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Sri Lanka’s parliament panel discusses new Procurement Act amid slow public fund utilization
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1 min readFrom 1 outlets- The committee discussed procurement delays, supplier registration, legal-framework gaps and digital-system challenges.
- Pharmaceutical and other essential-goods purchasing delays were a particular focus.
- Proposals included higher financial thresholds for procurement committees, long-term agreements for repeat purchases and sector-specific guidelines.
- PROMIS was being used across 394 procurement units in 19 ministries, with expansion to provincial councils and government departments planned by 2027.
Based on: EconomyNextWritten by AI from EconomyNextthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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