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2025-05-21

News Categories : Committee News 

The Committee on Public Finance approves the Resolution for the revision of the limits of several Advance Accounts of ministries and departments

The Committee on Public Finance has granted approval for Resolutions under Section 8 of the Appropriation Act No. 34 of 2023 to revise the limits of several Ministries and Departments for the year 2024. This approval was granted at a recent meeting of the Committee on Public Finance held in Parliament on the May 20th, chaired by (Dr.) Harsha de Silva, Hon. Member of Parliament.

The revision of the limits of advance accounts of several Ministries and Departments for the year 2024 has already been set, and under the provisions of the Appropriation Act, the Minister of Finance is empowered to revise these limits of advance accounts by way of a Resolution based on emerging needs of the relevant year. Officials, in providing clarification on the proposed revisions, further stated that these revised limits must be presented to Parliament for approval.

Accordingly, advancing monies to be used in bribery detection as bribes -  Commission to Investigate Allegations of Bribery or Corruption, printing and publicly and sales of publications advance account – department of educational publications, stores advance account (explosive items) – Sri Lanka navy, prisons industrial and agricultural undertakings – departments of prisons, seized and forfeited goods advance account – Sri Lanka customs, miscellaneous advances – department of state accounts, railway stores advance account department of Sri Lanka railways,  stores advance account – government factory, government factory work done advance account – government factory, advances to public officers received the approval of the Committee.

Commenting on the advancing monies to be used in bribery detection as bribes - Commission to Investigate Allegations of Bribery or Corruption, the Committee Chair stated that the Committee on Public Finance would extend full cooperation for any task undertaken to curb corruption.

Furthermore, during the Committee's discussion on the advance account of Sri Lanka Customs, the officials were questioned regarding the importation of motor vehicles. The Chair inquired into the tax imposed on both registered and unregistered vehicles and whether the revenue from VAT on used and short-distance driven vehicles was being properly collected and whether such tax collection was equitable.

Officials informed the Committee that there is a variation in taxes imposed on used vehicles that are not registered and that have been driven only short distances. The Chair pointed out that, as the government expects substantial tax revenue from vehicle imports, the country is losing significant revenue under the current situation. Accordingly, the Chair instructed officials from the Sri Lanka Customs Department to submit a report to the Committee on the taxes collected from a sample of imported used vehicles.

Hon. State Minister (Dr.) Harshana Suriyapperuma, Hon. Members of Parliament Ravi Karunanayake, (Dr.) Kaushalya Ariyarathne, Arkam Ilyas, Nimal Palihena, Attorney-at-Law Chithral Fernando, Attorney at Law, Thilina Samarakoon, Champika Hettiarachchi, and Lakmali Hemachandra, Attorney at Law were present at the Committee meeting held.



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2025-06-02

The Sri Lanka Bureau of Foreign Employment has spent more than Rs. 1 billion to implement two programs that are not in the annual action plan in 2024 without any planning – COPE discloses

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2025-05-28

Member of Parliament Ajith. P. Perera elected as Chairman of the Sectoral Oversight Committee on Infrastructure and Strategic Development

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2025-05-27

Member of Parliament (Dr.) Janaka Senarathna appointed as the Chair of the Sectoral Oversight Committee on Science, Technology and Digital Transformation

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2025-05-26

It is essential that parliamentary committees are equipped with the necessary knowledge and tools to carry out the law-making process more effectively and uphold the principles of good governance - Hon. Speaker, (Dr.) Jagath Wickramaratne stated addressing the orientation for the members of the Sectoral Oversight Committee

Hon. Speaker, (Dr.) Jagath Wickramaratne emphasized that in order to make the legislative process more effective, it is essential that Parliamentary Committees are equipped with the necessary knowledge and tools while safeguarding the principles of good governance.The Hon. Speaker made these remarks at the opening session of a two-day conference held on the 22nd and 23rd, aimed at raising awareness among Members of Parliament serving in Sectoral Oversight Committees on the existing procedures and methods related to the legislative process.The orientation for the members of the Sectoral Oversight Committee was organized by the Parliament of Sri Lanka in collaboration with the Max Planck Foundation for International Peace and the Rule of Law, and was held in Parliament under the patronage of the Hon. Speaker.Expressing his views at the event, Hon. Speaker, (Dr.) Jagath Wickramaratne stated that the experiences gained through this conference would enable Hon. Members of Parliament to carry out the functions of Sectoral Oversight Committees more successfully. He extended his gratitude to the Max Planck Foundation for their continued cooperation in strengthening democratic institutions in Sri Lanka and pointed out that their commitment to promoting the rule of law and good governance has contributed to enhancing the capacity of the Sri Lankan Parliament.The conference featured contributions from Professor Enrico Albanesi of the University of Genoa, Praveen Chacko Ninan, Research Fellow at the Max Planck Foundation, and Legal Advisor Methmini Wijesinghe of the same foundation.Delivering the keynote address, Praveen Chacko Ninan discussed the technical methods applicable to legislative activities and briefed the Members of Parliament on how to analyze and review draft bills. He also introduced practical technical methodologies and standards for evaluating draft legislation.Furthermore, Professor Enrico Albanesi elaborated on how draft legislation should be reviewed in accordance with the rule of law. He educated the Members on relevant legal norms, various guidelines, and fundamental principles applicable to such evaluations.Among those present at the event were Hon. Chief Opposition Whip Gayantha Karunathilleka, Hon. Members of Parliament, Chief of Staff and Deputy Secretary-General of Parliament Chaminda Kularatne, Director Legislative Servises / Director Communication (Acting) M. Jayalath Perera, along with officials representing the Offices of the Leader of the House, the Chief Government Whip, and the Leader of the Opposition.






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