MR retains several key institutions he previously held as Finance Minister

Thameenah Razeek | Published: 2:33 PM Jul 8 2021
Local MR retains several key institutions he previously held as Finance Minister

Several institutions that were earlier placed under Finance Ministry have been gazetted under new Ministry of Economic Policies and Plan Implementation.

According to Extraordinary Gazette notification issued on Wednesday (7) PM Mahinda Rajapaksa, who is also the subject minister will have the following institutions under his purview.

  • National Planning Department
  •  Department of Census and Statistics
  • Institute of Policy Studies
  • Sustainable Development Council
  • Office of Comptroller General
  • Department of Valuation
  • Sri Lanka Accounting and Auditing
  • Standard Monitoring Board
  • Public Utilities Commission of Sri Lanka
  • Welfare Benefits Board
  • Public Service Mutual Provident Fund

This ministry will be planning and implementation of relevant policies, in order to accelerate economic development and social progress based on the National Policy Statement ‘Vistas of Prosperity and Splendour’.

The Ministry will concentrate on formulating policies on the subject of economic policies and plan implementation in accordance with the prescribed Laws, Acts, and Ordinances, implementing projects under the national budget, state Investment and National Development Programme, and formulating, implementing, monitoring, and evaluating policies, programs, and projects on the subject of economic policies and plan implementation.

The Presidential Task Force for Economic Revival and Poverty Alleviation, the Presidential Task Force for Transforming Sri Lanka into a Green Socioeconomic Economy with Sustainable Climate Change Solutions, and the Presidential Task Force for Gama Samaga Pilisandara Rural Development will be in charge of facilitating the implementation of relevant development activities while coordinating all ministries.

The special priorities are the formulation and implementation of national development programs and projects to achieve the Policy Statement's sustainable development goals, the formulation of national policies, the coordination of the state, private, and cooperative sectors to facilitate private sector participation in economic development, and the implementation of rural and regional econometric studies.

Ministry will prioritise coordination of all Ministries and other relevant institutions in directing infrastructure development, investment promotion, regulation of organic fertilizer production, and other Government flagship development programs toward the expected goals, as well as taking

Thameenah Razeek | Published: 2:33 PM Jul 8 2021

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