Sunday, 25 February 2024 18:32

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Behind the Scenes By Rohana Jith

Sri Lanka is in a situation in which all stakeholders should have some collective agenda by looking at the “big picture”in the election year .

More interestingly the year 2024 will be an election year and citizens are not expecting the same sort of “red-ocean-cutthroat” political campaign's and it should be a “Blue Ocean Strategy” by considering the future of the country.

The proper pathway for Sri Lanka lies in upcoming elections with either Sajith Premadsa or Anura Kumara , and policy-wise, in a triangulation or eclectic fusion of these three available alternatives,

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Competition for the presidential elections actual fact is only two runners are in the ground and all the surveyors shows that there will be a neck to neck fight between Sajith premadasa and Aunura Kumara Dissanayaka.

. People are saying that all main parties and there opportunist small parties are responsible for this country's collapse. People realize that their families are suffering because of main parties were mishandling the economy for last 75 years.

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They raise an, argument why we should vote for the old band wagon again and by voting a new group they want lose anything

With this Anura Kumara and other team members Indian visit has come under severe criticism by all traditional politicians but after their explanation now all are silent in making any comments. .

Central bank salary hike.


Steep salary hikes said to have been given to central bank staff came under fire in parliament and people of all walks of life incited with this move like stir a hornet's nest”
This every third year CB pay adjustment by outrageous proportions of 27 – 70 percent despite the finance ministry directive to tighten belts of the public sector has aroused anger of the citizens hit by cost-of-living shock.

The new Central Bank Act which was passed in parliament recently will ensure it’s’ independency and mandate to maintain domestic price stability, financial stability and greater accountability to the general public of the country,

But this outrageous salary hike of it’s employees cannot be justified under the provisions of the act that establish the independence of the, monetary authority, several economic experts said.

With this huge salary increments without finance ministry or cabinet approval it’s prove that monetary board of central bank could do anything without any authority’s approval.

Central bank officials are not one step ahead of doctors or other categories. They should pay a reasonable salary same like other top jobs.

But when the whole country is suffering from the economic collapse or downturn they shouldn’t get a huge salary increases using their so cold administrative autonomy.

Still government has time to correct this situation but if it didn’t happened, one day central bank also could collapse because of few people’s decisions.

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If the government not reverse this decision now this un acceptable salary increase will boomerang the ruling government during this election year and whole working class will rally around against the government.

State Finance Minister Ranjith Siyambalapitiya said that the Governing Board of the Central Bank decides the salaries of the staff Central Bank employees, adding that higher salaries should be paid for financial experts and senior economists to retain their essential services. .

The salaries of CB employees are not paid by the consolidated fund but from the Bank’s account, the Minister said

During last week, sections of people were up in arms against Tourism Minister Harin Fernandos statement of “Sri Lanka is a part of India.”

The controversial rhetoric comes at a time when India’s business interest in Sri Lanka is growing with a recent announcement that India is eyeing major investments in three of Sri Lanka’s international airports.

Fernando also told The Hindu newspaper that the Adani group was negotiating with Sri Lankan authorities to manage three airports in the country. “The modalities are being discussed between the two sides and could involve management contracts as well,” he said.

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The government has to follow the correct and and transparent policy over privatization. Be that as it may now Sri Lanka has become a football court for India and China to play their power struggle in world scenario.

If the government fallow more Indian friendly policy China will play counter strategy against both Sri Lanka and India.

What the government should do is to come closer to non-aligned policy and balance both countries. Otherwise China’’s underground political game will result in a change of regime.
LIN.

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