MP Harsha Demands Parliamentary Oversight for 'Rebuild SL' Fund 🏛️

• SJB MP Dr. Harsha de Silva called for mandatory Parliamentary approval and oversight over the proposed 'Rebuilding Sri Lanka' Fund, stating the Cabinet-approved initiative requires legislature sanction. • He stressed that the Fund cannot be created outside the Constitution and the Public Financial Management Act, as Parliament retains full control over public finance. • Purpose: The Fund is intended to mobilize resources from both the public and private sectors for the rehabilitation of essential infrastructure (e.g., highways, irrigation) damaged by the disaster. • A public-private Management Committee has been appointed for administration, priority setting, resource allocation, and ensuring transparency. • The Committee is chaired by Labour Minister and Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, and includes top private sector leaders: Mohan Pandithage (Hayleys Group), Krishan Balendra (John Keells Holdings), Ishara Nanayakkara (LOLC), Dr. Parakrama Dissanayake (Aitken Spence), and Ashroff Omar (Brandix).