President to chair Economic Council; EC will convene every week

COLOMBO (News 1st); President Gotabaya Rajapaksa has decided to convene the Economic Council on a weekly basis with the objective of accelerating the economic growth in the country through the management of the entire economy by thoroughly discussing the local economic policies including macroeconomic 

policies, the behavior of the national economy after Covid - 19 pandemic situation, economic restructuring as well as the major development projects that directly affect the economic policies 

and financial policies of the government.

The Cabinet of Ministers decided to grant their concurrence to the measures to be taken by the President to let implement the decisions taken by the relevant Ministries, Departments and Statutory institutions when necessary subject to the approval of the Cabinet of Ministers followed by the instructions and guidance of that Board as well as to invite intellects with esteem/standard in the respective fields as required for the meetings of the Economy board.

Accordingly, the composition of the Economic Council is comprised as follows.

• His Excellency the President Gotabhaya Rajapaksha (Chairman)

• Prime Minister Mahinda Rajapaksa

• Minister of Trade Bandula Gunawardhana

• Minister of Highways Johnston Fernando

• Minister of Finance Basil Rajapaksha

• Minister of Agriculture Mahindananda Aluthgamage

• Minister of Plantation Ramesh Pathirana

• Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal

• Secretary to the President Gamini Senerath

• Secretary to the Treasury S. R. Attygalle

• Deputy Governor of the Central Bank of Sri Lanka Dhammika Nanayakkara