Courtesy The Daily Mirror

Throughout his tenure in Parliament, Dr. Harsha has consistently been a voice of reason, advocating for economic stability, fiscal responsibility, and transparent governance. His contributions to major legislative reforms demonstrate a commitment to policies that prioritise national welfare over partisan gain

The new political shift in Sri Lanka positions the leftist alliance to implement widespread policy changes, potentially offering the stability that many Sri Lankans have long been yearning for While Sajith Premadasa remains a prominent figure, securing more votes in the most recent elections than Dr. Harsha de Silva—voter dynamics reveal deeper trends

Unlike many of his colleagues, Dr. Harsha De Silva achieved a remarkable 17.72% increase in preferential percentage gain, signalling growing public support

A coalition that previously held only three seats in Parliament has achieved a sweeping victory in Sri Lanka’s recent parliamentary elections. The Janatha Vimukthi Peramuna (JVP) led National People’s Power (NPP) coalition now controls over two-thirds of the legislature; a historic outcome unprecedented in the history of the Sri Lanka parliament. This political shift positions the leftist alliance to implement widespread policy changes, potentially offering the stability that many Sri Lankans have long been yearning for. Yet, Sri Lanka now stands at a critical juncture where the presence of a strong opposition is not merely desirable; it is absolutely essential!

Regardless of which party holds power, unchecked authority poses inherent risks. A vigilant opposition that maintains checks and balances is fundamental. An effective opposition serves to expose legislative loopholes, identify critical areas of concern, and provide a vital check on the majority’s power. As a driving force with 159 seats, the NPP government will steer policy and reform, but to govern effectively, they must have a strong yin to their yang.

An opposition is only as effective as the leadership that guides it. Sri Lanka has a history of opposition parties that have resisted policies and reforms simply for the sake of opposition. Is this the political culture and path we wish to continue on? An effective opposition leader holds the government accountable, challenging proposed legislation to protect the interests of the people rather than the party. Such a leader acts as a bridge, channelling public concerns into meaningful political discourse and refining legislative measures to benefit the nation as a whole. Sri Lanka’s democratic future depends not solely on the strength of the ruling coalition, but on an empowered opposition ready to engage, challenge, and elevate governance.

On 21 November 2024, Sajith Premadasa was appointed as the Leader of the Opposition. While his political prominence cannot be denied, the question arises: is he the most qualified person for the role? In contrast, Dr. Harsha de Silva stands out as a compelling alternative for opposition leadership.

Throughout his tenure in Parliament, Dr. De Silva has consistently been a voice of reason, advocating for economic stability, fiscal responsibility, and transparent governance. His contributions to major legislative reforms demonstrate a commitment to policies that prioritise national welfare over partisan gain. Dr. De Silva’s engagement with international bodies, including the International Monetary Fund (IMF), World Bank, and the Asian Development Bank has showcased his ability to navigate complex economic challenges with strategic foresight.

While Sajith Premadasa remains a prominent figure, securing 145,611 votes in the most recent elections—more than Dr. De Silva’s 81,473—voter dynamics reveal deeper trends. Unlike many of his colleagues, Dr. De Silva achieved a remarkable 17.72% increase in preferential percentage gain, signalling growing public support. This contrast becomes more striking when considering that many within the Samagi Jana Balawegaya (SJB) experienced declines in voter preference; including Premadasa himself, who saw a 9.05% drop.

The data points to a shift in voter sentiment and underscores Dr. De Silva’s appeal as a leader who resonates with evolving public expectations. His ability to secure increased support, even in challenging political climates, displays his potential to lead a strengthened, purpose-driven opposition. 

Dr. De Silva also has an impressive academic and career background. He is a highly respected economist and has built a career that spans both the private and public sectors. Educated at Royal College Colombo, Dr. De Silva earned his BS in Business Management from Truman State University in 1988 before completing his MA and PhD in Economics at the University of Missouri in 1993. He also furthered his expertise in social programme evaluation through an executive programme at the Massachusetts Institute of Technology in 2006, as part of the prestigious Eisenhower Fellowship.

Dr. De Silva’s career in economics is distinguished by his tenure at DFCC Bank, where he served as Chief Economist and Treasurer, and his role as a co-founder and Joint Managing Director of The Nielsen Company. His rich experience in both banking and market research has given him a nuanced understanding of economic systems, making him a key figure in shaping policy decisions.

Though Dr. De Silva is in the opposition he has emphasised his commitment to supporting policies that benefit the country, regardless of political affiliation. He has made it clear that his role is not to oppose for the sake of opposition, but to contribute constructively to national growth. His leadership approach focuses on ensuring that policies are in the best interest of the people of Sri Lanka.

Economic blueprint 

Further, Dr. De Silva’s economic blueprint for Sri Lanka, which has been updated through three distinct editions, stands as a comprehensive and strategic plan for the country’s growth and development. Each iteration has built upon the last, adapting to the evolving challenges and opportunities facing the nation. The blueprint focuses on key areas such as economic diversification, fiscal discipline, social welfare, and enhancing Sri Lanka’s global competitiveness. His plan offers concrete solutions for boosting sustainable growth, tackling inequality, and ensuring that the benefits of economic progress reach all segments of society. 

