3 December, 2022

Blog

HSZ Symbolizes Increasing Economic Insecurity

By Ameer Ali

Dr. Ameer Ali

Politicians are notorious for hiding facts from the public particularly when those facts threaten their popularity. This is what explains the rationale behind RW’s High Security Zone (HSZ), which more than anything else, symbolizes the increasing economic insecurity for majority of Sri Lankans. He knows very well and does not want to tell the people that economic recovery is going to be disappointingly too tardy and too painful in spite of IMF assistance and reforms. HSZ is no fortress to protect betrayed leaders.

There are two sets of factors that make economic recovery more problematic and painful than when it was originally thought. The only criteria on which RW was chosen by his predecessor Gotabaya Rajapaksa (GR) to succeed him as president was the former’s exaggerated economic wizardry. While GR was blindly pursuing his disastrous alternative path for development endorsed by the two pliant CBSL chiefs, Lakshman and Cabraal, it was RW who, right from the beginning, insisted that there was no solution to the country’ s economic woes except to go to IMF.  As the crisis worsened that advice gained popularity and, when RW became the president, he pursued that route in earnest. The new CBSL Governor Weerasinghe endorsed that approach. In other words, being a firm believer in the efficacy of the ruling neoliberal economic order in which IMF is the chief watchdog, RW and his parliamentary acolytes assumed that the country would be out of the woods after a few months of IMF imposed austerity. The first set of difficulties arise from this approach. 

With an exaggerated optimism staff level talks with IMF began in earnest and ended with an agreement, the details of which are not yet presented to parliament because of their market sensitivity, for a loan of $2.9 billion to be given in four instalments. That loan was made contingent upon (a) government undertaking demonstrably progressive reforms in fiscal, monetary and foreign exchange areas so that public revenue could be raised, expenditure cut and budget deficit reduced, (b) structural reforms to clean up loss making SOEs and end corruption and (c) agreement with creditors on debt restructuring. How successful would that agreement going to be is yet to be seen.  

The Governor of CBSL is hopeful that the first tranche of the loan would be made available before the end of December this year.  However, when considered against the total dollar needs of the country at the beginning of 2022 when IMF was approached and the scale of assistance required to meet the situation now, the amount of $2.9 billion is pittance. Even with World Bank’s willingness to repurpose funds allocated already for other projects the total demand for dollars far exceeds the supply.

On top of these hangs the future of debt restructuring talks with the country’s creditors. Latest figures show that 34% of the debt belongs to Paris Club members of whom Japan holds the largest share with 19.5%. Of the balance 66% that belongs to non-Paris Club members 52% owes to China and another 12% to India. Given the strained diplomatic relations among the three creditors how the talks would end is anybody’s guess. 

The second set of difficulties arise from outside the country, and from the war in Ukraine. It is troubling to note that Putin’s announcement of partial mobilization and placing Russia’s economy on war-footing, are to prolong the war long and make it deadlier. This is bad news for the global economy, which is already feeling suffocated by supply shortages and supply-push inflation.  Food and energy are the two vital sectors that would feel the full impact of the global crunch, and food insecurity is set to escalate and poorer countries would be the major victims. To confront the inflationary fallout, US Fed and other central banks are raising interest rates at short intervals. Economists are expecting that Fed would raise its rate to around 5% by the end of this year. Bank of England’s borrowing rate has reached 4.5%. Even the Swiss National Bank, after seven years of negative interest rate since 2015, has gone into positive territory with 0.5%.  Other developed nations are following the same trend. All this would take their toll on global economic investment, output, employment and trade. In short, the world economy, including that of China, is facing significant slowdown.

Small and open economies like Sri Lanka are at the receiving end of this down turn. The apparel industry is already feeling the crunch because of falling export orders. In the manufacturing sector, companies are said to be looking to shift abroad, because of increasing risks at home. The latest survey conducted by the Ceylon Chamber of Commerce and United States Agency for International Development shows increasing pessimism among exporters. However, what makes recovery particularly more difficult and uncertain for Sri Lanka are additional problems caused by the country’s failure to fulfil promises made to international bodies like UNHRC in relation to human rights, economic crimes, and democratic freedom. These are non-economic issues arising from domestic governance and the ideology on which it is based. Yet, those issues impact the economy if external assistance were to be tied to the shortcomings of the system.

