Category: Politics
First Capital expects possible easing of political uncertainty post elections
Oct 10, 2019 (LBO) – The completion of Sri Lanka’s election cycle is most probably likely to resolve political uncertainty in the local front, the First Capital Research said. Releasing the First Capital’s mid-year economic outlook, the research arm said they believe that immediately following the Presidential Election a new Prime Minister being appointed, though […]
Sri Lanka presidential rivals hand in nominations
Oct 07, 2019 (LBO) – Sri Lanka presidential rivals handed in their nomination papers for the upcoming Presidential Election. Minister Sajith Premadasa and his main rival in elections next month, former Defence Secretary Gotabaya Rajapaksa, handed in their poll nomination papers. Premadasa representing New Democratic Front and Rajapakse representing Sri Lanka Podujana Peramuna were among […]
All borrowings since 2016 used to settle Rajapaksa loans: Mangala
On 9th January 2015, as the Rajapaksa family took-off to Medamulana, they flew past many of their white elephants. In Colombo, it was the Lotus Tower. As they landed, the empty and unused Mattala Airport, Hambantota Port, Cricket Stadium, IT Park, Cinema Park and Conference Hall must have come into view. The Treasury Building – […]
We will ensure that Sri Lanka meets its voluntary intl commitments: Sajith
Oct 04, 2019 (LBO) – Presidential Candidate of the United National Front, Sajith Premadasa at an interaction with the Diplomatic Corps, assured that he is committed to working as a team in government, and ensure that Sri Lanka meets its voluntary international commitments. Addressing the Diplomatic Corps on Wednesday, Premadasa said that they are firmly […]
Daniel Alphonsus replaces Deshal de Mel as Advisor to Finance Minister
October 3, 2019 (LBO) – Finance Minster of Sri Lanka Mangala Samaraweera, speaking at a press conference on the management of the country’s debt situation, today announced that Daniel Alphonsus has replaced economist Deshal de Mel as Advisor to the Finance Minister. Alphonsus has a B.A. in philosophy, politics, and economics from Balliol College, Oxford […]
Sri Lanka says tangible assistance needed to restore normalcy post 21/4
Oct 02, 2019 (LBO) – Foreign Secretary Ravinatha Aryasinha who is presently leading the Sri Lanka delegation to the 74th Session of the UN General Assembly says that Sri Lanka was adopting a whole-of-Government approach in addressing the areas of concern and that it was important that programmes of assistance are tangible and can be […]
Yahapalanaya has not built anything of lasting value from USD26bn loans: MR
Oct 01, 2019 (LBO) – Sri Lanka’s Opposition Leader Mahinda Rajapaksa says that the yahapalana government has not built anything of lasting value or anything that would generate an income from the staggering 26 billion US dollars that they took in the form of foreign currency commercial loans since January 2015. Releasing a statement, the […]
Opinion: Sumanthiran should seriously consider a run for the Presidency
September 28, 2019 (LBO) – Sri Lanka’s Presidential election is set for November 16th, just 50 days away. At this juncture there are three significant candidates that are expected to poll a significant share of the vote. Gotabaya Rajapaksa (SLPP) will likely get 40+%, Sajith Premadasa (UNF) will likely get 40+%, and if the previous […]
UNP declares Sajith Premadasa as their Presidential candidate
Sep 26, 2019 (LBO) – Sri Lanka’s ruling United National Party at the working committee meeting unanimously decided to field Minister Sajith Premadasa as the candidate for the upcoming presidential election. UNP leader Prime Minister Ranil Wickremesinghe recommended Premadasa’s name at the working committee meeting. After the event, Presidential candidate Sajith Premadasa said he is […]
Dilrukshi Dias debacle – PM releases a special statement
September 24. 2019 (LBO) – The Prime Minister of Sri Lanka Ranil Wickremesinghe has released a special statement on the controversy surrounding Solicitor General Dilrukshi Dias Wickremesinghe. The Solicitor General is the second highest ranking official in the Attorney General’s department. Before being appointed as Solicitor General by President Maithripala Sirisena, she served as a […]
Ranil rubbishes criticism of Cabinet move to abolish Executive Presidency
September 22, 2019 (LBO) – Unofficial English Translation of the Statement of the Prime Minister today: Prime Minister Ranil Wickremesinghe addressing party activists today (22) at Temple Trees in Colombo: A group of civil society representatives met with me last week to talk about what our government has done and failed to do. I informed […]
” to do a good thing – Sumanthiran on Executive Presidency
September 21, 2019 (LBO) – TNA MP M. A. Sumanthiran commenting on the potential abolition of Sri Lanka’s Executive Presidency has stated that there is “No ‘bad time’ to do a good thing… even at the 11th hour do what was promised for 25 years.” Sumanthiran’s comments come after a widely reported contentious emergency Cabinet […]