil Wickremesinghe had told a foreign publication this month that Sri Lanka would ask Japan to invite the main creditor nations to talks on restructuring bilateral debts. He said he would discuss the issue with Prime Minister Fumio Kishida in Tokyo next month.

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China hopeful Sri Lanka will work out feasible solution expeditiously

China says it has been always encouraging the IMF and other international financial institutions to continue to play a positive role in supporting Sri Lanka’s response to current difficulties and efforts to ease debt burden and realize sustainable development.

“As a traditional friendly neighbour of Sri Lanka and a major shareholder of the International Monetary Fund (IMF), China has been always encouraging the IMF and other international financial institutions to continue to play a positive role in supporting Sri Lanka’s response to current difficulties and efforts to ease debt burden and realize sustainable development,” says the Embassy of China in Colombo.

“As to the bilateral financial cooperation, shortly after the Sri Lankan government announced the suspension of international debt payments in April 2022, Chinese financial institutions reached out to the Sri Lankan side and expressed their readiness to find a proper way to handle the matured debts related to China and help Sri Lanka to overcome the current difficulties,” the embassy said in a statement today.

“We hope Sri Lanka will work actively with China in a similar spirit and work out a feasible solution expeditiously,” it further reads.

SLFP decides to amend party constitution to penalize violators

The Central Committee of the Sri Lanka Freedom Party has agreed on amending its party constitution in a way that empowers the central committee and the party leadership in expelling party members who act in a manner detrimental to the policies and rules of the party.

The Party Secretary Dayasiri Jayasekara stated that this decision was reached during a discussion held at the party headquarters on Thursday (1) evening.

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Jeyaraj murder: Former ASP and Ex-LTTE cadre acquitted and released

Former ASP for Gampaha, Lakshman Cooray and Ex-LTTE cadre Selvarajah Piribahakaran aka ‘Morris’ who were in remanded custody over the murder of former Minister Jeyaraj Fernandopulle were acquitted and released by Gampaha High Court Judge Sahan Mapa Bandara today.

They were charged and indicted for the murder of Former Minister the late Jeyaraj Fernandopulle and 15 others in 2008.

Jeyaraj Fernandopulle was killed in a suicide bomb attack, carried out by an LTTE terrorist on 6th April 2008 when he was participating in a New Year festival at Weliweriya.

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IMF gives Lanka a 4-four year Extended Fund Facility and a US$ 2.9 billion loan

An IMF mission led by Peter Breuer and Masahiro Nozaki visited Colombo from August 24 to September 1, 2022 to continue discussions on IMF support for Sri Lanka and the authorities’ comprehensive economic reform program. At the end of the mission, Messrs. Breuer and Nozaki issued the following statement:

“The Sri Lankan authorities and the IMF team have reached a staff-level agreement to support the authorities’ economic adjustment and reform policies with a new 48-month Extended Fund Facility (EFF) with a requested access of about SDR 2.2 billion (equivalent to US$2.9 billion)”

“The new EFF arrangement will support Sri Lanka’s program to restore macroeconomic stability and debt sustainability, while safeguarding financial stability, reducing corruption vulnerabilities and unlocking Sri Lanka’s growth potential,” the IMF said in a statement.

“The agreement is subject to the approval by IMF management and the Executive Board in the period ahead, contingent on the implementation by the authorities of prior actions, and on receiving financing assurances from Sri Lanka’s official creditors and making a good faith effort to reach a collaborative agreement with private creditors. Debt relief from Sri Lanka’s creditors and additional financing from multilateral partners will be required to help ensure debt sustainability and close financing gaps.”

“Sri Lanka has been facing an acute crisis. Vulnerabilities have grown owing to inadequate external buffers and an unsustainable public debt dynamic. The April debt moratorium led to Sri Lanka defaulting on its external obligations, and a critically low level of foreign reserves has hampered the import of essential goods, including fuel, further impeding economic activity. The economy is expected to contract by 8.7 percent in 2022 and inflation recently exceeded 60 percent. The impact has been disproportionately borne by the poor and vulnerable.”

“Against this backdrop, the authorities’ program, supported by the Fund, would aim to stabilize the economy, protect the livelihoods of the Sri Lankan people, and prepare the ground for economic recovery and promoting sustainable and inclusive growth.”

