The Hon. (Dr.) Upali Pannilage
Hon. (Dr.) Upali Pannilage stated that the Samurdhi programme, established in 1995 and later reorganized under the 2013 Act, was addressed in accordance with the current legal framework. He said the Government recently amended the law to bring all Samurdhi Bank activities under the audit and supervision of the Auditor General, and added that any move to place them under Central Bank supervision would be considered through further legislative amendments if required.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 The Samurdhi programme began in 1995 to promote savings and mutual exchange among the public and inculcate financial discipline. It later became the Livelihood Development Department under the 2013 Act, and then again the Samurdhi Development Department. I answered according to the current law.
¶ 02 Further, the accounts and transactions of these Bank Societies were not under the Auditor General. Our Government, about a month ago, amended the law to bring all Samurdhi Bank activities under the audit and supervision of the Auditor General. As to bringing them under Central Bank supervision, if legislative amendments are required, we will discuss and proceed accordingly.
Provenance
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- Hansard, Thursday, 25 September 2025 ·No. 1759483897051145 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Upali Pannilage. 10th Parliament, Parliament of Sri Lanka. Hansard, 25 September 2025. No. 1759483897051145. Politick, https://staging.politick.io/lk/speeches/20057