2026-06-10
News Categories : News
A programme to brief Hon. Members of Parliament on Sri Lanka’s current monetary policy, exchange rate policy and the country’s economic situation was held in Parliament today (10th June).
The programme was conducted under the patronage of Hon. Speaker Dr. Jagath Wickramaratne. Resource persons included the Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe, together with a group of senior officials from the Central Bank.
During the session, Members of Parliament were briefed on the current monetary policy in the country, the behavior of the exchange rate, economic stability and matters relating to the economic progress of Sri Lanka. Central Bank officials also responded to questions and comments raised by Members, providing clarifications and explanations.
The event was attended by the Hon. Deputy Chairperson of Committees Hemali Weerasekara, Hon. Leader of the Opposition Sajith Premadasa, Hon. Members of Parliament and the Secretary General of Parliament (Ms.) Kushani Rohanadeera and several other officials.
2026-06-09
The Determination of the Supreme Court in respect of the Bill titled “Prevention of Money Laundering (Amendment)” which was challenged in the Supreme Court under Article 121(1) of the Constitution, was announced to Parliament today (Jun. 09) by the Hon. Speaker, Dr. Jagath Wickramaratne.Accordingly, the Supreme Court has determined that the Bill may be passed by the simple majority of Parliament, except Clause 14 [proposed Section 12A(b)] and Clause 18 [proposed Sections 17A, 17B and 17C] which Clauses shall be passed by the special majority of Parliament. Furthermore, the Speaker informed Parliament that the Supreme Court has further determined that the said Clauses too can be passed by the simple majority of Parliament if they are amended as proposed by the Court.The Hon. Speaker also ordered that the Determination of the Supreme Court be printed in the official report of today's proceedings.
2026-06-08
The Annual General Meeting (AGM) of the Association of Parliamentary Interpreters (API) was held recently at Committee Room No. 02 of the Parliament of Sri Lanka.During the meeting, the following office bearers were elected to serve the Association for the year 2026: Mr. B.M. Razeel as President, Mr. M.I.M. Fazi as Vice President, Mr. M.T. Zainur Rifa as Treasurer, Mr. C. Manimaran as Secretary, and Miss D. Thulankani as Assistant Secretary. The Executive Committee comprises Mr. M. Mayureshan and Mrs. A.A.S. Safaya.Following the election, the newly elected office bearers posed for a group photograph with the Chief Parliamentary Interpreter, Mr. C.J. Karunarathna, Attorney-at-Law, and the Deputy Chief Parliamentary Interpreters, Mr. A.G.M. Fiqrhi, Mr. A. Saravanabavanandan and Mrs. N.B.C.J. Nissanga.
2026-06-04
The Hon. Speaker, Dr. Jagath Wickramaratne, yesterday (Jun. 03) endorsed the certificate on the Inland Revenue (Amendment) Bill.The Inland Revenue (Amendment) Act, No. 11 of 2026, which amends the Inland Revenue Act, No. 24 of 2017, was passed on 19 May 2026. The Act modernizes tax administration procedures, clarifies existing provisions, enhances tax compliance and enforcement, improves the accuracy of tax calculations and deductions, supports strategic economic objectives, and strengthens transparency and anti-money laundering measures.Key changes include the mandatory use of Taxpayer Identification Number (TIN) certificates for certain significant financial transactions, several revisions to the calculation of income, greater clarity regarding tax exemptions for specific projects and businesses, and an expanded scope for the disclosure of information to relevant authorities.Accordingly, the Inland Revenue (Amendment) Bill comes into force as the Inland Revenue (Amendment) Act No. 11 of 2026.
2026-06-03
Parliament is scheduled to meet from June 9 to 12.The Parliamentary business for these sittings was decided at the meeting of the Committee on Parliamentary Business held on June 1 under the chairmanship of the Hon. Speaker, Dr. Jagath Wickramaratne.Accordingly, on each sitting day, the time from 9.30 a.m. to 10.00 a.m. has been allocated for Business of Parliament as per Standing Order 22(1) to (6) of the Parliament. The time from 10.00 a.m. to 11.00 a.m. has been set aside for Questions for Oral Answers, and from 11.00 a.m. to 11.30 a.m. for Questions under Standing Order 27(2). On Wednesday, June 10, however, the time from 10.00 a.m. to 10.30 a.m. will be allocated for Questions to be asked from the Prime Minister, while the period from 10.30 a.m. to 11.00 a.m. will be reserved for Questions for Oral Answers.On Tuesday, June 9, from 11.30 a.m. to 2.30 p.m., Order under the Stamp Duty (Special Provisions) Act, Order under the Ports and Airports Development Levy Act, Order under the Excise (Special Provisions) Act, Order under the Value Added Tax Act and a Decision under the Standing Orders 119 of Parliament are scheduled to be debated and approved. Thereafter, from 2.30 p.m. to 5.30 p.m., a Resolution under the Public Security Ordinance is scheduled to be debated and approved.On Wednesday, June 10, from 11.30 a.m. to 5.00 p.m., the Second Reading Debate on the Telecommunication Levy (Amendment) Bill and the Finance (Amendment) Bill will be held. A Resolution under the Essential Public Services Act is also scheduled to be debated and approved. Thereafter, from 5.00 p.m. to 5.30 p.m., a Motion at the Adjournment Time (Opposition) will be taken up for debate.On Thursday, June 11, from 11.30 a.m. to 1.30 p.m., the Second Reading Debate on the Mediation (Civil and Commercial Disputes) Bill will be held and an Order under the Mutual Assistance in Criminal Matters Act will be debated and approved. Subsequently, from 1.30 p.m. to 5.30 p.m., an Adjournment Debate on the current situation of the country (Opposition) will be held.On Friday, June 12, from 11.30 a.m. to 2.30 p.m., Rules under the Central Bank of Sri Lanka Act and a Supplementary Estimate amounting to Rs. 20 billion are scheduled to be debated and approved. Thereafter, from 2.30 p.m. to 5.30 p.m., the Adjournment Debate on the Report of the Annual Economic Review of the Central Bank of Sri Lanka for the Year 2025 (Government), which commenced on May 20, 2026, will continue.In addition, approval was granted for an awareness programme on the current fiscal policy and related matters for Hon. Members of Parliament, to be conducted on June 10 within the Parliamentary Complex. The programme will be held at the request of the Hon. Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayantha, with the participation of the Governor of the Central Bank of Sri Lanka and other Central Bank officials.
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