{"id":92208,"date":"2022-05-20T08:12:12","date_gmt":"2022-05-20T08:12:12","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=92208"},"modified":"2022-05-20T08:12:12","modified_gmt":"2022-05-20T08:12:12","slug":"news-in-sri-lanka-by-dr-harold-gunatillake","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/news-in-sri-lanka-by-dr-harold-gunatillake\/","title":{"rendered":"News In Sri Lanka &#8211; by Dr harold Gunatillake"},"content":{"rendered":"<h1 style=\"text-align: center;\"><span style=\"font-size: 24px; color: #800080;\"><strong>News In Sri Lanka &#8211; by Dr harold Gunatillake<\/strong><\/span><\/h1>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-77916\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2021\/11\/Harold-Gunethilake.jpg\" alt=\"Harold-Gunethilake\" width=\"160\" height=\"160\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/PD2OM8cPk2I\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><span style=\"color: #000000; font-size: 16px;\"><strong>Website:<\/strong>\u00a0<span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"http:\/\/doctorharold.com\/\" target=\"_blank\" rel=\"noopener\">doctorharold.com<\/a><\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Transcript:<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">Bringing the most important latest news to your doorstep \u201cIf the ongoing protests diminish through fatigue and fail to monitor Wickremasinghe, Lanka\u2019s fall into the abyss will not only be inevitable but extremely painful as well\u201d.<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">Sasanka Perera-Professor of Sociology and Dean of Social Sciences at South Asian University, New Delhi.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">In his first interview since taking office, Mr Wickremesinghe told the BBC he would ensure families get three meals a day. Appealing to the world for more financial help, he said, &#8220;there won&#8217;t be a hunger crisis; we<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">will find food&#8221;.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The new PM described the Sri Lankan economy as &#8220;broken&#8221;, but he said his message to Sri Lankans was to &#8220;be patient; I will bring things back&#8221;.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Sri Lanka\u2019s political and socio-economic disaster turned into deadly combat between the progovernment thugs with the backing of Mahinda Rajapaksa and several MPs\u2019, killing eight people and wounding over 200 anti-government demonstrators in front of the Temple Trees, the residence of the PM, on Galle Road. The military had been called to contain the violence, and a curfew was enforced.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Attorney General\u2019s Department directed the CID to arrest 22 suspects, including MPs Johnston Fernando, Sanath Nishantha, Sanjeeva Edirimanna and Senior DIG Western Province, \u201cif sufficient evidence is available against them. Over the attack on protesters near Temple Trees and Galle Face on May 9.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The Department has also instructed the CID to record the statements of those on whom foreign travel bans have been imposed. There is a foreign travel ban on former Prime Minister Mahinda Rajapaksa.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Former Provincial Councillor (PC) Amal Silva and an employee of the Moratuwa Urban Council have been arrested over the attacks on peaceful anti-government protesters at the Galle Face Green in Colombo on 09th May.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\"><strong>Wickremasinghe was appointed as Prime Minister.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Wickremasinghe, backed by the ruling party, is still intact and enjoying majority support in parliament. Mr Wickremasinghe has been criticised for being nominated for the premiership by Gotabaya Rajapaksa after Sujith Premadasa declined to accept the position unless under three conditions: one of them is Gothabaya Rajapaksa must resign.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">President Gotabaya Rajapaksa told opposition leader Sajith Premadasa that his offer to form a government under several conditions came too late, local media reported, citing a letter.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">As Premadasa had rejected an earlier offer, Rajapaksa said he had decided to name Ranil Wickremesinghe as premier. Also, Premadasa had some conditions that hadn\u2019t been agreed to by other party leaders. P.K.Balachandran from NewsIn Asia reports: Be that as it may, Wickremesinghe\u2019s real challenge is not so much within parliament, but outside parliament, on the economic front.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The country\u2019s forex reserves continue to be abysmally low \u2013 US$ 50 million, according to the Central Bank Governor Nandala Weerasinghe. But US$ 70 million is immediately required to offload a consignment of fuel which has arrived. Indian aid, now notching up to US$ 3.5 billion, is keeping the economy from sinking, but in three months, that flow will come to a halt. The promised Chinese aid of US$ 2.5 billion is yet to materialise due to some conditions<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">placed by Beijing, according to Sunday Times. Reportedly Sri Lanka immediately needs US$ 1 to billion.