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Friday June 9th, 2023

Sri Lanka state minister rules out fourth COVID-19 jab

Sinopharm COVID-19 vaccine – Image credit: Wikimedia Commons

ECONOMYNEXT – Sri Lanka’s State Minister of Pharmaceutical Production Professor Channa Jayasumana has ruled out the need for a fourth dose of a COVID-19 vaccine, pointing to early though as yet unconfirmed indications that the spread of the SARS-CoV-2 virus is coming to a halt with the Omicron variant.

“We don’t think we have to talk about a fourth dose just yet, so we are not buying vaccines for that purpose at the moment. However, if an unexpected situation does occur where a fourth dose is necessary, we have plans in place, and we are ready to carry them out,” said the Minister, speaking to local media on Monday (17).

Denmark recently became the first European country to offer a fourth dose, following Israel and Chile, who have started rollouts already despite divided opinion among the scientific community concerning the effectiveness of extra doses against Omicron and possible future variants.

There is also debate surrounding the notion that Omicron does indeed signal the end of COVID-19, with US National Institute of Allergy and Infectious Diseases Director Dr Anthony Fauci saying at the World Economic Forum Davos Agenda Online Conference 2022 that it is “an open question as to whether or not Omicron is going to be the “live virus vaccination” that everyone is hoping for.”

The idea that Omicron will help to bring an end to the pandemic lies in its relatively less deadly nature and high transmissibility, international reports say. Scientists hope that a type of herd immunity can be developed among those who contracted the Omicron variant, and eventually among entire populations, which will bring COVID-19 closer to a more endemic level. However, with hospitals sometimes unable to cope with the sheer volume of patients, and the variability of the COVID virus, an end to the pandemic is still conjecture at best, other experts contend.

Meanwhile, Sri Lanka’s health authorities have been encouraging citizens to get their second and third doses as soon as possible, with children aged 12 to 15 getting a single shot of the Pfizer-BioNTech vaccine. The government also approved the import of the first oral antiviral medication for COVID-19, Molnupiravir, in November 2021, although the decision has been pushed back since then in order to reanalyze the effectiveness of the pill.

With Omicron spreading around the island, public places, government schools and most businesses remain open, and public life goes on much the same as usual, health officials have said, warning of a possible spike in cases in the coming days.

Related: Long weekend trips could mean COVID-19 spike soon, Sri Lanka officials warn

(Colombo/Jan18/2022)

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Sri Lanka’s police, health workers mostly violate rights of LGBTQ community – report

ECONOMYNEXT – Sri Lanka’s law implementing police officials and health workers among the top in violating the rights of lesbian, gay, bisexual, transgender, and queer (LGBTQ), according to a study, citing the complaints at the local Human Rights Commission and police.

A study conducted by Bridge to Equality, a civil rights group concerned over LGBTQ in Sri Lanka, shows that 160 rights violation cases reported to the police out of a total 235  during the 18 month period through March 31, 2023, are involved with police and health sector workers.

The data showed that police have been the perpetrators in 96 rights violation cases, while 64 cases are involved with health workers including medical officers.

“The analysis shows that some LGBTQ persons are reluctant to go to the authorities (such as the Human Rights Commission of Sri Lanka or the Police) due to the existing penal laws and various social stigmas that continues to exist in the society,” the Bridge to Equality said in the conclusion of the report based on the 235 complaints.

“These stigmas may include inaccurate perceptions that LGBTQ persons are psychologically unwell or that it is a trend or ‘lifestyle’ that conflicts with the Sri Lankan culture.”

The human rights violations have been involved with article 12 of the constitution which is involved with equality before the law and protection from discrimination, followed by article 11 which is linked to protection from torture and cruel, inhumane and degrading punishment.

The LGBTQ community also faces unlawful arrest, the report said.

Sri Lanka’s Penal Code, which states that “carnal intercourse against the order of nature” is a criminal offence” makes gayism  and lesbianism against the country’s law.

