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Thursday May 23rd, 2024

Sri Lanka adopted 75 new laws in the past two years: President

ECONOMYNEXT – Sri Lanka has adopted 75 new laws in the past two years, the island-nation the country with the most up-to-date legal framework in South Asia, President Ranil Wickremesinghe has said.

“After almost a century, we have implemented numerous reforms in the field of law. Over the past two years, we have enacted approximately 75 new laws. This is a significant achievement, considering that some parliaments work for even 4 or 5 years without passing this amount of laws,” Wickremesinghe said during the opening of the new Court Complex in Theldeniya on Wednesday (15).

The original Magistrate’s Court in Theldeniya was submerged under the Victoria Reservoir. The new court complex, a three-storey building, accommodates the Magistrate and District Courts along with other essential facilities.

“A government’s purpose is to work, and MPs should attend Parliament to fulfil their legislative duties. We have worked to introduce a new legal system by adopting these laws in Parliament.”

This new legal system will foster a new political culture in the country, Wickremesinghe said.

“We have also paid special attention to addressing delays in the legal process. For justice to be realized, the law must be executed in a timely manner. Efficient hearings will encourage more cases to be filed, ensuring that justice is served promptly.”

The rule of law should be reaffirmed in the country, Wickremesinghe said. “If people take the law into their own hands and destroy property, there is no law. The stability of a country depends on the rule of law. A country gains recognition only when justice is done; otherwise, there will be no development, and investment cannot be expected.”

Sri Lanka has agreed with the International Monetary Fund (IMF) to implement several laws to support an economic transformation, the president said. “Sri Lanka has previously been accused of violating IMF agreements, but now, with these agreements enforced by law, such violations are no longer possible.”

“Moving forward is imperative. Failure to comply will jeopardize the support we expect from the IMF. These laws are expected to be introduced after our June meeting with the IMF.”

The government has also presented three more draft bills that are scheduled for cabinet approval next Monday.

“Subsequent laws will follow after establishing the foundational framework of the economic transformation law. These actions are being undertaken in accordance with agreements reached with the IMF and countries that have provided loans. Discussions with private creditors are also progressing positively.” (Colombo/May15/2024)

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Sri Lanka has power breakdowns amidst extreme weather

ECONOMYNEXT – The state-owned power utility, the Ceylon Electricity Board has reported over 36,900 breakdowns resulting in power interruptions to more than 300,000 consumers in the last three days due to inclement weather in the island, the power minister said.

“Additional service staff has been assigned to attend the breakdowns and the CEB management & service staff are working 24 hours to restore power to the affected consumers,” Minister of Power and Energy, Kanchana Wijesekera said on social media platform X (twitter).

Wijesekera said consumers could report power interruptions through the CEB hotline 1987, via SMS to 1987 with BD and the electricity consumer number to follow, or use the CEB Care app, or through http://cebcare.ceb.lk.

The South-East monsoon has seen floods, landslides and strong winds do damage to the utility provider’s infrastructure in the last week. (Colombo/May23?2024)

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Sri Lanka President calls for unity, sacrificing for a better tomorrow on Vesak day

ECONOMYNEXT – Sri Lanka President Ranil Wickremesinghe has recalled a sermon from the Buddha about sacrificing for a better tomorrow, and called for unity to heal and rebuild the country, as Buddhists celebrate Vesak.

Buddhists celebrate Vesak as commemorating the birth, enlightenment and passing away of the Buddha.

“At this challenging moment, we as a nation should cultivate the same great zeal for enlightenment that Buddha exemplified, inspired by his sermon, “Maththasukha parichchaga- passé che vipulan sukhan” – to sacrifice today for a better tomorrow,” President Wickremesinghe said in his Vesak day message.

“We must remember the advice of Lord Buddha, “Sabbattha Sammanaso,” to treat everyone equally and ensure we put it into practice as a country. This is the greatest offering we can present to the Buddha on this Vesak day.

“Regardless of race, religion, caste, or political affiliation, we must all unite to heal and rebuild our country. ”

The full statement is reproduced below:

The Vesak festival is a profoundly sacred day for Buddhists worldwide, commemorating the Buddha’s birth, enlightenment, and passing. Buddhists in Sri Lanka, along with their brethren around the globe, celebrate Vesak with deep devotion. They spend this period engaging in religious observances and venerating the Buddha with fervent devotion.

At this challenging moment, we as a nation should cultivate the same great zeal for enlightenment that Buddha exemplified, inspired by his sermon, “Maththasukha parichchaga- passé che vipulan sukhan” – to sacrifice today for a better tomorrow.

We must remember the advice of Lord Buddha, “Sabbattha Sammanaso,” to treat everyone equally and ensure we put it into practice as a country. This is the greatest offering we can present to the Buddha on this Vesak day. Regardless of race, religion, caste, or political affiliation, we must all unite to heal and rebuild our country. The principles of Lichchavi Raja Dharmaya will guide us in this endeavour.

Let us keep in mind that the primary aim of the Vesak festival is to foster spiritual growth and character development in a world rapidly advancing physically. I wish everyone a blessed Vesak festival.

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Sri Lanka to host foreign artistes, Sigiriya fashion show to promote tourism

ECONOMYNEXT- Sri Lanka plans to bring down international artistes, and hold water festivals to boost tourists, Sri Lanka Tourism Promotion Bureau Chairman, Chalaka Gajabahu said.

“We will be hosting a few international artists in September to December,” Gajabahu told EconomyNext.

“We would also be having a fashion show in Sigiriya.”

Sri Lanka is targeting 2.3 million tourists in the year 2024 with expectations that it may go up to 2.5 million Gajabahu said.

Sri Lanka is also planning on having a water festival in coastal towns such as Trincomalee, Arugambay  and Kalpitiya in order to showcase Sri Lanka’s capacity for watersports, Gajabahu said. (Colombo/May22/2024)

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