10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. Kabir Hashim

Samagi Jana Balawegaya· Kegalle· 4 March 2026 ·Debate: Debate: Microfinance and Credit Regulatory Authority Bill - Second Reading (Continued)

Public Finance
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Kabir Hashim questioned provisions in the Bill that would subject community-based organizations, including funeral aid societies and voluntary groups, to uniform regulation as lending entities and expose them to CRIB reporting. He argued that such treatment could undermine not-for-profit, women-centered community loan programmes and called for amendments, asking whether the issue was accepted.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Under this Bill, community‑based organizations—such as funeral aid and other voluntary societies—are effectively treated as lending entities, placed under uniform regulation and exposed to CRIB. Not‑for‑profit, women‑centered community loan programmes that empower society will be undermined. This needs amendment. Do you accept that?

Provenance

Source
Hansard, Wednesday, 4 March 2026 ·No. 23360 ·English daily/uncorrected Hansard
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Permalink
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Cite as: The Hon. Kabir Hashim. 10th Parliament, Parliament of Sri Lanka. Hansard, 4 March 2026. No. 23360. Politick, https://staging.politick.io/lk/speeches/13469