2023-09-20
Hon. Wajira Abeywardana stated that when the Central Bank declared financial bankruptcy, an entire country failed.
The Member of Parliament stated the above when the Select Committee of Parliament to Investigate Causes for Financial Bankruptcy declared by the Government and to Report to Parliament and Submit its Proposals and Recommendations in this regard met recently (Sep. 15) Chaired by Hon. Sagara Kariyawasam in Parliament.
Hon. Wajira Abeywardana and the former Central Bank Governor Ajith Nivard Cabraal were called before the Committee.
The statements made by the Member of Parliament Hon. Wajira Abeywardana on September 1st, 2022 and February 10th, 2023 regarding financial bankruptcy were inquired at the Committee meeting held.
Addressing the Committee Hon. Wajira Abeywardana pointed out that according to the Constitution, the power of financial control vets with the Parliament and because of follwoing a wrong process, the Central Bank declared the country's financial bankruptcy on 12.04.2022. The Parliamentarian pointed out that as a result of this, the whole country fell into trouble.
Hon. Wajira Abeywardana pointed out that in the first quarter of 2022, $3.9 billion was to be paid and by April 8th, 2022, $3.2 billion had been paid. He pointed out that by April 12th, about 70 million dollars had to be paid to China and in that context, the Central Bank declared financial bankruptcy on April 12th effortlessly. The Parliamentarian pointed out that this is a wrong process and this should not have happened and there was potential to get support from the private sector and pay this amount. As a result, he pointed out that a large number of officials of the Central Bank are responsible for the situation in the country and certain individuals were not standing by Sri Lanka at that point in time. Therefore, the Member of Parliament further mentioned that people who stand with Sri Lanka should be given a high chair.
He also quoted a statement made by the current President, Hon. Ranil Wickremesinghe, on April 8th, 2022, when he was a Member of Parliament. He also commented on the submission of about 70 amendments to the recently presented Central Bank Act by the Supreme Court.
Addressing the Committee, the former Central Bank Governor Ajith Nivard Cabraal pointed out that the declaration of financial bankruptcy was the result of a long-term effort by several groups. The new Central Bank Governor declared financial bankruptcy on the first day of his appointment, i.e. April 12th, he said. He also pointed out that this is a declaration of debt default made without any national or institutional level discussion.
The former Central Bank Governor Ajith Nivard Cabraal pointing out 3 main points in particular and accordingly, indicated that the announcement of financial bankruptcy on April 12th, 2022, how the bankruptcy took place and the fall in the value of the rupee will be discussed here. He explained at length how the declaration of financial bankruptcy was made on April 12th, 2022, and stated that he would elaborate on the other two points on a future date due to time constraints.
The Committee Chair, Hon. Sagara Kariyawasam, stated that there is an opinion that the governor of the Central Bank ran away at a difficult time for the country and he needs to give an explanation in this regard. Former Governor Ajith Nivard Cabraal said that on 03.04.2022, all the Cabinet Ministers met and took a decision to resign from the Cabinet and because he was also present at this occasion, he too felt obligated to take the same decision. But he pointed out that it does not amount to running away.
The Committee Chair, Member of Parliament Hon. Sagara Kariyawasam stated that it is important to get a good understanding regarding this matter so that something like this does not happen in the future.
Minister Hon. (Mrs.) Pavithradevi Wanniarachchi, Members of Parliament Hon. S. B. Dissanayake, Hon. Jayantha Ketagoda, Hon. (Dr.) Major Pradeep Undugoda, Hon. Sanjeeva Edirimanna, Hon. Nalaka Bandara Kottegoda were present at the Committee meeting held.
2026-09-25
The Committee on High Posts of Parliament recently granted approval for the appointment of a new Ambassador, a High Commissioner, and a chairperson of a state institution.The approvals were granted when the Committee on High Posts met under the chairmanship of Prime Minister Dr. Harini Amarasuriya.Accordingly, the Committee approved the appointment of Mrs. Anzul Banu Jhan as the new Ambassador of Sri Lanka to the Republic of the Philippines and Mr. Chandana Rohana Kumara Ambagolla as the new High Commissioner of Sri Lanka to Canada.The Committee also approved the appointment of Mr. Nusith Kumarathunga as the new Chairman of Sri Lanka Insurance Corporation Limited.
2026-09-23
A special committee appointed by the Ministerial Consultative Committee on Transport, Highways and Urban Development, to address the difficulties faced by persons with disabilities in obtaining driving licences, held its first meeting in Parliament recently, with particular attention focused on the steps that should be taken to make the process of obtaining driving licences more accessible and streamlined for persons with disabilities.At the meeting, attended by Hon. Members of Parliament Sugath Wasantha de Silva, Dinesh Hemantha and M.A.C.S. Chathuri Gangani, extensive discussions were held on the practical and legal challenges faced by persons with disabilities both in obtaining driving licences and in modifying and using vehicles to suit their respective disabilities.Attention was drawn to the medical examinations conducted by the National Transport Medical Institute (NTMI), the medical recommendations issued based on the nature of a person’s disability, and the procedure for issuing driving licences accordingly. Discussions also focused on conducting medical examinations at district level, expanding the range of vehicle types for which driving licences may be issued to persons with visual impairments, taking into consideration medical criteria including the field of vision, installing appropriate safety equipment in vehicles, and proposed amendments to the relevant Gazette notifications.The legal framework governing the issuance of driving licences to persons with hearing impairments, the use of special identification signs, and the assistance of sign-language interpreters were also discussed. Attention was also given to procedures for modifying vehicles to suit the individual needs arising from a person’s disability.Proposals were also put forward regarding issuing licences to one individual for multiple vehicles, simplifying the medical examination process, and improving the online system between the National Transport Medical Institute and the Department of Motor Traffic.The need for the necessary amendments to the relevant Gazette notifications, expanding services at the regional level, and creating awareness among relevant institutions to make the process of obtaining driving licences more accessible and streamlined for persons with disabilities was also emphasised. The importance of taking further steps to ensure the transportation rights of persons with disabilities while ensuring road safety was also stressed.Officials of the Ministry of Transport, Highways and Urban Development and other relevant representatives attended the meeting.
