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Central Bank salary issue: The ball is in Harsha’s court

Central Bank salary issue: The ball is in Harsha’s court

By Ranjith Padmasiri   The no-confidence motion against Speaker Mahinda Yapa Abeywardena and the controversial increase in the salaries of Central Bank staff were among the highlights of Parliamentary activities this week. Opposition Leader Sajith Premadasa and 43 opposition members signed the motion, which was handed over to Parliament’s Acting Secretary General, Chaminda Kularatne. The motion [...]

Main political parties step up plans for polls

Main political parties step up plans for polls

Basil returns to work out SLPP strategy NPP mobilises retired police officers in addition to other retired security forces personnel to support its campaign Gotabaya’s book alleges conspiracy to oust him, but presents no facts to back the claim ITAK leader attends funeral of Rajiv Gandhi killer; urges that other convicts be sent back to the [...]

Meddlesome Mr 10 percent returns

Meddlesome Mr 10 percent returns

My dear Basil, I am writing to you after seeing you return to Paradise to a hero’s welcome after spending some time in America. I wondered why so many came to welcome you, an ordinary citizen with no official position. Maybe it is to see how a ‘kaputa’ gets off the plane rather than a [...]

Gotabaya complements regime-change US diplomat Nuland

Gotabaya complements regime-change US diplomat Nuland

In the power circles of Washington DC, the resignation of Victoria Nuland, the third-ranking US diplomat, as Under Secretary of State for Political Affairs this week came amidst a US funding ‘pause’ for Ukraine to continue with war efforts against the Russian invasion. Ms. Nuland, a career foreign service officer who has Ukrainian roots, came [...]

Political uncertainties serious threat to economic stability and development

Political uncertainties serious threat to economic stability and development

Considerable political uncertainties threaten economic stabilisation, recovery, and growth. The run-up to the elections this year would no doubt disrupt economic activities. Then the outcome of the elections could pose serious threats to the implementation of economic reforms and needed directions in policy. Even worse, a stalemate in the results could lead to political chaos. [...]

That ‘strange logic’ of the Central Bank and other absurdities

That ‘strange logic’ of the Central Bank and other absurdities

An exceedingly strange ‘logic’ underlines Governor of the Central Bank Nandalal Weerasinghe’s claim that bringing legislative controls to prevent the Central Bank granting gargantuan salary hikes to its employees from the highest level to the lowest office assistant, will impact on the ‘independence’ of the Bank. Morality or the law? This will, in turn affect [...]

Gender equality – what it means for the women and the country

Gender equality – what it means for the women and the country

March 8, is marked the world over as International Women’s day. While the day is commemorated as symbolic of the gender inequality that exists world over and the need to highlight the importance of empowering women who lag behind in many sectors of life. Events are arranged on this day in Sri Lanka as well [...]

MPs roast Central Bank Guv for outrageous annual 2.8b pay hike

MPs roast Central Bank Guv for outrageous annual 2.8b pay hike

A unified parliamentary squad gave a proper roasting to Central Bank Governor Nandalal Weerasinghe and his senior staff for serving themselves to an over-the-top salary increase that will cost taxpayers nearly an extra 2.8 billion bucks per year. Two weeks ago, in the present squalor of all-round poverty, news of Central Bank Governor Weerasinghe liberally [...]

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