header logo
Asia asset finance
Mogo Academy
Latest
‘If we keep arguing, then we all are going to suffer’ – President
Aug 17, 202205:26 PM
‘If we keep arguing, then we all are going to suffer’ – President

President Ranil Wickremesinghe states that the emergency regulations will not be extended further as the situation of the country is getting back to normal and that it will lapse by the end of the week.

 

“But that is not enough. We have to have an attitudinal change and if we do that, then this country will have a future,” said the president, speaking at the 2022 award ceremony of the “Organisation of Professional Associations of Sri Lanka which was presided over by him.

 

“Just after I became the Minister of Finance, I found that I was richer than the Republic of Sri Lanka as far as the foreign exchange was concerned. I had thousand dollars at home which I had saved, so I was thousand times richer than the Republic.”

 

President Wickremesinghe also stated that discussions are underway with the International Monetary Fund (IMF) to finalize a staff-level agreement, while there are two groups that prevail now, the West which is planning to provide a haircut and China which would like to give additional loans to pay off existing loans.

 

“We are talking with Japan about how this could be achieved. If we move fast, this will be a short way and if we still keep arguing, then we all are going to suffer.”

 

President Wickremesinghe further pointed out that they are trying to make the parliament into a government by having oversight committees and a national council. The oversight committees will not only consist of the members of the parliament but also 05 youth representatives who are allowed to question parties with the permission of the chairman, he added.

 

He also acknowledged that no other country in the world has allowed young people to take part in oversight committees.

 

In this parliament, we must have the capability of coming up with a new system. “We cannot be passing it to others. The baby is ours. We’ve taken it, we’ve got to carry it. And if possible, from there, [we should] go ahead to a new constitution.

 

“We are also looking at the Diaspora. It is a strength; it is also a source of investment,” he said further, noting that the country needs to sort out the issues among ethnic groups.

 

The President also mentioned that the government has paid attention to establishing a separate office to deal with the Diaspora in order to obtain its support.

 

 

 

 

MostRead
Mobitel 5g
VideoStories
Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Lassana Flora