The Hon. Ravi Karunanayake

¶ 01 Sir, I rise to a point of Order under Standing Order No. 26(3).

¶ 02 Section 11 of the Public Financial Management Act stipulates minimum content for the Fiscal Strategy Statement: a formal statement of fiscal strategy [11(4)(a)]; proposed timeframe to reduce public debt to a sustainable level [11(5)(b)]; explanation of consistency with responsible fiscal management objectives [11(5)(c)]; assessment of expected compliance with fiscal targets for the next financial year and the four succeeding years [11(5)(e)(iii)]; and disclosure of the macroeconomic impact of fiscal decisions taken over the past three years [11(5)(g)]. Only part of this information is before us. The most important—public debt reduction with specific timelines—does not appear adequately in this Statement.