The National Movement for Social Justice (NMSJ) welcomes the consensus reached on the appointment of a new Auditor General

As a civil society organisation, we are pleased that the Constitutional Council (CC) has unanimously agreed on the appointment of the Auditor General (AG), bringing to an end the prolonged disagreement over this key position. The eight-month delay in appointing an AG was harmful to the country, both domestically and internationally, and this must be acknowledged.

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Debt Assurances Clash With Rising Repayment Risks

Sri Lanka will not face another sovereign debt crisis, according to Central Bank Governor Dr. Nandalal Weerasinghe, who has dismissed concerns about renewed default risks from 2028 onward. However, official data indicates that annual external debt servicing is set to rise from around $2.75 billion through 2027 to as much as $3.5 billion thereafter, with peaks nearing $4 billion in …

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IMF Aid Supports Recovery but Exposes Policy Weaknesses

Sri Lanka’s improving fiscal indicators and recovering household incomes mask deeper vulnerabilities in monetary and exchange rate policy, analysts warn. The latest IMF financing, including emergency assistance following Cyclone Ditwah, has eased immediate balance-of-payments pressure but highlighted structural weaknesses in the current framework.

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Sri Lanka’s 78th Independence Day Celebrated in Japan

The Embassy of the Democratic Socialist Republic of Sri Lanka in Japan ceremoniously marked the 78th Anniversary of Sri Lanka’s Independence at an official event held in Tokyo. The celebration brought together members of the diplomatic community, Japanese officials, Sri Lankan expatriates, and friends of Sri Lanka to commemorate the nation’s rich heritage and enduring friendship with Japan.

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