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‘What is the plan for reform?’- President’s stance

COLOMBO (News 1st) – Sri Lankan President Ranil Wickremesinghe on Monday (5) said that Japan is the first choice when it comes to giving out the East Container Terminal at the Colombo Port."Why don't we develop and become a logistics centre? When I last tried to develop the Colombo Harbour and tried to give out the East Terminal, there was a big debate, as to I am trying to sell the country. Now we have given the West terminal out. Very good, but if you really want to get going, you have to give the East terminal out.

We've given the first choice to Japan. If they don't, we'll ask the others to come," he said.The President also noted that the Colombo port must be the busiest port in South Asia. "The small port won't do so when you get full.

We are now thinking of expanding the Colombo port all the way to Ja-Ela."President Ranil Wickremesinghe speaking on plans for reforms said he had none, adding that for reforms, the country must have an economy."What do we do after stabilization? What is the plan for reform? Frankly, I have no plan for reform. I don't know in the crisis, if reforms can work. to reform, we must have an economy," he said."What do we face in the future? Whatever relief we get from our debtors, multilateral debtors, creditors and also from private creditors we have to pay this money back longer term.

Then remember, for the next few years we have to borrow money," stressed President Wickremesinghe."Our trade balance is not in our favour. So are we going to rebuild the same structure and come down again much faster? Therefore, I thought it's not worth reforming it. So I personally have no plans for reform and the government will not have plans for reforms.

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Sri Lankans - Colombo Port - Gamini Lokuge - Sri Lanka’s Fuel Crisis : Despite multiple assurance from Min. Lokuge, people are still in line - - Sri Lanka
Sri Lanka’s Fuel Crisis : Despite multiple assurance from Min. Lokuge, people are still in line
COLOMBO (News 1st); The owners and operators of multiple filling stations across Sri Lanka allege that they are not receiving sufficient stocks of fuel to be sold to the growing number of queues opposite their businesses.“We do not receive the shipments on time. We are compelled to sell fuel based on the delivery of fuel,” said one filling station owner from Colombo.Another filling station owner from Kandy said that though they are sent messages of shipments destined to them, those shipments are never delivered.Similar sentiments were shared by other filling station owners, who are compelled to seek assistance from local authorities to control the crowds as well.Since the 8th of March 2022, Sri Lanka’s new Energy Minister Gamini Lokuge has been making promises on ending the fuel crisis in the country.Yet, there seems to be no immediate end to the fuel shortage in the island nation.At the same time, Sri Lanka’s Ports and Shipping Minister Rohitha Abeygunawardena told reporters on Monday (28) that claims that Sri Lanka will run out of fuel by the Sinhala and Tamil New Year, are baseless and false.He said the necessary fuel shipments have been ordered and the delivery will take place soon at the Colombo Port.However, these comments have not calmed the mindsets of many Sri Lankans who have been waiting in line for hours, as well as days, anticipating the arrival of fuel shipments to filling stations.Among these people are businessmen, farmers, day laborers, office workers, and even transport operators.