This is where the relevance of systemic change as demanded by aragalaya takes centre stage in finding solution to the country’s economic crisis. IMF reforms do not go beyond establishing macroeconomic stability and creating confidence among market players to resume investment and production. However, when the market itself operates in the interest of monopolies and mafias which are linked to centres of political power that in turn are corrupt and promote parochialism how could an economy thrive to benefit the entire nation? This is why solution to the crisis requires a multiprong approach involving change in the entire system. Neither RW nor his multi-party cabinet and supporters want to hear about it. Hence the president’s resolve to kill aragalaya, arrest its activists and erect open security fences like HSZ. That itself signals not easing but hardening economic insecurity in months to come.     

The spirit of aragalaya is not dead although around 3000 of its activists are languishing in jails. With all his precautionary measures RW is caught between the IMF hammer and an angry public’s anvil. The Maradana protest on Saturday 24th with police spraying teargas on the crowd before arresting around 80 of them, may be a dress rehearsal for the next phase of aragalaya.  Given this situation, the only recourse open to any political group trying to capture power is to tell the people the whole truth about the complexity of problems confronting the nation, explain the need for a multiprong approach to overcome them and seek fresh mandate to tackle the challenge. It is heartening to read from reports that the leader of NPP is now speaking publicly about specific proposals along that direction. His proposal to introduce structural changes to the market for example is one such proposal. More has to come to convince the voting public. 

Sooner the country goes to the polls better for its future. The hackneyed theme of protecting Buddhist Sasana and Sinhala hegemony may not work this time, because the saffron army and their demagogic foot soldiers who were leading that campaign last time stand discredited and condemned by the sufferings their heroes had caused in the name of Buddhism.   

*Dr. Ameer Ali, Murdoch Business School, Murdoch University, Western Australia

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Latest comments

  • 9
    1

    AA,
    I am with many others like you who wants to see a new constitution passed by the PEOPLE MANDATE [referendum] and to see the dissoving of the parliament followed by Parliamentary election. Election Commission should not accept nominations from uneducated ,corrupted, criminals ….

    • 2
      3

      This week, mysterious fires breaking out in Colombo, Norochcholai power plant breakdown, and hacking of the Energy and Electicity supply to ensure power cuts so it may be privatized, so to the train going off the tracks .. all to destroy public Transport is all part of an operation and pattern… hybrid War style.. like the CIA staged ISIS claimed Easter attacks on the Economy. Just when it was announced that Aeroflot Russian Airlines flights would resume…
      The MCC wanted the Transport and Energy infrastructure of strategic Sri Lanka which is now being put up for sale with the Debt Trap and Washington Consensus IMF Firesale.. These are not random accidents but All part of the pattern of hybrid war style operations to wreak the economy and Colonize Lanka… the Biggest Rogue State and Human Rights hypocrites operatives are clearly in town again…

    • 3
      0

      Dear Dr Ali,
      .
      I read it again and again, but I dont think it is favourable to go for elections without improving the awareness of the voters.
      .
      Ali@A good future if the country goes to elections soon.

      This is a great idea, are you sure to make a difference without subjecting yourself to actual awareness programs?

      The voters of the people repeated their mistakes again and again. This is now public secret.
      .
      Look at how many evil people (Alutgamage, Johnston, Keheliya, Wimal Buruwanze etc.) were re-elected despite the emphasis not to give a chance to big criminals and rich people in the last election campaigns. In a civilized world, afore mentioned criminals would have been put in a jail forever.
      .
      The sad thing is that several other good UNP and SJB MPs including JVP Sunil Handunnetty, Nalin Jayatissa were not elected. How can we read the mindset of the average ?
      .
      Our people are not standing on their heads? Knowing that clearly, how dare you believe the next election result so easily?
      :
      The hack theme of preserving Buddhist order and Sinhalese supremacy will not work this time, however, the Pinguttara community will protest strongly over not being able to pay their electricity bills. .

