At yesterday's Cabinet meeting, President Maithripala Sirisena is reported to have called for the abolition of the Cabinet Committee on Economic Management (CCEM) under Prime Minister Ranil Wickremesinghe.
The CCEM has been making key decisions related to the country's economy since its establishment. It has only UNP Ministers and pro-UNP advisors and has been likened to a parallel Cabinet.
Last week, the President’s Media Division in a statement said the National Economic Council (NEC) chaired by President Sirisena would present a new economic policy plan this week to address the country's key economic issues.
During the run-up to the Local Government Elections, President Sirisena also stated he aimed to take over control of the country's economic affairs through the NEC.
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Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
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