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Election to cost Rs. 5.5-7.5 b

29 Feb 2020

By Sarah Hannan The Election Commission’s (EC’s) latest estimation is that the upcoming parliamentary elections would cost around Rs. 5.5 billion, but the costs could swell to over Rs. 7.5 billion if there is a large number of political parties contesting. Speaking to The Sunday Morning, EC Chairman Mahinda Deshapriya said at present there were no allocations to hold elections and due to this, once Parliament is dissolved, the President has the authority to allocate funds. “When the vote on account was taken up in Parliament in November 2019, the Government did not foresee a necessity of having parliamentary elections in the first quarter of 2020. Even though the vote on account was taken up, it was not passed in Parliament which left us with no fund allocations for the upcoming elections,” Deshapriya elaborated. After Government Spokesperson Minister Keheliya Rambukwella confirmed to The Sunday Morning that Parliament would be dissolved tomorrow, we inquired from him as to how funds would be sourced to foot the bills for the elections. “Once the Government is dissolved, the monetary powers will be vested in the President for a particular period of time. When the parliamentary elections are announced, the funding will be handled by the President and he will make necessary provisions to provide the required funds to the Election Commission based on the requirement.” When asked whether there would be a limitation to the funds that the President would be allocating for the upcoming election, Rambukwella informed that the President will consider the cost evaluation presented by the EC.

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