Nov 19, Colombo: The Report of the Committee on standing orders related to two committees to be established as per the President’s proposal was presented to Parliament by Speaker Mahinda Yapa Abeywardena yesterday (18).

Accordingly, the composition, powers and functions of the Committee on Banking and Financial Services and the Committee on Economic Stabilization are contained in this report.

On November 16, 2022, the Committee on Standing Orders met and approved that the Committee on Banking and Financial Services and the Committee on Economic Stabilization be established and accordingly, be included the Committee on Banking and Financial Services and the Committee on Economic Stabilization as 122 and 123 respectively (Annexure I and II) in the amended Standing Orders of Parliament.