Govt. assets to be investigated, managed under Public Assets Management Act: Siyambalapitiya

24 July 2024 12:10 pm Views - {{hitsCtrl.values.hits}} 7 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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Colombo, July 24 (Daily Mirror) - The assets of all government institutions in the country are ready to be investigated into and brought under proper management through the Public Assets Management Act, Finance State Minister Ranjith Siyambalapitiya said.

He said that there are more than 1,600 government-owned institutions and their assets are not properly managed and there are about 91,000 vehicles in these institutions.

He mentiond that the government is ready to pay more attention to fixed assets and manage them properly and provide more effective service to the people.

Cabinet approved the relevant bill presented by President Ranil Wickremesinghe as the Minister of Finance.

Meanwhile, the Economic Transformation Bill, which was previously presented to Parliament, is scheduled to be debated tomorrow (25).

Minister Siyambalapitiya further said that many measures have been taken to improve the living standards of the people.

Also said the legal framework related to economic reforms will be adjusted to suit the era, as well as an export-oriented economy and a favourable environment for foreign investment.

Comments - 7

Joshua Wednesday, 24 July 2024 02:37 PM

First investigate the assets of the fellows in that parliament. This is one side you all never see or hear. It really stinks

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scarnjithA Wednesday, 24 July 2024 02:45 PM

Move in the correct direction. Well appreciated, subject to proper implementation

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TOLD YOU SO CORRUPT POLITICIANS SHOULD BE KICKED OUT AND PUBLIC SERVICE, SHOULD BE OVERHAULED AND ALL CORRUPT/INEFFICIENT EMPLOYERS TERMINATED. Wednesday, 24 July 2024 03:03 PM

WHAT ABOUT INVESTIGATING ALL POLITICIANS ASSETS AND RECORDING SAME, SO ANY CORRUPT TRANSACTIONS CAN BE IDENTIFIED AND SECONDLY TO MAKE SURE THEY PAY THEIR TAXES LIKE ALL OTHER TAX PAYERS DO. i ALSO NOTED IN A EARLIER POST THAT SEVERAL PERSONS AND OR BUSINESSES HAVE STILL NOT PAID THEIR ARREARS IN TAXES. MAY WE ASK, WHY THE TAX OFFICE HAS BEEN SLEEPING ON THESE ISSUES FOR SO LONG?? TIME TO CLEAN OUT ALL GOVT DEPT'S OF CORRUPT OFFICIALS, THEIR STOOGES AND ALL THOSE WITH NO QUALIFICATION TO PERFORM THE POSITION THEY NOW HOLD.

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Wiraj Wednesday, 24 July 2024 03:10 PM

Lack of accountability and responsibility are the reasons, the assets are mismanaged and stolen. Make the relevant heads answerable and be penalised in case of irregularities.

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N V Jen Wednesday, 24 July 2024 03:14 PM

Introduce this provision to Railways and SLTB also to cover the engines, bogies and the buses. Since most of these are grants, none including the top officials, care to maintain such valuable assets.

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Kumasaru Wednesday, 24 July 2024 03:29 PM

Very good move. Howevr,better to immediately investigate the purpose of maintaining the "Comptroller-general's-office", under your nose.

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Plans to Action Wednesday, 24 July 2024 05:57 PM

ASSET MANAGMENT and ASSET TRACKING can be very effectively done using IT based technology. Vehicle Fleet management solutions (DIMO does it) Geo Tracking (insurance companies use this in many countries) ANPR - Automated Number plate recognition, so many solutions if a central government body sets the Asset coding guidelines and if all use the same softwares consolidation can be easy.

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