Sri Lanka

Union Says Probe Launched Against NUTU Kandy Vice President After Criticism of Education Reforms

Kandy, Sri Lanka — January 26, 2026 – The National United Teachers’ Union (NUTU) yesterday confirmed that a disciplinary investigation has been launched against its Vice President in Kandy after he publicly criticised the implementation of the government’s ongoing education reforms. The move has drawn strong objections from union leaders, who view it as a...

Deputy Minister Says NPP Government Did Not Begin Writing Education Reform Modules

Colombo, January 25, 2026 – Sri Lanka’s Deputy Minister of Labour, Mahinda Jayasinghe, has clarified that the controversial education reform modules recently publicised were not originally created by the National People’s Power (NPP) government, but were adapted to reflect its policy direction. The remarks were made at a seminar hosted by the National Movement for...

Channa Jayasumana Slams Removal of Parliament Deputy Secretary General, Calls It a Dangerous Precedent

Colombo, January 25, 2026 – Former Member of Parliament Prof. Channa Jayasumana has strongly criticised the controversial removal of the Deputy Secretary General of Parliament, alleging that the action was taken without due process and warning it could weaken Sri Lanka’s public service integrity. The controversy stems from the suspension and removal of Chaminda Kularatne,...

IFC Commits US$166 Million to Sri Lanka to Boost SME Lending and Trade Finance

The International Finance Corporation (IFC) — part of the World Bank Group — has pledged a US$166 million financing package to strengthen Sri Lanka’s private sector and expand access to credit for small and medium-sized enterprises (SMEs). The announcement on January 26, 2026 underscores renewed confidence in the island nation’s economic recovery as it transitions...

Sri Lanka Central Bank Buys US$1.76 Billion in Dollars in 2025 as Reserves Rebound

Sri Lanka’s Central Bank continued its active foreign exchange market interventions in 2025, purchasing a net US$1.7582 billion in foreign currency over the year. The move aimed to stabilize the Sri Lankan rupee and rebuild foreign exchange reserves, which have been a major policy focus since the country’s economic crisis. According to data released, the...
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