Cabinet Decistions

ADB Annual General Meeting

The Cabinet of Ministers took into consideration the main point emphasized in the speech delivered as the Chair at the business session of the summit as the representative to Sri Lanka in the Governing Board of the Asian Development Bank when the President participated in the 55th Annual General Meeting of the Asian Development Bank held in Manila, Philippines on 29.09.2022 as the Minister of Finance, Economic Stabilization and National Policies as well as the bi–lateral discussions took place with the Chairman of the Asian Development Bank, the Finance Minister of Japan and the president of the Republic of the Philippines.

Draft Bill of Rathanathissa Peace Foundation submitted to House

The Draft Bill of Rathanathissa Saama Padanama (Rathanathissa Peace Foundation) (Incorporated) in which Rev. Eriyawe Rathanathissa Thera, Chief Incumbent of Sri Waapikarama, Paalukadawala, Galgamuwa holds the post of Executive Director, has been submitted to Parliament as a private proposal of a Member of Parliament by U. K. Sumith Udukumbura, Parliamentarian of Kurunegala District.

In terms of the provisions of the Standing Order 52 (06) of Parliament, the said Draft Bill has been referred to the Minister of Education by the subject Minister for obtaining a report on that.

Concurrence of the Attorney General has been granted to the bill drafted by the Legal Draftsman. Accordingly, the approval of the Cabinet of Ministers was granted to for the proposal furnished by the Minister of Education to submit a report to Parliament recommending the said Draft Bill.

Recommendations submitted to President by Finance Commission

The recommendations for the financial year 2023 have been submitted to the President by the Finance Commission in terms of the provisions of the Constitution of Sri Lanka.

Accordingly, considering the proposals furnished by the President, the Cabinet of Ministers granted approval to take appropriate measures to implement the prescribed recommendations forwarded by the Finance Commission and to submit the said recommendations to the Parliament in terms of Article 154 R (7) of the Constitution.