Committee on Public Enterprises (COPE) Chairman Prof. Charitha Herath informed secretaries to the ministries in writing that all government institutions should submit their annual reports to Parliament within the stipulated time period.
Accordingly, all the secretaries were informed that the chairmen and heads of the institutions that fall under the purview of the respective ministries should submit their annual reports to Parliament within 150 days following the close of the financial year, as per the guidelines issued by the Public Enterprises Department of the Ministry of Finance.
This decision came following the observations made at several COPE meetings that a considerable number of public enterprises had not presented their annual reports within the stipulated time period, making data and information in the annual reports obsolete and preventing Parliament from receiving up-to-date data and information for further action.
Accordingly, all the secretaries were informed that the chairmen and heads of the institutions that fall under the purview of the respective ministries should submit their annual reports to Parliament within 150 days following the close of the financial year, as per the guidelines issued by the Public Enterprises Department of the Ministry of Finance.
This decision came following the observations made at several COPE meetings that a considerable number of public enterprises had not presented their annual reports within the stipulated time period, making data and information in the annual reports obsolete and preventing Parliament from receiving up-to-date data and information for further action.