News

COPF takes up 2 reports to be submitted to Parliament

Published

1 year ago

November 17, 2022

editor

The Committee on Public Finance took into discussion the two reports to be submitted to Parliament by the Committee post presenting the Appropriation Bill to Parliament in accordance with the Standing Orders of Parliament.

This was discussed at the Committee on Public Finance which met in the Parliament recently (15) under the chairmanship of (Dr.) Harsha de Silva, Member of Parliament.

According to Standing Order 121, a report on estimates including whether the allocation of government funds is consistent with the policies of the government after the presentation of the Appropriation Bill every year and a report on the taxation, fiscal and economic assumptions used as a basis for arriving at the total expenditure and revenue, prior to the commencement of the Committee Stage of the budget should be presented to Parliament.

Accordingly, it was discussed about preparing these two reports and presenting them to the Parliament and the opinions of Dr. Dushni Weerakoon, Dr. Nisha Arunatilake and Yuthika Indraratna who are working on the preparation of the two reports were also taken at the Committee meeting held.

The Chairman of the Committee (Dr.) Harsha de Silva further mentioned that after preparing the drafts of these two reports, he hopes to submit these two reports to the Parliament in the future post including the comments of the members of the Committee.

Furthermore, for the first time, the Committee on Public Finance is at present working with a group of economic experts and Dr. Dushni Weerakoon and Dr. Nisha Arunatilake, who are members of the Institute of Policy Studies of Sri Lanka, are also working in support to the group.

The annual program prepared by the National Audit Office for the year 2023 was also considered here. Furthermore, several matters presented by Hon. Anupa Pasqual, Member of Parliament to the Committee were considered and matters regarding the Parliamentary Budget Office was also discussed at the committee meeting.

News

Bill suspending Parate Law, passed

Published

9 hours ago

May 7, 2024

editor

The Recovery of Loans by Banks (Special Provisions) (Amendment) Bill, which was amended to facilitate legal provisions for the suspension of Parate Law until December 15, 2024, was passed in Parliament without amendments today (May 07).

This amendment introduces legal provisions for the suspension of the Parate Law until December 15, 2024.

News

Mervyn granted bail

Published

9 hours ago

May 7, 2024

editor

Colombo Additional Magistrate Tharanga Mahawatta today (May 07) ordered the release of former Minister Mervyn Silva on bail over the SLRC assault incident in 2007.

He was ordered to be released on a surety of Rs. 500,000.

Silva was accused of threatening and assaulting a former journalist of the Sri Lanka Rupavahini Corporation.

The Magistrate also ordered to immediately arrest former municipal councillor – Lal Peiris, who was named as the third suspect in the case, and produce him before the court.

The Magistrate also banned him from travelling overseas.

(Source : Lankadeepa)

News

Appeals Court rejects Wijeyadasa’s petition against interim order

Published

10 hours ago

May 7, 2024

editor

The Court of Appeal today dismissed the petition filed by Minister Wijeyadasa Rajapakshe seeking to suspend the interim injunction issued by the Colombo District Court preventing him from functioning as the Acting Chairman of the Sri Lanka Freedom Party (SLFP).

Minister of Justice Wijeyadasa Rajapakshe was appointed as the Acting Chairman of SLFP during an executive committee meeting held on April 21, by the party’s faction led by former President Maithripala Sirisena.

On April 24, the Colombo District Court issued an injunction order preventing Minister Wijeyadasa from functioning as the Acting Chairman of the SLFP.

The court has also issued an injunction order preventing MP Sarathie Dushmantha Mithrapala from functioning as the General Secretary of SLFP.

Meanwhile, the court had issued another injunction preventing the implementation of the decisions taken by the SLFP Acting General Secretary.

The Colombo District Judge issued these injunctions after considering a plaint submitted by Ministers Mahinda Amaraweera, Lasantha Alagiyawanna and Member of Parliament Duminda Dissanayake.

It was mentioned in the order that these injunctions will remain in effect until May 08, 2024.

However, Minister Rajapakshe had later filed a petition with the Court of Appeal seeking to invalidate the recent order issued by the Colombo District Court preventing him from functioning as the Acting Chairman of SLFP.

(adaderana.lk)

(This story, originally published by adaderana.lk has not been edited by SLM staff)