Tuesday, 06 June 2023 10:25

Select committee to look into economic crisis Terms of Reference to be changed Featured

Government is to call for the amendment to the resolution to change the Terms of Reference of the already adopted resolution to appoint a select committee to probe as to who is responsible for the current financial crisis in Parliament this week.

Accordingly, as per the order paper in the House the government is to move the amendment to the resolution which was adopted in January 2023 during this week’s sessions. As per the Amendment, the proposed select committee will have to probe and report to Parliament the causes for the Financial Bankruptcy declared by the Government and submit its proposals and recommendations in this regard.

 Accordingly, the select committee will be responsible for carrying out an investigation to determine whether this economic crime was committed intentionally by the authorities who are in charge of the subjects of finance and economic affairs or by the Cabinet of Ministers, whether the country had to experience an unprecedented economic crisis and financial bankruptcy since the persons who were responsible had failed to execute their duties properly and whether there are any other reasons that would result the country experiencing such an economic crisis and financial bankruptcy in the future.

 The original resolution was adopted in January this year but members of the select committee is yet to be appointed. The members of the select committee, therefore, are expected to be appointed after the amended resolution is adopted, reported to us.

 

DMN

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