  • 5
    5

    It is perfectly OK for authors to have opinions. But Dr. Ali seems to have taken to rewriting recent history :
    “RW and his parliamentary acolytes assumed that the country would be out of the woods after a few months of IMF imposed austerity.”
    Where on earth did Dr. Ali get this impression? Here is the the PM speaking in July, and he clearly expects the crisis to last even past 2023.

    https://youtu.be/zATCvlMzNvc

    • 15
      1

      besides there is no new economic initiatives other than
      sending more sri lankans to clean toilets in ME and send their meagre FX for Ministers to import cars and luxury goods.
      awaiting for tourists to arrive, the Govt think Lotus Tower is a big tourists attraction

      • 13
        3

        ” the Govt think Lotus Tower is a big tourists attraction”

        Sure, in thousands of years: like the pyramids ………. can’t blame the government for being far-sighted.

        • 5
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          NF,
          .
          At that time they planned Hambantota Port and Mattala Airport, but the White Elephant project resembled ghostly luxury flats built in Ugandan cities.

          These are only infrastructure projects based on “intermediate rumours”. From taxpayer funds. The big failure is on stupid people of this country, because the “Sadhu Sadu Effect” blinded the animals involved forever.

          Not on anyone else. As my late mother would say over and over again, “good riddance to bad rubbish”; People should have thought ahead.

      • 1
        5

        “the Govt think Lotus Tower is a big tourists attraction”
        Let us wait for tourism to resume, however slowly.
        The Twin Towers of KL in Malaysia is still a tourist attraction, although it offers less of a view and aesthetically less impressive.
        Those who called Hambantota a white elephant have gone dumb now.
        Some things take time to produce results, but enduring results..

    • 3
      8

      It’s easier to read the comments than the article.
      .
      The problem, old codger, with most of your comments now is that you try to justify Ranil being the “Executive President” for as long as Providence will allow it.
      .
      That it is at our expense has now become almost a cliche.
      .
      But it is true also in a more insidious sense. The way things are going, this is bound to end in tragedy. When that happens, we, the citizens will once more be blamed. We’ll just be another failed third-world state.
      .
      Dr Ameer Ali has a higher sense of duty. He’s taking a lot of trouble writing these articles. Therefore, I must read it – later.
      .
      Panini Edirisinhe of Bandarawela

      • 7
        2

        Ameer Ali, has truthfully described our economic mess and the chances of any recovery. If at all with corrective measures and collective responsibility it’s possible long term depending on external factors which we have no control. ( like pandemic, war , conflict , global economy) .More over we seem to have no control on our internal/domestic factors.. Continuing with SHAM , cheap SB religious politics, SLPP circus , Rajapaksas mafia family, people having no clue what so ever, Ranil,s desperate patchup politics, opportunistic politics of those propping up government are no means of recovery. More we delay it becomes difficult and irreversible.

    • 2
      6

      “But Dr. Ali seems to have taken to rewriting recent history :”
      “Here is the the PM speaking in July, and he clearly expects the crisis to last even past 2023.”
      Old codger,
      First, Ranil is a President, not PM. You may not accept Sr. Ali’s opinion but that is the truth. He also talked about 2048. The fact is Ranil and Some wants to create an image that they have super power to solve all the economic crisis country without dealing with those who was responsible for the economic and political crisis. He should understand you cannot solve the problems of the country with the guns and without people.

      • 5
        2

        Ajith,
        At the time the video was recorded, Ranil WAS the PM. I don’t know if Ranil has super powers or not, but things are a lot better than they were. Who do you suggest can do better?
        “without dealing with those who was responsible for the economic and political crisis”
        Would you be able to tell me how it would help the country to lock up all the crooks? Will we get 50 billion USD? The priority is SURVIVAL, my friend. Principles can come later.

        • 3
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          “but things are a lot better than they were.”
          What way it is better than they were?

          • 4
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            Ajith,
            “What way it is better than they were?”
            You are welcome to have opinions, but they must be based on reality.
            1. Are people dying in gas queues now?
            2. Do people spend a week in a petrol queue?
            3. Is public transport back to normal or not?
            4.Are there 8 hour power cuts due to lack of
            fuel ?
            5. Are schools open or not?
            You may say everything is expensive, but how is devaluation Ranil’s fault? If Cabral went to the IMF an year ago, as Ranil recommended, it wouldn’t have happened.
            This is like blaming the tree when a coconut falls on your head!

