Connect with us

Features

Urgent and critical issues related to climate change

Published

on

Image courtesy India Today

by Dr. Ranil Senanayake

Now that we have a host of international experts, policymakers, scientists, and practitioners travelling here to address the ‘urgent and critical issues related to climate change’, it is time to repeat the Sri Lanka Position Paper to the UN Conference for Climate Change (COP21) Paris 1-10 December 2015. It made three requests, which have been ignored by the Climate Change bureaucracy for the last eight years. The international platform, being hosted in Colombo under the Presidential Secretariat, can most certainly address these issues, to act on what is already well known, to examine what the country needs in order to adapt to the oncoming changes and hopefully to pay attention to what has been stated over and over in the media for years.

1.  We are aware of the great difference in carbon dioxide that is emitted from biological sources and carbon dioxide emitted from fossil sources. One has sequestered rates measured in thousands of years while the other in millions of years.  Yet the cost is still the same. We would request the IPCC to address the relative costs of each.

Carbon (C), the fourth most abundant element in the Universe, after hydrogen (H), helium (He), and oxygen (O), is the building block of life. It’s the basic element that anchors all organic substances, from fossil fuels to DNA. On Earth, carbon cycles through the land, ocean, atmosphere, and the Earth’s interior in a major biogeochemical cycle (the circulation of chemical components through the biosphere from or to the lithosphere, atmosphere, and hydrosphere). The global carbon cycle can be divided into two categories: the geological/ancient, which operates over large time scales (millions of years), and the biological/modern, which operates at shorter time scales (days to thousands of years).

The fossil Carbon cycle

The operation of life has been clearly demonstrated to change the chemistry of that atmosphere to what it is today. One of the most active agents of this change were/are the oceanic plankton, photosynthetic microscopic phytoplankton that produces prodigious quantities of oxygen and biomass over time.   Oxygen is released to the atmosphere and the biomass is consumed by respiring zooplankton (microscopic marine animals) within a matter of days or weeks. Only small amounts of residual carbon from the plankton settle out to the ocean bottom at any given time, but over long periods of time this process represents a significant removal of carbon from the atmosphere. This slow removal of Carbon from the primary atmosphere into the fossil reservoir, while at the same time creating an atmospheric reservoir of oxygen, had a major effect on the maintenance of biotic homeostasis.

A similar process was repeated on the land especially at Devonian times with the huge vegetation mass that covered the earth absorbing Carbon Dioxide and then being mineralized in the lithosphere into coal, effectively removing that volume of carbon from earth’s atmosphere. The Oxygen released by these early prodigious forests contributed greatly to the chemistry of the current atmosphere.

Life on Earth learnt how to maintain gas and material flows, optimum for the evolution of biodiversity. Carbon Dioxide, although essential to the process of life, was being introduced into the atmosphere by volcanic processes at disruptive levels, throughout geologic history. But the gas has not concentrated in the atmosphere, because it was sequestered by living things and put away out of circulation from the biosphere of living carbon. This store of carbon was fossilized and has been slowly accumulating over the last few hundred million years. Through these processes, which are still active today, Carbon that enters the Lithosphere is removed completely from the biological cycle and becomes mineralized into pools with ages of 100’s of millions of years.

The modern (biotic) Carbon cycle

The major exchange of carbon with the atmosphere results from photosynthesis and respiration. During the daytime in the growing season, leaves absorb sunlight and take up carbon dioxide from the atmosphere. In the oceans, the planktonic cycle operates similarly. Both create biomass.  In parallel, plants, animals and substrate microbes consume this carbon as organic matter, transform it in the process of respiration and finally return it as carbon dioxide to the atmosphere. When conditions are too cold or too dry, photosynthesis and respiration cease along with the movement of carbon between the atmosphere and the land surface. The amounts of carbon that move from the atmosphere through photosynthesis, respiration, and back to the atmosphere are large and produce oscillations in atmospheric pressure, water vapour and carbon dioxide concentrations.

The global impact of active photosynthetic biomass can be illustrated by the volume of water released into the atmosphere as water vapour.  At a water release rate of 100:1, where over 100 molecules of water are released for each molecule of carbon dioxide absorbed by the leaf (Jones 1976).  The quantity of water released annually into the atmosphere by vegetation is between 5640 – 6280 billion tons.