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">According to the Governor of the Central Bank, the expected IMF facility will take six months to be extended. But once the Staff Level Agreement with the IMF is signed, the World Bank and the ADB will extend help, it is said. The World Bank has already given US$ 600 million.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Western countries have not even offered bilateral or multilateral help. As a Sri Lankan academic once out, the \u201cAmericans come with a bagful of advice, not money.\u201d Japan is the only country from the Western camp which is likely to help because of its long-standing position as a leading donor. Even now, its loans to Sri Lanka are slightly more than China\u2019s, accounting for 10.8% of the total Sri Lankan external debt of US$ 51 billion.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Wickremesinghe is keenly aware of the dire economic situation and has told the media that his first task will be to see the public get their basic needs, such as food and fuel. \u201cI will see that every Sri Lankan has three meals a day,\u201d he said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The Opposition\u2019s attempt to discuss the sign expressing displeasure over President Gotabaya Rajapaksa was blocked in Sri Lankan Parliament by the Government. The Government secured 119 votes, while the opposition obtained 68 votes.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Newly elected prime minister Ranil Wickremasinghe states that we must make the most of our historical ties to the Asian region.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">According to a statement from his media units, the prime minister commenced discussions on forming a foreign consortium for financial assistance. The envoys of India and Japan pledged continued assistance to help stabilise the island nation\u2019s economy and gather support from other foreign countries. The Chinese ambassador also assured the continuation and review of service, while Wickremesinghe had alluded to constitutional reforms promised by the<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">president in a meeting with the US envoy.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Stocks Surge on News of Political Stability Sri Lankan stocks surged for a second day as the appointment of the new prime minister was seen as a step toward political stability.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The Colombo All-Share Index jumped 4.4% and was the best performing key gauge in Asia on Friday. For the week, which saw only three days of trading, the indicator advanced 9%, its biggest weekly gain since January 2021, data compiled by Bloomberg show.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Still, market participants remain cautious as the premier needs to build a cabinet of ministers and take steps to calm public anger. Low foreign exchange reserves, a potential delay in negotiations with IMF for financial aid and rising interest rates remain critical risks for market sentiment, as reported in Bloomberg.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The Samagi Jana Balawegaya (SJB) parliamentary group has unanimously decided to fully support all progressive steps taken by the new government and development activities through parliamentary processes without accepting any posts.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">\u201cWe are telling you that we will not take any portfolio in Ranil Wickremesinghe\u2019s government,\u201d said Ranjith Madduma Bandara, the general secretary of the Samagi Jana Balawegaya party.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Though political circles give many reasons for President\u2019s decision to make Wickremesinghe Prime Minister, the most cited reason is that he has entered into a deal with Wickremesinghe to run the administration smoothly and successfully so that, at a suitable time, he will be given a safe exit from power and perhaps the country itself. It is said that the President had agreed to assist with the repeal of the 20 th. Amendment of 2020 had given him dictatorial<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">powers and substituted it with the 21 st. Amendment, which will be a new avatar of the 19 th.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">An amendment under which the President would only be a figurehead and not a functioning Executive President. Gotabaya Rajapaksa had also told Wickremesinghe to take all decisions and promised to sign on the dotted line.<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">Will, the Pohottuwa government members support Ranil Wickremasinghe in parliament deliberations is yet to be seen.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">With the political decks cleared or about to be removed, Wickremesinghe will be able to attend to the urgent task of ensuring a steady flow of foreign exchange. He would engage in intensive diplomacy with all major powers and international financial institutions to meet the basic needs of the much deprived and helpless people of Sri Lanka and put the derailed Lankan economy back on the rails. This news is from in NewsIn Asia.