            • 4
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              Ranil is born to be a scapegoat. Also during good governanace it was clear. Then again in terms of ” so called bond scam”; it was no different.
              .
              Mahinda is known record breaker of all various high crimes in this country, but is born to deceive our people forever. NOt even good buddhist monks come forward to break the silence, as yet today.

              Today, RW leads that meeting in Manila. Think about it, how would it be if Mr. Mahinda Rajapakse went to Manila to address the meeting? Sri Lankan television channels (Pachavahini) make headlines every 15 minutes to boast about Mahinda. That is why I still believe that the TV media in Sri Lanka is controlled by the vast stolen funds of the Rajapaksa criminal network.
              :
              This country and nation is being manipulated by none other than our media mafia.

            • 3
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              old codger

              “What way it is better than they were?”

              Saffron Gnana have had lovely meal (maybe halal beef stake) at Saudi Embassy. What more do you need? Once a great Shaolin warrior monk, hopefully now being tamed, since he looks and behaves like a kitten/bunny, not the Playboy variety.

              • 2
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                Native,
                “Saffron Gnana have had lovely meal (maybe halal beef stake) at Saudi Embassy.”
                Only Saudis can afford beef steak nowadays. Gnana jumped at the chance.

                • 2
                  0

                  Due to some reasons, Sri Lankan media giants are suppressing some news. Why don’t the stalwarts of Janatha Vimukti Peramuna and FL men who claim to be strong, raise their voice about it?

                  I think that if these people had a voice they would not get the attention they deserve from the corrupt media and they would suffer from unspeakable fear. Many people in this country live in fear…for some hidden reasons. So are the Sons-led groups. I really don’t know who to believe. How long the current government can stay in power is determined by low-level astrologers.
                  :
                  Nothing seems to be working to improve voters and their knowledge. Sirasa and other major media TV channels are not enough even today. This is why I think we all despair of a better future for the youth of this country.

                  I still can’t understand how headline news works in Sri Lanka. That scoundrel, the crow, the man who destroyed the central bank reserves left the country, even though he went to jail a month ago, not a single major news forum talked about it….wimal buruwanse and others are empowering. by the media. I think the media mafia in this country, the mess they create is a curse beyond a deadly cancer.

                • 3
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                  old codger

                  “Only Saudis can afford beef steak nowadays. Gnana jumped at the chance.”

                  How confident was he Muslims won’t secretly add contraceptive pills in his food/halal beef stake?

                  I am worried about his future without descendants who could carry on his good work.

                  Could nimal fernando help him.

            • 1
              1

              Old codger,
              You think the peoples from are only gas and electricty?
              Can you tell what is the cost electricity now than before?
              Do you know that the wholesale price of crude oil is gone down now?
              Can you tell what is the price of flour and bread now and then?
              You think IMF’ s 2.9 billion$ is free and everything solved.
              Ranil was PM since May but things changed only after Gota gone. The real factor contributed to the easing of some problem are not Ranil but the change of attitude of the West and India.

              • 1
                0

                Ajith,
                “Do you know that the wholesale price of crude oil is gone down now?”
                Yes of course, that’s why petrol is down by 40 bucks. Is that bad, in your opinion?
                “The real factor contributed to the easing of some problem are not Ranil but the change of attitude of the West and India.”
                That means they like Ranil, right? Is that bad?
                Or do you want Gota back? Make up your mind.

        • 4
          1

          OC
          Some live under the illusion that theft by the R family and cronies was the dominant cause for depletion of foreign reserves.
          Recovery of all amounts stolen (even if the worst claim is accepted) is important, but that by itself cannot put the economy back on track.
          There is a little too much of loose talk even by supposedly well informed people and plenty of gullibility around to match, conditioned by prejudice.
          I will like to hear someone who has credible numbers on offer.
          *
          None of the above is to say that the loot can be forgiven. Even with domestic burglary, priority is to recover stolen goods over punishing the thief, something that can take years with common criminals, but much longer with sophisticated thieves.
          *
          This “lock’em up logic” has parallels in obsession with punishing war criminals.
          Rehabilitation of victims and restoration of normal livelihood is seldom mentioned. Hanging an army commander or dumping a politician in a dungeon is priority to some.
          *
          I doubt RW’s ability to deliver and contest his methods to restore political stability. But to demand of him things that least matter is not quite stupidity, which I easily forgive.

