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Oral Question Answers 1072-11 - 06th Sept

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Question No.                              :    0040/10
Ministry                                        :    Ministry of Finance & Planning
Name of the Member of
Parliament asking the question        :    Hon. Ravi Karunanayake
Date on which question is to  be asked    :    06.09.2011



(a)    Will he inform this House;

(i)    The names of countries, International Financing Institutions or Banks and private entities that have lent money to the Government of Sri Lanka per year basis for the last 10 years;

Please refer to the Attachment 01, column (a).

(ii)    The total outstanding of loans as of today;

The total outstanding of loans as of 30th September 2010 is Rs.1,662,755,960,578.76 (in words – rupees billion one thousand six hundred and sixty two and points seven six).

(iii)    The total outstanding loans at the end of the year 1999;

The total outstanding of loans at the end of the year 1999 is Rs.509,759,866,673.0  (in words – rupees billion five hundred nine and point eight).

(iv)    The amount lent by the countries or institutions from 1999 to – date on yearly basis;

Please refer to the Attachment 01.

(v)    The interest rates and the payback period;

Please refer to the Attachment 02.

(b)    Will he state;

(i)     The total debt amortization (capital and interest payments) on yearly basis from the year 2000 to the year 2015 along with the loans taken to-date;

Please refer to the Attachment 03 Table 01.

(ii)     The above information in US Dollars and Special Drawing Rights;

Please refer to the Attachment 03 Table 02 and 03.

(c)    Does not arise.

Oral Question Answers 0040-10 - 6th Sept 2011

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Question No.                                                   :    0040/10
Ministry                                                             :    Ministry of Finance & Planning
Name of the Member of
Parliament asking the question                  :    Hon. Ravi Karunanayake
Date on which question is to  be asked    :    06.09.2011


(a)    Will he inform this House;

(i)    The names of countries, International Financing Institutions or Banks and private entities that have lent money to the Government of Sri Lanka per year basis for the last 10 years;

Please refer to the Attachment 01, column (a).

(ii)    The total outstanding of loans as of today;

The total outstanding of loans as of 30th September 2010 is Rs.1,662,755,960,578.76 (in words – rupees billion one thousand six hundred and sixty two and points seven six).

(iii)    The total outstanding loans at the end of the year 1999;

The total outstanding of loans at the end of the year 1999 is Rs.509,759,866,673.0  (in words – rupees billion five hundred nine and point eight).

(iv)    The amount lent by the countries or institutions from 1999 to – date on yearly basis;

Please refer to the Attachment 01.

(v)    The interest rates and the payback period;

Please refer to the Attachment 02.

(b)    Will he state;

(i)     The total debt amortization (capital and interest payments) on yearly basis from the year 2000 to the year 2015 along with the loans taken to-date;

Please refer to the Attachment 03 Table 01.

(ii)     The above information in US Dollars and Special Drawing Rights;

Please refer to the Attachment 03 Table 02 and 03.

(c)    Does not arise.

Reply for Parliamentary Question No.0589/10

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(a)    I    The government is fully opposed to privatisation of profit-making state
institutions. The government is committed to maintaining such profit-making institutions with proper management and without sustenance of any losses.  However, the government is always ready to take every possible action to involve the private sector in the social and economic development of the country in an equitable distribution of the dividends of open economy.  The government is also principally obliged to provide goods and services on concessionary terms to the public by competing in the market with the private sector.

In this context, special attention is made to Public-Private Partnerships between the government and private sector.

II    Yes.

It does not show in Books of Accounts in the Country in monetary terms. It is hidden and real value which reflects in level of Economic Growth and Quality of Human Resources in a country and when compared with same achievements in other countries. This value does not show in country’s Financial Statements.

III    The intangible assets of the country

1.    Power of Innovation (Renewal, Development and Innovation).
2.    Power of Exchange of Knowledge (Ability, willingness and capacity to share knowledge) nationally and globally.
3.    Power of Human Capital (Education, High Investment in Training and Life-long Learning, labour relations and corporate culture based on long term profitability, entrepreneurship, level of contribution to the global economy, individual brainpower combined with structural capital will generate future growth.).
4.    Information Technologies.
5.    Investment in Intellectual Capital (Patents etc).
6.    Any other non-monetary and invisible assets which contribute towards country’s growth and employment.

