BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
By

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 for this article.