Hon. Bimal Rathnayake
Hon. Bimal Rathnayake moved a Resolution under Article 150(2) of the Constitution and the Public Finance Management Act, No. 44 of 2024, to authorize a Vote on Account for government services from 1 January 2025 until the 2025 Appropriation Act takes effect or 30 April 2025, whichever occurs first. The resolution seeks approval to withdraw specified sums from the Consolidated Fund for public services, statutory liabilities, and advances, and to raise up to Rs. 4 trillion in loans. It also provides for transfers from allocations under the National Budget Department to other programmes under Treasury or National Budget Department direction, with such transfers to be reported to Parliament within two months.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 “Resolution under Paragraph (2) of Article 150 of the Constitution of the Democratic Socialist Republic of Sri Lanka to present the Vote on Account under subsection (1) of section 23 of the Public Finance Management Act, No. 44 of 2024
¶ 02 For services for the financial year commencing on January 01, 2025, and ending on the date on which the Appropriation Act for 2025 comes into operation or on April 30, 2025, whichever date occurs first, during the said period:
¶ 03 (a) Sums not exceeding Rupees One Trillion Four Hundred Two Billion Eight Hundred Eighty-Six Million Two Hundred Sixty-Three Thousand (Rs. 1,402,886,263,000) being moneys for the services (including services for which provision has been made by the Appropriation Act, No. 34 of 2023 and by supplementary estimates), shall be paid out of the Consolidated Fund of the Democratic Socialist Republic of Sri Lanka for the services specified in the First Schedule to this Resolution, and the sums so specified may be expended during the said period accordingly;
¶ 04 (b) Sums not exceeding Rupees Four Trillion One Hundred Ninety-Seven Billion One Hundred Thirteen Million Seven Hundred Thirty-Seven Thousand (Rs. 4,197,113,737,000), being moneys required for liabilities which, by law, are chargeable on the Consolidated Fund (including expenditure authorized for such purposes), shall be paid out of the Consolidated Fund of the Democratic Socialist Republic of Sri Lanka for the services specified in the Second Schedule to this Resolution, and the sums so specified may be expended during the said period accordingly;
¶ 05 (c) Sums not exceeding in the aggregate Rupees Five Billion (Rs. 5,000,000,000), being moneys to be paid as advances from the Consolidated Fund of the Democratic Socialist Republic of Sri Lanka for the services specified in Column I of the Third Schedule to this Resolution, shall be so paid, provided that during the said period in respect of any such services, the outstanding amounts shall not exceed the maximum limits specified against the corresponding entries in Column II of the Schedule;
¶ 06 (d) Sums not exceeding Rupees Four Trillion (Rs. 4,000,000,000,000), being moneys to be raised, for and on behalf of the Government, whether within Sri Lanka or outside Sri Lanka, as loans in terms of applicable laws, and the arrangements relating to the expenditure for providing the services specified in the Schedules to this Resolution and the particulars of such loans, shall be included in the Final Budgetary Position Report required to be placed before Parliament under paragraph (e) of subsection (2) of section 50 and subsection (2) of section 51 of the Public Finance Management Act, No. 44 of 2024;
¶ 07 And further, that in respect of Head No. 240 – “National Budget Department,” any moneys allocated for Development Programme expenditure or Capital expenditure under this Resolution may be transferred in accordance with the guidelines set out under the heading “Guidance” appearing in the Fourth Schedule to this Resolution to any specific activities of any other programme in the Schedules, subject to the directives issued by the Secretary to the Treasury or by the Director General of the National Budget Department authorized by him. Any such transfer shall be deemed a supplementary allocation for the relevant Ministry, and a report containing the amount so transferred and the reasons for such transfer shall be submitted to Parliament within two months from the date of such transfer.
¶ 08 Parliament so resolves under paragraph (2) of Article 150.”
Provenance
- Source
- Hansard, Thursday, 5 December 2024 ·No. 1734081038099638 ·English daily/uncorrected Hansard
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Cite as: Hon. Bimal Rathnayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 5 December 2024. No. 1734081038099638. Politick, https://staging.politick.io/lk/speeches/12498