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Public officials have the responsibility to see whether budget promises are fulfilled – Eran
Sri Lanka, as a debt-ridden and bankrupt country, it is upon the Public Officials to ensure that budget promises are fulfilled, stated Eran Wickramaratne MP. As the month-long Budget debate came to an end, a reality check of the Budget proposals is a necessity. He emphasised that all heads of ministries and departments should fulfill their accountability and responsibility in this regard.
In general, governments in this country do not attain state revenue presented by budgets. The revenue forecast in the Budget of 2023 will decrease by about 15%. It has been estimated that the state income in 2024 will increase by 45% over the actual income in 2023. It can be said right now, that this is not achievable. But this should be analyzed.
State revenue in 2024 is projected to be about Rs. 4 trillion and expenditure about Rs. 8 trillion, a deficit nearing Rs. 4 trillion. Country’s debt is 128% of GDP, with plans to bring it down to 95% by 2032. Debt restructuring is essential, without which the goal to bring down debt to 95% by 2032 will not be attainable. We are happy that the International Monetary Fund has approved the second loan tranche and the agreement of the lending countries to restructure debt.
Wickramaratne, focusing on large-scale foreign funded projects of which there are approx. 116, said that 61 are underperforming and funding has been suspended for 31. He emphasised the importance of adopting methodology to assess for appraisal performance and progress, driving implementation.
The Budget proposes the establishment of new investment zones. There were such proposals since 2017 but none have come to fruition to date. The Auditor General himself had stated that albeit budget allocations, investment zones have not been set up.
In this Budget, there is emphasis on a National Artificial Intelligence Centre with a budget allocation of Rs. 3 Billion. Wickramaratne queried if there had been an appraisal done to this proposed investment with a projected ROI. Access to information on government projects on appraisal and performance is minimal. Inability to obtain information about government projects has increased from 12% in 2016 to 97% by 2023.
We must move away from our set mindset on ownership. Assets/resources belong to the people of a nation and not to a ministry/department or its workers. Assets/resources are of no use to its people, if not utilised and utilised at the right time. Assets/resources must generate financial and economic return to its people. Ownership alone is of no benefit to a nation or its people.
Government owned land is of no use if they do not generate benefit to the people of the country. Resources are of no use if they do not generate benefit to the people of the country. Wickramaratne made reference to a visit he made to Eppawala 20 years ago as the head of National Development Bank. There was resistance to bring in new investment for value addition. To date, Eppawala has not developed to its potential.
If the Middle Eastern countries held on to ownership of its oil resources, rejecting foreign investment, they’d still be Bedouin communities in the desert. These countries have economically advanced in the past 40 years and are now moving into new areas of development. Ironically, with the progression towards green energy, oil as a resource will continue to lose its value over time. In the same light, Sri Lanka has high quality graphene – it must be utilised in a timely manner. If not, with the advancement of science, artificial graphene being developed by China may reduce our potential gains.
The need of the hour is an independent Parliamentary Budget Office for which an allocation is set aside. Initially, the expressway from Colombo to Matara was built. Subsequently, the extension of the expressway from Matara to Hambantota was executed without an assessment of an ROI. Many government projects do not generate benefits to the people because of the absence of proper evaluation.
The MP insisted that we must move away from politicised decision-making to rational policy and managerial decision-making based on economic and financial assessments.
The establishment of an independent Parliamentary Budget Office must be based on a few fundamental principles; – the formation of a budgeting system, the development and execution of a budget based on scientific principles. We have a six-month process for a budget, which should not be the case and inadequate – budgets must be a continuous development – financial management, including that of the executing ministries/agencies performance must be monitored – compliance with law and regulations must be monitored – executive orders must be evaluated and endorsed prior to promulgation.
A clear example of this is the more recent decision to ban chemical fertiliser instantly, for organic fertiliser. Had there been an assessment of this directive by an independent body, it would have been evident that it is an initiative to be rolled out over a 10-15 year period and not one that should be attempted overnight. We would have avoided a catastrophic disaster to the farming industry and to the country in general.
Wickramaratne reiterated that critical decisions made in the recent past and that of the current Budget, should have been vetted by an independent body such as a Parliamentary Budget Office. Personal income tax, defence and welfare expenditure are among the expenditures that need continuous monitoring and are high. Wickramaratne urged the government to set up the independent Parliamentary Budget Office with immediate effect based on critical principles which include procurement, privacy policy and information policy, use of technology, coordination and review of all significant regulations.
In conclusion, Wickramaratne urged the public officials to take it upon themselves to ensure that the Budget is executed and in doing so ensure evaluation of decision-making and monitoring of the progress.
Latest News
Sun directly overhead Neriyakulam, Punewa, Kebithigollewa, Pankulam and Sinhapura at about 12.10 noon today (31)
The sun is going to be directly over the latitudes of Sri Lanka from 28th of August to 07th of September due to its apparent southward relative motion.
The nearest places of Sri Lanka over which the sun is overhead today (31) are Neriyakulam, Punewa, Kebithigollewa, Pankulam and Sinhapura about 12.10 noon.
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BASL takes exception to Justice Ganepola being denied a place in SC
… highlights injustice caused to Justice R. Gurusinghe
The Bar Association of Sri Lanka (BASL) has alleged that due to the failure on the part of President Anura Kumara Dissanayake to fill the existing vacancies in the Supreme Court, a Senior Justice of the Court of Appeal, Justice Dhammika Ganepola, retired at the age of 63 without being considered for, or granted, a promotion to the Supreme Court, to which he was well entitled. The BASL pointed out at the time of Ganepola’s retirement there were four vacancies in the Supreme Court.
