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Only 36 out of 1,200 public sector accountants professionally qualified
CA offers way to bridge critical skills gap
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has urged the government to integrate CA Sri Lanka’s Chartered Public Finance Accountant (CPFA) qualification into public service recruitment to bridge the critical skills gap in professionalising the country’s public sector finance management.
CA Sri Lanka President, Heshana Kuruppu said that there was an urgent need to professionalise Sri Lanka’s public sector finance management, drawing comparisons to Cyprus’ economic recovery, which saw a significant shift towards qualified professionals in financial roles.
Addressing CA Sri Lanka’s Annual Budget Seminar 2025, Kuruppu said although there are 1,200 public sector accountants in Sri Lanka, only 36 are professionally qualified as per recent most available statistics.
The Annual Budget Seminar 2025 held at the CA Sri Lanka auditorium brought together leading experts in finance, taxation, and policy, to analyze the country’s fiscal trajectory and provided a platform for in-depth discussions on the government’s budget proposals and their economic implications, with the keynote delivered by Dr. Harshana Suriyapperuma, Deputy Minister of Finance and Planning.
CA Sri Lanka also utilized the platform to reaffirm its commitment to supporting policymakers, businesses, and professionals in driving sustainable economic progress, while also underscoring its readiness to assist the government in key areas, including strengthening institutional governance of state-owned enterprises (SOEs).
Kuruppu, who emphasized the critical role of financial governance, public sector efficiency, and regulatory improvements in shaping Sri Lanka’s economic future. Highlighting the Budget’s key proposals, he called for greater institutional reforms, particularly in State-Owned Enterprises (SOEs).
“As you know, CA Sri Lanka played a pioneering role in introducing the corporate governance framework to corporates in the country and supported its voluntary adoption by many corporates well before it became law. We are ready to share our experience and expertise with SOEs to improve their governance structure, including the role of directors, the role of audit committees, improving transparency through timely reporting, and risk management. This support could be provided through organizing workshops or other knowledge-sharing initiatives to support the government’s plans,” Kuruppu said.
During the seminar, Sarah Afker, Chairperson, Faculty of Taxation, CA Sri Lanka, delivered the key highlights of the National Budget, which was followed by a high-profile panel discussion, featuring Thanuja Perera, Tax Policy Advisor, Ministry of Finance; Dr. Nishan de Mel, Executive Director, Verité Research; Dr. Roshan Perera, Economist; Nisreen Rehmanjee, Head of Corporate Finance & Group Tax, John Keells Group PLC; Ayesha Ashenthi, Commissioner, Department of Inland Revenue; and Afker, with the session being moderated by Saman Sri Lal, Council Member and Alternate Chair, Faculty of Taxation.
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UPDATE: Flash flood on Nepal-Tibet border kills more than 100, with hundreds of tourists missing
More than 100 people have been killed in Nepal and Tibet, and hundreds of tourists are missing, after a massive flash flood and mudslide
The missing tourists include more than 100 from India, 54 from the US, and 33 from the UK, as well as more than 100 from Nepal itself, according to Nepal’s tourist board. The area is popular with pilgrims and trekker.
Dozens of police officers and army prtxonnel are also missing, as well as power workers. My family was swept away in front of me, one woman tells us – she and her son survived by climbing to a rooftop
In Tibet, Chinese state media report three dead and 265 missing, CCTV from Tibet shows a wall of water and mud hitting buildings at a border crossing.
Authorities initially thought an earthquake may have triggered a landslide – the US Geological Survey now says the sesimic energy was instead generated by a landslide.
(BBC)
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Advisory for High Waves for the sea areas extending from Colombo to Pottuvil via Galle, Matara and Hambantota
Advisory for High Waves
Issued by the Natural Hazards Early Warning Centre Issued at 03.30 p.m. on 26 August 2026 Valid for the period until 03.30 p.m. 27 August 2026
An advisory for high waves has been issued for the sea areas extending from Colombo to Pottuvil via Galle, Matara and Hambantota and naval and fishing communities engaged in activities in the aforementioned sea areas, as well as coastal communities living in the aforementioned nearshore areas, are advised to remain vigilant in this regard
The swell waves (about 2.0 m – 3.0 m) height (This is not for land area) may increase in the sea areas off the coast extending from Colombo to Pottuvil via Galle, Matara and Hambantota. There is a possibility that near shore sea areas off the coast extending from Beruwala to Matara via Galle, may experience surges due to swell waves.
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We must create social awareness to ensure the physical and mental well-being of children with disabilities – PM
Prime Minister Dr. Harini Amarasuriya stated that, given their particular vulnerability children with disabilities require protection, and stressed the need to foster social awareness to protect them from negative social influences while promoting their physical and mental well-being. She emphasized the need to implement awareness programmes for parents, teachers and other members of society towards this end.
The Prime Minister made these remarks on Tuesday [August 25] while visiting and observing the National Institute of Special and Inclusive Education – Shishyodaya, located in Veniwelkola.
The purpose of the Prime Minister’s visit was to observe the institutional structure and gain an understanding of the areas that require further development.
The Prime Minister emphasized that a systematic mechanism should be established to transform the institution, which was established in 2019 outside the basic standards and plans for Inclusive Education, into an institution that provides quality education to children and fulfills the targeted objectives of inclusive education. She also proposed appointing a special committee to make the necessary recommendations in this regard.
The Prime Minister further stated that steps would be taken in coordination with the Ministry of Health to address the shortage of therapists and medical professionals required to provide clinical services to students at the institution. She also stressed that the maintenance of equipment and buildings should be carried out properly using the financial allocations provided for such purposes.
The Prime Minister further noted that finding sustainable solutions to the issues faced by the institution is essential, while immediate interventions should be made to address issues that can be resolved without delay. The welfare of the teachers serving at the institution was also discussed during the visit.
Member of Parliament Anura Panagoda, Chairman of the Homagama Pradeshiya Sabha Kasun Rathnayake, Secretary to the Ministry of Education, Higher Education and Vocational Education Nalaka Kaluwewa, ministry officials, parents and students were present.

[Prime Minister’s Media Division]
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