Key elements of the program are:

Raising fiscal revenue to support fiscal consolidation. Starting from one of the lowest revenue levels in the world, the program will implement major tax reforms. These reforms include making personal income tax more progressive and broadening the tax base for corporate income tax and VAT. The program aims to reach a primary surplus of 2.3 percent of GDP by 2024.

Introducing cost-recovery based pricing for fuel and electricity to minimize fiscal risks arising from state-owned enterprises. The team welcomed the authorities’ already announced substantial revenue measures and energy pricing reforms;

Mitigating the impact of the current crisis on the poor and vulnerable by raising social spending, and improving the coverage and targeting of social safety net programs;

Restoring price stability through data-driven monetary policy action, fiscal consolidation, phasing out monetary financing, and stronger central bank autonomy that allows pursuing a flexible inflation targeting regime. A new Central Bank Act is a cornerstone of this strategy;

Rebuilding foreign reserves through restoring a market-determined and flexible exchange rate, supported by the comprehensive policy package under the program;

Safeguarding financial stability by ensuring a healthy and adequately capitalized banking system, and by upgrading financial sector safety nets and regulatory standards with a revised Banking Act;

and Reducing corruption vulnerabilities through improving fiscal transparency and public financial management, introducing a stronger anti-corruption legal framework, and conducting an in-depth governance diagnostic, supported by IMF technical assistance.

“The IMF team held meetings with President and Finance Minister Ranil Wickremesinghe, Prime Minister Dinesh Gunawardena, Central Bank of Sri Lanka Governor Dr. P. Nandalal Weerasinghe, Secretary to the Treasury K M Mahinda Siriwardana, and other senior government and CBSL officials. It also met with Parliamentarians, representatives from the private sector, civil society organizations and development partners.

“We would like to thank the authorities for their candid approach and warm hospitality and are looking forward to continuing our engagement in support of Sri Lanka and its people.”

Sri Lanka invites Saudi Arabia to set up a refinery in the country

Sri Lanka’s Minister of Environment Naseer Ahmed has invited Saudi Arabia to set up an oil refinery in Sri Lanka.

Minister of Environment Naseer Ahmed has made this invitation during his recent visit to Saudi Arabia as the special representative of the President for the bilateral talks between Sri Lanka and the Kingdom.

The Minister has also said that Sri Lanka can provide sufficient oil storage facilities to cover the entire region.

The Environment Minister has said that this invitation was made to provide a modern oil refinery and storage facilities for energy security cooperation by establishing a strong long-term relationship with Saudi Arabia.

In these discussions, attention was focused on the long-term agreements that can be made for Sri Lanka to obtain gas oil, petrol, jet A-1 fuel, crude oil, etc. and the necessary activities to establish long-term economic cooperation.

The Minister also stated that Saudi Arabia, one of the leading economic powers in the Asian region, is playing a major role as a leader in the energy sector and that the “Vision 2030” of Saudi Arabia’s Crown Prince Mohammed bin Salman has attracted the whole world including Sri Lanka.

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GR to return back to SL on Saturday

Exiled former president Gotabaya Rajapaksa is expected back home from Thailand tomorrow night (02), according to reliable sources.

He will be accompanied by his wife, chief bodyguard Brig. Mahinda Ranasinghe and private secretary Sugeeswara Bandara, the sources say.

Incumbent president Ranil Wickremesinghe has already allotted him a safe stay at Bullers Road in Colombo with maximum security.

The Sri Lanka Podujana Peramuna’s (SLPP) general secretary Sagara Kariyawasam told the media recently that Rajapaksa would be given all facilities due to a former head of state.

Following the country-wide protests on July 09, Rajapaksa fled to the Maldives four days later and then took a Saudi Airlines flight to Singapore on temporary visa.

From there, he tendered his resignation.

After the expiration of Singapore visa, Rajapaksa left for Thailand on August 11.

Rs 20M paid for Sanath Nishantha’s burned home

A sum of Rs 20 million has been provided to SLPP MP Sanath Nishantha as compensation for his home that was torched on 9 May.

The MP stated that he had received the said amount for his losses and the damages caused as he had paid his insurance as a businessman. Nishantha added that as a big-time businessman in the Puttalam District and that having estimated the value of his house and land, a sum of Rs 22 million had been provided to him as compensation.

The MP explained that he has no issues with regard to the said sum as he had received it for his work as a businessman and asserted that the sum does not belong either to the State or it concerns the public.

He charged that his house was not damaged by floods or tornados but set ablaze by protesters and mentioned that he had spent a sum of Rs 100 million to build it. He insisted that by current rates, it would be impossible for it to be even built for Rs 200 million.

