Patali appointed Chair of Economic Stabilization Sub-Committee

COLOMBO (News 1st) - MP Patali Champika Ranawaka was elected unopposed to the chairmanship of the Economic Stabilization Sub-Committee.

The relevant sub-committee hsa been formulated with the aim to introduce an economic stabilization program in Sri Lanka within a month.

MP Vajira Abeywardena, proposed the name of MP Ranawaka for the Chairmanship of the Economic Stabilization Sub-Committee, and it was seconded by MPs Naseer Ahmed and Mano Ganesan.

The first meeting of the said sub-committee was held today (07) in Parliament. 

The committee members expressed their views on the measures that can be taken for the future economic security of the country, such as developing tea cultivation, increasing milk production, restructuring agriculture, fertilizer production, tourism industry, etc.

The members also agreed to discuss with experts in various fields and submit a report to the National Council on the 20th that includes economic development proposals related to each field.

Accordingly, the members agreed to call experts on foreign exchange issues, debt restructuring, as well as officials from the Central Bank and the Ministry of Finance before the committee on the 13th to get their views.

Also, it was decided to invite experts and relevant officials in the fields of food, health, transportation, energy etc.. to the committee on the 14th to get their opinions and suggestions.

The MPs also agreed to hold the next meeting of National Council sub-committee on identifying short- and medium-term programs related to economic stabilization on the 19th.