News
President resists independent review by CC of his nominees to high posts – Lawyers’ Collective
The Lawyers’ Collective (LC) has strongly condemned what it calls President Ranil Wickremesinghe’s attempt to intimidate the Constitutional Council of Sri Lanka.LC has said in a media statement: “The Lawyers’ Collective strongly condemns the recent attempt by President Wickremesinghe to intimidate the Constitutional Council of Sri Lanka. In an authoritarian move, on 23 November 2023, President Wickremasinghe in an address to Parliament entirely misrepresented the constitutional purpose of the Constitutional Council by stating that the ‘Council falls under the Executive’. The heavy handed and dangerous public comments of the President constitute a serious undermining of constitutionally imposed checks and balances in the governance of the country.
“The Constitutional Council (CC) was originally established by the 17th amendment to the Constitution of Sri Lanka in the year 2000 to vet presidential nominees to high posts prior to appointments being made by the President. The 19th Amendment re-established the Council. The 18th and 20th Amendments brought by Rajapaksa administrations abolished the CC as a means of regaining untrammelled powers of the Executive Presidency. Presently, the Council – now under the 21st amendment to the Constitution, is made up of the Prime Minister, the Speaker, the Leader of the Opposition, one Member of Parliament appointed by the President, five persons appointed by the President as nominated; one Member of Parliament nominated by agreement of the majority of the Members of Parliament representing the Government; one Member of Parliament nominated by agreement of the majority of the Members of Parliament of the political party or independent group to which the Leader of the Opposition belongs; three persons nominated by the Speaker by agreement of the Prime Minister and the Leader of the Opposition and one Member of Parliament nominated by agreement of the Members of Parliament other than those representing the Government and those belonging to the political party or independent group to which the Leader of the Opposition belongs, and appointed by the President. Three persons of those nominated by the speaker by agreement of the PM and Leader of the Opposition are to be persons of integrity, who have distinguished themselves in public life and who are not members of any political party.
“The Council was conceived in response to the largely unchecked powers of the President (a design of the 1978 Constitution) in making appointments to high posts such as Chief Justice, Supreme Court and Court of Appeal Judges, the Attorney General, Auditor General, Inspector General of Police, Secretary General of Parliament and the independent Commissions. The Council is a means of achieving national consensus on appointments that require persons of merit, integrity and acceptance across political divides to temper public perceptions of bias and partiality.
The Council was an integral step in depoliticising high public posts. It was also a leap in constitutional development towards securing public accountability and rebuilding public trust in key institutions. Since the Council was established, the executive has from time to time resisted the check placed on it by various means. There has been non-appointment of members and constitutional amendments that abolished the Council, one which replaced it with a rubber stamp Parliamentary Council. Many Presidents have struggled to abide by the high standards imposed by the Constitution.
“President Wickremesinghe, who heralded the 21st Amendment as a return to accountable governance has, by his recent statements in and outside of parliament, crossed a line. In an outrageous move, the President publicly found fault with the Council for failing to approve his nominee to the Supreme Court and his continuing requests to reappoint the current IGP long after his age of retirement. The Constitutional Council is fulfilling its obligations in refusing this reappointment.
He also makes broad claims that the lack of approval has resulted in the police not functioning and the courts coming to a standstill. The President’s decision to appoint a Parliamentary Select Committee to probe into ‘delays’ by the CC constitutes a threat to the members of the Constitutional Council who are constitutionally mandated to deliberate on and independently decide on whether or not a presidential nominee will be approved. If only one candidate is nominated and CC approval is not given, he must hasten to place one or more better suited candidates for approval. He cannot expect to nominate one person and when the CC cannot endorse such person, resort to public complaints and threats against the Council. In fact, it demonstrates the President to disregard of clear constitutional limitations on his executive powers.
“The Lawyer’s Collective notes the growing authoritarianism of a President who serves without a mandate from the people. People’s sovereignty as articulated by the Constitution cannot be flippantly dismissed. This has been powerfully stated in several Supreme Court decisions including a majority decision delivered last week on the economic crisis.
