President disbands Prime Minister headed Economic Management Committee
President Maitripala Sirisena has ordered that the Committee on Economic Management, headed by Prime Minister Ranil Wickremesinghe be disbanded and the functions of that Committee be vested in the Cabinet of Ministers, highly placed official sources told Ceylon Today.
The decision was taken at the Cabinet meeting held yesterday (27), these sources said.
These Officials were part of the Cabinet Sub-Committee on Economic Management, which included officials such as former Sri Lanka Administrative Service Officer R. Paskaralingam, former Treasury Secretary Charitha Ratwatte and Secretary of the Finance Ministry Dr. R.H.S. Samaratunga.
The President had said, the matters before this Committee affected both parties in the unity Government and therefore, it is best that they be discussed at the Cabinet meetings.
The Committee came under the Ministry of National Policies and Economic Affairs, of which Premier Wickremesinghe is the Minister in Charge, with Dr. Harsha de Silva as the State Minister.
The powerful Committee oversaw all major decisions taken by the Government with regard to the economy, particularly foreign investments, development and other matters, but had no control over the monetary policy.
(Source: Ceylon Today)
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This is a cold war; the President’s actions indicate a loss of confidence in the Prime Minister and the UNP.
The President is seeking powers to his drooping SLFP in decision making.
This will result in National Wealth being used to subsidise the price of rice, lentils and halmasso.
It is time for RW and UNP to resign from Yahapalana and walk across to the opposition.
IT is great. Most members of that committee were not economists.
You reckon members of the President’s National Economic Committee consists of Economists?
Dear Bas, the members of the NEC are kudu mudalalais !
What has NEC done for all these 2 years by following the President NEC address is the Presidential secretariat as Ranil can form a government of his own with 20 cabinet ministers and throw out the presidents policy of of not burning coal which has caused over a trillion Rs. and also throw out his addiction to solar power which has caused over several million of US $ to our country as there are about 80 Mw of solar panels fixed in our country which is the biggest fraud in our country’s history
The NEC is a bunch of wankers.
They are a bunch of ‘yes, men’ to to the disgraceful and corrupt Lilly White leader who ate hoppers, cut people’s throat and is now adorning the big chair.
As said by Lumini, the NEC are a bunch of kudu mudalali’s.