News
Ex- HRC Chairman warns against allowing one man show in governance if country to remain a democracy
No country could be described as democratic if there is no separation of powers that ensures one branch of government does not exceed its powers, former head of the Human Rights Commission of Sri Lanka (HRCSL) Prof. Deepika Udagama said in a televised interview on Tuesday (28.)
“The three branches of government, i.e., the executive, the legislature, and the judiciary, must keep an eye on each other so that there is a balance. The 1978 Constitution centered power on the executive president. The question ever since has been how to put limits on the power of the executive president and to achieve balance between the three branches of government,” she said.
The establishment of the constitutional council in 2001 was an attempt to limit the power of the president, Prof. Udagama said. The Council is to ensure that the president does not make appointments to key positions on his own.
“The idea is that these key positions must be appointed through consensus,” she said.
President Ranil Wickremesinghe recently told parliament that the Council failed to approve his nominee to the Supreme Court and his continuing requests to reappoint the current IGP long after his age of retirement.
The president added that the lack of approval has resulted in the police not functioning and the courts coming to a standstill.
The President also announced his decision to appoint a Parliamentary Select Committee to probe delays by the Council.
“The 20th Amendment made the executive president extremely powerful. 21st was brought to amend this, and President Ranil Wickremesinghe played a role in passing the amendment. Almost everyone who becomes president, depending on his or her view of the executive president, brings an amendment to the constitution. They make the constitution in their image using the two-thirds majority,” she said.
The Constitutional Council was established first under the 17th Amendment under specific political circumstances, Prof. Udagama said. The executive presidency was held by Chandrika Bandaranaike Kumaratunga, who represented the Sri Lanka Freedom Party, while the parliamentary majority was held by the United National Party. Most parties agreed that the powers of the executive needed to be limited. The Mahinda Rajapaksa administration that followed undermined the 17th Amendment and, in 2010, abolished the 17th Amendment by passing the 18th Amendment.
“The 18th Amendment established the parliamentary council, which had no power. The Constitutional Council was brought back under the 19th Amendment during the yahapalana government. President Gotabaya Rajapaksa abolished it again with the 20th Amendment to the Constitution. The 21st Amendment was an acknowledgement that the president must not be given such unlimited powers,” she said.
The Constitution is the supreme law of the land, but successive presidents have remade the Constitution the way they want, she said. This is against the idea of democracy and what a constitution is, Prof. Udagama said.
“Maybe the next president will bring in the 22nd Amendment. This is not good. This is making light of the Constitution,” she said.
(RK)
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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