(b)    (i)    Ministry of Media and Information has the authority to issue licenses to radio
channels, TV channels and Satellite Broadcasting services.  Telecommunications Regulatory Commission is allocating frequency spectrum for them.

Telecommunications Regulatory Commission of Sri Lanka has the power to issue licenses for Cellular Mobile Operators, Broadband operators and Direct to home (DTH), fixed wireline, fixed wireless, etc.

(ii) All licenses issued under aforesaid  categories for the last 6 years.


Radio Channels                        14

TV Channels                            12

Fixed Wireless                        01

Cellular Mobile                        01

Broadband, Data Communication & Internet Services    02

Satellite Broadcasting Operator                03

Cable TV Distribution                        03

(iii)    License fee                        803 SLRs. Million

(c)    (i)   Yes.
(ii)    Not accepted.

(d)    Licenses are issued according to the Guidelines and Procedures for issuing licenses published in extraordinary Gazette No.1435/20 dated 10th March 2006.

Oral Question Answers 1062-11 - 25th August 2011

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Ministry – Ports & Highways
Questioned by – Hon. Ravi Karunanayake
Question date – 25-08-2011
Answers for the Parliamentary Question No.1062/’11


(a)    
(i)    The construction work of the 1st stage of the project has been completed by 18-11-2010 for enabling to commence the commercial operations of the Port.

(ii)    08 (Eight) Nos. of vessels including 3 Trials.

(iii)     Although there is no separate operational staff attached to the Hambantota Port, when the operations are going on staff will be sent from Colombo and Galle.

(iv)     Not arisen.


(b)    There is no separate balance sheet for the Hambantota Port.

(c)    Until an Account Section will be functioning in Hambantota Port, the details of the accounts are recorded under the Port of Colombo

Oral Question Answers 0994-10 - 24th August 2011

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Ministry of Defence
Seventh Parliament 1st Session, Order Book No. 4.]
22nd July 2011


Question for oral answers – 24th August 2011 – 0994/’10

Hon. Ravi Karunanayake – To ask the Prime Minister and Minister of Buddha Sasana and Religious Affairs.

(a)    Will he inform this House –
(i)    The number of police personnel and armed forces personnel who have gone for UN peace keeping work from the year 2000 to date on per year basis;
(ii)    The amount paid for a soldier or police person by the UN;
(iii)    The countries where they are deployed; and
(iv)    The number of Sri Lankan security personnel deployed per country?

(b)    Will he state –
(i)    Whether there are any other purpose that are soldiers and policemen are sent overseas for deployment;
(ii)    If so, the places they are sent; and
(iii)    The purpose of sending them to said places?

(c)    If not, why?

Oral Question Answers 0584-10 - 24th August 2011

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Question No                                     :  0584/10
Ministry                                              :  Ministry of Finance & Planning
Name of the Member of
Parliament asking Question        :  Hon. Ravi Karunanayake
Date of which the Question
To be asked                                      :  24.08.2011


(a)    (i)    The renewal granted on the grace period and payback of loans taken from the
multilateral agencies and friendly countries on bilateral basis for last four years;

There is no renewal granted on the grace period and payback of loans taken from multilateral agencies and friendly countries on bilateral basis for last four years.
(ii)    As to when such facilities were granted;
Does not arise.
(iii)    The purpose it was given for;
Does not arise.
(iv)    Whether there is any Initiation Fee, Commitment Fee, Management Fee or Administration Fee, Insurance Premium, and or any other costs in different names pertaining to the aforesaid loans;

A cost has been bared for above mentioned fees and charges for the loans taken on bilateral basis and multilateral agencies for last four years.
(v)    Whether they are one off payments or annual payments;
Yes.
(vi)    The total amounts to be paid per year on aforesaid costs per year which impacts on the country as a cost factor;

The total amounts to be paid per year on aforesaid costs per year is Rs.3,906,490,957 (in other words, Rs.3,906.5 million).
(b)    Does not arise.

Parliamentary Questions – 23.08.2011 Question No.0852/10

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Answer to the question (0582/10) to ask Hon. Prime Minister and Minister of Buddha Sasana and Religious Affairs by Hon. Ravi Karunanayake.
(a)    Yes.  Answers to section (i) to (iii) are stated in table marked as annex 1.

(b)    Yes.  Answers to section (i) to (iii) are stated in table marked as annex 1.

(c)    Does not arise.

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