Sri Lanka is undergoing a legislative transformation, with Treasury Secretary Mahinda Siriwardana revealing plans to introduce new laws and revise existing ones based on past experiences and lessons learned. The focus lies on structural reforms within executive and administrative setups, with proposed laws covering areas such as public finance, procurement, public-private partnerships, state enterprises, and offshore economic activities. This comprehensive review underscores a commitment to modernize governance structures and foster transparency and accountability. The proposed laws signify a proactive approach to adapt to evolving economic and regulatory landscapes, potentially paving the way for enhanced efficiency and effectiveness in governance and economic management systems.
The following new laws are being made:
Changes are planned to the following laws :