AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

COLOMBO: Sri Lankan Prime Minister Ranil Wickremesinghe said on Sunday his government was working to make the president and cabinet accountable to parliament, after weeks of street protests triggered by the country’s worst economic crisis in decades.

Hit hard by the pandemic, rising oil prices and populist tax cuts, Sri Lanka faces rampant inflation and shortages of fuel and other essentials, prompting the resignation of former Prime Minister Mahinda Rajapaksa and his cabinet this month.

Wickremesinghe said his government has proposed enacting laws to give parliament more power, adding that over a dozen independent committees would be set up for parliamentary oversight and supervision of financial matters.

“According to the new system we have proposed, the president will be held accountable to the parliament. The cabinet of ministers is also accountable to parliament,” Wickremesinghe said in a televised address.

The proposal could take several weeks to be approved, as it needs to be accepted by the cabinet and the Supreme Court, after which the parliament’s approval will be sought.

President Gotabaya Rajapaksa and his brother, Mahinda, rolled back a series of electoral, police and financial reforms enacted by the previous government, months after assuming power with a two-thirds majority in 2020.

Opposition leaders had accused the Rajapaksa government of disproportionately increasing presidential powers and diluting the role of the parliament in lawmaking.

Wickremesinghe, who assumed office over two weeks ago, has indicated that inflation would rise as the government gets down to tackling the crisis, and that there could be more protests on the streets.

Critics say Wickremesinghe’s proposed political reforms fall short of expectations and do not address the key demands of protesters including abolishing the executive powers of the presidency.

“The proposal before Cabinet is still giving a lot of power to the president. He will still be able to hold ministries, prorogue and dissolve parliament,” said Bhavani Fonseka, senior researcher at Colombo-based Centre for Policy Alternatives.

“While it brings some power sharing, it is not enough,” Fonseka said.

Comments

Comments are closed.