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President Wickremesinghe Unveils Historic Budget Allocation for Technological Advancements in Sri Lanka

In a groundbreaking initiative aimed at positioning Sri Lanka at the forefront of technological and scientific progress, President Ranil Wickremesinghe has announced the largest budget allocation in the country’s history for technology, science, and research. The announcement, made during the 100th memorial birthday celebration of the late Professor Stanley Wijesundara, underscores the President’s commitment to fostering innovation and research to propel the nation’s development.

President Wickremesinghe revealed that the unprecedented budget allocation is geared towards introducing artificial intelligence (AI) technology to Sri Lanka, with a focus on advancing scientific and technological research endeavors. Emphasizing the necessity for a robust institutional framework, the President envisions cultivating a digital and green economy, positioning Sri Lanka as a global player in these emerging fields.

During the memorial celebration, President Wickremesinghe inaugurated the “Stanley Wijesundara AI Corner” at the University of Colombo, signifying a commitment to advancing AI technology in the country. The President unveiled a statue of Professor Wijesundara and issued a commemorative stamp and a first-day cover, marking the centenary of the esteemed scholar’s birth.

Reflecting on his personal connection with Professor Wijesundara, President Wickremesinghe shared childhood memories and highlighted their collaborative efforts in 1977. Together, they worked on the new university bill under the presidency of J.R. Jayawardena, where Professor Wijesundara played a pivotal role as Vice-Chancellor of Colombo University.

The President lamented the untimely loss of Professor Wijesundara, acknowledging his significant contributions to higher education and science. He commended Professor Wijesundara’s dedication to the development of Colombo University, particularly in collaboration with Dr. Samaranayake to enhance the science department and establish a computer center.

President Wickremesinghe underscored the broader context of violence during that era, emphasizing the importance of remembering tragic incidents involving students, professors, and monks. He urged the nation to reflect on the loss of valuable contributors to education and science, clarifying that the police were not responsible for the killings.

Turning to the current global landscape, President Wickremesinghe discussed the growing importance of artificial intelligence, highlighting international efforts to regulate its use. He emphasized the need for careful handling of AI, recognizing its potential while addressing concerns about its uncontrolled application.

Revealing a budget allocation of 1.5 billion rupees for AI technology in the next year and an unprecedented 8 billion rupees for science and research activities, the President signaled Sri Lanka’s initiation into advancing AI capabilities and fostering innovation. Plans for the establishment of the Technology and Innovation Council, a digital transformation agency, and the AI Corner at the University of Colombo aim to lay the foundation for a new scientific and green economy, pending parliamentary approval.

As President Wickremesinghe concluded his remarks, he urged the nation to embrace the changing technological landscape, reiterating the government’s commitment to steering Sri Lanka toward a future marked by innovation, sustainability, and global competitiveness. The memorial celebration of Professor Stanley Wijesundara thus became a symbolic moment, not just to honor a distinguished scientist but to usher in a new era of technological and scientific advancements for Sri Lanka.

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