Dr. De Silva’s constructive approach to governance highlights why he is the ideal candidate to lead the opposition in Sri Lanka. While he holds a position in the opposition, he has consistently supported and actively contributed to positive government policies that promote the country’s long-term stability and development. Notably, Dr. De Silva backed crucial reforms like the Central Bank Act of 2023, which strengthened the independence of the Central Bank by removing the Finance Secretary from its board, as well as the Public Finance Management Act, the Public Debt Management Act, and the Parliamentary Budget Office Act. When the opposition leader Premadasa considered opposing key bills like the Central Bank Act, Dr. De Silva successfully persuaded them to abstain, recognising the vital importance of these reforms for the country’s stability. His support has gone beyond mere endorsement; as Chairman of the Committee on Public Finance (COPF), he has worked alongside the government to refine and improve these laws, offering valuable suggestions to make them even more effective.

He has also demonstrated foresight in addressing pressing issues such as the fertiliser crisis. Recognizing the problem early on, he raised alarms in COPF regarding the government’s decision to lift the ban on chemical fertiliser imports, questioning the potential implications of such a move. His proactive stance in highlighting potential risks, even when it involved challenging government policies, showcases his commitment to the country’s well-being over political rivalry.

Dr. De Silva’s leadership as Chairman of the Committee on Public Finance (COPF) has not only demonstrated his exceptional ability as a doer,” but also highlighted his success in building consensus and driving meaningful reforms across political divides. Under his guidance, COPF has tackled a range of critical issues with determination and a commitment to transparency and accountability. One of the most significant achievements of COPF during his tenure was the investigation into the irregularities surrounding Sri Lanka’s visa outsourcing contract. The decision to bypass competitive bidding, which led to a sharp increase in visa fees from USD 1 to USD 25, was uncovered by COPF. This raised serious concerns over the government’s failure to protect public funds and ensure the best value for money. Dr. De Silva’s insistence on thorough scrutiny ultimately led to a Supreme Court ruling in August 2024, which suspended the controversial contract and restored the previous, more affordable visa system managed by Mobitel PVT Ltd.

Another pivotal moment under Dr. De Silva’s leadership was his intervention to reduce milk powder prices. Recognising the undue financial burden placed on Sri Lankans due to high taxes on imported milk, Dr. De Silva pointed out the discrepancy in the government’s handling of local and imported milk powder tariffs. His advocacy for revisiting the tax structure resulted in an overnight reduction in milk prices nationwide, directly benefiting consumers.

Dr. De Silva’s commitment to social issues was also evident in his leadership on alleviating period poverty. Following discussions with civil society organisations post-Budget 2024, Dr. De Silva championed a proposal to provide free sanitary napkins to schoolgirls. His initiative led to the allocation of underutilised funds from the Ministry of Education to create a voucher system, benefiting 800,000 schoolgirls across the country.

These milestones, from exposing visa system corruption to driving significant social change and tackling economic inefficiencies, emphasise his effectiveness in promoting good governance. His work within COPF has not only saved public funds but also ensured that government policies are scrutinised for their impact on the people. His leadership in COPF is a clear demonstration of why he is the right choice to lead the opposition, advocating for a government that serves the people with integrity and transparency.

Outside his work in the Committee on Public Finance, Dr. De Silva has been instrumental in shaping one of Sri Lanka’s most impactful public health initiatives: the Suwa Seriya Ambulance Service. Established in 2016 following a proposal by Dr. De Silva, Suwa Seriya addresses a critical gap in the country’s healthcare system and has been recognised by the World Bank as one of the world’s most efficient public services. Prior to this initiative, Sri Lanka lacked an organised ambulance service capable of responding to urgent medical emergencies, especially in rural areas. 

Dr. De Silva’s leadership and accomplishments clearly demonstrate that he was the ideal candidate to lead Sri Lanka’s opposition. His record of driving critical reforms as Chairman of the Committee on Public Finance and his instrumental role in establishing the Suwa Seriya Ambulance Service highlight his ability to turn vision into impactful action. Dr. De Silva’s pragmatic approach, focus on transparency, and commitment to the nation’s long-term development made him the strongest, most qualified individual to hold the opposition’s reins. 

At a time when Sri Lanka’s political landscape requires a strong, constructive opposition to maintain democratic checks and balances, Dr. De Silva’s leadership is essential. He has shown time and again that his priority is not partisan politics but the welfare of the people. As Sri Lanka’s ruling coalition embarks on sweeping reforms, Dr. De Silva’s ability to challenge, scrutinise, and improve policies will be vital for ensuring accountability and protecting the interests of the public. The country needs a leader like Dr. De Silva in the opposition—someone who will not only hold the government to account but also actively shape policies for a better, more inclusive Sri Lanka.

(Chethana Ranatunga has a B.A. Economics (Specialised in Banking and Finance) from the University of Colombo and is reading for her MPP at the University of Oxford (2024-25). She also worked as an Economist at the Interim Parliamentary Budget Office and the Committee of Public Finance Sri Lanka.

Yasu-e Karunaratne is a lawyer and economist with a BBA in Business Economics (Special) from the University of Colombo and LLB (London). She also worked as an Economist at the Interim Parliamentary Budget Office and the Committee of Public Finance Sri Lanka.