          • 3
            1

            SJ,
            Some seem not to know the difference between a million rupees and a billion dollars.

            • 2
              1

              OC,
              Mahinda Rajapaksa made such a mistake not a few times but dozens of times in Parliament. They use “lease” and “sell” interchangeably to brand the political opponent. If Rajapaksa deals, it should be a lease, if RW does it should be an “outright sale”. However these are blatant lies.

              Nevertheless, MAIN stream media (TV) dont seem question ?????? why ?

              Do you remember the days, not only the former president but also worked with Cabral as the finance minister during 2005-2015. Arithmetic may not be their subject. Rather, the factual accounts of his actions show how skilled he was in large-scale criminal and money-laundering activities.
              :
              I don’t mind other people making mistakes like this, but politicians to such mistakes in public?
              .
              However, we overestimate of our educational standard……in srilanka…. our degress are the best. etc… ..
              .

              • 1
                0

                Our degrees

            • 3
              0

              old codger

              “Some seem not to know the difference between a million rupees and a billion dollars.”

              Do communists, socialists, Maoists, …… believe in money?
              They seem to reject the idea of money.
              Perhaps a barter system like the Rubber/Rice might be attractive.
              Under barter system there is no need for money or its value.

              Therefore SJ rather than typing nonsense in these forums he should start campaigning for the abolition of money citing reasons. He should discuss this important matter at this weekend meeting which he chairs at Tamil Sangam.

              • 0
                3

                Sad messenger boy.

            • 2
              0

              What a turn around? Not only Ranil but also some China based commuists now have become part of Rajapaksa family kingdom and protecting this kingdom.
              Yes. Rajapaksas and their 145 theives robbed billion dollars and few million rupees.

          • 1
            0

            “Some maintain that the main reason for the depletion of foreign reserves is theft by the R family and cronies”

            I truly believe this is not an illusion but a fact.
            .
            Did we have leaders in recent history who squandered “public money” as Mahinda Rajapaksa did between 2005 and 2015? did CBK ever did such huge losses ?

            Not even a single increase he squandered and looted massively allowing his henchmen to collect billions….remember ?

            Not once but several times, I saw with my own eyes how his entourage was loaded with unnecessary things… Think about it,… We pay about 1000 euros for a flight from Colombo to Europe. The airline. 300 MPs at government expense (€3000 x 300 = 9 000 00/flight with hotel and air travel – SR 225 million at the time) and how much would ministers spend on such an entourage? Was it wasted? Don’t you think it’s a big burden? With the airline losing all its money during that time.

      • 1
        0

        It is not the current president who created the current mess, as anyone in their right mind would realize. None other than Rajapakse. The Rajapaksas seized power to exonerate their judiciary against mass crimes. And the previous government did not let go. They are like the rebels of the previous government. They want to blame the hell in the country today. They do not owe any forgiveness.
        All they have done is to confuse the nation.
        Just think how many of our loved ones who could have been alive have died due to lack of proper medicines to fight covid 19. Even with the first vaccination, Gotabaya and his dog henchmen did not prioritize vaccination. Vulnerable groups. Instead, it was done with the lives of reasonable people. I lost my father and he didn’t have vaccines because his age was a barrier. I hate the Rajapaksas and their abusive nature from the beginning. I don’t believe in any religion today, because the damage Rajapaksa has done to this nation is incalculable. To our surprise, not a single man from that brutal family was kidnapped by Covid. Although myth is a common belief in our hell-like country, I do not believe in any karmic retribution.

    • 7
      3

      OC
      He has for long been a noted re-writer of history and that demands altering inconvenient facts.
      Many people have made up their mind about RW.
      Facts do not matter to the believers of the theory that RW conspired to become President— from when is anybody’s guess.
      Gossip, even if toxic, is a tastier staple than real news.

