2022-07-07
News Categories : Committee News
According to the data, petrol and diesel can be sold at a price of approximately Rs. 250 in Sri Lanka, said Mr. Janaka Ratnayake, Chairman of the Public Utilities Commission of Sri Lanka (PUCSL).
He stated this when the Committee on Public Enterprises (COPE) met in Parliament yesterday (06) under the chairmanship of the Member of Parliament (Prof.) Charita Herath to examine the Auditor General's report for the years 2018 and 2019 and current performance of the Public Utilities Commission of Sri Lanka.
Explaining this further, Mr. Rathnayake mentioned that this is revealed when checking the statistics on the import prices of petroleum and the taxes levied by the government. Accordingly, he pointed out that petrol and diesel can be provided in Sri Lanka at Rs. 200 less than the current price. According to this, petrol and diesel can be sold at a price of approximately Rs. 250 . He also said that the government has collected a tax of Rs. 280 for one liter of diesel imported on July 1st.
He said that this is his personal statement and he would make the statement after consulting the data. Accordingly, the members present asked about the awareness of the officials of the commission and the officials of the board of directors said that they are not aware of it. It was also mentioned here that the Ministry of Finance has not formally informed about this.
COPE members asked Mr. Ratnayake about his qualifications for becoming the chairman of this commission. He pointed out that he has obtained a Special Degree in Public Administration from the University of Sri Jayawardenepura and a Postgraduate degree in Business Administration (MBA) from the University of Colombo. He also said that he has also studied at Harvard University. As his political qualifications, he stated that since 2005, Rajapaksa has been greatly supported in forming governments.
COPE chairman mentioned that the statement made by PUCSL Chairman regarding the fuel price is more serious and the attention of the country is being drawn on this. Therefore, officials from the Ministry of Power and Energy and the PUCSL Chairman are expected to be summoned before the COPE to inspect the matter in the future, said Prof. Herath.
Also, it was discussed at length about the purchase by the commission of a “Benz” car manufactured in the year 2005 without fuel or driver from a company called General Business (Private) Ltd without entering into any agreement for a period of one year from December 07, 2021. Thus, the annual rent for this vehicle was Rs.4,500,000 and on 31 May 2022, Rs. 2,187,500 had been paid to the aforesaid company. However, the COPE questioned the fact that the files regarding the hiring of this vehicle were not submitted for audit, recommendations were given to hire a 15-year-old vehicle, as well as the irregularities in calling for bids for the hiring of this vehicle, and the issues of transparency in the payment of rent for this vehicle. In particular, the committee instructed the officer who signed the approval to provide money for this institution to act responsibly.
Accordingly, the COPE Chairman recommended that an investigation be conducted and a full report be submitted to the COPE.
Also, although it was informed that the Organization Structure and Salary Structure of the PUCSL should be developed under the recommendation of the National Salary and Cadre Commission and the approval of the Department of Management Services and that the Finance Minister should submit an amendment to the Cabinet and approve it, the committee discussed spending on certain functions without doing it by the end of 2021.
In particular, the COPE paid attention to the fact that Rs. 45,873,483 were paid to the staff of the institution under 11 types of allowances. Also, the committee paid more attention to the fact that Rs. 86,808,538 of the total operating cost, (49% of the total amount) had been spent on public awareness programs.
In particular, attention was paid to the approved electricity generation plan for the years 2018-2037. The officials present mentioned that data on another new generation plan was submitted in the year 2021 and was not approved as the appropriate requirements were not met. Here, the Committee mentioned that when the political authorities change, problems arise due to the change of these plans, so all parties should pay more attention to this.
Furthermore, under the Electricity (Distribution) Performance Standards Orders mentioned in a special gazette notice issued in 2016, the commission was assigned the responsibility of preparing and implementing the performance rules. Thus, the work that should be implemented within 36 months after the decree came into effect, although almost 4 years have passed, the committee drew attention to the fact that even the adaptation phase, which was planned to be completed in 2018, has not yet been completed. The officials who were present mentioned that this was planned to be done in 3 phases in 3 years and that it has not happened yet due to the need to change the system and the problems in the relationship between the parties involved.