In the course of a year, these biological fluxes of carbon cycle over 10 times the amount of carbon that is introduced to the atmosphere by fossil fuel burning.  But this carbon belongs in the atmosphere. It has a very significant chemical signature in the ratio of its 13C to 12C as well as quantity of the rare unstable isotope 14C.  All carbon that lacks 14C or has a lower 13C/12C ratio does not belong in the modern or biotic cycle. This fluxing movement of biotic carbon happens in cycles of a few days to thousands of years, but always maintains the same isotope ratio.

This demonstrates fossil Carbon and biotic Carbon are very different and need to be valued differentially when considering the impact on the global biosphere. While the carbon balance of the planet has been greatly modified by colonial human activity, with the massive loss of the forests of the world, creating the ‘trigger’ for global warming trends; it is the post industrial burning of fossil carbon that introduced an accelerating increment of ‘new’ carbon into the atmosphere.

These facts underscore the great danger of accepting the consumption of fossil fuels as a tool for national ‘development’. Once a nation or economy has become ‘fossil addicted’, they are willing to sacrifice their own wellbeing and the wellbeing of others to feed their addiction. This is why a clear distinction between fossil and biotic carbon and placing differential values on the two sources, can go a long way in choosing the right options for development.

2.   We are aware that the optimum operating temperature of chlorophyll is at 37 deg C. In a warming world where temperatures will soar well above that, food production will be severely impacted. We would request the IPCC to address responses to this phenomenon.

Why is a heatwave so dangerous? Apart from the heat stress in humans and animals, it could exceed the threshold for enzymatic activity in plants. All of agriculture depends on the good growth of plants, all plants rely on their chlorophyll (the green stuff of plants) to grow and produce. Chlorophyll is an enzyme that functions well up to an optimum of about 38 degrees, above which their performance falls. In heatwaves often exceeding 40 degrees plant productivity will be impacted and yields drop following the rise in temperature (fig 1).  This phenomenon was seen when heatwaves in the spring began to reduce farmers’ yields.

As an adaptive response agricultural research institutions must begin coordinating a research programme to identify the genes that can confer heat tolerance crops and utilise this to reinforce the current seed production programmes.

Another response would be to implement watershed design to control ambient temperatures through transpirative cooling. It has been shown that trees placed strategically on a landscape can help to reduce the ambient temperature by 3 degrees or more. This can make the difference between crop and no crop for farming communities.

3.  We are aware that the critical Ecosystem services such as production of Oxygen, sequestering of Carbon, water cycling and ambient cooling is carried out by the photosynthetic component of biomass. This is being lost at an exponential rate, due to the fact that these Ecosystem Services have not been valued, nor economically recognized. We would request the Intergovernmental Panel on Climate Change (IPCC) to examine the value of photosynthetic biomass.

Photosynthetic biomass performs the act of primary production, the initial step in the manifestation of life. Biomass so termed has the ability to increase in mass through the absorption of solar radiation while releasing oxygen and water vapor into the atmosphere, as in the leaves of plants. Respiring biomass is that component of living biomass that uses the output of primary production to make the complicated biological patterns of life; it consumes oxygen to power its functions, and does not have photosynthetic functions itself. This distinction is fundamentally important when assessing the value of the biomass that is being addressed. On land, it is the leaves of plants that have photosynthetic biomass. They drive carbon sequestration, carbohydrate production, oxygen generation and water transformation, i.e. all actions essential for the sustainability of the life support system of the planet. Yet currently, it is only the downstream product of photosynthetic biomass, usually represented by wood/timber that has been recognized as having commercial value in the carbon market for sequestering Carbon. The photosynthetic biomass for terrestrial ecosystems is largely composed of the leaves of terrestrial vegetation.

The sheer power of operation of the terrestrial photosynthetic system is seen when the volume of water released from leaves is considered, at a water release rate of 100:1, where over 100 molecules of water are released for each molecule of carbon dioxide absorbed by the leaf. The quantity of water released annually by forests and grasslands are like aerial rivers cycling about 6250 billion tons of water into the atmosphere per annum. This quantity of evaporative water not only greatly influences local cooling events, but also contributes to the distribution of heat in the atmosphere and the creation of clouds. One of the most significant consequences of evapotranspiration by terrestrial vegetation is the ʻcleaningʼ effect on groundwater.  Plants can grow in polluted ground water, but the water they transpire in is clean and pure. This cleaning function is hardly recognized nor evaluated.

The recognition and evaluation of photosynthetic biomass must become a primary driver of the restoration processes discussed above. It can energize the restoration of biodiversity and the restoration of environmental services.

