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srilawsby aturio
As enacted
Contents

Part II · Public Debt Coordinating Committee

9. Powers, duties and functions of the Committee

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The powers, duties and functions of the Committee shall be to:–

(a)

review and opine on the debt management strategy and its updates prepared by the Office, ensuring the consistency of the debt management strategy with macroeconomic policies;

(b)

review and opine on the annual borrowing plan and its performance;

(c)

review domestic and international market conditions and provide recommendations on the risk associated with public debt and opportunities in the market and on official development assistance; and

(d)

perform such other functions as may be assigned to it by the Minister for the purposes of achieving the objectives under section 3.

Read on from s 10

Part III

Government Borrowing and Debt Management

Read on from Part III

Part IV

Government Loan Guarantees, Government On-Lending, Suppliers’ Credit Agreements and Finance Lease Agreements

Read on from Part IV

Part V

Records and Publication of Public Debt and Finance Arrangements

Read on from Part V

Part VI

Annual Reporting to Parliament

Read on from Part VI

Part VII

Borrowing and Issuance of Guarantees by State Owned Enterprises and Reporting by Provincial Councils, Local Authorities and State Owned Enterprises

Read on from Part VII

Part VIII

Offences and Penalties

Read on from Part VIII

Part IX

General

Read on from Part IX