Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka Police taken under President, all financial institutions to Finance Minister
Fri, Nov 9, 2018, 01:08 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 09, Colombo: Sri Lanka's new government has published the subject areas and functions of the Ministries in the gazette.

The assignment of Functions and Duties of the Ministers has been gazetted in the Extraordinary Gazette No. 2096/17 issued by President Maithripala Sirisena on 05th November 2018 with regard to the allocation of functions and duties and departments, state corporations for the new ministries.

According to the Extraordinary Gazette, Sri Lanka's Police Department, which was under the Ministry of Law & Order, has been brought under the purview of the Ministry of Defense. President Maithripala Sirisena is the Minister of Defense and the Commander-in-Chief of the Armed Forces.

According to the gazette notification, 42 departments, statutory institutions and state corporations have been assigned to the Finance Ministry. During the last government, these institutions were under several ministries.

During the last three years, the Central Bank was not under the Ministry of Finance. It was given to the Ministry of Economic Affairs under the Prime Minister Ranil Wickremesinghe.

The National Lotteries Board and the Development Lotteries Board were functioning under the Ministry of External Affairs. In addition, the state banks including the People's Bank and the Insurance Corporation functioned under the Ministry of Enterprise Development.

Over the last three years, number of issues cropped up since these institutions which should be under the Finance Ministry, have been functioning under various ministries.

 

ColomboPage - Recent 10 Stories ::
UNP to hold a massive rally tomorrow at Lipton Circus
President will take next steps constitutionally - Cabinet spokesman
India encourages Sri Lanka apparel industry to source material from Indian textile producers
Sri Lanka cricket star Tillakaratne Dilshan joins SLPP
Excavations of the Mannar mass grave temporarily suspended
Speaker to inform the decision of the no confidence motion to the President
Dipped Products posts Rs. 553 million PBT in 1H 2018/19
Sri Lanka Central Bank warns public to be attentive of financial scams, phishing emails
Crossed-overs return to UNP, plan to resign from ministerial posts given by President
No-confidence motion against Sri Lanka's PM Mahinda Rajapaksa passed in parliament, government has no majority

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.