Source:Ceylon Today

Ranil urged to end use of counter terror laws on protesters

President Ranil Wickremesinghe should immediately end the use of draconian counter-terrorism laws to target peaceful protesters and release those in custody, Human Rights Watch said today.

The authorities detained three student activists who participated in an August 18, 2022 demonstration under the abusive Prevention of Terrorism Act (PTA), which allows up to a year’s detention without trial.

Since he was sworn in as president on July 21 following the flight and resignation of then-president Gotabaya Rajapaksa, President Wickremesinghe has suppressed rights including the freedoms of expression, association, and peaceful assembly. His administration imposed a one-month state of emergency, used security forces to violently disperse protesters, and arrested dozens of people who participated in peaceful protests. Successive governments have broken promises to suspend use of the PTA and replace it with rights-respecting legislation.

“President Wickremesinghe’s use of antiterrorism legislation to lock up people peacefully calling for reform sends a chilling message to Sri Lankans that rights won’t get priority during his administration,” said Meenakshi Ganguly, South Asia director at Human Rights Watch. “The president’s suppression of dissent at home flies in the face of his pledges to allies abroad.”

The PTA was first adopted as a “temporary” measure in 1979, and contains numerous provisions in contravention of international legal standards that have enabled arbitrary detention and torture. It has repeatedly been used to target government opponents and members of minority communities.

As prime minister in 2015, Wickremesinghe pledged to repeal the law when he supported a consensus resolution of the United Nations Human Rights Council. He repeated the commitment in 2017, when Sri Lanka was readmitted to the European Union’s GSP+ scheme, which grants tariff-free access to the EU market for Sri Lankan goods in exchange for compliance with international human rights conventions.

In July, then-Foreign Minister G. L. Pieris told the UN Human Rights Council that Sri Lanka was observing a “de facto moratorium on arrests being made under the PTA.” Earlier, on March 22, the then justice minister, now foreign minister, Ali Sabry, told parliament there was a “de facto moratorium on the use of the PTA on offenses other than those which have a direct involvement with terrorism.”

The three men detained under the PTA are Wasantha Mudalige, convener of the Inter-University Students’ Federation (IUSF); Hashantha Jeewantha Gunathilake, a member of the Kelaniya University Students’ Union; and Galwewa Siridhamma Thero, the convener of Inter University Bhikku [monks’] Federation. They were arrested following a protest on August 18 that the police dispersed using teargas and water cannon.

Wickremesinghe, who is also defence minister, later used the powers of the defence minister under the PTA to sign detention orders allowing the three men to be held for 90 days without evidence or the opportunity to seek bail. The orders can be renewed for up to a year. Lawyers for the men said they are being held at Tengalle Jail in the south of the island in poor conditions, and have not been able to speak to lawyers without guards present, in violation of international standards.

Sri Lankan politicians and civil society organizations, including the Bar Association, have condemned the detentions. The Human Rights Commission of Sri Lanka said that “no suspect exercising their fundamental rights under the Constitution should be wrongly treated as a terrorist.”

Some of Sri Lanka’s international partners, whose support the government is seeking to address the country’s economic crisis, have urged Wickremesinghe to end the suppression of dissent and especially the renewed use of the PTA. The United States Ambassador Julie Chung posted on Twitter, “Using laws that don’t conform with international human rights standards – like the PTA – erodes democracy in Sri Lanka.”

The EU said it was “[c]oncerned about reports on the use of the Prevention of Terrorism Act in recent arrests as we refer to information given [by the government of Sri Lanka] to the International Community about the de-facto moratorium of the use of PTA,” and has repeatedly reminded Sri Lanka of its obligations under GSP+.

The Sri Lankan government is currently negotiating with the International Monetary Fund (IMF) to secure a multi-billion-dollar bailout, and is in talks with international creditors to restructure the country’s foreign debt. The Wickremesinghe government should show that it tolerates peaceful dissent if the Sri Lankan people are to have any chance of holding it accountable for how new international loans are spent, Human Rights Watch said.

“President Wickremesinghe seems intent on disregarding calls by Sri Lankans for political reform and accountability, and those by his allies abroad to improve respect for human rights,” Ganguly said. “While people inside the country suffer repression and economic hardship, Sri Lanka’s international partners need to make sure that Wickremesinghe can’t ignore their message.”