News
Expert committee led by Romesh de Silva, PC, will draft new constitution within one year-Sabry
By Saman Indrajith
Justice Minister Ali Sabry told Parliament that the government would present the draft of a new Constitution to the House within one year.
Speaking during the debate on the second reading of the 20th Amendment to the Constitution on Thursday (22), the minister said President Gotabaya Rajapaksa had appointed a committee comprising nine experts, including several President’s Counsel under the leadership of Romesh de Silva, PC, to draft a new Constitution.
“We will also allow a representative from the estate-workers community in the the hill country to the committee of experts. We have appointed experts from all walks of life into this committee.
“One cannot develop a country by merely establishing some fake commissions. We are dedicated to bring in a new Constitution within a year’s time. Our attempt is to bring in a Constitution which will uphold diversity among our people, give the foremost place to Buddhism, respect each other’s religious beliefs and cultural values and create a long lasting Constitution which is inclusive, forward looking and will serve as a catalyst for national unity, amity, progress and accelerate the economic growth of our country.
“I think we need to show empathy and compassion. We respect our national anthem. It says that we should live as children of one mother. However, for all these decades we have not been able to live in harmony. There is a saying ‘United we stand, divided we fall’. When we fall, we fall together, irrespective of our race and religion; we will be dragging each other down. There are two strong bonds that bind all of us together, one is humanity, second is our nationality.
“Delay in law is a major problem in the country at present. There are 4,000 cases before the Supreme Court. There are 4,000 cases before the Court of Appeal. There are only a very limited number of judges to hear all these cases. Since 1978, the number of judges has not increased in our country. In India, since 1978, they have increased the number of judges by three times. So we have brought in an amendment to solve this issue. I would like to invite all the Opposition MPs to support this amendment.”
News
Amendment of the Inland Revenue Act No. 24 of 2017
Approval of the Cabinet of Ministers has been granted at their meeting held on 19.05.2025 in order to introduce amendments to the Inland Revenue Act No. 24 of 2017 including the proposed tax revisions to enhance the tax structure paving way for state financial integrity based on revenue.
Accordingly, the revised draft bill has been prepared by the legal draftsman and clearance of the Attorney General has been received.
Therefore, the Cabinet of Ministers has granted approval for
the resolution furnished by the President in his capacity as the Minister of Finance, Policy Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and subsequently, forward the same to the Parliament for its concurrence.
News
Cabinet nod for “National Mineral Policy” – 2026
The National Mineral Policy was prepared for the first time in the year 1999, and the aforementioned policy has been amended in 2023 to cover matters such as preparing an updated data system related to mineral resources, adding value to the export of minerals, encouraging mineral-related industrialists, extracting mineral resources and managing the environment sustainably, and resolving the issues related to the ownership of the land arising in extracting mineral resources.
The revised National Mineral Policy has been reupdated in line with the manifesto “A Sustainable Resource Utilization – Generation of the Highest Benefit” under the policy statement of the current government” A Thriving Nation – A Beautiful Life.”
Accordingly, the Cabinet of Ministers has approved the resolution presented by the Minister of Industries and
Entrepreneurship to implement the so-formulated “National Mineral Policy—2026.”
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