Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Prime Minister to submit draft Audi Bill to cabinet next week
Thu, Feb 8, 2018, 12:10 am SL Time, ColomboPage News Desk, Sri Lanka.

Feb 07, Colombo: The Attorney General has approved the draft of National Audit Bill and the Prime Minister Ranil Wickramasinghe will submit the draft bill to the cabinet on the 14th.

On February 2nd, the Attorney General has informed the Prime Minister's Office that the draft bill was in accordance with the Constitution.

The Prime Minister has instructed the relevant authorities to take measures to present the bill to the cabinet promptly. Accordingly, the Secretary to the Prime Minister has sent the relevant documents to the Cabinet Secretary on Monday (5th).

A National Audit Office will be established through this National Audit Act and its main purpose is to conduct its audits promptly and more effectively.

The Bill will also distribute the powers of one person among board including the Auditor General, and will also introduce new laws to ensure transparency in auditing as well as in administration of state funds and to prevent the misuse of government funds.

The enactment of the National Audi Bill is one of the key election promises made by the government during President Maithripala Sirisena's 100-day program in 2015 to crackdown on corruption in state institutions and increase transparency.

Establishment of the National Audit Service Commission under the 19th Amendment to the Constitution, which set up Independent Commissions, is being delayed due to the delay in passing the National Audit Act.

 

ColomboPage - Recent 10 Stories ::
Police Intelligence Unit deployed for protection of Malagamuwa
-- [3 hours ago]
In Pictures: 72nd Independence Day of India celebrated in Sri Lanka
-- [4 hours ago]
Railway trade unions threaten to strike again, scheduled to meet the President today
-- [6 hours ago]
Sri Lanka to sign agreement with Oman on avoidance of double taxation to enhance economic relations
-- [6 hours ago]
Profiles of Sri Lankan banks stable despite operating environment headwinds - Fitch Ratings
-- [7 hours ago]
HNB Group records PBT of Rs. 14.1 billion in 1H 2018
-- [7 hours ago]
Record income from Cinnamon exports last year
Sri Lankan Premier promotes peace and reconciliation at annual feast of Madhu Church
Navy officer arrested for abduction of 11 youths given Rs. 500,000 from a Navy account
Sri Lanka to purchase refined petroleum products

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.