Most Sri Lankans enjoying the Avurudu festivities may be unaware that the country's security establishment has been preoccupied for weeks now about the changing political firmament.
"Thaaththa," Bindu Udagedera asked, "who is this Avurudu Kumaraya?"
"Why do you suddenly want to know about the Avurudu Kumaraya?" Bindu's father Percy asked.
"Why, thaaththa," Bindu said, "they said that the Avurudu Kumaraya visits during the Sinhala New Year…"
"Yes, they say that," Percy said, "but I am not sure whether he will do that again this year…"
The release of another tranche of US$ 426.8 million of the IMF US$ 2.6 billion standby facility provides the country a breathing space to come out of the balance of payments crisis. It gives the country time to adjust policies to ensure a lesser trade deficit and thereby avoid balance of payments difficulties. Apart from the replenishment of the reserves by US$ 426.8 million, it restores international confidence in the Sri Lankan economy.
There was a dramatic scene that took place at the Dudley Senanayake commemoration ceremony which had been organized near the statue of the late Prime Minister at Borella on Friday.
From the sidelines
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