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Treasury's USD 2.5 Million Fund Report Delayed, Committee Seeks Final Account
The Pulse
EconomyPolitics4h ago

Treasury's USD 2.5 Million Fund Report Delayed, Committee Seeks Final Account

TLDR
  • USD 2.5M Treasury funds report delayed.

  • Parliamentary committee reviewing reports.

  • Audit of foreign debt repayment recommended.

The Finance Ministry Secretary has informed the Parliamentary Committee on Public Accounts that a detailed report on the USD 2.5 million transferred from the Treasury cannot be provided by the end of this month. The committee, chaired by MP Dr. Harsha de Silva, has received initial reports from the Central Bank and the Ministry of Finance, Economic Development regarding the funds. It is currently preparing a final report for Parliament after reviewing these submissions. The committee has also recommended an immediate audit by the National Audit Office on the overall foreign debt repayment process.

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