In a letter dated 17 August, 2026, addressed to President Dissanayake, the BASL declared that the failure to promote and recognise Ganepola’s distinguished judicial service, resulting in his retirement at the age of 63, is indeed a loss to the Judiciary.
A top BASL spokesman told The Island yesterday (30) that the Bar Council, over the weekend, had decided to release the hitherto confidential letter.
The official said that they also wanted to remind the President of his assurance given to BASL, on 12 August, 2026, that vacancies in the Supreme Court and Court of Appeal would be filled as soon as possible, within a month.
The following is the text of the BASL letter, signed by Rajeev Amarasuriya, President, BASL, and its Secretary Nalin De Silva: “We write further to our letters dated 29th December 2025 and 30th June 2026 in relation to the above, to which we have not received any response.
We also refer to our meeting with Your Excellency on 12th August. As discussed during the meeting, there have been vacancies in the Supreme Court since May 2025, and the number of vacancies has now increased to four (04). There are also four (04) vacancies in the Court of Appeal. These are all matters we have already written to Your Excellency about.
Your Excellency informed the BASL Delegation when we met that you would be taking steps to make recommendations to fill these vacancies as soon as possible, within a month.
We write to reiterate the importance of giving due consideration to the criteria set out in our aforesaid letter dated 29th December 2025. We also wish to emphasise that, in making judicial appointments and promotions, seniority should be given due priority, in keeping with longstanding practice, until such time there are objective and defensible guidelines governing the assessment of merit.
The only justifiable departure to this criterion would be where there exists a specific and recognized demerit in respect of the particular Judge concerned or such other known compelling circumstances that are objectively identifiable such as where a Judge has previously been overlooked for promotion unfairly or conversely, where a Judge has been unfairly previously granted promotions above others.
This approach will safeguard both the integrity of the Judiciary and the trust reposed in it by the public.
Further, while there has been considerable discussion and representation by the Government regarding the importance of retaining experienced judges, as reminded to Your Excellency at our said meeting that, only a few months ago on 8th May 2026, a Senior Justice of the Court of Appeal, Justice Dhammika Ganepola, retired at the age of 63 without being considered for, or granted, a promotion to the Supreme Court, to which he was well entitled, and in which there were four vacancies at the time.
The failure to promote and recognise his distinguished judicial service, resulting in his retirement at the age of 63, is indeed a loss to the Judiciary.
We also drew Your Excellency’s attention at the said meeting to the fact that the Senior-most Justice of the Court of Appeal, Justice R. Gurusinghe, who joined the Judicial Service in 1996, who also Acted in the Office of President of the Court of Appeal (appointed by Your Excellency) on 11th May 2026, is due to retire at the end of this month. In fact, we learnt through the Media that Her Ladyship then Chief Justice Justice Murdu Fernando, PC, had previously in July 2025 recommended to Your Excellency the promotion of Justice R. Gurusinghe to the Supreme Court, but the same is pending from that time.
He too is well deserving of promotion to the Supreme Court and has already been recommended by the former Chief Justice, and his case must also receive due and urgent consideration before his impending retirement.
We hope that Your Excellency will take due note of and give due regard to the concerns of the Bar, as well as to the established principles, practices and conventions governing judicial appointments, when taking steps to fill these vacancies.
On this, Your Excellency is already open to the accusation that these vacancies have been kept open, to fill with favourites of the Government which is yet another serious indictment on the independence of the judiciary which accusation would be confirmed if recommendations are made outside established practice.
Moreover, the BASL expresses grave concern that withholding promotions of Judicial Officers for extended periods of time places undue pressure on Judicial Officers in the discharge of their duties and constitutes both directly and indirectly, interference with the independence of the Judiciary, in addition to the strain obviously caused to the dispensation of justice in other Courts and the stifling and delay of career progression of Judges legitimately entitled to promotions.
We do hope that Your Excellency would take due note and cognizance of the foregoing when effecting these judicial promotions which have been long overdue and which have already adversely impacted the efficiency and effectiveness of the administration of justice.”
The BASL has copied the letter to Prime Minister Dr. Harini Amarasuriya, Speaker Dr. Jagath Wickremaratne, Opposition Leader Sajith Premadasa and all members of the Constitutional Council.
News
Sajith challenges govt. to hold PC polls
Opposition Leader Sajith Premadasa on Saturday (29) challenged the government to hold the long-delayed Provincial Council elections, saying the polls would provide an opportunity to gauge the level of public support enjoyed by the administration.
Addressing a farmers’ meeting in Tissamaharama, Hambantota, Premadasa also criticised the latest Rs. 17 per kilogram increase in wheat flour prices, warning that it would push up the prices of bread, bakery products and other flour-based food items and place further pressure on households already struggling with the rising cost of living.
He said Sri Lanka ranked 120th among 130 countries in an international comparison of minimum wages, arguing that wages remained inadequate to meet the escalating cost of living.
Premadasa also questioned official assessments of living standards, asking whether a person could survive for an entire month on Rs. 17,315, a figure he attributed to the Department of Census and Statistics.
He claimed that between 30 and 40 percent of the population was living in poverty and called for a clear programme to help affected families improve their economic conditions.
Turning to the proposed 22nd Amendment to the Constitution, which seeks to increase the retirement age of superior court judges, the Opposition Leader accused the government of attempting to undermine judicial independence and interfere with democratic institutions.
He also criticised the government’s handling of poverty, employment, agriculture, healthcare and investment, saying more effective measures were needed to provide relief to people facing economic hardships.Premadasa called for stronger policies to attract foreign direct investment and urged the government to formulate a national strategy for developing the tourism industry.
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