      • 5
        1

        “Gossip even if toxic, is a tastier staple than real news”. True , that’s the feeling I got, reading all about Jaffna UG council exploits. Regardless of rewriting, History repeats in Silly Lanka as its corrupted leaders.

        • 2
          3

          “Jaffna UG council “
          What is that?
          *
          Unable to defend the rewriter’s distortion of history?

          • 2
            1

            You need some practice in understanding simple statements. It was only an observation and means no more.

            • 1
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              Glad to note that you made an observation. But does it make sense?
              Do not lose your cool, just tell me who or what “Jaffna UG council“ is.

              • 0
                0

                Does it ( gossip) make sense ??? Let me think. ———-‘ Smoke without fire ????? Dosen’t look like re- writing, that’s (exploits) you making history.

  • 4
    2

    Dr Ali—I thought the problem simple
    IMF is Bretton woods type thinking democracy.. not charity but loans, on too much conditions and not “straight to the pocket” . We don’t like “system change preaching” and soft fear,no much needed heroism and blood….option 2 ….China the largest creditor (disputed ) but without its participation, restructuring schemes won’t last, and the Japanese know it ( they saw it in Zambia)…… but can provide protection for the masters. If vociferous about home-made cooking we should do some “teachings” on Chinese cuisine, available in a compact red book.They are friends too.
    We taste it like buffeters for our masters even for poison and they will make good choice for good price….we enjoy a good drink and watch wild west movie.

    • 5
      6

      F
      “.China the largest creditor (disputed ) but without its participation, restructuring schemes won’t last, and the Japanese know it ( they saw it in Zambia)”.
      It may help to check your information, which is public knowledge, before theorizing.

      • 4
        0

        The word “disputed” was used advisedly….one of us is missing something here… …hope it isn’t me!!
        Actually aware Indian loans, market borrowings stand higher now. Numbers aside, loans may be powerful if they trigger consequences on other loans, punitive action ,penalty etc.….Japans “views” were interesting …. Africa on pound of flesh…… seen it happen on the ground……flea markets and all !
        Call it what you may, but not theorizing if you see the pain…….It was best to gulp a drink in the dubious name of public knowledge !

        • 1
          4

          F
          There is nothing wrong with theorizing in itself. All of us indulge when we draw conclusions from raw data, unless we consistently lean on someone else for our conclusions.
          *
          One can use “disputed” as a protective shield for repeating any falsehood.
          That Chinese and Japanese loans were on par at 10% if one excludes ADB credit, which puts Japan far ahead.
          The bigger culprits are private lenders of N.America and Europe who own almost half the loans.
          The data for these had been presented several times here and elsewhere.
          *
          Even a ‘leftist’ writer here once claimed the China had seized Uganda’s airport, but did not even say sorry when the lie was exposed a day later.
          *
          When serous charges are made it will be good to verify the facts.
          On Zambia, these lines from “https://foreignpolicy.com/2022/09/07/zambia-china-debt-imf-economy/” may clarify the picture.
          “Beijing is not solely responsible for Zambia’s economic woes. Zambia’s government directly asked private U.S. creditors such as BlackRock, Zambia’s largest bondholder, to agree to cancel at least two-thirds of the debt owed. However, Tim Jones, head of policy at advocacy group Debt Justice, said the company has so far declined to do so.”

        • 1
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          (part 2)
          “Accusations of debt-trap diplomacy often fail to take into account African leaders’ choices as well as the unfavorable terms offered by Paris Club lenders. As the Guardian tells it, between 2002 and 2008 the value of Zambia’s mineral exports grew 500 percent, from $670 million to $4 billion, but it did not boost its tax revenue because Western and Indian commodity giants operating there were exempted from taxation on the recommendation of the IMF. (Zambia is Africa’s second-largest copper producer.)”
          *
          “U.S. Treasury Secretary Janet Yellen said last year that she would not want debt relief aid given through the World Bank and IMF to go toward repaying China. “We would be very concerned to see the resources that are provided to these countries used to repay Chinese debt. That would defeat the purpose of the programs,” she told lawmakers at the G-7 summit.”
          This speaks volumes on US policy that one can paraphrase as “Save our predators but bankrupt China”.

