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- 22 May 2026 AI summary Ravi Karunanayake briefly requested that attention be given to a third matter concerning the Central Bank. He asked that the issue be looked into, without providing further details in the excerpt. Ministerial Statement: Cybersecurity Incidents and Response Public Finance Read →
- 22 May 2026 AI summary Ravi Karunanayake warned that cybercrime poses a serious national risk and referred to reported cyberattacks on two commercial banks. He identified NDB as one affected bank and said he would not name the other because it had not yet publicly disclosed the incident. Ministerial Statement: Cybersecurity Incidents and Response Security & Defence Read →
- 22 May 2026 AI summary Ravi Karunanayake requested the Chair’s indulgence to raise a single question, emphasizing that the matter was important. No substantive issue or policy detail was stated in the excerpt. Ministerial Statement: Cybersecurity Incidents and Response Parliamentary Procedure Read →
- 22 May 2026 AI summary Ravi Karunanayake stated that the matter under discussion was important, without providing further details, proposals, or questions. Ministerial Statement: Cybersecurity Incidents and Response Parliamentary Procedure Read →
- 22 May 2026 AI summary Hon. Ravi Karunanayake thanked the Deputy Minister for the response but questioned the adequacy of Sri Lanka’s legal framework for addressing cybercrime and cyberattacks, asking what general laws could apply in the absence of specific legislation. He raised concerns about the Auditor-General’s capacity to audit digital fraud and cyber incidents, citing a gap between manual auditing practices and modern digital risks. He urged the Ministry to engage with the UN Global Dialogue on Artificial Intelligence Governance in July 2026 and requested a briefing on reported cyberattacks, including alleged losses linked to the Ministry of Finance, banks, and international payment/document-related incidents. Ministerial Statement: Cybersecurity Incidents and Response Law & OrderSecurity & DefencePublic Finance Read →
- 21 May 2026 AI summary Hon. Ravi Karunanayake asked the Minister of Agriculture, Livestock, Land and Irrigation for detailed financial and operational information on the Mahaweli Authority up to 31 December 2025. He sought scheme-wise capital expenditure, historical details on the initiation and acceleration of the Mahaweli Project, revenue streams from 2020 to 2025, outstanding debt terms, irrigation maintenance costs and cost recovery, and whether any recent performance or forensic audit report would be tabled in Parliament. Final Parliamentary Items and Adjournment Public FinanceInfrastructureAgriculture Read →
- 21 May 2026 AI summary Ravi Karunanayake sought clarification on whether, from June, BESS pricing would be determined by the Public Utilities Commission rather than the CEB. He raised concerns that renewable energy curtailments, particularly regular weekend curtailments since February 2025, were undermining bankability. He also questioned whether IMF cost-reflective pricing conditions tied to an expected US$350 million tranche would lead to further electricity tariff increases, citing rupee depreciation and urging protection of consumers. Standing Order 27(2) Question: Renewable Energy Outstanding Payments Cost of LivingInfrastructurePublic Finance Read →
- 21 May 2026 AI summary Hon. Ravi Karunanayake raised a Standing Order 27(2) question on setbacks in the renewable energy sector, citing curtailment, policy uncertainty, weak storage incentives, non-competitive tariffs and payment arrears reportedly exceeding Rs. 15 billion since December 2025. He asked the Government to provide details on outstanding payments, cost comparisons between thermal and renewable generation, reasons for prioritising thermal payments, and the basis for curtailing renewables during low-demand periods. He also sought information on affected developers, projects, employment and banking exposure, and requested immediate measures to clear arrears and a comprehensive renewable energy roadmap covering tariffs, payment guarantees, storage, grid integration and long-term energy security. Standing Order 27(2) Question: Renewable Energy Outstanding Payments Public FinanceInfrastructureEnvironment Read →
- 20 May 2026 AI summary Ravi Karunanayake, speaking during the debate on the Central Bank’s 2025 Annual Economic Review, questioned the consistency and credibility of official economic data, including claims on growth, reserves, remittances, revenue, debt and Central Bank profits, and asked how much of the reported Rs. 193 billion profit was remitted to the Government. He cited recent alleged frauds and cyber-related incidents across banks and public institutions, and argued that Sri Lanka must strengthen safeguards while preparing for external shocks. He criticized reliance on IMF-linked measures such as fuel and electricity price increases and rupee depreciation, arguing that devaluation had increased the debt burden and interest costs, and called for more localized growth-oriented solutions, stronger revenue collection, broader tax compliance and greater urgency on exports, trade and investment. Adjournment Debate: Central Bank Annual Economic Review 2025 Foreign AffairsPublic FinanceSecurity & Defence Read →
- 20 May 2026 AI summary Ravi Karunanayake raised a point of order objecting that he had been delayed for seven minutes before being allowed to speak. He stated that Chamara Sampath Dissanayake represents his party, the NDF, and had raised a serious issue requiring attention. Adjournment Debate: Central Bank Annual Economic Review 2025 Parliamentary Procedure Read →