The members of the committee Hon. Minister Mahinda Amaraweera, Hon. Mahindananda Aluthgamage, Hon. Indika Anuruddha, (Dr.) Hon. Harsha de Silva, (Dr.) Hon. Nalaka Godaheva, Hon. Jayantha Samaraweera, Hon. Premnath C. Dolawatta and Hon. Mr. Madura Withanage were present. Also, several MPs who are not members of the committee also participated with the permission of the chairman of the committee.
2025-09-12
The Committee on Public Finance has granted approval for the 2026 budget estimate of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC).This approval was granted during a meeting of the Committee held yesterday (Sep. 11th ) in Parliament, chaired by Hon. Dr. Harsha de Silva, Member of Parliament.During the meeting, the Chairman of the Committee pointed out that just as the Central Bank of Sri Lanka experience the financial independence, it is important to grant financial autonomy to institutions such as the Bribery Commission (CIABOC) and the Auditor General’s Department to ensure greater independence in their operations. He further stated that with such financial independence, these institutions would be able to function more autonomously, irrespective of which government is in power, and free from prevailing political authority. Accordingly, the Committee decided to inform the Minister of Finance, who is also the President, about this matter.Additionally, Hon. Dr. Harsha de Silva stated that the remuneration of the Chairman, Director General, and members of the Commission should be aligned with that of the President of the Court of Appeal. Therefore, as the salary of the President of the Court of Appeal is revised, the salaries of these officials should also be revised accordingly. The Committee Chair also noted that the necessary intervention will be made in this regard.Members of Parliament Ravi Karunanayake, Harshana Rajakaruna, (Dr.) Kaushalya Ariyaratne, Wijesiri Basnayake, Sunil Rajapaksha, Nimal Palihena, Thilina Samarakoon, and Nishantha Jayaweera participated in the meeting.
2025-09-12
For the first session of the Tenth Parliament, Hon. Member of Parliament Kabir Hashim was appointed as the new Chair of the Committee on Public Accounts (COPA). This appointment fills the vacancy created following the resignation of Hon. Member of Parliament Aravinda Senarath, who served as the Chair of the Committee on Public Accounts (COPA) for the first session of the Tenth Parliament, on 06.08.2025. The Committee convened in Parliament today (Sep. 12) to elect the new Chairman. For the position of Chair, the name of Hon. MP Kabir Hashim was proposed and seconded respectively by Hon. Members of Parliament J.C. Alawathuwala and Rohitha Abeygunawardhana. Subsequently, addressing the Committee, the new Chair stated that he expects to carry out his duties in a neutral manner, free from political bias, with the cooperation of all members. He further expressed his special appreciation for the work performed by former Chair Hon. Member of Parliament Aravinda Senarath and stated that he expects to carry out the responsibilities of his office even more effectively. Moreover, the new Chair indicated that he is prepared to take the necessary measures to further systematize the functions of the COPA Committee by formulating new plans. The occasion was also attended by Hon. Deputy Minister Sugath Thilakaratne, Hon. MPs (Dr.) M.L.A.M. Hizbullah, Rohitha Abeygunawardhana, J.C. Alawathuwala, Chamara Sampath Dasanayake, Hector Appuhamy, (Dr.) Kavinda Heshan Jayawardhana, Oshani Umanga, Ruwanthilaka Jayakody, Thushari Jayasingha, Attorney at Law, M.A.M. Thahir, Lal Premanath, Chanaka Madugoda, as well as Parliament officials including Director (Legislative Services) and Acting Director (Communication) M. Jayalath Perera.
