Public Finance Committee reviews 2027 Budget estimates of National Audit Office

The Committee on Public Finance turned its attention to the 2027 budget estimates of the National Audit Office, holding detailed discussions on modernising audit processes, retaining skilled staff, and strengthening oversight of state institutions.

With Chairman MP Harsha de Silva absent, the meeting was chaired by MP Ravi Karunanayake, appointed temporary chairman under standing orders. Deputy Ministers Chathuranga Abeysinghe, Nishantha Jayawira, and Kaushalya Ariyaratne, together with MP Lakmali Hemachandra, attended the session, while MP Wijesiri Basnayake joined online.

The committee stressed the need to expand the use of modern technology and data analysis tools to improve efficiency and quality in audit work. Members noted that technical transformation would enhance state financial management oversight.

Concerns were raised over retaining skilled audit officers, who are often transferred to other sectors after training. The committee discussed introducing a suitable allowance system to ensure experienced officers remain in service.

Discussions also focused on weaknesses in internal control systems of state institutions, with emphasis on the responsibility of officials to implement recommendations presented by the Auditor General. Practical challenges in auditing the Samurdhi Bank were highlighted, with calls for strategic and legal reforms to strengthen efficiency.

Committee members underlined the importance of preparing a clear outcome‑based plan for audit modernisation, alongside effective management of staff and resources.

Meanwhile, attention was drawn to a proposal before Parliament to determine monthly salaries and allowances for the chairman and members of the National Women’s Commission, established under the Women’s Empowerment Act.

During the discussion, attended by all Commission members, the committee reviewed its current operations, future plans, and responsibilities in promoting and protecting women’s rights, investigating complaints, and recommending legal reforms. Infrastructure, staffing, and administrative needs to bring the Commission to full operational level were also discussed.

The committee noted that at least three members must serve full‑time, but current allowances are insufficient. It informed the Ministry of Finance that additional allowances for full‑time members should be reconsidered. (Newswire)

Springfield College Kandy’s Under-12 Table Tennis team followed up on last month’s Under-10 ‘A’ Division title with an impressive performance [...]

For many Sri Lankan students, receiving an offer from an Australian university is the exciting part. But once the celebrations [...]

For many Sri Lankan families, sending a child to Australia for higher education is one of the biggest financial commitments [...]

For Sri Lankan students planning to pursue higher education in Australia, preparing an application involves much more than submitting academic [...]

There’s something particularly appealing about an Italian restaurant at the beach. Perhaps it’s the shared Mediterranean instinct for long lunches, generous plates and lingering conversations. At L’Incontro, the new Italian [...]

Colombo, your dinner plans just got a whole lot more interesting. On 28 August, Yazu at the Beach is packing up its signature Pan-Asian energy in Galle and heading north [...]