Another aspect of climate change is the accelerating rise in sea levels. We have to prepare for salt intrusion into coastal agricultural lands which will affect food production. Higher tides, together with the episodic intense rainfall events, will increase flooding frequencies in the lowland areas. An urgent seed breeding programme will be needed to develop salt tolerant varieties of crops. As there are countries like China and Bangladesh who already possess such varieties, we should reach out to acquire material for our farmers and our breeding programmes.

The sea level rise not puts coastal agriculture at risk but also increases the risk of lowland flooding created by sudden, stochastic high precipitation events. We should strive to develop architecture of raised construction to respond to flooding in flood prone areas.

When Bob Dylan sings, “We don’t need a weatherman to tell us which way the wind blows”, he points out the fact that responding to commonsense is better than setting up universities to research on commonsense. So, here are five commonsense actions to address the urgent and critical issues related to climate change. Good luck with the deliberations.

Climate Change : Some urgent programmes that need national attention:

 1.       Initiate a seed breeding programme to develop salt tolerant varieties of Rice

2.       Initiate a seed breeding programme to develop heat resistant varieties of crops

3.       Implement watershed design planning to control ambient temperatures through transpirative cooling

4.       Develop a national programme to monitor sea level rise and salt intrusion.

5.       Develop architecture of raised construction to respond to flooding.



Features

The heart-friendly health minister

Published

on

Dr. Ramesh Pathirana

by Dr Gotabhya Ranasinghe
Senior Consultant Cardiologist
National Hospital Sri Lanka

When we sought a meeting with Hon Dr. Ramesh Pathirana, Minister of Health, he graciously cleared his busy schedule to accommodate us. Renowned for his attentive listening and deep understanding, Minister Pathirana is dedicated to advancing the health sector. His openness and transparency exemplify the qualities of an exemplary politician and minister.

Dr. Palitha Mahipala, the current Health Secretary, demonstrates both commendable enthusiasm and unwavering support. This combination of attributes makes him a highly compatible colleague for the esteemed Minister of Health.

Our discussion centered on a project that has been in the works for the past 30 years, one that no other minister had managed to advance.

Minister Pathirana, however, recognized the project’s significance and its potential to revolutionize care for heart patients.

The project involves the construction of a state-of-the-art facility at the premises of the National Hospital Colombo. The project’s location within the premises of the National Hospital underscores its importance and relevance to the healthcare infrastructure of the nation.

This facility will include a cardiology building and a tertiary care center, equipped with the latest technology to handle and treat all types of heart-related conditions and surgeries.

Securing funding was a major milestone for this initiative. Minister Pathirana successfully obtained approval for a $40 billion loan from the Asian Development Bank. With the funding in place, the foundation stone is scheduled to be laid in September this year, and construction will begin in January 2025.

This project guarantees a consistent and uninterrupted supply of stents and related medications for heart patients. As a result, patients will have timely access to essential medical supplies during their treatment and recovery. By securing these critical resources, the project aims to enhance patient outcomes, minimize treatment delays, and maintain the highest standards of cardiac care.

Upon its fruition, this monumental building will serve as a beacon of hope and healing, symbolizing the unwavering dedication to improving patient outcomes and fostering a healthier society.We anticipate a future marked by significant progress and positive outcomes in Sri Lanka’s cardiovascular treatment landscape within the foreseeable timeframe.

Continue Reading

Features

A LOVING TRIBUTE TO JESUIT FR. ALOYSIUS PIERIS ON HIS 90th BIRTHDAY

Published

on

Fr. Aloysius Pieris, SJ was awarded the prestigious honorary Doctorate of Literature (D.Litt) by the Chancellor of the University of Kelaniya, the Most Venerable Welamitiyawe Dharmakirthi Sri Kusala Dhamma Thera on Nov. 23, 2019.

by Fr. Emmanuel Fernando, OMI

Jesuit Fr. Aloysius Pieris (affectionately called Fr. Aloy) celebrated his 90th birthday on April 9, 2024 and I, as the editor of our Oblate Journal, THE MISSIONARY OBLATE had gone to press by that time. Immediately I decided to publish an article, appreciating the untiring selfless services he continues to offer for inter-Faith dialogue, the renewal of the Catholic Church, his concern for the poor and the suffering Sri Lankan masses and to me, the present writer.

