Hon. Ravi Karunanayake, M.P.
Profession: Chartered Accountant
Speeches 694 #4 of 225·#1 in party
Attendance 8/8 days present (of recorded)
Top topic Parliamentary Procedure 359 speeches
Last spoke 10 June 2026 in Debate
Activity by sitting
114 sittings · counts only, no scoring.
Topic focus
AI summary AI-assigned tags, 1–3 per speech. Counts only — not a score.
Speech history
694 speeches- 9 January 2026 AI summary Ravi Karunanayake formally asked the question listed under his name during the parliamentary proceedings. Oral Question: Mahapola Scholarship Trust Fund (Q.6/472/2025) Parliamentary Procedure Read →
- 8 January 2026 AI summary Ravi Karunanayake raised a matter under Standing Order 38 concerning the 17th anniversary of Lasantha Wickrematunge’s assassination. He questioned why his request for an answer from the Prime Minister was refused on the basis that the matter is sub judice, while answers are provided in Parliament on other matters before courts, such as the Easter attacks, the “X-Press Pearl” incident and substandard medicines. He expressed concern over what he described as inconsistent treatment of parliamentary questions. Standing Order 27(2) Questions and Ministerial Statements Parliamentary ProcedureJustice & Human Rights Read →
- 8 January 2026 AI summary Ravi Karunanayake rose on a Point of Order. No substantive issue, proposal, or question is included in the provided text. Standing Order 27(2) Questions and Ministerial Statements Parliamentary Procedure Read →
- 8 January 2026 AI summary Hon. Ravi Karunanayake questioned the government on how it intends to strengthen the rupee, attract dollar inflows, and meet its stated targets. He also noted an inconsistency between the response given to him and the response provided to the Leader of the Opposition on the same matter. Standing Order 27(2) Questions and Ministerial Statements Public Finance Read →
- 8 January 2026 AI summary Ravi Karunanayake questioned alleged inconsistencies in the Government’s economic responses, particularly on GDP per capita, exchange-rate movements, and the rise in public debt from Rs. 27.9 trillion to Rs. 31 trillion. He asked whether the Minister accepted the Central Bank’s position given the rupee’s depreciation, and challenged the policy of targeting 5 per cent inflation by asking whether salaries would be increased accordingly. He also referred to apparent contradictions between answers given in Parliament and the President’s remarks at the Finance Ministry Advisory Council on converting the EPF into a pension, urging clearer and consistent explanations on economic policy. Standing Order 27(2) Questions and Ministerial Statements Public Finance Read →
- 7 January 2026 AI summary Hon. Ravi Karunanayake argued that the Colombo Port City Economic Commission should be used more proactively to attract investment, with targeted tax and non-tax incentives rather than waiting on IMF programme constraints. He said Port City must develop a clear value proposition as an offshore financial, services, and manufacturing hub, leveraging access to India through the Indo–Sri Lanka FTA and offering regulatory certainty, market access, and efficiency. He criticized over-regulation, approval delays, and recent Colombo Stock Exchange technical issues as damaging investor confidence, and urged reforms to attract US$3–4 billion in investment while addressing outward labour migration. Debate: Colombo Port City Economic Commission (Amendment) Bill Foreign AffairsInfrastructurePublic Finance Read →
- 6 January 2026 AI summary Ravi Karunanayake raised a procedural concern that senior ministers were absent to answer parliamentary questions despite Members shortening their questions to facilitate timely replies, and asked the Speaker to address this. He also noted that a question he submitted to the Prime Minister on the 17th anniversary of Lasantha Wickrematunge’s assassination had been declined on the basis that the matter was sub judice. Oral Question under Standing Order 27(2): Trade Negotiations between Sri Lanka and USA (Hon. Ravi Karunanayake) Parliamentary ProcedureJustice & Human Rights Read →