2026-09-23
The Promotion of Export Agriculture (Amendment) Bill was considered and approved at a recent meeting of the Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability.The matter was discussed when the Committee, chaired by Hon. Member of Parliament Hector Appuhamy, met on the occasion under the chairmanship of Hon. Member of Parliament, Attorney-at-Law Bhagya Sri Herath.As part of the restructuring of the institutional structure of the Department of Export Agriculture, new positions were created and existing positions were upgraded, including changing the designation of “Director” to “Director General.” However, the relevant provisions of the Export Agriculture Promotion Act, No. 46 of 1992, had not been amended accordingly. Furthermore, other related designations that required amendment had also not been revised. The necessary amendments have therefore been introduced through this Bill.It was also noted that the definitions of export agricultural crops referred to in the Act as “notified agricultural crops” have become practically incompatible with current production and market conditions. Accordingly, the need has arisen to revise and update the relevant definition so that it is appropriate for the present and future export agriculture sector.Accordingly, the Bill provides that, in place of the definition of the term “Export Agricultural Crop” in Section 19 of the Act, the term shall mean means any crop identified as a crop that have an export potential in addition to the local consumption other than paddy, vegetables, fruits, root crops and additional food crops belonging to the category of food crops and declared by the Minister in charge of the subject as “a notified agricultural crop” under section 2 of this Act. It further provides that any crop identified as a plantation crop shall not be included in this definition.The Committee also inquired into matters relating to the export of crops from Sri Lanka, including pepper. It was revealed that Sri Lanka exported 12,910 metric tonnes of pepper in 2025, with India being the country's largest buyer.Several members of the Committee, along with officials from the Ministry of Agriculture, Livestock, Land and Irrigation, participated in the Committee meeting.
2026-09-23
The Sectoral Oversight Committee on Education, Manpower and Human Capital has decided to appoint a Parliamentary subcommittee to study the salary disparities arising when teachers are appointed to the Principals’ Service, as well as the resulting reluctance among senior teachers to enter the Principals’ Service, and to make recommendations in this regard.These matters were discussed when the Sectoral Oversight Committee on Education, Manpower and Human Capital met in Parliament recently, under the chairmanship of Hon. Member of Parliament, Attorney-at-Law Hesha Withanage.Particular attention was drawn to the salary disparity arising from the fact that, under the Sri Lanka Principals’ Service Minute issued on 22 October 2014, entry into the Principals’ Service from the Teachers’ Service is considered a “new appointment” rather than a “promotion.”Officials pointed out that this situation is further aggravated by the significant difference in salary increments when a teacher is appointed from Grade 1 of the Teachers’ Service to Grade III of the Principals’ Service. They also noted that, although an adjustment allowance was introduced under Circular No. 03/2014 to address the salary difference arising at the time of appointment to the Principals’ Service, a salary gap emerges again as the teacher’s service progresses because they do not receive the higher salary increments that they would have received had they remained in the Teachers’ Service.It was also discussed that, as a result, senior and experienced teachers in Grades 1 and 2-I of the Teachers’ Service are being discouraged from sitting for the Principals’ Service examination and entering the Principals’ Service. Accordingly, attention was drawn to amending the Service Minute so that entry into the Principals’ Service from the Teachers’ Service would be treated as a “promotion” rather than a “new appointment.”The procedure for granting promotions within the Teachers’ Service was also discussed. The Committee pointed out that a newly appointed teacher entering the service with a university qualification takes approximately 19 years of service to reach Grade 1 of the Teachers’ Service.Attention was also drawn to the direct recruitment of Bachelor of Education (B.Ed.) graduates to Grade 2 of the Teachers’ Service in accordance with the Teachers’ Service Minute.Meanwhile, it was revealed that a verbal agreement had been reached with the Public Service Commission to recruit B.Ed. graduates as teachers under the previous system until 2030. Accordingly, it was stated that a Cabinet Memorandum has been submitted to recruit B.Ed. graduates to Grade 2 of the Teachers’ Service during this year.It was also discussed that these recruitments are planned to be carried out separately from the ongoing recruitment process for 23,000 teachers, based on subject-specific vacancies existing at provincial level.The Committee also considered the need to give universities until 2030 to update B.Ed. degree programmes so that they correspond with the actual subject requirements of the school system. In particular, the Committee highlighted the need to introduce specialised B.Ed. programmes in fields such as Science, Mathematics and Primary Education.Meanwhile, the Committee also considered the issue of recovering excess salary payments made to 261 laboratory attendants and security guards in the Southern Province. It was revealed that approximately Rs. 50.8 million had been overpaid as a result of the employees being placed on the 12th salary step instead of the initial salary step of the relevant salary scale in 2008 and 2009.It was stated that the matter was identified in 2016 and was subsequently examined through an audit query in 2022. To date, Rs. 15.1 million has been recovered through the suspension of salary increments and deductions from salaries.The representatives who appeared before the Committee pointed out that the employees were not directly responsible for this administrative error and that their letters of appointment had specified a particular salary scale. Accordingly, the Committee decided to bring the matter to the attention of the Governor of the Southern Province by way of a letter, with a view to obtaining his positive intervention regarding the difficulties faced by the employees.
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