Meanwhile, the transgender community has been targeted by another section of the Penal Code which criminalises “pretending to be some other person.”

Civil groups such as the Human Rights Watch and iProbono have said that individuals in the LGBTQ+ community have been subjected to forced anal and vaginal exams as well as being subjected to homophobic slurs from hospital staff.

The Health Ministry admitted that its workers have been violating the rights of LGBTQ.

“The LGBTQ+ community has been subjected to physical, verbal and sexual harassment by those in the medical field,” Anwar Hamdani, Director of Tertiary Care Services at the Ministry of Health, told EconomyNext.

Police Spokesman Nihal Thalduwa said only transgender people are legalized in Sri Lanka.

“Others are not legally accepted in the country. That’s how the police get included in this. Take lesbian as an example. There can be some who like it. However, even if there are people who are in favour of that, if some people complain about it, since it is not legally accepted then the police will have to take actions against it,” Thalduwa told EconomyNext.

“Since it is illegal, police will have to act on the existing law.  Police do not have anything against it if that is legal. Maybe because of that there may be a perception saying the police are harassing them. But it is not like the police are going after individuals and harassing them.”

“However, when it comes to transgender issues the Police commissioner has issued circulars asking all police officers to take necessary precautions to not to harm the individuals privacy.”

While the repeal of the Penal Code that criminalizes gayism and lesbianism is currently in the process of being debated in parliament, convictions against those in the community are being carried out by the police.

“Other than a transition between genders, LGBTQ+ activity is unlawful in the country,” Thalduwa said.

“Therefore, those who are against the LGBTQ+ community look to the police to curb these activities. Because of its unlawful nature, convictions are being carried out.” (Colombo/June 08/2023)

 

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Sri Lanka rupee close at 294.50/295.50 to dollar, bond yields up

ECONOMYNEXT – Sri Lanka spot US dollar closed weaker at 294.50/295.50 rupees and the bonds were up on Thursday, dealers said.

The Spot US dollar closed at 291.00/292.00 rupees rupees on Wednesday.

A bond maturing on 15.09.2027 closed at 23.40/60 percent up from 23.10/40 percent a day earlier, dealers said.

A bond maturing on 01.05.2025 closed at 26.75/27.00. percent, up from 26.25/60 percent on Wednesday.

(Colombo/ June 08/2023)

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Sri Lanka’s shares close higher on favorable macroeconomic prospects

ECONOMYNEXT – Sri Lanka’s shares closed higher on Thursday, as investor sentiments picked up on lowered inflation and policy rate cuts, after two consecutive losses in previous sessions due to selling interest and profit taking, an analyst said.

The main All Share Price Index was up 0.52 percent or 45.28 points to 8,767.34, this is the highest the index has been since May 18, while the most liquid index S&P SL20 was up 0.65 percent or 16.05 points to 2,479.87.

The market was seeing gains, due to lowered policy rates and low inflation stimulating buying interest and driving the sentiment up, an analyst said.

Sri Lanka’s inflation in the 12-months to May 2023 has eased to 25.2 percent from 35.3 percent a month earlier according to a revised Colombo Consumer Price Index calculated by the state statistics office.

The central bank cut the key policy rates by 250 basis points to spur a faltering economic growth as inflation was decelerating faster than it projected.

“There are gradual improvements in the market sentiment, with positive sentiments coming in from lowered policy rates and inflation,” an analyst said.

The market generated foreign inflows of 57 million rupees and received a net foreign outflow of 282 million rupees.

The market generated a revenue of 853 million rupees, this is the highest the turnover has been since June 01, while the daily turnover average was 1 billion rupees. From the total generated revenue, the banking sector contributed 120 million rupees, Diversified Banks contributed 115 million rupees and the Capital Goods Industry generated 78 million rupees.

Top gainers during trade were Commercial Bank, Hatton National Bank and Cargills. (Colombo/June06/2023)

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