Connect with us

News

Harsha expresses displeasure at absence of MoF officials

Published

on

An irate Dr. Harsha de Silva gestures as he questioned the failure on the part of Finance Ministry officials to attend COPA (Committee on Public Finance) meeting chaired by him (Pic courtesy Parliament)

RW’s report before COPA

The Committee on Public Finance, chaired by (Dr.) Harsha de Silva, expressed his displeasure at the absence of Finance Ministry officials summoned before it on Tuesday (25), when the Mid-Year Fiscal Position Report 2023, issued under Section 10 of the Fiscal Management (Responsibility) Act, No. 3 of 2003 by the Minister of Finance, Economic Stabilization and National Policies, who is also the President, was taken up for consideration at the Committee meeting held in Parliament.

The MoF presented its fiscal status at the end of June 2023. According to this report, the primary balance of the budget had a surplus of 0.1%. Revenue collection has increased by 41.9% YoY to 1,317 Bn, mainly as a result of the substantial increase in VAT on goods and services. Expenditure for the first half was 2,560 Bn, which witnessed an increase of 40.5% YoY. The biggest increase was in domestic interest expense, which rose by 51.6% to 1,273 Bn in the first half of this year.

The Committee members raised various questions regarding the fiscal position, Economic performance, expenditure and the performance of the state-owned enterprises based on the statistics presented by the officials present. Key concerns raised by the member of COPF were regarding the 11.5 percent contraction in the first quarter of 2023. The Committee questioned the root causes of such contraction and the specific measures taken to address such root causes preventing further economic downturns

The Committee further questioned the sustainable plan of the Ministry to achieve growth in line with the President’s vision 2048. Though there was a substantial discussion on the plan for growth to reach a developed country, it was disclosed that there was no coherent strategy.

The Committee was of the notion that the response to the Committee queries by the officials who were present, were ineffective and lacked clarity. The Committee also queried the increase of taxes due naturally to inflation vs policy changes in taxes.

Whilst expressing the importance of being prepared with adequate data and statistics when presenting before the Committee, COPF also emphasized that the officials of the Ministry of Finance should be more responsible and have a proper vision along with a focused team to achieve the goal of a sustainable economy.



News

CEB trade unions hint at stringent industrial action after talks fail

Published

on

Trade unions of the Ceylon Electricity Board (CEB), backed by the powerful Ceylon Electricity Board Engineers’ Union, have warned of accelerated trade union action following the collapse of crucial discussions held on Monday (16) with the CEB Chairman, who also serves as Secretary to the Ministry of Power and Energy.

The issue is expected to take centre stage at today’s press conference, with unions signalling that a token strike, possibly a 12-hour countrywide action, could be staged next week unless authorities urgently intervene.

The meeting earlier this week ended without what union representatives described as any “positive or constructive outcome.”

Trade union leaders expressed disappointment that their key concerns had not been substantively addressed during discussions with the Chairman.

At the heart of the dispute is the unions’ demand for a collective agreement in accordance with Section 18(j) of the Sri Lanka Electricity Act No. 36 of 2024. Trade union representatives maintain that the law provides for structured engagement between management and employees and that a formal collective agreement is necessary to ensure transparency and industrial stability within the institution.

The unions also submitted what they termed a reasonable proposal to safeguard the CEB Employees’ Provident Fund (EPF), voicing concerns over the long-term security of workers’ retirement benefits.

However, according to trade union sources, those proposals were not adequately taken up during the discussions.

A senior electrical engineer told The Island that further internal consultations were being held to decide the next course of action. “There is growing frustration among employees. The issues raised are fundamental and relate directly to statutory compliance and the financial security of staff,” he said.

The Island learns that unless there is meaningful engagement from the authorities, the proposed token strike could mark the beginning of more stringent industrial action.

Energy sector observers warn that any escalation of trade union unrest at the CEB could have serious implications for the country’s power sector stability at a critical time.Further developments are expected following today’s media briefing.

By Ifham Nizam

Continue Reading

News

PM reveals allowances and perks available to MPs

Published

on

Prime Minister Dr. Harini Amarasuriya yesterday (19) revealed allowances and benefits provided to Members of Parliament at present.She did so while responding to a question raised by Samagi Jana Balawegaya MP Chaminda Wijesiri.

According to the disclosure:

An MP receives a monthly allowance of Rs. 54,285, with an entertainment allowance of Rs. 1,000 per month.

Driver allowance is Rs. 3,500 per month; however, if the MP is provided with a driver by the Ministry of Public Security and Parliamentary Affairs, no driver allowance is paid.

Telephone allowance is Rs. 50,000, while transport allowance is Rs. 15,000 per month.

Office allowance amounts to Rs. 100,000.

MPs attending parliamentary sessions receive Rs. 2,500 per day, while Rs. 2,500 per day are given for MPs attending committee meetings on non-sitting days.

Meanwhile, Members of Parliament also receive a fuel allowance based on the distance from their elected district to Parliament.

For national list MPs, this is calculated as 419.76 liters of diesel per month, paid at the approved market rate on the first day of each month.Dr. Amarasuriya also emphasised that these allowances are structured to cover official duties and transportation costs.

Continue Reading

News

CID expresses regret to Natasha; IGP to issue guidelines on ICCPR arrests

Published

on

Former OIC of the Cyber Crime Investigation and Intelligence Analysis Unit of the CID, M.M.U. Subhasinghe, yesterday expressed his regret in writing to civil activist and comedian Natasha Edirisooriya at the Supreme Court regarding her arrest under the International Covenant on Civil and Political Rights (ICCPR) Act.

The Attorney General’s Department, appearing on behalf of the respondents, informed the court that the IGP would issue a set of guidelines via a circular to all police officers to prevent unlawful arrests under this Act in the future. It was further noted that the circular would be issued within two weeks, and the petitioner, Natasha Edirisooriya, has examined and agreed to these guidelines.

These submissions were made yesterday before a three-judge bench of the Supreme Court, led by Chief Justice Preethi Padman Surasena, during the hearing of the Fundamental Rights (FR) petition filed by Edirisooriya challenging her unlawful arrest.

Following these developments, the court ordered the respondents to inform the court via a motion within two weeks of issuing the IGP’s circular and ordered the conclusion of the case proceedings.

Natasha Edirisooriya was present in open court yesterday. Addressing her, Chief Justice Surasena stated that the court appreciates the manner in which the legal proceedings were brought to a conclusion.

The letter expressing regret stated: “As the arresting officer, considering the totality of circumstances, I wish to express deep regret to you for the arrest on 27th May 2023 and your incarceration in remand custody till 5th July 2023 consequent thereto. I also extend my deep regret regarding the damage that may have been caused to your reputation and dignity, and mental and emotional trauma caused by the arrest and incarceration.”

The respondents agreed to express this regret and issue the circular based on the specific conditions put forward by Edirisooriya in consultation with her counsel Suren Fernando and the legal team.

By AJA Abeynayake

Continue Reading

Trending