The Hon. (Dr.) Harsha de Silva
Dr. Harsha de Silva tabled the Committee on Public Finance report on regulations under the Public Debt Management Act, No. 33 of 2024, and related constitutional provisions. He explained that the Act transfers borrowing functions from the Central Bank and the External Resources Department to the Public Debt Management Office, which is preparing to issue a US dollar-denominated bond of USD 50 million, with the relevant regulations being approved.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Public Finance Committee Report
¶ 02 Hon. Speaker, I lay on the Table the Report of the Committee on Public Finance relating to the Regulations made under Article 35 read with Articles 6(a), (b) and (c), 16 and 31 of the Public Debt Management Act, No. 33 of 2024, and Article 44(3) of the Interim Constitution of the Democratic Socialist Republic of Sri Lanka, which were referred to the Committee on Public Finance.
¶ 03 Ordered to lie upon the Table.
¶ 04 Hon. Speaker, allow me a minute to clarify. Under the new Public Debt Management Act, all borrowing has been separated from the Central Bank and the ERD and brought under the Public Debt Management Office (PDMO).
¶ 05 The PDMO is, for the first time, opening a US dollar-denominated bond of USD 50 million in the coming days. The necessary regulations for that are being approved now.
¶ 06 Thank you.
Provenance
- Source
- Hansard, Friday, 28 November 2025 ·No. 23026 ·English daily/uncorrected Hansard
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- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
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/lk/speeches/5036
Cite as: The Hon. (Dr.) Harsha de Silva. 10th Parliament, Parliament of Sri Lanka. Hansard, 28 November 2025. No. 23026. Politick, https://staging.politick.io/lk/speeches/5036