Ministerial portfolio of Finance Minister Basil Rajapaksa

Ministerial portfolio of Finance Minister Basil Rajapaksa

Ministerial portfolio of Finance Minister Basil Rajapaksa

Written by Pavani Hapuarachchi

08 Jul, 2021 | 10:41 am

COLOMBO (News 1st): Basil Rajapaksa was sworn in as the Minister of Finance before President Gotabaya Rajapaksa, on Thursday morning (Jul. 08).

As per an extraordinary gazette issued by President Gotabaya Rajapaksa on Wednesday (Jul. 07), the Ministry of Finance which came under the purview of Prime Minister Mahinda Rajapaksa jointly with Minister of Buddhasasana, Religious & Cultural Affairs and Minister of Urban Development & Housing will now function as a separate Ministry.

Accordingly, the following Departments, Statutory Institutions, and Public Corporations are among the related Institutional and Legal Framework of the Finance Ministry under Basil Rajapaksa.

01. Treasury Affairs:
– General Treasury
– Department of Fiscal Policy
– Department of National Budget
– Department of Management Services
– Department of External Resources
– Department of Public Finance
– Department of Treasury Operations
– Department of Public Accounts
– Department of Trade and Investment Policies
– Department of Information Technology Management
– Department of Legal Affairs
– Department of Management Auditing
– Department of Development Finance

02. Government Revenue Management Affairs:
– Department of Inland Revenue
– Sri Lanka Customs
– Department of Excise
– National Lotteries Board
– Development Lotteries Board
– Import and Export Control Department

03. Bank Financial and Capital Market Policies and Regulatory Affairs:
– Central Bank of Sri Lanka
– All State Banks, Financial, Insurance and their subsidiaries and related institutions
– Sri Lanka Insurance Board
– Sri Lanka Insurance Corporation and its subsidiaries and affiliated companies
– Credit Information Bureau
– Department of Registrar Companies
– Security and Exchange Commission of Sri Lanka
– Sri Lanka Export Credit Insurance

04. Provision of Funds:
– Lady Lochore Fund
– Strike, Riot, Civil Commotion and Terrorism Fund
– National Insurance Trust Fund
– Employees’ Trust Fund
– Shrama Vasana Fund
– National Health Development Fund
– Kidney Fund
– Tea Shakthi Fund
– Kapruka Fund
– Public Service Pensioners’ Trust Fund
– Buddha Sasana Fund
– Buddhist Renaissance Fund
– Skills Development Fund Ltd.
– Local Loans and Development Fund
– Inventors’ Fund
– Thurusaviya Fund
– Central Cultural Fund

05. Institutions to be liquidated or amalgamated with other Institutions:
– Department of Telecommunications
– Wildlife Trust
– Sri Lanka Media Training Institute
– Internal Trade Department
– Pulse Crops, Grain Research and Production Authority
– Janatha Fertilizer Enterprises Ltd
– Protection of Children National Trust Fund

MEANWHILE…

Prime Minister Mahinda Rajapaksa was sworn in as the new Minister of Economic Policies and Plan Implementation before President Gotabaya Rajapaksa today (Jul. 08).

The Ministry of Economic Policies and Plan Implementation was also established through the extraordinary gazette issued by President Gotabaya Rajapaksa on Wednesday (Jul. 07).

 

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