It was in 1988, when I was appointed Director of the Oblate Scholastics at Ampitiya by the then Oblate Provincial Fr. Anselm Silva, that I came to know Fr. Aloy more closely. Knowing well his expertise in matters spiritual, theological, Indological and pastoral, and with the collaborative spirit of my companion-formators, our Oblate Scholastics were sent to Tulana, the Research and Encounter Centre, Kelaniya, of which he is the Founder-Director, for ‘exposure-programmes’ on matters spiritual, biblical, theological and pastoral. Some of these dimensions according to my view and that of my companion-formators, were not available at the National Seminary, Ampitiya.

Ever since that time, our Oblate formators/ accompaniers at the Oblate Scholasticate, Ampitiya , have continued to send our Oblate Scholastics to Tulana Centre for deepening their insights and convictions regarding matters needed to serve the people in today’s context. Fr. Aloy also had tried very enthusiastically with the Oblate team headed by Frs. Oswald Firth and Clement Waidyasekara to begin a Theologate, directed by the Religious Congregations in Sri Lanka, for the contextual formation/ accompaniment of their members. It should very well be a desired goal of the Leaders / Provincials of the Religious Congregations.

Besides being a formator/accompanier at the Oblate Scholasticate, I was entrusted also with the task of editing and publishing our Oblate journal, ‘The Missionary Oblate’. To maintain the quality of the journal I continue to depend on Fr. Aloy for his thought-provoking and stimulating articles on Biblical Spirituality, Biblical Theology and Ecclesiology. I am very grateful to him for his generous assistance. Of late, his writings on renewal of the Church, initiated by Pope St. John XX111 and continued by Pope Francis through the Synodal path, published in our Oblate journal, enable our readers to focus their attention also on the needed renewal in the Catholic Church in Sri Lanka. Fr. Aloy appreciated very much the Synodal path adopted by the Jesuit Pope Francis for the renewal of the Church, rooted very much on prayerful discernment. In my Religious and presbyteral life, Fr.Aloy continues to be my spiritual animator / guide and ongoing formator / acccompanier.

Fr. Aloysius Pieris, BA Hons (Lond), LPh (SHC, India), STL (PFT, Naples), PhD (SLU/VC), ThD (Tilburg), D.Ltt (KU), has been one of the eminent Asian theologians well recognized internationally and one who has lectured and held visiting chairs in many universities both in the West and in the East. Many members of Religious Congregations from Asian countries have benefited from his lectures and guidance in the East Asian Pastoral Institute (EAPI) in Manila, Philippines. He had been a Theologian consulted by the Federation of Asian Bishops’ Conferences for many years. During his professorship at the Gregorian University in Rome, he was called to be a member of a special group of advisers on other religions consulted by Pope Paul VI.

Fr. Aloy is the author of more than 30 books and well over 500 Research Papers. Some of his books and articles have been translated and published in several countries. Among those books, one can find the following: 1) The Genesis of an Asian Theology of Liberation (An Autobiographical Excursus on the Art of Theologising in Asia, 2) An Asian Theology of Liberation, 3) Providential Timeliness of Vatican 11 (a long-overdue halt to a scandalous millennium, 4) Give Vatican 11 a chance, 5) Leadership in the Church, 6) Relishing our faith in working for justice (Themes for study and discussion), 7) A Message meant mainly, not exclusively for Jesuits (Background information necessary for helping Francis renew the Church), 8) Lent in Lanka (Reflections and Resolutions, 9) Love meets wisdom (A Christian Experience of Buddhism, 10) Fire and Water 11) God’s Reign for God’s poor, 12) Our Unhiddden Agenda (How we Jesuits work, pray and form our men). He is also the Editor of two journals, Vagdevi, Journal of Religious Reflection and Dialogue, New Series.

Fr. Aloy has a BA in Pali and Sanskrit from the University of London and a Ph.D in Buddhist Philosophy from the University of Sri Lankan, Vidyodaya Campus. On Nov. 23, 2019, he was awarded the prestigious honorary Doctorate of Literature (D.Litt) by the Chancellor of the University of Kelaniya, the Most Venerable Welamitiyawe Dharmakirthi Sri Kusala Dhamma Thera.

Fr. Aloy continues to be a promoter of Gospel values and virtues. Justice as a constitutive dimension of love and social concern for the downtrodden masses are very much noted in his life and work. He had very much appreciated the commitment of the late Fr. Joseph (Joe) Fernando, the National Director of the Social and Economic Centre (SEDEC) for the poor.

In Sri Lanka, a few religious Congregations – the Good Shepherd Sisters, the Christian Brothers, the Marist Brothers and the Oblates – have invited him to animate their members especially during their Provincial Congresses, Chapters and International Conferences. The mainline Christian Churches also have sought his advice and followed his seminars. I, for one, regret very much, that the Sri Lankan authorities of the Catholic Church –today’s Hierarchy—- have not sought Fr.

