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

The Hon. Naina Thambi Marrikkar Mohamed Thahir

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

Public FinanceForeign AffairsReligion & Culture
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Supported the Microfinance and Credit Regulatory Authority Bill in principle but warned that strict bank-like regulation and CRIB reporting could harm small societies, low-income borrowers, small entrepreneurs, and fishing communities, calling for relief or exemptions. Raised concerns that cyclone-affected farmers in Kalpitiya areas such as Navakkadu, Narakkali, Maampuri, and Norochcholai had not received adequate assistance, including for damaged coconut trees. Condemned the reported assassination of Ayatollah Ali Khamenei, criticized the Government for not expressing condolences, and cited Iran’s past assistance to Sri Lanka, including oil credit and funded projects.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Presiding Member, today the Second Reading debate on the Microfinance and Credit Regulatory Authority Bill has been presented. We support regulating through this Bill. As a group, when people engaged in small jobs or members of various societies obtain loans, that should be regulated. However, under this Bill, those engaged in small-scale activities related to the fisheries industry will in fact face difficulties.

¶ 02 This Government came to power promising special consideration and programmes for low-income earners. There are death benefit societies, farmers’ societies, and women’s societies. If these are to be regulated strictly like banks under this, and if their members are reported to the CRIB, it will create serious hardship. Therefore, we request relief for small-scale entrepreneurs and small-scale fishing communities.

¶ 03 Another issue has arisen. Those affected by the cyclone have still not been provided financial assistance. Especially in areas like Navakkadu, Narakkali, Maampuri, and Norochcholai in Kalpitiya, farmers have not yet received assistance. They are paying only Rs. 10,000 per coconut tree. Even where trees have fallen, CDA officials have not adequately inspected. I draw attention to this as well.

¶ 04 In the democratic nation of Iran, Ayatollah Ali Khamenei has been assassinated at his home with his family. On behalf of the All Ceylon Makkal Congress and all of us, including our party leader, we strongly condemn this. He was killed during this month of Ramadan. May Almighty Allah grant him the rank of a martyr and Paradise. The same Israel and the United States that together killed nearly 50,000 people in Palestine have together assassinated him.

¶ 05 When Hon. Rohitha Abeygunawardena spoke on this, Hon. Aslam from the Government benches stood up and said, “Do not speak about the month of Ramadan.” I am ashamed that someone would say one cannot speak about Ramadan. I strongly condemn that statement.

¶ 06 For years, Iran has helped Sri Lanka. In particular, when Hon. Rishad Bathiudeen was a Minister, Iran gave us crude oil on credit. The Government of Iran funded projects. Iran has given us immense assistance; we should not forget this. Yet Sri Lanka has still not expressed condolences over the assassination of Ayatollah Khamenei. There are many Muslim Deputy Ministers and Members on the Government side. However, they have neither expressed condolences nor opposition. We are saddened by this. While the Opposition has strongly condemned this barbaric act, the Government remains silent. We are firmly for peace, but we strongly condemn this heinous act on behalf of the All Ceylon Makkal Congress. Thank you. Assalamu Alaikum! Vanakkam! Ayubowan!

Provenance

Source
Hansard, Wednesday, 4 March 2026 ·No. 23360 ·English daily/uncorrected Hansard
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Cite as: The Hon. Naina Thambi Marrikkar Mohamed Thahir. 10th Parliament, Parliament of Sri Lanka. Hansard, 4 March 2026. No. 23360. Politick, https://staging.politick.io/lk/speeches/13484