NEW DELHI: Largely missing from the Indian media coverage of developments in Sri Lanka is the role of left-wing organisations such as the Janatha Vimukthi Perumana (JVP) and its more radical offshoot, the Frontline Socialist Party (FSP). There’s growing suspicion (perhaps more so in the Sri Lankan government) that the mobs on the streets are […]Read More
NEW DELHI: Sri Lankan President Gotabaya Rajapaksa has finally resigned, capping days of dramatic developments in the island session that saw mobs overrunning key government buildings, including the presidential palace. Parliament Speaker Mahinda Yapa Abeywardena confirmed the resignation this morning, saying the constitutional procedure of appointing a new President will now be activated. Till the […]Read More
NEW DELHI: Sri Lanka appears on the verge of total anarchy. The mobs are ruling the streets and although the prime minister’s office said a state of emergency has been declared, who will enforce it and how is not clear. In this conversation on The Gist, Dr. Harinda Vidanage of the Department of Strategic Studies, […]Read More
Voting for the next Sri Lankan President will take place in Parliament on July 20. The country’s main Parliamentary Opposition, the Samagi Jana Balawegaya (SJB), hopes its leader Sajith Premadasa will emerge winner. In a statement issued after party leaders’ meeting, the office of the Speaker of the House announced that following the resignation of […]Read More
NEW DELHI: The images streaming out of Colombo, Sri Lanka’s capital, in the last 48 hours are proof that the mobs have taken over. There is no visible government, the whereabouts of President Rajapaksa and Prime Minister Wickeramasinghe are not known, and the road ahead is uncertain. In this chat on StratNewsGlobal, editor in […]Read More
The currency swap worth $1.5 billion provided by China in December last year cannot be utilised by the Central Bank of Sri Lanka as it came with a condition that Sri Lanka must have sufficient foreign reserves to cover imports for several months, a threshold that was not met even in December, before reserves began […]Read More
The Sri Lankan Cabinet of Ministers has approved a proposal by Prime Minister Ranil Wickremesinghe to amend five Acts, aiming to increase the government’s tax revenue to pre-2019 December levels, in a nearly total reversal of the controversial tax amendments made under President Gotabaya Rajapaksa and then Finance Minister Mahinda Rajapaksa. “Minister of Finance, Economic […]Read More
In a letter to Sri Lankan Prime Minister Ranil Wickremesinghe, the main Parliamentary Opposition, the Samagi Jana Balawegaya (SJB), expressed its support to repealing the 20th amendment to the Constitution and presented five key proposals to the 21st amendment to the Constitution draft Bill put forward by the government. “As we informed you at the […]Read More
Sri Lankan Prime Minister Ranil Wickremesinghe plans to introduce a new committee system to strengthen Parliament’s financial powers, as well as a National Committee to make the President and Prime Minister answerable to Parliament. He made this announcement during a special statement on the 21st amendment to the Constitution and proposed political reforms. He said […]Read More
NEW DELHI: The proposed 21st amendment to the Sri Lankan Constitution, which aims at curbing the unbridled powers of President Gotabaya Rajapaksa and was presented before the Cabinet earlier this week, will be distributed among party leaders for their observations, after which it will be sent back to the Cabinet for final approval. The 21st […]Read More
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