Aloy’s expertise for the renewal of the Catholic Church in Sri Lanka and thus have not benefited from the immense store of wisdom and insight that he can offer to our local Church while the Sri Lankan bishops who governed the Catholic church in the immediate aftermath of the Second Vatican Council (Edmund Fernando OMI, Anthony de Saram, Leo Nanayakkara OSB, Frank Marcus Fernando, Paul Perera,) visited him and consulted him on many matters. Among the Tamil Bishops, Bishop Rayappu Joseph was keeping close contact with him and Bishop J. Deogupillai hosted him and his team visiting him after the horrible Black July massacre of Tamils.

Continue Reading

Features

A fairy tale, success or debacle

Published

on

Ministers S. Iswaran and Malik Samarawickrama signing the joint statement to launch FTA negotiations. (Picture courtesy IPS)

Sri Lanka-Singapore Free Trade Agreement

By Gomi Senadhira
senadhiragomi@gmail.com

“You might tell fairy tales, but the progress of a country cannot be achieved through such narratives. A country cannot be developed by making false promises. The country moved backward because of the electoral promises made by political parties throughout time. We have witnessed that the ultimate result of this is the country becoming bankrupt. Unfortunately, many segments of the population have not come to realize this yet.” – President Ranil Wickremesinghe, 2024 Budget speech

Any Sri Lankan would agree with the above words of President Wickremesinghe on the false promises our politicians and officials make and the fairy tales they narrate which bankrupted this country. So, to understand this, let’s look at one such fairy tale with lots of false promises; Ranil Wickremesinghe’s greatest achievement in the area of international trade and investment promotion during the Yahapalana period, Sri Lanka-Singapore Free Trade Agreement (SLSFTA).

It is appropriate and timely to do it now as Finance Minister Wickremesinghe has just presented to parliament a bill on the National Policy on Economic Transformation which includes the establishment of an Office for International Trade and the Sri Lanka Institute of Economics and International Trade.

Was SLSFTA a “Cleverly negotiated Free Trade Agreement” as stated by the (former) Minister of Development Strategies and International Trade Malik Samarawickrama during the Parliamentary Debate on the SLSFTA in July 2018, or a colossal blunder covered up with lies, false promises, and fairy tales? After SLSFTA was signed there were a number of fairy tales published on this agreement by the Ministry of Development Strategies and International, Institute of Policy Studies, and others.

However, for this article, I would like to limit my comments to the speech by Minister Samarawickrama during the Parliamentary Debate, and the two most important areas in the agreement which were covered up with lies, fairy tales, and false promises, namely: revenue loss for Sri Lanka and Investment from Singapore. On the other important area, “Waste products dumping” I do not want to comment here as I have written extensively on the issue.

1. The revenue loss

During the Parliamentary Debate in July 2018, Minister Samarawickrama stated “…. let me reiterate that this FTA with Singapore has been very cleverly negotiated by us…. The liberalisation programme under this FTA has been carefully designed to have the least impact on domestic industry and revenue collection. We have included all revenue sensitive items in the negative list of items which will not be subject to removal of tariff. Therefore, 97.8% revenue from Customs duty is protected. Our tariff liberalisation will take place over a period of 12-15 years! In fact, the revenue earned through tariffs on goods imported from Singapore last year was Rs. 35 billion.

The revenue loss for over the next 15 years due to the FTA is only Rs. 733 million– which when annualised, on average, is just Rs. 51 million. That is just 0.14% per year! So anyone who claims the Singapore FTA causes revenue loss to the Government cannot do basic arithmetic! Mr. Speaker, in conclusion, I call on my fellow members of this House – don’t mislead the public with baseless criticism that is not grounded in facts. Don’t look at petty politics and use these issues for your own political survival.”

I was surprised to read the minister’s speech because an article published in January 2018 in “The Straits Times“, based on information released by the Singaporean Negotiators stated, “…. With the FTA, tariff savings for Singapore exports are estimated to hit $10 million annually“.

As the annual tariff savings (that is the revenue loss for Sri Lanka) calculated by the Singaporean Negotiators, Singaporean $ 10 million (Sri Lankan rupees 1,200 million in 2018) was way above the rupees’ 733 million revenue loss for 15 years estimated by the Sri Lankan negotiators, it was clear to any observer that one of the parties to the agreement had not done the basic arithmetic!