  • 6
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    Sinhala_Man
    I want to see how you are going to sort out the GRIEVANCES and ISSUES of the Tamil speaking SL citizens.
    None of the Leaders from the majority wants to talk about it as that would be suicidal for their political career.
    That’s WHY the Tamils say Singhalese has still not manage to produce a statesman since Independence.
    Their aims were to reduce the numbers of Tamils; colonisation of North and East; up country Tamils subjected to modern day slavery; Reducing the educational and job opportunities to Tamils etc

  • 8
    6

    “He knows very well and does not want to tell the people that economic recovery is going to be disappointingly too tardy and too painful in spite of IMF assistance and reforms. HSZ is no fortress to protect betrayed leaders.”
    Did he say anything to the contrary either?
    *
    Is it “in spite of IMF assistance and reforms”– or ‘because of the assistance and reforms’
    *
    “HSZ is no fortress to protect betrayed leaders.”
    Which betrayed leaders, and what is the need to protect any?

    • 5
      1

      ““HSZ is no fortress to protect betrayed leaders.”
      Dr. Ali is suffering from over-enthusiasm and consequent mixed metaphors.

  • 9
    6

    “Sooner the country goes to the polls better for its future.”
    On the one hand we are told that there is no future (now with the IMF sitting on top of us, as well).
    Then what difference will early polls make?
    Given the uncertainty that will follow despite all the wishful thinking, RW will probably be there more firmly for two more years, regardless of the author’s preferences.

  • 4
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    Even now the country going to dogs but powerful Chingkalla political forces and many Buddhist clergies and their handmaiden the so-called Archaeological department is going around the north and east with the support of the 325000 occupying Chingkalla armed forces and police is now concocting history and falsely claiming every other Hindu temple and an ancient Chingkalla Poutha site. The strange only target is Hindu temples, not a Christian church or Mosque, as these are building built only in the last two centuries. Also, know the economic repercussions and fallout the western Christian and Islamic world. Whereas if they can do anything to the Thamizh Hindus and they will be no fallback from anyone. The Hindians and even certain sections from Thamizh Nadu will give over support to this activity. They deliberately want to destroy the symbols, and history and take over the land of the Thamizh. In doing so they are destroying themselves and the island’s economy but do not care. Going around with the begging bowl and giving away large parcels of land to the Chinese, Hindians, and to any other foreign power, but do not want to recognise the land rights, the ancient history of the island’s Thamizh and the right to their homeland.

  • 2
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    Now Bangladesh dont need to use our port anymore it seems,we lost the Garment factories too,because of our mockery system, when investors comes these thaddias wants commission from them.
    Once remember the Poya day was fall in Thursday so the international school principal given Friday holiday too ,too many lock downs.
    I heard in UK public holidays
    Jan 1st
    Good Friday
    Easter Monday
    2days in May 1st day and the last day of the Monday
    August 2days
    Dec Xmas day and boxing day.
    Orther than that any Royal cerominise

    • 6
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      c
      Have you heard anything about how much gets done during X’mas week in UK?

      • 3
        4

        Probably much more than what you get done in a whole year.

        • 1
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          I am retired you forgot.

  • 5
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    Some people write comments not knowing what on earth they mean to tell others? If you don’t know who the betrayed leaders and who/how they are protected just shut up. If you don’t agree with election/referendum, then suggest what the alternatives are, dont just bull…t.

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      V
      Read OC’s comment above on the subject.
      He has a language lesson for you.
      *
      Bullshitting is a democratic right that you have and exercise to the fullest.
      Do you want to preempt others so that you may have a monopoly over it?
      No way!
      Bullshitting is, after all, far less harmful than parochial venom.

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    Evil Ranil’s one of the reasons why he had to be selected as EP was that he had to talk to the World Food Program, when it comes to Langkang. The same World Food Program says that 35% of the Langkang masses are without arrangements for their daily food (then 35% are beggars?). A profoundly serious situation. But Evil Ranil has banned government officials from commenting on social media. Already any info government releases to the media are utterly misleading, double meaning and racially charged fibs. Beyond WFP’s assessment of the food security situation of the masses, the true situation is more than 10% of the kids keeping out of schools because they do not get breakfast. The teachers, the Central and provincial government education officials, health officials, and other related officials have been commenting on social media that children are falling fainted in the assemblies and school meetings. The solution Evil’s government implemented is banning officials from writing that on social media. The worst case is Terrorist Rambo being the health minister. There was news that higher grade 300 specialists have left the country. Terrorist Rambo’s answer is “Let them go.” Back in Chitanta Government time, the New King, that time health minister said, “The worst ministry in Langkang was the Health Ministry.” Eventually Langkang Hospital hospitals are going to become skeleton and body parts harvesting junkyards.

