2023-01-20
News Categories : Committee News
The Committee on Public Finance (CoPF) chaired by Hon. (Dr.) Harsha De Silva, Member of Parliament greatly appreciated the swift action taken by the Port City Economic Commission following the previous meeting held on 05.01.2023, to give redress to the online presence of the Commission and the submission of audited accounts for 2021 which were key issues raised by the Committee at the previous meeting.
The Hon. Chair stated above, when the Port City Economic Commission was summoned by the Committee on Public Finance yesterday (Jan. 19).
Initially having established that, per the Act, the Port City Economic Commission is a body corporate established under the ordinances that govern a Commercial entity in Sri Lanka and is wholly owned by the State, discussion centered around the legality of enterprises incorporated in the territory and their scope therein.
With CoPF raising some technical prerequisites for the validity of issued licenses, it was agreed that the burden of proof would lay with the applicant when the Port City Economic Commission was queried about its capacity and capability to check the validity of the information provided in the application. It was confirmed that a register of all companies within the territory designate will be maintained electronically – accessible to the general public.
The Committee raised concerns about the privilege of applicants who have freedom to choose to conduct business outside of the Colombo Port City citing the varying tax policies. The Port City Economic Commission responded that corporates will be imbued with the power to formulate their own Human Resources policies with regards to salary structures. The Chairman of the Finance Committee stressed that this would need to be strictly monitored in the future and possibly revisited as it leaves room for malpractice. Additionally, on an interim basis, if the Minister in charge authorizes and nominates a location, companies can, for an interim period of no longer than 05 years, open an enterprise outside of the Port City.
When the Committee queried the mention of surcharges and fines, the Port City Economic Commission confirmed that they are working with the Attorney General’s department and respective regulators to confirm the parameters of penalties. Dr. Harsha reiterated that The Port City Economic Commission cannot take on the job of multiple regulators when governing the Colombo Port City. He directed them to work closely with the Finance Ministry who are already under instructions by the Finance Committee to finalize a gaming regulator by the end of 2023 for Sri Lanka.
Dispute Resolution was addressed, and it was confirmed that as per the act, the arbitrary body within the Port City will only provide a space for conflict resolution, however all judicial matters will be taken up on a priority basis at Magistrate and Civil courts within the borders of Sri Lanka. The Attorney General’s office confirmed that this will be reviewed in the future.
All Gazettes submitted for review were approved conditional to further redress to provide more clarity to the process of renewing licenses and ensure that the Port City Economic Commission regularly meet to ensure future avoidance of delays for the submission of audits and other legally required queries.
State Minister Hon. (Dr.) Suren Raghavan, Hon. Anupa Pasqual, Members of Parliament Hon. Chandima Weerakkodi, Hon. Mayantha Dissanayake, Hon. (Prof.) Ranjith Bandara, Hon. (Dr.) Nalaka Godahewa, Hon. Premnath C. Dolawatte, Hon. Madhura Withanage and officilas of the Port City Economic Commission, Attorney Generals Department were also present at this Committee meeting held.
2026-04-29
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
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
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
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.
Handbook of Parliament
The System of Elections in Sri Lanka
How Parliament Works
Business of Parliament
Copyright © The Parliament of Sri Lanka.
All Rights Reserved.
Design & Developed by TekGeeks
