The Oversight Committees in Developing Countries – Public Financial Control and the Expectations Gap – Some Empirical Evidence from Sri Lanka
This paper examines whether it is possible to implement an effective financial control through public oversight committees and establish public sector accountability and transparency as expected by the general public in Sri Lanka. The time is ripe for a debate on whether the public sector governance in Sri Lanka is socially well placed to safeguard the general public over the last few decades. Interviews with key stakeholders are analyzed using stakeholder theory. Findings reveal that despite the summons were sent to some public institutions, they did not appear before oversight committees. The standing orders specify that any person or document can be summoned before an oversight committee, yet parliamentarians are not summoned before oversight committees under any circumstances. The public officers responsible for fraudulent acts are transferred or retired before the completion of hearings of oversight committees. A little attention is paid on the best practice of parliamentary scrutiny and its impacts on the public accountability. There had been a civil war in Sri Lanka over the last three decades. Debate on the defence expenditure continues. This issue has to be further investigated in a future study.
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.
Copyrights for articles published in MTI journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.