40. General principles of public investment management and Public Investment Committee

the objects specified in section 2;

the fiscal responsibility framework provided for in

Sri Lanka’s national development policy framework, national policies, sectoral plans, and public investment programme.

the Heads of the Departments in the General

national planning;

public finance;

fiscal policy;

national budget;

public debt management;

external resources;

treasury operations;

public enterprises;

management services;

project management and monitoring; and

the authority in charge of the subject of public-private partnerships.

the selection of public investment projects including public-private partnership projects specified in section 42, based on the criteria that shall be published by the Ministry of the Minister of Finance;

making recommendations to the Minister of

supervising the implementation of the provisions of this Act and the regulations made thereunder pertaining to public investment projects, including public private partnership projects, and making recommendations as are deemed necessary to the