financetom
World
financetom
/
World
/
Sri Lanka's Bill to give more teeth to Parliament over executive president gets SC clearance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sri Lanka's Bill to give more teeth to Parliament over executive president gets SC clearance
Sep 6, 2022 7:36 AM

Sri Lanka's Supreme Court has ruled that the bill seeking the 22nd amendment to the Constitution can be adopted with a two-thirds majority in Parliament and some clauses requiring a nationwide referendum, the Parliament Speaker announced on Tuesday.

The draft bill on the 22nd amendment, aimed at empowering Parliament over the executive president, was approved by the country's Cabinet and gazetted last month. The 22nd amendment was originally named 21A and meant to replace the 20A.

The amendment was formulated amid the ongoing economic turmoil in the country which also caused a political crisis. It is meant to replace the 20A that had given unfettered powers to ex-President Gotabaya Rajapaksa after abolishing the 19th Amendment.

Speaker of Parliament Mahinda Yapa Abeywardene said the 22nd amendment to the Constitution can only be adopted with a two-thirds majority in Parliament and a nationwide referendum on clauses 2 and 3 of the bill that are inconsistent with the Constitution.

The apex court recommended changes to help Parliament pass the bill with only a special majority. The bill aims to restore independent commissions and also curbs some of the powers of the president. Interested parties were given time to petition the Supreme Court. The court determination was received by Parliament on Tuesday. There were 10 such petitions filed.

ALSO READ | Sri Lankan Supreme Court extends travel ban on Mahinda Rajapaksa

The 22A was meant to undo the 20A adopted in 2020 which restored full executive powers to then-President Gotabaya Rajapaksa. Rajapaksa had reversed through 20A the features of the 19A which had empowered Parliament over the presidency. Rajapaksa was ousted in mid-July through the popular uprising against him for mishandling the country's economy.

Foreign minister Ali Sabry said on Monday that the 22A would be presented in Parliament very soon for approval. Several features, including curbing the Sri Lankan President's power to sack the Prime Minister and the Cabinet, have been included in the draft of a constitutional amendment bill that seeks to reduce the concentration of power in one person, justice minister Wijeyedasa Rajapakshe said last month.

ALSO READ | Why India is worried about a Chinese ship docking at a Sri Lankan port?

He said that the text of the draft of the 22nd Amendment to the Constitution was changed after the ouster of former president Rajapaksa. "The former president wanted to retain the power to sack the prime minister and the cabinet as he wished. Since his departure we have changed that so the president can't remove the Prime Minister and the Cabinet," Rajapakshe had said.

His comments came as he submitted to Parliament the constitutional amendment bill to clip the powers of the president, a key demand of protesters calling for political reforms and solutions to the country's worst economic crisis. Rajapaksa fled the country to the Maldives after an uprising against him on July 9 and four days later he resigned after reaching Singapore.

ALSO READ | Sri Lanka President Ranil Wickremesinghe has tough decisions to make and people are not on his side yet

Under the 20A, the Constitutional Council was converted to a parliamentary council just to rubber stamp presidential powers. The 22A would also have anti-corruption features, a key demand of the protesters. The bill must be approved by two-thirds of Sri Lanka's 225-member Parliament to become law.

If passed into law, the amendments would reinstate reforms made in 2015. Rajapaksa reversed those reforms and concentrated power on himself after being elected to office in 2019. Sri Lanka is facing the worst economic crisis since independence in 1948 which has led to an acute shortage of essential items like food, medicine, cooking gas and fuel across the country.

The street protests had been triggered across the country over the poor handling of the economic crisis and the lack of accountability to it.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Asia stocks weaken on the patient approach to rate cuts
Asia stocks weaken on the patient approach to rate cuts
May 22, 2024
SINGAPORE (Reuters) - Several key Asian share benchmarks fell on Thursday as markets digested the implications of policymakers in major economies preferring to take patient approach to monetary easing amid sticky inflation. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in...
Asia stocks weaken on the patient approach to rate cuts
Asia stocks weaken on the patient approach to rate cuts
May 22, 2024
SINGAPORE (Reuters) - Several key Asian share benchmarks fell on Thursday as markets digested the implications of policymakers in major economies preferring to take patient approach to monetary easing amid sticky inflation. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in...
Nvidia, AMD, TSMC, Snowflake, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Nvidia, AMD, TSMC, Snowflake, Tesla: Why These 5 Stocks Are On Investors' Radars Today
May 22, 2024
Major U.S. stock indices closed in negative territory on Wednesday, with the Dow Jones Industrial Average falling 0.5% to 39,671.04, the S&P 500 dropping nearly 0.3% to 5,307.01, and the Nasdaq decreasing by almost 0.2% to 16,801.54. These are the top stocks that gained the attention of retail traders and investors throughout the day: Nvidia Corporation ( NVDA ) Despite...
GLOBAL MARKETS-Asia stocks weaken on the patient approach to rate cuts
GLOBAL MARKETS-Asia stocks weaken on the patient approach to rate cuts
May 22, 2024
SINGAPORE, May 23 (Reuters) - Several key Asian share benchmarks fell on Thursday as markets digested the implications of policymakers in major economies preferring to take patient approach to monetary easing amid sticky inflation. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved