President takes away CB from PM and gazettes under FM

28 March 2018 06:38 pm - 16 - {{hitsCtrl.values.hits}}

A A A

In an Extraordinary Gazette issued today, President Maithripala Sirisena moved two key institutions; the Central Bank and the Securities and Exchange Commission (SEC); which were under the National Policies and Economic Affairs Ministry headed by the Prime Minister, back to the Finance Ministry.

The Gazette Notice, which bears No: 2064/26 said the two institutions would be immediately placed under the Minister of Finance and Mass Media.

"Formulation of monetary policies and macroeconomic management in coordination with the Central Bank of Sri Lanka and monitoring revenue collection and expenditure would be carried out by the Finance Ministry," the notice said.

Meanwhile, a number of items including the Monetary Law Act, Public Utilities Commission, Exchange Control Act, Securities and Exchange Commission, National Youth Council, Youth Corps Act, Children and Young Persons Ordinance and the National Insurance Trust Fund Act had been omitted from the Prime Minister's Ministry.

The Monetary Law Act and the Securities and Exchange Commission had been placed under the Finance Ministry.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 16

Sunil Wednesday, 28 March 2018 07:36 PM

He is definitely on his way out with his Royal cronies.

Duminda Wednesday, 28 March 2018 07:44 PM

Excellent !! Wait and see now who is coming to invest in Sri Lanka?. What is going on this country.

High Inflation Thursday, 29 March 2018 09:21 AM

Tell me who came to invest during RW regime ? No investor will come during high inflationary time because LKR value is depreciating.

Gayan Wednesday, 28 March 2018 07:46 PM

First nail to the coffin.

Pushpakumara Wednesday, 28 March 2018 07:48 PM

This is a very good move. In case the PM survives the NFM, his wings should be clipped.

De Silva Wednesday, 28 March 2018 07:50 PM

If he has any self respect he should resign now

Ceylon Wednesday, 28 March 2018 08:50 PM

If has any respect sirisena must resign and go to jail fir his traitorous acts during as president.

Nova Wednesday, 28 March 2018 09:44 PM

Real patriotic person will like this comment

KJ Thursday, 29 March 2018 05:56 AM

De Silva.. he's a Royalist!!

rohantha Wednesday, 28 March 2018 08:43 PM

Either he should Fight or Go, without wasting time.

malij Wednesday, 28 March 2018 08:58 PM

Bull in a China Shop????

Unchikun Wednesday, 28 March 2018 09:07 PM

Well done sir. Still not too late to steady the ship by damping the excess dead weight.

Sim Wednesday, 28 March 2018 09:20 PM

What does My3 know about policies? To safeguard his position in the SLFP he appointed MP’s who were rejected by the people and now they are calling the tune.

saman Thursday, 29 March 2018 04:19 AM

Wings are being clipped gradually!

sena* Thursday, 29 March 2018 09:21 AM

How he able to afford to face such insults,what a sin he had done to suffer like this,Sajith nicely waiting till it come to his door step,

Freddy Yong Thursday, 29 March 2018 09:50 AM

The Jokers Organization is going to start licking their wounds come dawn of 5th April. However, It would appear that the President is becoming pro-active before the 4th April battle which is good thinking.

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

President takes away CB from PM and gazettes under FM

Comments - 16

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Ranil Wickremesinghe caravan moves on despite barking dogs

Former MP Palitha Thewarapperuma dies from electrocution

Complaint lodged over Piumi Hansamali's possession of Gota’s Range Rover

SL on alert on possible genocide allegations by Canada

Two racing drivers arrested over Fox Hill tragedy

Street food vendor arrested for verbally harassing foreigner

MIRROR CRICKET

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

TODAY'S HEADLINES

No footboard riding allowed, no liability for accidents: Railways Department

Six patients claim Rs.600 million from Keheliya and others for permanent loss of sight

SLPP, UNP initiates action for forming broad alliance

Here is the way!

Pakistan lose key players for last two T20Is against New Zealand

Sri Lanka secures third spot in South Asian Kurash Championship 2024

Athapaththu back atop ICC Women’s ODI Batting Rankings

Army forms committee to probe Diyatalawa Fox Hill Supercross accident