Co-Cabinet Spokesman Minister Rajitha Senaratne today denied that the Cabinet Committee on Economic Management (CCEM) had been abolished by President Maithripala Sirisena, but hinted that its power had been reduced.
Addressing the weekly Cabinet media briefing, Minister Senaratne claimed the National Economic Council (NEC) under President Sirisena would take decisions related to major development projects in the country. The CCEM meanwhile, would handle functions normally given to Cabinet Sub Committees regarding other projects.
He claimed both the President and Prime Minister were in agreement over this.
There are reports that at yesterday's Cabinet meeting, President Sirisena once again, moved a proposal to abolish the CCEM, which functions under Prime Minister Ranil Wickremesinghe. The President had advised that the CCEM be abolished on an earlier occasion as well.
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