#COPF
COPF questions Central Bank over NDB fraud, internal audit failures
By The Pulseline News Desk Sri Lanka’s parliamentary oversight of the financial sector came under renewed focus this week after the Committee on...
Missing millions: COPF probe reveals 10 debt payments that had gone astray
By The Pulseline News Desk Sri Lanka’s fragile fiscal recovery has come under renewed scrutiny following revelations that millions of dollars in government...
Sri Lanka’s modest 3.1% growth forecast raises concerns amid mounting debt
Sri Lanka’s economy is projected to grow by approximately 3.1% in 2025, according to Finance Ministry officials who presented their mid-year fiscal review...
Gambling Regulatory Authority Bill gets COPF nod
The Committee on Public Finance has approved the Bill to establish the Gambling Regulatory Authority, paving the way for an independent body to...
BYD vehicle dispute risks diplomatic strain between China and Sri Lanka
The detention of a consignment of electric vehicles from Chinese automaker BYD at the Hambantota Port risks triggering a diplomatic dispute between Sri...
Beedi tax hike triggers decline in license renewals and revenue, COPF told
A recent hike in the tobacco tax on beedi products has led to a sharp decline in license renewals and revenue collection, the...
CoPF approves tea license fee to fund industry development
The Committee on Public Finance (CoPF) approved the Regulations under the Tea (Tax and control of export) Act, No. 16 of 1959. This...
CoPF flags revenue losses in vehicle import tax collection
The Committee on Public Finance (COPF) has expressed concern over potential losses to state revenue due to inconsistencies in the taxation of imported...