Six years later, according to a report published by “The Morning” newspaper, speaking at the Committee on Public Finance (COPF) on 7th May 2024, Mr Samarawickrama’s chief trade negotiator K.J. Weerasinghehad had admitted “…. that forecasted revenue loss for the Government of Sri Lanka through the Singapore FTA is Rs. 450 million in 2023 and Rs. 1.3 billion in 2024.”

If these numbers are correct, as tariff liberalisation under the SLSFTA has just started, we will pass Rs 2 billion very soon. Then, the question is how Sri Lanka’s trade negotiators made such a colossal blunder. Didn’t they do their basic arithmetic? If they didn’t know how to do basic arithmetic they should have at least done their basic readings. For example, the headline of the article published in The Straits Times in January 2018 was “Singapore, Sri Lanka sign FTA, annual savings of $10m expected”.

Anyway, as Sri Lanka’s chief negotiator reiterated at the COPF meeting that “…. since 99% of the tariffs in Singapore have zero rates of duty, Sri Lanka has agreed on 80% tariff liberalisation over a period of 15 years while expecting Singapore investments to address the imbalance in trade,” let’s turn towards investment.

Investment from Singapore

In July 2018, speaking during the Parliamentary Debate on the FTA this is what Minister Malik Samarawickrama stated on investment from Singapore, “Already, thanks to this FTA, in just the past two-and-a-half months since the agreement came into effect we have received a proposal from Singapore for investment amounting to $ 14.8 billion in an oil refinery for export of petroleum products. In addition, we have proposals for a steel manufacturing plant for exports ($ 1 billion investment), flour milling plant ($ 50 million), sugar refinery ($ 200 million). This adds up to more than $ 16.05 billion in the pipeline on these projects alone.

And all of these projects will create thousands of more jobs for our people. In principle approval has already been granted by the BOI and the investors are awaiting the release of land the environmental approvals to commence the project.

I request the Opposition and those with vested interests to change their narrow-minded thinking and join us to develop our country. We must always look at what is best for the whole community, not just the few who may oppose. We owe it to our people to courageously take decisions that will change their lives for the better.”

According to the media report I quoted earlier, speaking at the Committee on Public Finance (COPF) Chief Negotiator Weerasinghe has admitted that Sri Lanka was not happy with overall Singapore investments that have come in the past few years in return for the trade liberalisation under the Singapore-Sri Lanka Free Trade Agreement. He has added that between 2021 and 2023 the total investment from Singapore had been around $162 million!

What happened to those projects worth $16 billion negotiated, thanks to the SLSFTA, in just the two-and-a-half months after the agreement came into effect and approved by the BOI? I do not know about the steel manufacturing plant for exports ($ 1 billion investment), flour milling plant ($ 50 million) and sugar refinery ($ 200 million).

However, story of the multibillion-dollar investment in the Petroleum Refinery unfolded in a manner that would qualify it as the best fairy tale with false promises presented by our politicians and the officials, prior to 2019 elections.

Though many Sri Lankans got to know, through the media which repeatedly highlighted a plethora of issues surrounding the project and the questionable credentials of the Singaporean investor, the construction work on the Mirrijiwela Oil Refinery along with the cement factory began on the24th of March 2019 with a bang and Minister Ranil Wickremesinghe and his ministers along with the foreign and local dignitaries laid the foundation stones.

That was few months before the 2019 Presidential elections. Inaugurating the construction work Prime Minister Ranil Wickremesinghe said the projects will create thousands of job opportunities in the area and surrounding districts.

The oil refinery, which was to be built over 200 acres of land, with the capacity to refine 200,000 barrels of crude oil per day, was to generate US$7 billion of exports and create 1,500 direct and 3,000 indirect jobs. The construction of the refinery was to be completed in 44 months. Four years later, in August 2023 the Cabinet of Ministers approved the proposal presented by President Ranil Wickremesinghe to cancel the agreement with the investors of the refinery as the project has not been implemented! Can they explain to the country how much money was wasted to produce that fairy tale?

It is obvious that the President, ministers, and officials had made huge blunders and had deliberately misled the public and the parliament on the revenue loss and potential investment from SLSFTA with fairy tales and false promises.

As the president himself said, a country cannot be developed by making false promises or with fairy tales and these false promises and fairy tales had bankrupted the country. “Unfortunately, many segments of the population have not come to realize this yet”.

(The writer, a specialist and an activist on trade and development issues . )

Continue Reading

Trending