Former President Ranil Wickremesinghe criticized the NPP government for failing to secure significant foreign investments like the USD 700 million Adani project, which is crucial for Sri Lanka’s economic recovery. A report reveals significant education issues among Sri Lankan adolescents, with many not attending school. The Hambantota International Port has launched a Coral Reef Protection Project to study coral species, showcasing environmental commitment. Sri Lanka and Australia will hold talks to enhance bilateral cooperation.
Former President Ranil Wickremesinghe has criticized the current government for not securing significant foreign investments, particularly emphasizing the USD 700 million Adani project. He asserted the importance of this investment for Sri Lanka’s economic recovery, mentioning potential additional revenue from development projects in Trincomalee, which could yield USD 400–500 million. He highlighted a cumulative loss of over a billion dollars in stopped investment opportunities.
During an appearance on Bla Derana’s ‘@Hydepark,’ Wickremesinghe expressed frustration regarding Sri Lanka’s inconsistent approach towards projects under the 2023 Indo-Sri Lanka Vision Document. He noted that many Indian counterparts were left confused about the status of these investments, which, if delayed further, threaten to harm Sri Lanka’s relations with India and discourage potential investors from engaging with the country.
Wickremesinghe noted that India’s economic growth is accelerating and asserted that for Sri Lanka to thrive, collaboration with foreign nations is essential to foster a conducive investment climate. He acknowledged recent stabilization of the economy but emphasized the urgent need for fundamental reforms to avoid prolonged poverty and work towards a trillion-dollar economy.
In another report, nearly 29% of Sri Lanka’s adolescents, equivalent to about 3.5 million individuals aged 10 to 19, are not attending school, according to the Global School-Based Student Health Survey (GSHS) 2024. Conducted among students in grades 8-12 from various state schools, its findings reflect concerning health behaviors, with significant percentages engaging in unhealthy eating and substance abuse.
Findings show 17.4% of students consume unhealthy alcohol levels and high frequencies of sugary and fatty food consumption. Additional data revealed 21.4% of adolescents aged 13-17 are underweight, while 12.1% are overweight, highlighting the urgent need for health policy intervention.
The Hambantota International Port initiated a coral species study, motivated by eco-friendly policies that create a sanctuary for natural coral growth. The Coral Reef Protection Project aims to protect and expand coral colonies while fostering environmental sustainability and adhering to the United Nations Sustainable Development Goals.
A comprehensive baseline study with Ocean University of Sri Lanka will evaluate coral health and biodiversity. The project is set to provide educational opportunities for students in marine biology while receiving an initial investment of Rs. 1.2 million, which will support ongoing research and environmental conservation efforts.
Further diplomatic engagements will take place between Sri Lanka and Australia from March 25-26, focusing on enhancing bilateral cooperation across several key sectors, including defense and economic partnerships. This dialogue aims to strengthen mutual interests and ensure ongoing collaboration between the two nations.
Former President Wickremesinghe’s critique of the NPP government centers on their failure to secure vital foreign investments, especially the Adani project. He underscores the need for swift reforms to foster economic growth. Additionally, alarming statistics regarding adolescent education and health in Sri Lanka highlight the urgent requirement for policy interventions. Initiatives like the coral study at Hambantota International Port represent a commitment to environmental sustainability, while diplomatic talks with Australia aim to improve bilateral relations.
Original Source: island.lk