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    Neither Evil Ranil (EP) nor Communist Denesh (PM) who withdrew from Ranil’s Resolution 30/1 went to UNHRC. Now, UNHRC is bringing its own Resolution, 51/1 or 51/2…….Neither Evil Ranil will have any hand on that and nor the Communist Denesh cannot withdraw from it.

    A trial, the personal lawyer of Hitler King went to UNHRC & UNGA. He is utterly ignorant of the matters handled in UNHRC, human rights and international humanitarian law. He is novice in politics; unelected even by his community, the same class of Ranil, who many times rejected by his community. In July, Ranil asked to select him as EP to answer The UN’s minor branch of World Food Program, but did not want to go to UNGA, that is where world presidents and Prime Ministers meet. When Evil was ascending to the throne, he said October 1st as the date for IMF’s loan. But the parliament, cabinet, media, masses………. nobody knows what’s cooking in that pot. The IMF’s purpose is to straighten broken countries. But in the Langkang case, the IMF is taking too long to release the loan. It looks like Evil is fooling them too to write a Secret Solution with the IMF too. It might be in Evil Ranil’s mind to take an IMF loan and pay back Old Royals’ sovereign bonds.

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    SJ
    The word “disputed” was used advisedly….one of us is missing something here… …hope it isn’t me!!
    Actually aware Indian loans, market borrowings stand higher now. Numbers aside, loans may be powerful if they trigger consequences on other loans, punitive action ,penalty etc resulting in seizure.….Japans “views” were interesting …. Africa on pound of flesh…… have been and seen it happen on the ground……flea markets and all !
    Call it what you may, but not theorizing,nor claiming to know state secrets,but but in the places I have been, have seen the pain…….It was best to gulp a drink at the time in the dubious name of public knowledge !

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      F
      When gulps are selective, there is danger of wilful distortion.

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    SJ,
    What are the alternatives you have got if no election/referendum. Expose yourself who you are, rather than hiding under SJ a abbreviation? We thought the Eagle Eye is no more here. Now we have got another one who will object to everything, without providing any real input to better the situation on the ground. What language lesson for me. I have had enough lessons, you better try to provide some useful input. I will refrain from trying to respond to your nonsense in CT.

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      Here comes Sinhala Man Mark II:
      “Expose yourself who you are, rather than hiding under SJ a abbreviation?”
      Need I waste any more of my time or any other’s?

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        Mr SJ,
        .
        My father volunteered to collect old stamps or such a hobby might be similar to the Sinhalese man’s desire to collect National ID numbers. After reading a comment added by SM to Dr UP’s earlier CT article, I thought SM’s thinking must be “very unique”.
        :
        https://www.colombotelegraph.com/index.php/an-urgent-appeal-we-may-be-facing-an-in-unimaginable-disaster/

        Mostly he seems unaware of the danger behind it and he never apologizes for his grave mistake. CT’s personal data protection warned him, but he ignored it. I am not well aware of Sri Lankan laws today,, EU laws regarding misuse of personal information, a punishable act.
        :
        I also don’t understand how everyone can take a photo or make a video of someone (not caring about the consent at all) using your smartphone anywhere in Sri Lanka today without any legal restrictions.

        And last week I couldn’t believe my eyes when a train passenger had to delete some on the spot, as requested by train authorities, what he thought was a picture of a young woman on a speeding train in Europe. There can be high legal ramifications…

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      Velu,
      .
      Eagle Eye must be a sick person. It’s not fair to compare him to anyone on this forum. His hatred of minorities was stronger than the Nagasaki bomb. I have never heard of such extreme racists.
      .
      We are really glad that EE is no more. I believe that everything he did to the world was influenced by hidden forces.

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