Public Financial Management Act 2024 · පනවන ලද පරිදි · Part IX · Public Investment Management
43. Public-private partnership projects
නිල ඉංග්රීසි පරිවර්තනය. සිංහල පාඨය බලපවත්වයි. නිල Sinhala පාඨය විවෘත කරන්න, documents.gov.lk හි නිල PDF
නිල පරිවර්තනයවෙනස් නොකළ පාඨය, Department of Government Printing වෙතින්
The public-private partnership projects shall be subjected to the same procedure followed in respect of public investment projects under this Act. Additional provisions applicable to public-private partnership projects may be as prescribed. The Minister of Finance may include a public-private partnership project in the annual budget only if -
such project is considered as a project which offers an economic return in terms of prescribed economic, social and environmental criteria;
any guarantees provided by the Government on public-private partnerships do not exceed the ceilings under the medium-term fiscal framework;
and
the risk borne by the Government in a public-private partnership project is deemed reasonable and fiscally affordable, and the proposed risk mitigation strategies are deemed sufficient and taking such risk is required for the project’s efficient implementation.
The public-private partnership projects shall be included in the list of prioritized projects referred to in paragraph (a) of subsection (3) of section 42 for the approval of the Minister of Finance for the inclusion in the annual budget.
Any expenditure from the Consolidated Fund on an approved public-private partnership project shall be appropriated in the Appropriation Act for the relevant financial year and the total costs of the public-private partnership project over its lifetime shall be disclosed in the annual budget document.
Upon the approval of the Cabinet of Ministers for a public-private partnership project, the Ministry of the
Minister of Finance shall ensure that –
an estimate of the contingent liabilities associated with all public-private partnership projects is included in the fiscal strategy statement; and
reports on the execution of public-private partnership projects and their financial impact are submitted to the Parliament with the annual report of the Ministry of the Minister of Finance.
Part X
Government Borrowings and Guarantees
Part XI
Accounting and Reporting
Part XII
State Owned Enterprises
Part XIII
Provincial Councils and Local Authorities
Part XIV
Cadre Management
Part XV
Offences and Penalties
Part XVI
Miscellaneous Provisions
Part XVII
Repeals
Part XVIII