News
Dissident SLPP MP asks Prez to give up Finance portfolio
‘Success of Parliamentary Budget Office depends on non-interference’
By Shamindra Ferdinando
Dissident SLPP MP Gevindu Cumaratunga yesterday (21) said that President Ranil Wickremesinghe should give up the Finance portfolio to ensure that the Parliamentary Budget Office (PBO) could achieve the objectives it was established for.
He said that political interference in PBO couldn’t be prevented as long as the appointing authority, in this case the President, also served as the Finance Minister.
Cumaratunga, who is also the leader of civil society group Yuthukama, said that having declared that the executive shouldn’t hold any ministerial portfolio, other than Defence, President Wickremesinghe has held the Finance portfolio since July last year.
When The Island pointed out that the Opposition had been quite clearly divided over the PBO and seems to be unable to reach consensus on such a vital issue, lawmaker Cumaratunga said he raised the issues at hand during the debate on the Second Reading of the PBO Bill on Tuesday (20). The Bill was passed without a vote.
MP Cumaratunga said that none of the concerns raised by him were addressed as the Parliament enacted the Bill to pave the way for PBO mandated to forecast budgets and also estimate the costs of election manifestos upon request.
According to the Bill:
“The Parliamentary Budget Office shall be an independent body and accountable to Parliament.
(4) The independence of the Parliamentary Budget Office shall be respected at all times.
(5) No person shall cause undue influence, or interfere with the operation and administration of the Parliamentary Budget Office.
“The objectives of the Parliamentary Budget Office shall be to assist –
(a) Parliament in the performance of its public finance responsibilities under the Constitution; and
(b) Any recognized political party or any independent group, through the provision of independent, non-partisan analysis related to the budget, the medium-term economic and fiscal outlook, and the cost implications from a financial, revenue and expenditure perspective of policy proposals as provided for in this Act.
Subject to the provisions of this Act, the Parliamentary Budget Office shall provide analytical assistance to –
(a) any Committee or Member of Parliament on matters related to public finance, including budget proposals, economic and fiscal forecasts and projections, and costing of proposed policies and Bills; and
(b) a recognized political party or an independent group to cost any proposal in its manifesto in the period immediately before an election; and
(c) Parliament, generally, by providing analyses and briefings on matters necessary for or conducive to the objectives of the Parliamentary Budget Office.
Addressing the Parliament on Tuesday, the MP questioned why President Wickremesinghe couldn’t choose one of those MPs who voted in the House last July to elect him as the President to complete the remainder of Gotabaya Rajapaksa’s five-year term, as the Finance Minister.
The very purpose of the PBO would be undermined if the President constitutionally empowered to approve the recommendations of the Constitutional Council regarding the two key appointments to the proposed outfit, also served as the Finance Minister, MP Cumaratunga said.
Referring to the significant role the Public Finance Committee played in the overall PBO operation, MP Cumaratunga questioned how President Wickremesinghe intervened to appoint Dr. Harsha de Silva as Chairman of that Committee. The Yuthukama chief alleged that the President shouldn’t have under any circumstances summoned only members of the Public Finance Commission and advised them especially against the backdrop of the relationship between the watchdog committee and PBO.
MP Cumaratunga also expressed serious concern over the PBO receiving direct funding from external and domestic sources at the expense of its independence. Referring to the USAID funding Parliament and the Bar Association, the MP underscored the pivotal importance in the government ensuring sufficient funds for the PBO.
MP Cumaratunga pointed out the contradictory government stand regarding outside funding. The President advised the Archaeology Department against receiving external funds but in the case of PBO it could do so, MP Cumaratunga said.
News
All set for Colombo rally against govt.’s tax policies
The Frontline Socialist Party-backed People’s Struggle Movement is set to stage a protest march in Colombo today (03) against what it describes as the growing tax burden on the public and the rising cost of living.
The organisers are due to commence the “Colombo March Against Unjust Taxes” at noon from Campbell Park, Borella. The FSP has also been mobilising support for the protest in Colombo and its suburbs in the run-up to the event.
People’s Struggle Movement National Executive Council member Wasantha Mudalige, speaking at a media briefing in Nugegoda yesterday (02), called on the public to join the protest, saying the movement intended to bring the tax burden faced by ordinary people to the forefront.
Mudalige alleged that successive tax measures had placed an excessive burden on households, particularly through taxes on food and educational items. He also criticised the Government over what he described as the high cost of basic food items and the difficulties faced by parents in meeting their children’s educational expenses.
He accused the Opposition of failing to adequately address the issue, claiming that opposition parties raised such concerns, mainly during election periods.
Mudalige also criticised the Government for what he described as a departure from promises made before the 2024 presidential election regarding taxes on educational equipment.
He questioned the tax burden on food items, citing figures of Rs. 100 per kilogramme on dried sprats, Rs. 310 per kilogramme on chicken and Rs. 11 per egg.
He further alleged that while ordinary people were bearing a heavy tax burden, wealthy groups were receiving tax concessions. He also criticised the Government’s economic programme and its implementation of measures associated with the International Monetary Fund (IMF).
The movement has framed today’s protest as part of a broader campaign over the cost of living and taxation. The People’s Struggle Alliance has separately announced that the Campbell Park demonstration will be the first in a series of public actions, with further protests planned in November.
Mudalige said the movement would continue to take the issue to the streets and urged the public to participate in today’s demonstration.
People’s Struggle Movement National Executive Council member Jayantha Amarasinghe also addressed the press.
News
Yoshitha R money laundering trial postponed
The Colombo High Court yesterday postponed the trial in the case filed under the Prevention of Money Laundering Act against Yoshitha Rajapaksa, son of former President Mahinda Rajapaksa.
The case was taken up before Colombo High Court Judge Udesh Ranatunga, with Yoshitha Rajapaksa, who is currently out on bail, appearing in court.
The trial was postponed as the President’s Counsel appearing for the defence was indisposed.
The Attorney General has filed the case against Rajapaksa, alleging that he committed an offence under the Prevention of Money Laundering Act by purchasing five plots of land in Dehiwala and Ratmalana, worth more than Rs. 73 million.
News
Lankan troops test mettle in Russian war games
A contingent of the Sri Lanka Army, comprising 20 officers and 55 other ranks, participated in the combined military exercise ‘Wolverine Path II–2026’, conducted with the Armed Forces of the Russian Federation in Vladivostok, Russia, from September 18 to 25.
According to the Ministry of Defence, the exercise primarily focused on counter-terrorism operations and provided participating troops with training in a challenging combined operational environment.
The exercise included a range of tactical activities, including heli-rappelling, close-quarters battle (CQB), ambush operations, sniper firing, drone operations, buggy training and combat medical support.
The Ministry said the training enabled Sri Lankan troops to further develop their combat skills, tactical coordination and operational readiness.
It also provided an opportunity for the two militaries to exchange professional knowledge, operational experience and tactical expertise. Sri Lankan personnel gained exposure to training methodologies, tactical approaches and operational practices adopted by the Russian Armed Forces, the Ministry said.
The participation also enabled the Sri Lankan contingent to identify lessons from the joint training and share its own experiences with the Russian military.
The Sri Lankan contingent returned to the country following the exercise and arrived at Mattala Rajapaksa International Airport on September 28.
The Ministry said participation in the exercise contributed to enhancing the professional knowledge, tactical awareness and operational preparedness of Army personnel while promoting military-to-military cooperation, mutual understanding and professional relations between Sri Lanka and Russia.
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