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Public Finance Committee Reviews National Audit Office’s 2027 Budget

September 4, 2026

 

The Committee on Public Finance has given special attention to the 2027 budget estimates of the National Audit Office, with discussions focusing on modernising audit processes, retaining skilled personnel, and improving the efficiency of audit activities across state institutions.

The committee meeting was held in Parliament under the chairmanship of MP Ravi Karunanayake, who was appointed as interim Chair in accordance with the Standing Orders.

Deputy Ministers Chathuranga Abeysinghe, Nishantha Jayaweera, and Dr. Kaushalya Ariyaratne, along with MPs Attorney Lakmali Hemachandra and Wijesiri Basnayake, also participated in the meeting.

The committee stressed the need to make greater use of modern technology and data analytics tools to improve the quality and efficiency of audit operations.

Members noted that greater use of technology and data analytics could strengthen oversight of public financial management. Attention was also given to necessary legal amendments related to the recruitment of skilled personnel to the audit service.

Committee Chairman Ravi Karunanayake instructed officials to formulate a clear, results-oriented plan and ensure effective management of resources while modernising the country’s audit process.

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