2025-09-11
The Committee on Public Finance reviewed the country’s income, expenditure, and debt conditions during the first half of 2025. This took place at a meeting of the committee held in Parliament on the 9th September 2025, chaired by Honorable Member of Parliament Dr. Harsha de Silva. Accordingly, the Sri Lankan government has reported a strong fiscal performance for the first half of 2025 compared to the total revenue for the first six months of 2024, exceeding the mid-year target, officials from the Ministry of Finance informed the Committee. Presenting data, Finance Ministry officials pointed out that the total revenue collected from the half-yearly estimated income of Rs. 2,241 billion from January to June 2025 was Rs. 2,318 billion, which exceeded the half-yearly estimate by 3%. Meanwhile, the total government expenditure in the first half of 2025 was Rs. 3,467 billion, an increase of Rs. 367 billion compared to the expenditure in the first six months of 2024. The main reason for this increase has been debt servicing, which was Rs. 1,984 billion in the first half of 2025. Recurring expenditure on essential public services, including public sector salaries, pensions, social security programs such as ‘Aswesuma’ and ‘Samurdhi’, has also increased, Finance Ministry officials said. Furthermore, the Sri Lanka Customs Department has recorded a revenue of Rs. 996 billion between January and June 2025, recording a growth of 47% compared to the year 2024 (January - June). The revenue received from the import of automobiles contributed significantly to this growth, which had received Rs. 429 billion. Since the opening of vehicles for import, 220,026 vehicles have been imported into Sri Lanka so far, of which 154,537 vehicles have been cleared by Sri Lanka Customs, the Finance Ministry officials pointed out. Furthermore, the Hon. Members of the Committee also inquired from the Sri Lanka Customs Department about the issues faced by importers due to the time taken at Customs for container clearance activities of 9 - 10 days. Accordingly, the departmental officials informed the committee that a method is being developed to resolve the issue and complete the clearance of the relevant goods within 2-3 days. The Inland Revenue Department (IRD) also reported an increase, reporting an income of Rs. 1,040,388 million out of the estimated income of Rs. 1,022,691 million in the first half of 2025. Here, the departmental officials pointed out that TIN (Tax Identification Number) numbers have been issued for about 1.3 million Sri Lankans over the age of 18. Here, the Chairman questioned whether the expected economic growth target for this year can be achieved based on this data. However, Finance Ministry officials said that it can be assumed that economic growth will be around 3.1% this year. The Chairman of the Committee also instructed the officials to take steps to inform the Committee about the policy of the Ministry of Finance regarding the tax policy applied to cigarettes. The Committee also discussed the discrepancy between the forecasts made by the Central Bank of Sri Lanka and the Ministry of Finance regarding the country's foreign reserves at the end of the year. The meeting was attended by the Hon. Members of Parliament Ravi Karunanayake, Harshana Rajakaruna, Ajith Agalakada, M.K.M. Aslam, (Dr.) Kaushalya Ariyaratne, Nimal Palihena, Attorney-at-Law Chitral Fernando, Wijesiri Basnayake, Sunil Rajapaksa, Champika Hettiarachchi, Attorney-at-Law Lakmali Hemachandra, and Nishantha Jayaweera.
2025-09-10
A high level delegation from the CVF – V20 led by H.E Mohamed Nasheed, Secretary General of the CVF- V20 Secretariat and the former President and Speaker of Maldives held a special session in Partnership with the Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability. Welcoming the delegation, the Chair of the Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability Hon. Member of Parliament Hector Appuhamy emphasized that a separate institution must be created which is dedicated to the development agenda of Sri Lanka ensuring support for Climate Prosperity Plans. The Chair further stated that the Climate Prosperity Plan is not just another policy document and that it is a promise that despite our vulnerabilities, Sri Lanka will choose resilience and justice calling for all Parliamentarians and the government to work in cross party unity to endorse, strengthen and implement the updated Climate Prosperity Plan. This special session was held recently (Aug. 28) in Parliament, under the Chairmanship of Hon. Member of Parliament Hector Appuhamy and with the participation of the Hon. Leaders of the Opposition Sajith Premadasa, the Hon. Chief Opposition Whip Gayantha Karunathilaka, Hon. Members of Parliament, and officials representing the Ministry of Environment. H.E Mohamed Nasheed, Secretary General of the CVF- V20 Secretariat and the former Hon. President and Speaker of Maldives in his key note address stated that they consider the climate issue as a moral and ethical issue and now it has become a financial and economic issue. Under the Climate Prosperity Plan, he emphasized that they aim to find new ways of doing things which is sustainable. Hon. Leader of the Opposition Sajith Premadasa in his remarks elaborated on the importance of raising awareness on climate change within Parliament and outside. Following a presentation by the delegation the forum was open for a round table discussion. Thereafter, the delegation toured the Parliament premises.
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