- 20 May 2026 AI summary Asked that the Ministerial Consultative Committee on Transport, Highways and Urban Development take up the matter, noting that the relevant data is available. He sought details on investigations into an alleged Rs. 380 million duplicate payment at the Road Development Authority and an audit query citing Rs. 4,614 million in unpaid expressway exit charges, including the current factual position and verification process for payments made through the Bank of Ceylon. Oral Answers to Questions (Q.1-Q.7) Corruption & Governance ReformPublic Finance Read →
- 20 May 2026 AI summary Hon. Ravi Karunanayake asked the Minister whether estimates could be prepared on the basis under discussion, stating that such an approach would have value. Oral Answers to Questions (Q.1-Q.7) Parliamentary Procedure Read →
- 20 May 2026 AI summary Ravi Karunanayake sought clarification from the Minister on the award and financing method for the Rambukkana–Galagedara road section, in the context of highway projects including the OCH, the MCC 39 km section, and the Potuhera–Galagedara 128 km section. He noted differing cost estimates, including an increase in the MCC estimate from Rs. 345 billion to Rs. 425 billion, and asked whether the section was tendered or undertaken through private sector participation, while observing that domestic arrangements could avoid foreign loan and exchange-rate cost escalation. Oral Answers to Questions (Q.1-Q.7) InfrastructurePublic Finance Read →
- 20 May 2026 AI summary Hon. Ravi Karunanayake asked the Minister of Transport, Highways and Urban Development to provide detailed data on the Road Development Authority’s staffing, national road lengths under central and provincial administration, maintenance expenditure over the past five years, and per-kilometre costs for road construction, including privately tendered work. He also sought information on operational expressways, their lengths, maintenance costs, government revenue, returns on investment, and the expressways currently under construction or planned. Oral Answers to Questions (Q.1-Q.7) Infrastructure Read →
- 19 May 2026 AI summary Ravi Karunanayake outlined medium- and long-term tourism development initiatives, including a 2027-2029 plan comprising 49 projects valued at Rs. 2,752 million and proposals for an e-ticketing platform, Beira Lake development, and a 2026-2030 strategic action plan supported by a World Bank grant. He also placed before the House a detailed question on Mahaweli Authority land administration, seeking information on land alienation, title deeds, commercial transfers, irregular occupation, digitization and GIS mapping, possible legislative reforms, unutilized lands, and annual economic returns of the Mahaweli Project over the past decade. Written Answers to Questions InfrastructurePublic Finance Read →
- 19 May 2026 AI summary Hon. Ravi Karunanayake asked the Minister of Foreign Affairs, Foreign Employment and Tourism for detailed data on Sri Lanka’s tourism performance, including annual arrivals, earnings, country-wise source markets, average expenditure, length of stay, promotional spending, and tax revenue. He requested comparisons between 2015–2022 and the period from 2022 to date, including changes in top markets and emerging markets after 2022. He also sought information on short-, medium-, and long-term tourism development plans, and asked for reasons if the information could not be provided. Written Answers to Questions Foreign Affairs Read →
- 19 May 2026 AI summary Hon. Ravi Karunanayake criticized the delay in presenting the matter to Parliament, arguing that earlier action could have reduced losses. He questioned the economic benefit of receiving the fifth IMF tranche, stating that rupee depreciation increases the local value and carrying cost of Sri Lanka’s external debt by more than the expected IMF disbursement. He also challenged the rationale for raising electricity and fuel prices while allowing the rupee to depreciate, and asked who is accountable for the Central Bank’s handling of exchange rate movements. Questions by Private Notice and Ministerial Statements Corruption & Governance ReformCost of LivingPublic Finance Read →
- 19 May 2026 AI summary Hon. Ravi Karunanayake questioned delays by the Central Bank and Finance Ministry regarding oversight of NDB, noting EPF’s approximately 10 percent stake and other state-linked holdings through EPF/ETF, BOC and Sri Lanka Insurance. He asked why directors had not been appointed to represent these interests, whether Central Bank Supervision had investigated alleged malfeasance and losses, and argued that institutional independence should not permit inaction when a bank is deteriorating. Questions by Private Notice and Ministerial Statements Corruption & Governance ReformPublic Finance Read →
- 19 May 2026 AI summary Hon. Ravi Karunanayake stated that he raised the matter in the national interest and said it was immaterial whether the Digital Economy or Finance portfolio responded, as both fall under President Anura Dissanayake. He also noted that the Speaker’s Secretary had consulted him on the issue. Questions by Private Notice and Ministerial Statements Parliamentary Procedure Read →
- 19 May 2026 AI summary Hon. Ravi Karunanayake raised a Standing Order 27(2) question on cybersecurity risks affecting government institutions, banks and critical public infrastructure, citing recent attempted intrusions and public concern over major state agencies and enterprises. He requested detailed data from 2023 onward on cyberattacks, breaches, ransomware, phishing, fraud complaints, institutional intrusions, existing security systems, legacy-system vulnerabilities, audit and penetration-testing compliance, accountability for breaches, and losses or disruptions since 1 January 2025. He also asked what urgent measures are being taken against cyber warfare and organized cybercrime, and questioned the responsibility of the Central Bank and the Ministry of Finance in light of reported concerns over institutional accountability. Questions by Private Notice and Ministerial Statements Security & DefenceParliamentary ProcedurePublic Finance Read →