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EUR 10 mn grant for improving transparency and accountability in public finance expenditure

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Sri Lanka has received foreign grants amounting to EUR 9.8 mn meant to improve transparency and accountability in public finance expenditure.

The EU disclosed the grant in a statement issued yesterday. According to the statement, the government, the World Bank, the European Union (EU) and Agence Française de Développement (AFD) have signed financing agreements to help strengthen Sri Lanka’s management of public finances.

“Weak management of public finances contributed to Sri Lanka’s economic crisis, so it is crucial to strengthen core public finance institutions and systems to shore up the economic recovery and get the country on a sustainable growth path,” the statement quoted World Bank Country Manager for the Maldives, and Sri Lanka Chiyo Kanda as having said. “This project will leverage technology to develop and scale up the government’s nascent e-procurement system (e-GP) and enhance the institutional capacity of the National Audit Office of Sri Lanka, both important steps towards enhancing efficiency and transparency in public procurement and external audits.”

The public sector is the largest purchaser of goods, works, and non-consulting services in Sri Lanka’s domestic market. Procurement of these goods and services is often delayed due to cumbersome and outdated procedures and processes, limited understanding of market approaches, and lack of capacity and empowerment of procurement decision-makers.

“In the absence of digitized procurement tools and an efficient e-procurement system, Sri Lanka misses out on opportunities to leverage economies of scale and to monitor the efficiency and timeliness of procurement,” said Ambassador of the European Union to Sri Lanka and the Maldives Denis Chaibi. “A strong and modernized public finance management system is vital for the country to mitigate the risk of crises in the future and to establish accountability and public trust in the system. The European Union—through the World Bank—is pleased to support institutional capacity and transparency in Sri Lanka’s procurement and audit, which will improve economic governance and aid Sri Lanka’s recovery.”

The EU stated that the project aims to strengthen the overall accountability framework by improving the performance of the National Audit Office of Sri Lanka in terms of stronger governance, greater accountability, and enhanced institutional capacity in areas relating to audit planning, quality assurance, staff capacity, engagement of citizens in the audit process, as well as in specialized audits such as procurement and environment audits.



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President Disanayake, Japanese Ambassador discuss bilateral cooperation

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President Anura Kumara Disanayake met with Ambassador of Japan to Sri Lanka, H. E.. Akio ISOMATA, this morning (27) at the Presidential Secretariat.

During the meeting, the Ambassador officially invited President Disanayake to visit Japan and expressed appreciation for the new government’s policy framework.

The Japanese Ambassador stated that efforts have been made to include Sri Lanka in the recently launched security cooperation assistance program by the Government of Japan.

Extensive discussions were held regarding the ongoing and future initiatives of the joint Japan-Switzerland-South Africa program aimed at fostering national reconciliation among the northern communities affected by the 30-year conflict. Additionally, they reviewed the current status of Japanese investments in Sri Lanka.

Furthermore, the current status and progress of digital economic and airport investments were discussed. The Ambassador also reaffirmed Japan’s commitment to supporting Sri Lanka’s Digital Transformation Program, emphasizing the Government of Japan’s intention to invest in port and aviation-related projects, as well as digitalization initiatives in Sri Lanka.

The discussion was attended by Advisor to the President on Economic and Financial Affairs Dr. Duminda Hulangamuwa, Senior Additional Secretary to the President Roshan Gamage, First Secretary & Head of Economics and Development Cooperation Section OHASHI Kenji, and First Secretary & Head of Political Section MURATA Shinichi.

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President meets Senior Naval Officers

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A discussion on Sri Lanka’s current security situation was held on Wednesday (26) at the Presidential Secretariat, under the leadership of President Anura Kumara Disanayake.

During the meeting with senior naval officers, attention was drawn to future security measures concerning the country’s security situation.

Extensive discussions were held on maritime operations conducted to ensure national security, including efforts to curb arms and drug trafficking via sea routes and surveillance missions in deep-sea waters.

Deputy Minister of Defence Aruna Jayasekara, Secretary to the Ministry of Defence Air Vice Marshal Sampath Thuyacontha, Commander of the Navy Vice Admiral Kanchana Banagoda, and several senior naval officers participated in the meeting.

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Govt. to initiate talks on setting up Truth Commission: FM Herath

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Herath

UNHRC Session in Geneva:

The JVP/NPP government has expressed its willingness, at the UNHRC in Geneva to initiate talks on setting up a Truth and Reconciliation Commission to investigate acts of violence caused by racism and religious extremism,

Addressing the High-Level Segment of the 58th Regular Session of the United Nations Human Rights Council (UNHRC) in Geneva, Foreign Minister Vijitha Herath said: “The contours of a truth and reconciliation framework, will be further discussed with the broadest possible cross section of stakeholders, before operationalisation to ensure a process that has the trust of all Sri Lankans. Our aim is to make the domestic mechanisms credible and sound within the constitutional framework. This will include strengthening the work towards a truth and reconciliation commission empowered to investigate acts of violence caused by racism and religious extremism that give rise to tensions within Sri Lankan society.”

“The Government has pledged to take tangible steps in the interest of further advancing national unity and reconciliation. The President has proposed to declare a Sri Lanka Day, in line with our vision for a reconciled Sri Lanka and commitment to bridging gaps between communities. We will ensure that the domestic mechanisms and processes, established to address challenges emanating from the conflict, will continue their work in an independent and credible manner, within the Constitutional framework. Domestic institutions, such as the Office on Missing Persons (OMP), Office for Reparations, and Office for National Unity and Reconciliation (ONUR), will be strengthened,” he said.

Minister Herath reaffirmed Sri Lanka’s commitment to human rights, reconciliation, and sustainable development, highlighting the country’s progress and government’s strategies for continued engagement with the international community.

The government is firmly and sincerely committed to working towards a unified Sri Lanka that respects and celebrates the diversity of its people with no division or discrimination based on race, religion, class and caste. We will not leave room for a resurgence of divisive racism or religious extremism in our country. The fundamental and long standing principles of democracy and freedom enshrined in our Constitution will be fully respected and safeguarded while protecting the human rights of all citizens. Every citizen should feel free to practice their religion, speak their language, and live according to their cultural values without fear or discrimination. No one should feel that their beliefs, culture, or political affiliations will make them targets of undue pressure or prejudice. Administrative, political and electoral processes will be activated towards this end.

A number of confidence building measures have also been taken in the last few months towards reconciliation. In November 2024, a number of roads in the Northern Province, including the Palali-Achchuveli main road, were opened for public use, after several decades. The President, during his visit to the North in January this year, made an open invitation to Tamil-speaking youth to be part of Sri Lanka’s police service. The 2025 Budget includes significant allocations to upgrade the libraries throughout the country, including the historical Jaffna library which is a symbol of education and enlightenment for the Tamil community, he said.

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