The Hon. Ruwan Wijeweera

¶ 01 Thank you for the opportunity, Hon. Deputy Chairperson of Committees.

¶ 02 I am pleased to join today’s debate on the Emergency Regulations. Our Government side has already explained the objectives and purposes for which these Emergency Regulations have been brought. As a country moving forward, we managed our economy very well in 2025, laying the foundation to transform a fragile economy into a resilient one capable of withstanding internal and external shocks. We recorded the best indicators in our history across exports, tourism earnings, workers’ remittances and FDI. We, therefore, commenced 2026 with a positive outlook. However, the evolving warlike situation in the Middle East has posed new challenges to our economy and to our management capacity, together with broader geopolitical factors beyond our control.

¶ 03 This affects our energy supply, fuel and gas supply, and raises concerns regarding overseas Sri Lankans as well. Tourism, maritime and air services, and the export sector all require careful, well‑planned management with a sound understanding of global developments. We are at a very important and critical juncture in human history.

¶ 04 What did the Leader of the Opposition say this morning? He tried to paint a picture of a severe global crisis, with oil prices rising, the economy collapsing and inflation surging. But the war is in the Gulf region. The Strait of Hormuz handles about 20 percent of the world’s oil shipments and roughly 20 percent of global LNG supply. When shipping is suspended through such chokepoints, oil price spikes are not surprising. Even villagers understand this. Yet, parts of the Opposition amplified panic; some even held media briefings that contributed to anxiety when responsibility was needed.

¶ 05 What is the role of a responsible Opposition? That role has not been played. I recall Hon. Ajith P. Perera saying there was a vessel with over 800 children near our maritime boundary and that it should be rescued—a claim made under the guise of humanitarianism.

¶ 06 In contrast, IMF Managing Director Kristalina Georgieva, who visited Sri Lanka about a week ago, stated that Sri Lanka now has one of the best, most trusted governments in our history and that our economic path ahead is promising. On the Middle East crisis, she underscored that prolonged conflict could affect energy prices, market sentiment, growth and inflation, placing new demands on policymakers everywhere. This places a heavy responsibility on the shoulders of policymakers, which the President and Government are shouldering responsibly.

¶ 07 She also urged Asia to strengthen internal linkages and lower non‑tariff barriers to shield from continuing trade uncertainties, and she said, “There is no point lamenting on what is happening outside your remit; focus on what is in your hands to get your country and economy in the best shape.” Parliament should not be a place to lament; the Opposition should not mislead or make irresponsible statements.

¶ 08 Instead of asking about the type of torpedo in a regional attack, we must manage our national response prudently. We know there are over a million Sri Lankan migrant workers sending home more than US$ 8 billion last year. We must take steps to safeguard their interests.

¶ 09 In closing, we have set up mechanisms to protect our people, as the President clearly stated, and we will continue to manage the crisis effectively, including in tourism and other sectors. Finally, quoting the President: “Neutrality and humaneness is the priority. We have responsibilities as a neutral country. All parties must be committed to peace.” I call upon all to unite and take the country forward in this difficult moment.