By several previous statements we have raised concerns that the damage to public trust is long lasting. In the wake of an economic and political crisis, and people having expressed their strong desire for change, the conduct of the President signals a failure to break away from undemocratic governance practices of the past, breaching his own pledge of support for the 21st Amendment.
“It is vital that the corporate sector as well as the international community including the International Monetary Fund take grave notice of the growing authoritarianism of the President and the impact it has on good governance and the rule of law in Sri Lanka. If this authoritarian trajectory of the President continues unchecked, it will only lead to political upheaval and further economic uncertainty.”
Signatories to the LC statement are: Upul Jayasuriya, President’s Counsel, Dr. Jayampathy Wickramaratne, President’s Counsel, Professor Savitri Goonesekere, Attorney-at-Law, Geoffrey Alagaratnam, President’s Counsel, M.A. Sumanthiran, President’s Counsel, Dulindra Weerasooriya, President’s Counsel, Dinal Phillips, President’s Counsel, Saliya Pieris, President’s Counsel, S.T. Jayanaga, President’s Counsel, Nalin Dissanayake, President’s Counsel, Lal Wijenayake, Attorney-at-Law, Professor Deepika Udagama, Professor Camena Gunaratne, Upul Kumarapperuma, Attorney-at-Law, K.W. Janaranjana, Attorney-at-Law, Srinath Perera, Attorney-at-Law, Akalanka Ukwatta, Attorney-at-Law, Ermiza Tegal, Attorney-at-Law and Manoj Nanayakkara, Attorney-at-Law
News
Report on the Final Budgetary Condition (Annual Report) – 2025 submited to parliament
As per the provisions of section 51 of the Public Finance Managaement Act No. 44 of 2024, the public should be issued with a report on the final budgetary situation for each year and, the report is then published in the official website of the Ministry of Finance, Planning and Economic Development.
Thereby the report has to be submitted to the Parliament. The final budgetary situation report (Annual Report) – 2025 has been prepared by the Ministry of Finance, Planning and Economic Development and published. The report contains the Public Finance Policy, strategies and challenges, economic trends in 2025, macro – economic and socio – economic indicators covering all sectors of the economy as well as description on the global economic growth.
Furthermore, it accompanies a detailed description government revenue and expenditure, cash flow management, financing the budget deficit and the loan structure.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to submit the Report on the Final Budgetary Condition (Annual Report) – 2025 to Parliament.
Business
Cabinet nod to accept increased Loan Grant provided by the Asian Development Bank under Policy Based Loan Facilities – 2026
Approval of the Cabinet of Ministers was granted at their meeting held on 16.03.2026 to obtain United States Dollars 380 million from the policy – based loan facilities of the Asian Development Bank in the year 2026.
United States Dollars 100 million out of it is allocated for Trade, Investment and Industries Development Programme – Sub Programme 1. However, amidst the economic uncertainty resulting from the current Middle East crisis and the climatic tragedies, the Asian Development Bank has agreed to assist
by increasing a supplementary financing package of United States Dollars 100 million so that it will beMincreased up to United States Dollars 200 million.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to take further measures to obtain the said loan grant.
News
Submission of Revenue Protection Order Prepared under the Provisions of the Revenue Protection Act No. 19 of 1962 to the Parliament for its approval.
Approval of the Cabinet of Ministers was given at the meeting held on 23.02.2026 to impose the custom import duty amounts under four (04) categories as 0%, 10%, 20%, and 30% which had been executed only under three (03) categories in order to increase the target export income of the country, to execute the
recommendations of the national customs duty policies committee, and to implement new national sub division customs codes for promoting the local agricultural and industrial sector.
Imposing provisions in relation to the above, the Revenue Protection Order – No. 01/2026 under the Revenue Protection Act No. 19 of 1962 has been published in the extraordinary gazette notification No. 2478/03 of 03.03.2026.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to submit the said revenue protection order to Parliament for its concurrence.
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