සි   |     |  

2022-06-09

News Categories : Committee News 

The Covid situation, including the suspension of vehicle imports other than the change in the government's tax policies, led to the country's economic collapse - Former Secretary to the Ministry of Finance R. Attygalle

It is unreasonable to claim that the country lost nearly Rs. 500 billion due to the change in tax policies of the new government, as this was due to the loss caused by the import restrictions imposed, including the suspension of the import of vehicles, and the economic contraction caused by the Covid situation, Former Secretary to the Ministry of Finance Mr.  S.R. Attygalle said.

He was speaking at a meeting of the Committee on Public Finance held in Parliament yesterday (08) under the chairmanship of Hon. Anura Priyadarshana Yapa.

Mr. Attygalle further stated that these decisions regarding tax policies were taken in keeping with the first Cabinet Paper presented by the former Prime Minister Hon. Mahinda Rajapaksa on December 04, 2019.

Former Secretary to the President Dr. P.B. Jayasundara, former Secretary to the Ministry of Finance S. R. Attygalle, former Governor of the Central Bank Ajith Nivard Cabraal, former members of the Monetary Board, current Governor of the Central Bank Dr. Nandalal Weerasinghe and other senior officials of the Central Bank were summoned before the Committee Meeting.

The Members of the Finance Committee were of the view that in presenting a Cabinet Paper, there should be a background note and a report on the subject matter concerned and that the officials in charge of the subject should take responsible for it. Though, there were some unavoidable circumstances, which arose at the time, decisions should have been taken after a proper study by the Central Bank and the Ministry of Finance, the committee members said.

The Members of the Committee on Public Finance further inquired whether any action had been taken by any of the Economists and Professionals in writing to submit a report containing clear conclusions of the Monetary Board with regard to the monetary policy decisions taken by the then political authority.

Former Secretary to the President Dr. P.B. Jayasundara said that such decisions would be tabled in Parliament are then referred to Committees.

Members of the Committee on Public Finance again inquired as to whether the economists and professionals had duly pointed out and informed their superiors as responsible officials of the Government at that time, regarding the incorrect policy decisions taken by the political authorities.

The current Governor of the Central Bank (Dr.) Nandalal Weerasinghe said that responsible government officials should refrain from engaging in politics and that the difference between a politician and an official should be properly recognized. He further said that it is the responsibility and duty of the officials to inform the politicians when they are not correct and the politicians alone are not responsible for the consequences of such decisions.

The MPs who participated in the committee said that although they had told the responsible officials and the then political authorities on various occasions about the possible side effects of such policies, no one had paid attention to them.

The Chairman of the Committee Hon. Anura Priyadarshana Yapa also emphasized that the relationship between the officials of the Central Bank and the Parliament should be enhanced and a proper communication process should be established when making important decisions pertaining to the country.

Accordingly, the Chairman of the Committee stated that this discussion will be held again on the 17th as further discussions are required in this regard.

Leader of the Opposition Hon. Sajith Premadasa, Hon. (Dr.) Nalaka Godahewa, Hon. M.A Sumanthiran, Hon. Mujibur Rahman, Hon. (Dr.) Suren Raghavan, Hon. Gamini Waleboda, Hon. Kanchana Wijesekera, Hon. Anupa Paskuwal, Hon. Vijitha Herath, Hon. Pramitha Bandara Tennakoon, Hon. Indika Anuruddha , Hon. Isuru Dodanga, Hon. (Prof.) Ranjith Bandara, Hon. Nalin Fernando and other officials were present at the committee meeting held.

 

1

3 4

6



Related News

2026-04-29

Officials from the Department of Meteorology and the Disaster Management Centre summoned before the Parliamentary Select Committee

The Select Committee of Parliament to conduct a comprehensive study on the lack of preparedness to face Cyclone Ditwah and report to Parliament and submit its proposals and recommendations in that regard, called officials from the Department of Meteorology and the Disaster Management Centre to appear before it.These matters were discussed when the Committee met recently in Parliament under the chairmanship of the Hon. minister (Dr.) Nalinda Jayatissa. The meeting was attended by a group of senior officials from the respective institutions, including the Director General of the Department of Meteorology, Mr. Athula Karunanayake, and the Director General of the Disaster Management Centre, Major General (Retd) Sampath Kotuwegoda.During the meeting, the Committee inquired into how the Department of Meteorology and the Disaster Management Centre operate as primary responding institutions during natural disasters.Officials also clarified the shortcomings in the existing system as well as deficiencies in the relevant technical equipment.It was also decided to summon officials from the Department of Irrigation and the Mahaweli Authority of Sri Lanka before the Committee in the future to examine how those institutions function as primary responding bodies, and subsequently to call these institutions separately to investigate incidents related to Cyclone “Ditwah.”The meeting was attended by the Committee members including Hon. Deputy Ministers Dr. Prasanna Gunasena, Major General (Retd.) Aruna Jayasekara, and Anton Jayakodi, as well as Hon. Members of Parliament Attorney at Law Anuradha Jayaratne, Hector Appuhamy, Rohini Kumari Wijerathna, M.K.M. Aslam, Attorney at Law Anushka Thilakaratne, Kandasamy Prabhu, Ruwan Mapalagama, and (Dr.) Pathmanathan Sathiyalingam.