- 6 January 2026 AI summary Ravi Karunanayake raised a Standing Order 27(2) question seeking clarity on the status of Sri Lanka’s trade negotiations with the United States amid indications of a possible March 2026 deadline and the economic impact of Cyclone “Ditwah.” He asked whether talks cover only tariffs or wider areas such as services, investment, digital trade and labour, who is negotiating on Sri Lanka’s behalf, and whether Parliament will be consulted or asked to approve any final agreement. He also sought details on any requests for post-cyclone concessions, preferential tariff treatment comparable to other Asian countries, measures related to the trade imbalance, trade data for 2023-2025, and safeguards for vulnerable sectors such as agriculture, SMEs, apparel and fisheries. Oral Question under Standing Order 27(2): Trade Negotiations between Sri Lanka and USA (Hon. Ravi Karunanayake) AgricultureForeign AffairsPublic Finance Read →
- 19 December 2025 AI summary Hon. Ravi Karunanayake urged the Government to review and restore the disaster insurance mechanism introduced through the National Insurance Trust Fund when he was Finance Minister, saying it had previously produced significant payouts after the 2016 floods and could have provided resilience following Cyclone Ditwah. He requested permission to table related letters from the NITF and Allianz SE Reinsurance Branch, and argued that Sri Lanka should first conduct its own national damage estimates before seeking validation from bodies such as the UN or World Bank. He also called for disaster loss assessments to be made in US dollars, citing exchange-rate depreciation, and emphasized fiscal reconstruction, restoration of lost capital, macroeconomic stability, and liquidity recovery. Debate: Supplementary Estimate – Head 240 – Programme 02 – Cyclone Disaster Relief (Rs. 500 Billion) EnvironmentPublic FinanceInfrastructure Read →
- 19 December 2025 AI summary Hon. Ravi Karunanayake supported the Rs. 500 billion supplementary estimate as a temporary measure for disaster recovery and called for coordinated efforts to rebuild the economy and affected areas. He thanked the armed forces, police, disaster management services, and citizens for their relief work, while comparing the scale of the current disaster to the 2004 tsunami. He also noted that securing the sixth IMF tranche of about US$357 million following the September review would have been particularly useful in the present circumstances. Debate: Supplementary Estimate – Head 240 – Programme 02 – Cyclone Disaster Relief (Rs. 500 Billion) InfrastructurePublic Finance Read →
- 19 December 2025 AI summary Hon. Ravi Karunanayake questioned the rationale for raising electricity tariffs again after earlier reductions, arguing that the focus appeared to be on increasing revenue rather than reducing costs. He asked why battery energy storage system projects were limited to 10 or 15 years when a 20-year lifecycle funded by the private sector was feasible, and urged the use of clawback mechanisms to return more benefits to consumers from debt settlements. He also sought details on the impact of Cyclone “Ditwah” on CEB transmission and generation, and asked whether the Government accepted the need for firm generation through battery storage to reduce exposure to fossil fuel costs. Ministerial Statements and Points of Order Public FinanceEnvironmentInfrastructure Read →
- 18 December 2025 AI summary Hon. Ravi Karunanayake sought permission from the Chair to raise a question. No substantive issue or policy matter was stated in the provided excerpt. Question by Private Notice: Credit Expansion and Ministerial Statement on Tourism Parliamentary Procedure Read →
- 18 December 2025 AI summary Hon. Ravi Karunanayake raised a Question by Private Notice under Standing Order 27(2) on the expansion of private sector credit by licensed commercial banks and non-bank financial institutions from 2023 to 2025. Citing Central Bank figures for 2024, he sought disaggregated data on gold-backed pawning loans, vehicle leasing and hire purchase, and credit card credit, arguing that these categories affect household indebtedness, consumer spending and financial stability. He requested annual rupee and percentage growth figures, non-performing loan and provisioning data, the contribution of these categories to 2025 credit growth, details of any emerging risks identified by the Central Bank, and publication of a standardized dataset for parliamentary oversight. Question by Private Notice: Credit Expansion and Ministerial Statement on Tourism Law & OrderPublic Finance Read →
