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

The Hon. S.M. Marikkar

Samagi Jana Balawegaya· Colombo· 17 December 2024 ·Debate: Debate: Supplementary Sum for School Stationery Allowance (Head 102, Programme 01)

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Hon. S.M. Marikkar questioned the Government’s position on India-related agreements and projects, including ETCA, the IL/UCC agreement, the proposed oil pipeline, the Adani project, Trincomalee oil tanks, and the Sampur 500 MW plant, and called for a detailed report to Parliament on investments, security implications, and trade effects following the President’s visit to India. He also asked whether the Government had negotiated with the IMF for reductions in VAT, PAYE tax, electricity tariffs, and water tariffs, noting concerns over the reported ISB haircut and revenue collections. He urged the Government to state whether promised tax and tariff relief, especially for young professionals, would be implemented or used instead to support debt-restructuring targets.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Thank you. Those who opposed ETCA said it would make Sri Lanka a vassal of India; I saw the current President at those seminars. He questioned the pipeline’s impact on sovereignty. Now he speaks otherwise. I am not saying do not proceed—just state clearly if you will proceed. Are you signing the IL (UCC) agreement? Is the oil pipeline proceeding?

¶ 02 Also you said you would cancel Adani’s project. After talks with Indian investors yesterday, is Adani included or cancelled? Adani is a main investor. If you remove Adani and bring others, can you proceed? After the visit, provide answers, including which projects, how much investment, impact on security, and trade dominance. Present a detailed report to Parliament.

¶ 03 You said Trincomalee oil tanks were full enough to swim in, and would be developed under PPP. What is being done, in agreement with India? Also, Sampur 500 MW plant—was it discussed? Previously, Ranil’s Government made promises without informing Parliament; you demanded disclosure—please now disclose. I am optimistic: if you proceed, say where, when, how much, and benefits.

¶ 04 Recently, the JVP protested to reduce electricity, water, PAYE, VAT. We now hear the ISB haircut is US$3.2 billion out of US$12.5 billion, possibly falling to US$2 billion by 2027, a haircut under 17%. Did you negotiate VAT and PAYE reductions, and electricity and water tariff cuts with the IMF?

¶ 05 PUCSL says tariffs can be reduced by 11–23%. If CEB won’t accept PUCSL, why have it? If Government allows CEB to act arbitrarily, why have a Government? State your position.

¶ 06 You said you would remove taxes on food, education, health. Did you agree to reduce VAT on food to secure a larger haircut? During Aragalaya, young private professionals supported you, expecting PAYE cuts.

¶ 07 Time is up.

¶ 08 I will finish. Last year Rs. 100 billion was expected; Rs. 140 billion was collected. This year Rs. 200 billion is projected. Will the Rs. 100 billion relief be given to young professionals, or counted as revenue to reduce the haircut? We only ask you to fulfil promises. Thank you.

Provenance

Source
Hansard, Tuesday, 17 December 2024 ·No. 1734685396083959 ·English daily/uncorrected Hansard
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Cite as: The Hon. S.M. Marikkar. 10th Parliament, Parliament of Sri Lanka. Hansard, 17 December 2024. No. 1734685396083959. Politick, https://staging.politick.io/lk/speeches/18261