The Talk of The Town: USD 3.5 Billion Recovery Cost Over Three Years

by

in

As of today, Monday, December 22, 2025, Sri Lanka is navigating a heavy news cycle dominated by the ongoing aftermath of the Ditwah disaster, high-stakes parliamentary budget debates, and major developments in land and economic investigations.

Here are the key stories making headlines this evening:

1. The One Trillion Rupee Recovery

The massive Ditwah relief and recovery plan remains the talk of the town. Following the Deputy Treasury Secretary’s briefing to the Committee on Public Finance (COPF), the government is under intense pressure to justify the 1,000 billion rupee price tag over the next three years. Specifically, the re-allocation of 130 billion rupees for 2025 has raised eyebrows among fiscal watchdogs, as the country is expected to exceed its legal primary spending limit of 13% of GDP by about 1.4% this year.

2. Parliamentary Budget Debates

The 2026 Budget is currently at the center of a heated session in Parliament. President Anura Kumara Dissanayake and his administration are defending their fiscal strategy, which includes a delicate balance between anti-austerity measures and IMF-mandated discipline. Opposition members have criticized the government for shifting funds away from other vital services to cover disaster recovery, questioning if “fiscal discipline” is becoming a myth.

3. Land Issues & Major Breakthroughs

In the North, there are reports of a “major breakthrough” regarding the Thaiyitti land issue, a long-standing point of contention. Local news outlets are reporting significant progress in land releases or resolutions that could impact community stability in the Jaffna region.

4. Economic Investigations & Namal Rajapaksa’s Statements
In a move that’s trending across social media, Namal Rajapaksa has made public statements regarding “hidden millions” in foreign currency, challenging the current government’s narrative on asset recovery. This has reignited the political debate over the progress of anti-corruption investigations into the previous regime’s wealth.

5. Weather & Safety Alerts

New weather alerts have been issued for several parts of the island. Following the destructive nature of the recent cyclone/monsoon activity, the Meteorological Department is urging caution as further rainfall is expected, potentially complicating the already slow reconstruction of bridges and roads.


Latest News


  • ComBank Elevates Lending Strategy with Ambitious 2025 Vision

    ComBank Elevates Lending Strategy with Ambitious 2025 Vision

    The Commercial Bank of Ceylon has reached a significant milestone in 2025 by becoming the first private sector bank in the country to expand its loan book beyond Rs. 2 trillion. Over the year, the bank’s loan portfolio grew by Rs. 541 billion, averaging over Rs. 45 billion monthly, underscoring its dedication to national economic

    Read more


  • Sri Lanka Customs Surpasses February 2026 Revenue Goal in Just 23 Days

    Sri Lanka Customs Surpasses February 2026 Revenue Goal in Just 23 Days

    FINANCIAL CHRONICLE – Sri Lanka Customs has surpassed its revenue target for the first 23 days of February, according to official data. The target for February was set at 165.9 billion rupees, but collections have already reached 176.9 billion rupees, exceeding the target by 6.6 percent. Since the disruption caused by the Ditwah devastation in

    Read more


DAILY NEW DIGEST


▶︎•၊၊||၊|။|||||။၊|။•