- 3 December 2025 AI summary Hon. Ravi Karunanayake thanked the tri-forces, police and emergency workers, urged the Government not to remove concessions for military families, and linked the ongoing disaster response to the need for Budget scrutiny. He raised concerns about the 2026 financing requirement, debt management, Central Bank coordination, credit expansion, pension sustainability, the post-IMF economic path, and the need for export-led growth and broader revenue bases. He called for reviving the National Natural Disaster Insurance Scheme, suspending parate action, granting interest and tax-payment grace periods to affected businesses, and extending tax deadlines to end-December. He also questioned the authority for the debt standstill decision, criticized proposed SriLankan Airlines bonuses despite losses, and urged halting non-essential vehicle imports to redirect funds to disaster relief. Debate: Continued Committee Stage of Appropriation Bill 2026 (Ministry Expenditure Heads - Multiple Speakers) Corruption & Governance ReformSecurity & DefencePublic Finance Read →
- 3 December 2025 AI summary Ravi Karunanayake briefly indicated that he wished to raise a matter under the Standing Orders. No substantive issue or proposal was specified in the provided excerpt. Debate: Committee Stage of Appropriation Bill 2026 (Ministry Heads) Parliamentary Procedure Read →
- 3 December 2025 AI summary Ravi Karunanayake sought the Chairman’s permission to raise a matter concerning the Department of Inland Revenue in November 2025. The available excerpt ends before the substantive issue or request is stated. Debate: Committee Stage of Appropriation Bill 2026 (Ministry Heads) Public Finance Read →
- 3 December 2025 AI summary Hon. Ravi Karunanayake rose on a point of order. No substantive argument, proposal, or question was recorded in the excerpt provided. Debate: Committee Stage of Appropriation Bill 2026 (Ministry Heads) Parliamentary Procedure Read →
- 3 December 2025 AI summary Hon. Ravi Karunanayake sought leave to make a Personal Explanation under Standing Order No. 27(8), contesting statements made in the House on 26 November 2025 regarding the 2015 Treasury Bond issue. He argued that references to the Presidential Commission of Inquiry wrongly implied he had ministerial responsibility for the Central Bank, stating that gazette notifications under Article 44(1), Cabinet records and administrative circulars assigned that responsibility to then Prime Minister Ranil Wickremesinghe, while commercial banks were under Hon. Kabir Hashim. He requested rectification of what he described as a factual error that damaged his reputation and could prejudice ongoing court proceedings. Personal Explanation: Hon. Ravi Karunanayake Parliamentary ProcedureJustice & Human RightsPublic Finance Read →
- 1 December 2025 AI summary Hon. Ravi Karunanayake disputed the claim that the Opposition agreed to limit the sitting to 12.30 p.m., stating that Opposition parties sought a full-day debate while offering to pass the necessary Heads in Committee Stage by 5 December. He criticized delays and procurement procedures in disaster relief delivery, citing affected areas in the Colombo District where people had not received food assistance due to officials’ concerns over Procurement Committee rules. He said the UNP was coordinating assistance, called for immediate practical action rather than circulars, and urged the Government to provide time in Parliament for MPs to raise public concerns during the Appropriation Bill Committee Stage. Procedural: Opposition Statement and Parliamentary Scheduling Dispute Parliamentary ProcedurePublic FinanceCorruption & Governance Reform Read →
- 28 November 2025 AI summary Ravi Karunanayake urged that, given the seriousness of the situation, an emergency be declared so funds can be allocated and essential items distributed without hesitation by State officials. He also warned that the Diyawanna Oya water level was high, recalling the flooding of Parliament in November 2010, and requested immediate steps to reduce the water level. Motions at Commencement of Public Business - Emergency Response Coordination InfrastructurePublic Finance Read →