Versuchen GOLD - Frei
Welcome break from politics of entitlement
Daily FT
|September 15, 2025
LAST week's repeal of the Presidents' Entitlements Act of 1986 marks an important symbolic milestone in our political culture.
-
That law, for nearly four decades, guaranteed former heads of state and even their widows, lavish privileges at the taxpayers' expense. These included a State-funded residence or allowance, secretarial support, official transport, and a monthly pension. It was a generous package in a country where millions struggle to afford basic necessities.
Unsurprisingly, the move has drawn sharp criticism. Some see it as a targeted attempt to humiliate former leaders, particularly Mahinda Rajapaksa. Ever the master of political theatre, Rajapaksa made a dramatic show of leaving his State-funded Colombo residence, presenting himself as a victim of political vindictiveness. His loyalists echo this narrative, portraying the repeal as a personal vendetta rather than a principled stand. Yet, reducing the matter to partisan grievance is to miss the larger point.
Diese Geschichte stammt aus der September 15, 2025-Ausgabe von Daily FT.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Daily FT
Daily FT
Sri Lanka tops list of Asia's most affordable retirement havens
SRI Lanka is described as one of the cheapest and most beautiful places to retire in Asia, according to insights from the Annual Global Retirement Index.
2 mins
January 12, 2026
Daily FT
Ceylon Grain Elevators to invest Rs. 3 b in value-added capacity expansion
CEYLON Grain Elevators PLC is investing Rs. 3 billion to double poultry processing capacity at plant in Seeduwa, signalling a further push into higher value-added food production.
1 min
January 12, 2026
Daily FT
SEC identifies key parties behind abnormal Wealth Trust debut price movements
SECURITIES and Exchange Commission (SEC) said yesterday it has identified those primarily responsible for the abnormal Wealth Trust Securities Ltd., prices on 7 January.
1 min
January 12, 2026
Daily FT
Ceylon Grain Elevators to invest Rs. 3 b in valueadded capacity expansion
CEYLON Grain Elevators PLC is investing Rs. 3 billion to double poultry processing capacity at plant in Seeduwa, signalling a further push into higher value-added food production.
1 min
January 12, 2026
Daily FT
CR end Kandy’s unbeaten run
CR & FC produced a statement performance to hand defending champions Kandy Sports Club their first defeat of the Inter-Club League season, recording a hard-fought 25/20 victory at a packed Nittawela Rugby Stadium last evening.
2 mins
January 12, 2026
Daily FT
Dec. workers' remittances hit all-time high
Dec. inflows surge to $ 879 m, up 43.2% YoY; highest monthly inflow in history Annual inflows surpass 2016 peak of $ 7.24 b to $ 8.07 b, up by 12% Fewer workers migrated in 2025, but higher per-worker transfers drove inflows higher
1 mins
January 12, 2026
Daily FT
Tourism revenue lags behind arrivals growth in 2025
SRI Lanka's tourism sector posted a modest financial recovery in 2025, generating just over $ 3.2 billion in revenue, as slower growth in earnings exposed a widening gap between rising visitor numbers and tourist spending.
1 mins
January 12, 2026
Daily FT
First four days of 2026 draw over 33,000 tourists
THE country's tourism industry has begun 2026 on an optimistic note, with arrivals in the first four days of January surpassing 33,000, reflecting steady momentum at the start of the New Year.
1 min
January 12, 2026
Daily FT
Health after the floods: Scientific realities and shared responsibility for Sri Lanka's future
SRI Lanka's recent floods were a stark reminder that health is not defined only by hospitals and clinics, but by the environments we live in, the systems that support us, and the daily choices we make as individuals.
4 mins
January 12, 2026
Daily FT
Sri Lanka beat Pakistan to share T20I series 1-all
■ In a rain truncated 12 overs-a- side contest
2 mins
January 12, 2026
Listen
Translate
Change font size
