Transparency International Sri Lanka (TISL) has expressed concern that the impact of Section 21 of the Public Financial Management Act (PFMA) No. 44 of 2024 compromises the financial and institutional independence of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC). Issuing a statement, TISL said Section 21 of the PFMA requires every budgetary entity to prepare and submit its budget estimates in line with the “budget call circular” issued by the Treasury. The section empowers the Ministry of Finance to set binding expenditure ceilings, issue detailed policy guidance, and include other instructions or information as deemed necessary by…
TISL warns of threat to Bribery Commission’s financial independence
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