The Economic Transformation Bill and the Public Financial Management Bill were presented to Parliament for their first reading this morning at 9:30 a.m. during the parliamentary session.
These bills, introduced by the government, are designed to strengthen the country's economic framework.
The Economic Transformation Bill aims to drive economic growth, while the Public Financial Management Bill focuses on improving the management of public finances to prevent future economic crises.
State Minister of Finance Shehan Semasinghe emphasized the importance of these bills, stating that they are critical for enhancing public financial management and safeguarding the economy against downturns.
