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

Hon. Ravi Karunanayake

New Democratic Front· National List· 21 January 2025 ·Oral question: Oral Questions (Multiple Questions)

Public Finance
AI summary generated by gpt-5.5

Hon. Ravi Karunanayake questioned the Deputy Minister on the financial turnaround of 90 state entities from a Rs. 820 billion loss in 2022 to a Rs. 784 billion profit in 2023, noting that three cited entities showed a shift from a trillion-rupee loss to about Rs. 200 billion profit. He asked whether this was due to earlier lack of fiscal discipline or the Government taking excessive profits, and, if so, when the promised Rs. 160 reduction in fuel prices would be implemented.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 No, that is sufficient. Hon. Deputy Minister, based on your Answer: in 2022, the total loss of these 90 entities was about Rs. 820 billion; in 2023, the profit was about Rs. 784 billion. From the three entities you cited, there is a swing from a trillion‑rupee loss in 2022 to about Rs. 200 billion profit in 2023. Is this because there was no fiscal discipline earlier, or because the Government extracted unfair profits? If the latter, when will you fulfil the promise to reduce fuel prices by Rs. 160?

Provenance

Source
Hansard, Tuesday, 21 January 2025 ·No. 1737707091008005 ·English daily/uncorrected Hansard
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Cite as: Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 21 January 2025. No. 1737707091008005. Politick, https://staging.politick.io/lk/speeches/27148