PM took all policy decisions on economy till NCE appointment: Minister

4 October 2018 09:43 pm - 8 - {{hitsCtrl.values.hits}}

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SLFP Minister Mahinda Samarasinghe today said it is not the National Economic Council (NEC) Chaired by the President but the Cabinet Sub Committee on Economic Management Chaired by the Prime Minister that took all policy decisions regarding economic matters and the President has continuously raised these matters over the past three years.

Minister Samarasinghe was responding to a question raised by a journalist at the SLFP news briefing on a comment that had been made by a UNP backbencher at Sirkotha to ask the NEC led by President Sirisena as to what they have done about the current economic situation.

The predictions of President Sirisena in the last three years on the economy had been proved correct and he was trying his best to correct certain mistakes through the National Economic Council (NEC), the Minister said.

Minister Samarasinghe said President Sirisena held an extremely successful discussion between the NEC and business leaders, economic experts and top public officials led by governor of the Central Bank.

“They focused on how the economy progresses amid the prevailing precarious situation that has been aggravated with the sharp depreciation of rupee against dollar, rising cost of living as a result of fuel price hike, dwindling FDI, withdrawal of foreign funds invested in the bond market and remedies to arrest the trend,” Minister Samarasinghe said. (Sandun A Jayasekera)

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Comments - 8

Shameer Thursday, 04 October 2018 09:56 PM

During the last elections President told that he would take over the economic decision making

Lakminiha Friday, 05 October 2018 07:01 AM

The results are visible with a year...

Rohantha Friday, 05 October 2018 07:06 AM

Still he is taking over.

Dee Thursday, 04 October 2018 11:07 PM

Can you first win an election please? Don't creep through the back door to parliament.

Milinda. Friday, 05 October 2018 06:19 AM

Why make excuses now. You guy who came from the backdoor supported Ranil to drive the country to bankruptcy. Now you

harindra Friday, 05 October 2018 06:58 AM

Ranil wickremasinghe with RAvi k and Sagala Rathnayake are manuplating the econamic matters without the young bloodHarsha De silva,Sajith and Naveen getting involvedRan il has ruined this country for the past 24 yearshe will distroy sri lanka before he ritiresGet him to stelp down and absolute ***** wit Ravi and Sagala around

Saraa Goyya Friday, 05 October 2018 07:21 AM

The President said many things to arrest this and that by wielding his sword in any direction. But what he wields is a Pathola Karala.

sach Friday, 05 October 2018 10:05 AM

After allowing RW and UNP to destroy the economy, what is he doing now? This UNP should be kicked out.

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PM took all policy decisions on economy till NCE appointment: Minister

Comments - 8

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