Hon. (Dr.) Nishantha Samaraweera
Hon. (Dr.) Nishantha Samaraweera said the Fiscal Strategy Statement is a medium-term framework for 2026–2030, distinct from the Budget, setting fiscal targets on debt reduction, primary balances and expenditure limits. He stated that tabling it annually before the Budget would improve clarity for ministries, enable evidence-based performance assessment, and strengthen parliamentary oversight through mechanisms such as COPE and COPA. He called on Members to engage substantively with the framework and identify any shortcomings for correction.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Deputy Speaker, thank you for the opportunity. We expect a substantive, data-driven debate focused on the country’s future. Unfortunately, many Opposition Members speak off-topic, simply to say something for the day.
¶ 02 This Fiscal Strategy Statement is a medium-term plan for 2026–2030, not the Budget. It sets quantitative fiscal targets: debt reduction (to clarify the 95 percent-of-GDP anchor), primary balance targets, and primary expenditure limits. Annually, before the Budget, we will table this Statement for Parliament and the public, thereby giving clarity to Ministries and establishing a basis for fair, evidence-based performance assessment.
¶ 03 This strengthens parliamentary oversight aligned to COPE and COPA, increases transparency and accountability, and prevents discretionary manipulation. With clear targets publicized, there will be no space for theft, fraud, or misuse.
¶ 04 It is our collective duty to understand and engage with this medium-term fiscal framework. If there are shortcomings, point them out so we can correct course. Thank you.
Provenance
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- Hansard, Monday, 30 June 2025 ·No. 1752037071094166 ·English daily/uncorrected Hansard
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Cite as: Hon. (Dr.) Nishantha Samaraweera. 10th Parliament, Parliament of Sri Lanka. Hansard, 30 June 2025. No. 1752037071094166. Politick, https://staging.politick.io/lk/speeches/28099