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SL’s first-ever National Action Plan on WPS presented

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Ambassador of Japan to Sri Lanka – Mr. Mizukoshi Hideaki, and the Head of UN Women in Sri Lanka – Ramaaya Salgado presented Sri Lanka’s first-ever National Action Plan on Women, Peace and Security (WPS) to State Minister of Women and Child Affairs – Geetha Samanmalee Kumarasinghe.

The Action plan was presented on Dec. 06.

“This action plan provides a clear roadmap to provide targeted support for women who have been affected by conflict and crises. Its adoption is a critical step forward in ensuring that no woman or girl is left behind in recovery efforts”, said Hon. Geetha Samanmalee Kumarasinghe, State Minister of Women and Child Affairs.

As the United Nations Security Council Resolution 1325 on Women, Peace and Security goes into its twenty second year, its reach – both globally and regionally – has grown significantly, with an increasing number of countries formulating and implementing National Action Plans developed in consultation with G7 countries’ representatives in Sri Lanka including Japan, women’s groups and civil society.

With its own National Action Plan now ready for Cabinet adoption, Sri Lanka stands poised to join the number of states committed to implement the Women, Peace and Security Agenda which calls for greater participation of women in peacebuilding and recovery efforts.

Emphasizing this, Ramaaya Salgado, Head of Office at UN Women Sri Lanka noted, “peace and development can only be sustainable when women have an equal seat at the table and when their voices are included in decisions that affect their lives”.

The National Action Plan is based on consultations in each of the 25 districts with women who were directly and indirectly affected by conflict, local government officials, and representatives from civil society and local activists. It was developed with technical support from UN Women as part of a 3-year joint partnership between the Government of Japan, the Government of Sri Lanka and UN Women on the ‘Implementation of the Women, Peace and Security Agenda in Sri Lanka’ funded by the Government of Japan.

Mr. Mizukoshi Hideaki emphasized; “the Government of Japan encourages the timely adoption of this National Action Plan by the Cabinet and hopes its implementation to ensure practical measures for protection and empowerment of women in Sri Lanka”.

The adoption of the National Action Plan will provide a key framework to address issues affecting women and girls in Sri Lanka, as it is very much relevant to how Sri Lanka adapts and responds to the crisis and its challenges.

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SL – Indonesia pledge stronger bilateral ties

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In a significant bilateral meeting during the 10th World Water Summit, President Ranil Wickremesinghe and Indonesian President Joko Widodo reaffirmed their commitment to strengthening the longstanding relationship between their nations. The discussions, which covered a wide range of regional and international issues, underscored the importance of collaboration in addressing global challenges.

President Wickremesinghe, in his opening remarks, highlighted the historical ties between Sri Lanka and Indonesia, dating back to their joint participation in the 1956 Bandung Conference. He expressed appreciation for President Widodo’s leadership in regional, international, and bilateral matters, noting the importance of such summits in fostering global cooperation.

A major topic of discussion was the critical issue of water management. President Wickremesinghe emphasized the importance of the World Water Summit and expressed Sri Lanka’s willingness to participate in the Global Blended Financial Alliance, an initiative aimed at addressing common financial challenges faced by countries in managing water resources. He commended Indonesia for establishing a Secretariat for the Alliance, recognizing its significance for Sri Lanka.

President Widodo, in his remarks, focused on the economic cooperation between the two countries. He stressed the need to finalize the Preferential Trade Agreement (PTA) by the first quarter of 2025 to enhance economic ties. Additionally, he highlighted Indonesia’s interest in entering the Sri Lankan vaccine market through Indonesian pharmaceutical companies, and called for the lifting of import restrictions on Indonesian palm oil and related products.

The Indonesian President also showcased Indonesia’s advancements in renewable energy, specifically the country’s largest floating solar power project. He emphasized the importance of hydro diplomacy and political leadership in achieving sustainable water management and development goals. Furthermore, he welcomed Sri Lanka’s leadership in the Indian Ocean Rim Association and its aspirations to become a sectoral dialogue partner.

President Wickremesinghe reiterated the importance of completing the PTA by early 2025, noting Sri Lanka’s existing free trade agreements with India, Singapore, and ongoing negotiations with Thailand, Bangladesh, and Malaysia. He emphasized the potential benefits of joining the Regional Comprehensive Economic Partnership (RCEP), suggesting that Sri Lanka’s inclusion could encourage other South Asian countries to follow suit. 

He also mentioned the ongoing removal of import restrictions and assured that Sri Lankan health authorities would address the entry of Indonesian pharmaceuticals into the market.