2026-04-28

Parliamentary Caucus for Persons with Disabilities Holds Discussions with Several Ministries on Allocations and Programs under the 2026 Budget

The Parliamentary Caucus for Persons with Disabilities held discussions with several ministries regarding the allocations made in the 2026 Budget for persons with disabilities and the progress of related programs. The meeting took place recently in Parliament under the chairmanship of Hon. Member of Parliament Sugath Wasantha de Silva.During the meeting, relevant ministries presented matters related to higher education, religious and cultural sites, accessible housing for persons with disabilities, access to credit for entrepreneurship, and technological innovations.Accordingly, the University Grants Commission stated that 143 students with disabilities were admitted during 2024/2025, and it is expected to increase this number to 203 in 2025/2026. Each university has been allocated between Rs. 25–50 million for infrastructure development. It was also noted that an additional monthly allowance of Rs. 5,000 will be provided to low-income students with disabilities. Officials further stated that a pilot project is being implemented to admit students with disabilities into medical faculties in several universities. Measures will also be taken to recruit permanent sign language interpreters for universities and to develop a program to identify students who become disabled due to accidents and provide them with assistive devices such as wheelchairs.Meanwhile, officials from the Ministry of Buddhasasana, Religious and Cultural Affairs stated that coordinating officers have already been appointed under the ministry to handle matters related to persons with disabilities. The Chair of the Caucus drew attention to the lack of physical accessibility at religious places, especially temples. It was decided to coordinate with the Central Cultural Fund and the Department of Archaeology to improve accessibility infrastructure at religious and historical sites.The Ministry of Housing, Construction and Water Supply has allocated Rs. 500 million to provide sanitary facilities for persons with disabilities in the Western Province and plans to construct 9,700 houses in 2026. The ministry also agreed to adopt a special loan scheme for persons with disabilities and to develop “model plans” to construct houses that meet their specific needs.Officials further informed the Caucus that housing construction will be carried out based on flexible “model plans” designed with consideration for the specific needs of persons with disabilities.The Ministry of Industry and Entrepreneurship Development pointed out that there is a significant “trust gap” between banks and entrepreneurs with disabilities, making it difficult for them to obtain loans. Accordingly, the Chair instructed the ministry to explore the possibility of introducing a Credit Guarantee Scheme for micro and small entrepreneurs with disabilities.In addition, the Ministry of Science and Technology stated that it will pay special attention to research that supports the needs of the disabled community, particularly in the commercialization of innovations. The Caucus advised the ministry to encourage research teams to develop assistive devices and to prioritize bringing such products to market.Officials from the Ministries of Youth Affairs and Sports, Public Security and Parliamentary Affairs, Foreign Affairs, Foreign Employment and Tourism, and Environment also shared their views.The Caucus further decided to review the progress of all the proposed plans by each ministry again in six months.The meeting was attended by the Deputy Co-Chair of the Caucus, Hon. (Dr.) Pathmanathan Sathiyalingam, members of the Caucus including Hon. Members of Parliament Padmasiri Bandara, Chandima Hettiarachchi, and with the permission of the Chair, Hon. Members of Parliament T.K. Jayasundara and Jagath Manuwarna, along with a group of officials.Representatives from several organizations, including the National Forum of Women with Disabilities, the Sri Lanka Central Federation of the Deaf, the Little People Association, and the Youth Network with Disabilities (YND), also attended. Additionally, representatives of the disability community were present as observers at the invitation of the Chair, along with officials from the International Foundation for Electoral Systems (IFES).


2026-04-09

Committee on Public Finance Raises NDB Bank Fraud with Central Bank

The Committee on Public Finance (CoPF) met on 07th April 2026 under the chairmanship of Hon Member of Parliament Dr. Harsha de Silva.The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe, along with members of the Governing Board, the Monetary Policy Board, and senior officials, attended the meeting as part of the Central Bank’s statutory presentation to Parliament conducted once every four months.Hon. Deputy Ministers Chathuranga Abeysinghe, (Dr.) (Ms.) Kaushalya Ariyarathnea and Nishantha Jayaweera, Hon. Members of parliament Rauff Hakeem, Attorney at Law, Ravi Karunanayake, M.K.M. Aslam, Nimal Palihena, Chithral Fernando, Attorney at Law, Wijesiri Basnayake, Thilina Samarakoon, Champika Hettiarachchi and (Ms.) Lakmali Hemachandra, Attorney at Law were also present at the meeting.During the meeting, the Committee took up as a matter of priority the alleged fraud at NDB Bank. The Committee initiated a focused discussion with the Central Bank, underscoring the seriousness of the issue and the need for urgent attention.The Governor informed the Committee that an initial investigation in this regard is currently underway. He further assured that the Central Bank will report back to the Committee at the earliest possible opportunity once the necessary information has been gathered.The Committee observed with serious concern that there appear to have been considerable lapses in corporate governance at the bank, deficiencies in supervision by the relevant departments of the Central Bank of Sri Lanka, and undue delays in the reporting of material information.The Committee firmly underscored that such shortcomings are unacceptable and directed that immediate corrective measures be undertaken. It further emphasized that it will continue to closely monitor this matter and exercise stringent oversight to ensure full accountability, transparency, and the safeguarding of public confidence in the financial system.


2026-04-02

Committee on High Posts Approves Appointments of Four Ministry Secretaries

The Committee on High Posts has approved the appointments of four Ministry Secretaries.The approval was granted when the Committee met in Parliament recently (Mar. 20) under the chairmanship of Hon. Prime Minister Dr. Harini Amarasuriya.Accordingly, the Committee approved the appointments of Air Vice Marshall H.S.S Thuyyacontha (Retd.) as the Secretary to the Ministry of Defence, Mr. L Mohamed Navavi as the Secretary to the Ministry of Science and Technology, Mrs. W.M.D.T Wickramasinghe as the Secretary to the Ministry of Women and Child Affairs and Mr. W.W.S Mangala as the Secretary to the Ministry of Ports and Civil Aviation.






Copyright © The Parliament of Sri Lanka.

All Rights Reserved.

Design & Developed by  TekGeeks