VoA lapse has no impact on public finance: PM
Prime Minister and Minister of Finance Mahinda Rajapaksa yesterday dismissed as “absurd” the contention by the Opposition that the President cannot allocate funds after the lapse of the Vote on Account (VoA) and said any questions on expenditure can be raised once the new Parliament is convened.
Prime Minister and Minister of Finance Mahinda Rajapaksa yesterday dismissed as “absurd” the contention by the Opposition that the President cannot allocate funds after the lapse of the Vote on Account (VoA) and said any questions on expenditure can be raised once the new Parliament is convened.
Releasing a statement on the constitutional implications that could be created with the lapse of the VoA at the end of April, Rajapaksa steadfastly refused to consider the Opposition view that Parliament oversight is needed when more funds are allocated from the Consolidated Fund.