The discussion also touched upon regional security and economic cooperation in the Indian Ocean. President Wickremesinghe supported ASEAN’s Indo-Pacific outlook and stressed the need for closer bilateral and regional cooperation regarding Indian Ocean affairs. He proposed more frequent meetings between heads of government and a specific bilateral agreement with Indonesia to enhance commercial collaboration in the region.

President Widodo thanked Sri Lanka for co-sponsoring the Global Blended Financial Alliance, emphasizing its role in achieving sustainable development goals. He called for continued collaboration between relevant ministries from both countries to support this initiative. Looking ahead, President Widodo mentioned the upcoming presidential transition in Indonesia and expressed hope that the new administration would continue to strengthen ties with Sri Lanka.

In conclusion, President Wickremesinghe expressed his eagerness to work with Indonesia’s new leadership and extended a personal invitation to President Widodo to visit Sri Lanka after his term ends in October. Both leaders reaffirmed their commitment to enhancing bilateral relations and addressing shared global challenges through continued cooperation.

(President’s Media Division)

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Sri Lanka declares tomorrow a day of mourning

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Sri Lanka has declared tomorrow (May 21) as a day of mourning in view of the death of Iranian President Ebrahim Raisi.

The national flag will fly at half mast at all government institutions.

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2 crucial Bills to Parliament on May 22

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Acting Finance Minister Shehan Semasinghe announced plans to introduce two significant bills to Parliament on May 22, aimed at bolstering the country’s economy. 

These bills, the “Economic Transformation Bill” and the “Public Financial Management Bill,” are designed to enhance the management of public finances, thereby safeguarding against future economic downturns. 

Minister Semasinghe made this announcement during a press conference at the Presidential Media Centre today, themed ‘Collective path to a stable country’.

Acting Finance Minister  Shehan Semasinghe, further stated : 

‘The government has scheduled the submission of two significant bills crucial for the country’s economy on May 22. One of these bills is the “Economic Transformation Law,” aimed at preventing future economic collapses. Notably, this legislation stems from the vision of President Ranil Wickremesinghe, rather than being proposed by the International Monetary Fund. The recent stabilization of the economy following previous downturns underscores the importance of preserving this stability going forward.

Additionally, it is necessary to maintain optimal levels of public financial management to avert future economic crises. The “Public Finance Management Bill” is set to be presented to Parliament on the same day, with a focus on enhancing accountability in managing public finances. This legislative initiative aligns with recommendations from a collaborative program with the International Monetary Fund and holds significant importance for the country’s future financial management.

It’s important to underscore the critical significance of both these bills for the country’s future. These drafts contain numerous technical intricacies aimed at bolstering confidence in the economy and maintaining the trajectory of the new economic direction implemented thus far.

Further elaborating on the Economic Transformation Bill, it holds paramount importance for the country’s economic growth. Despite experiencing economic contraction in the second and third quarters of 2023, a notable growth rate of 4.5% was achieved in the fourth quarter. Consequently, the benefits of this economic upturn have started permeating to the grassroots level within the country.

Furthermore, it is imperative to enhance the economic competitiveness of the nation and adapt the economy to confront global challenges while fostering international cooperation and growth. Additionally, this bill addresses necessary changes in various sectors.

Specifically, the legislation encompasses reforms essential for international trade, trade agreements, and climate change mitigation efforts. 

The establishment of a new Economic Commission in Sri Lanka, aimed at attracting investments to enhance competitiveness, fostering a conducive environment for investors, expanding international trade, establishing the National Productivity Commission, and developing export-related institutions, is also outlined in this bill.

Recently, Parliament endorsed the decisions made, particularly regarding economic transformation. In 2022, the public debt ratio stood at 128%, a figure slated to be reduced to less than 95% by 2032. 

Similarly, the fiscal requirement, which was 34.6% of the gross domestic product in 2022, aims to be lowered to below 13% by 2032.

Effective debt servicing is paramount, with efforts focused on establishing Sri Lanka as a debt-sustainable nation capable of meeting its obligations. The aim is to reduce the debt payment ratio from 9.4% in 2022 to below 4.5% by 2027.

A proposed bill will outline specific national goals and actions taken to address economic challenges, providing a roadmap for sustainable economic growth, debt management, agricultural modernization, import-export regulation, and economic governance.

Additionally, considerable attention has been given to the Public Finance Management Bill, aimed at identifying weaknesses in the current legislation and proposing a robust legal framework to meet future needs.

(President’s Media Division)

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