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The destiny and the people\u2019s future are solely in the hands of Ranil Wickremasinghe. The ruling SLPP party has handed this 26th prime minister, and he is known as someone with international support to pull this country out of the economic problems faced by the people.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">There are queues everywhere you go, and Ranil Wickremasinghe must end it. The country had no option because the main opposition Samagi Jana Balavegaya and most opposition parties claimed his appointment was illegal. He was the most experienced prime minister able to steer a troubled country to stability and bring about the glory the people<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">enjoyed after Independence.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Some doubt whether he can restore political stability to a country wracked by civil unrest and gone into bankruptcy.<\/span><br \/>\n<span style=\"font-size: 16px; color: #000000;\">We have to wait and see what happens next, and the vision seems to be gloomy.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">I hope you liked this video presentation. Stay safe, and let us all keep praying. Goodbye for now.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">Disclaimer:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 16px; color: #000000;\">The information contained in this article is for general information purposes only, and whilst the author will endeavour to keep the information up to date and correct, eLanka makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the eLanka website or the information, products, services, or related graphics contained in this article for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In otherwords, eLanka In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website \/ article. Also please note that through this website \/ web page articles you are able to link to other websites which are not under the control of eLanka and therefore we have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News In Sri Lanka &#8211; by Dr harold Gunatillake &nbsp; Website:\u00a0doctorharold.com Transcript: Bringing the most important latest news to your doorstep \u201cIf the ongoing protests diminish through fatigue and fail to monitor Wickremasinghe, Lanka\u2019s fall into the abyss will not only be inevitable but extremely painful as well\u201d. Sasanka Perera-Professor of Sociology and Dean of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":92209,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20,1103],"tags":[38265,8927,43355,7465,7466,44265,44266,30318,44268,28517,33196,44263,44264,44261,44262,687,31569,44267,37124],"class_list":{"0":"post-92208","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"category-dr-harold-gunatillake","9":"tag-bbc","10":"tag-central-bank","11":"tag-galle-face","12":"tag-gotabaya-rajapaksa","13":"tag-mahinda-rajapaksa","14":"tag-p-k-balachandran","15":"tag-r-nandala-weerasinghe","16":"tag-ranil-wickremasinghe","17":"tag-ranjith-madduma-bandara","18":"tag-sajith-premadasa","19":"tag-samagi-jana-balawegaya","20":"tag-sanath-nishantha","21":"tag-sanjeeva-edirimanna","22":"tag-sasanka-perera","23":"tag-south-asian-university","24":"tag-sri-lanka","25":"tag-sri-lankan-parliament","26":"tag-sri-lankan-stocks","27":"tag-world-bank","28":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>News In Sri Lanka - by Dr harold Gunatillake - eLanka<\/title>\n<meta name=\"description\" content=\"Bringing the most important latest news to your doorstep \u201cIf the ongoing protests diminish through fatigue and fail to monitor\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News In Sri Lanka - by Dr harold Gunatillake\" \/>\n<meta property=\"og:description\" content=\"Bringing the most important latest news to your doorstep \u201cIf the ongoing protests diminish through fatigue and fail to monitor\" \/>\n<meta property=\"og:url\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/news-in-sri-lanka-by-dr-harold-gunatillake\/\" \/>\n<meta property=\"og:site_name\" content=\"eLanka\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eLanka.com.au\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-20T08:12:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2022\/05\/news-in-sri-lanka-e1653034225359.png\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"173\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"eLanka admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"eLanka admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/news-in-sri-lanka-by-dr-harold-gunatillake\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/news-in-sri-lanka-by-dr-harold-gunatillake\/\"},\"author\":{\"name\":\"eLanka admin\",\"@id\":\"https:\/\/websitedesigns.com.au\/elankanew\/#\/schema\/person\/f6e635b74ab35ef88a68a9973cacc5bd\"},\"headline\":\"News In Sri Lanka &#8211; 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