The Hon. Ravi Karunanayake

New Democratic Front· National List· 19 February 2025 ·Oral question: Oral Question No. 179/2024: CEB Payment of Loans and Staff Emoluments

Public Finance

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Ravi Karunanayake referred to an accumulated loss of Rs. 288 billion and annual staff-related cash outflows of about Rs. 6 billion, asking whether pricing is being set on a cost-reflective basis. He questioned the current selling price methodology and whether it complies with IMF requirements for cost-reflective pricing.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Thank you for the detailed reply. The accumulated loss now stands at Rs. 288 billion. Annual staff-related cash outflow is about Rs. 6,000 million — roughly 45 percent when compared with production costs. Are you following a cost-reflective pricing procedure? What is your current selling price basis? The IMF requires a cost-reflective approach — are you adhering to it?

Provenance

Source: Hansard, Wednesday, 19 February 2025 ·No. 1740397565032971 ·English daily/uncorrected Hansard
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Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 19 February 2025. No. 1740397565032971. Politick, https://staging.politick.io/lk/speeches/11399