Minister_of_Finance_and_Economic_Affairs_(Sri_Lanka)

Minister of Finance (Sri Lanka)

Minister of Finance (Sri Lanka)

Cabinet post in Sri Lanka

The Minister of Finance[1] (Sinhala: මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්‍රතිපත්ති අමාත්‍ය; Tamil: நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சர்) is an appointment in the Cabinet of Sri Lanka. The post was created in 1947 when Ceylon gained independence as Sri Lanka.

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History

The position of Treasurer of Ceylon of the British Government of Ceylon dates back to the early nineteenth century and was succeeded by the post of Financial Secretary of Ceylon under the recommendations of the Donoughmore Commission. The post of Ministry of Finance and the Treasury of Ceylon was established in 1947 under the recommendations of the Soulbury Commission under the Ceylon Independence Act, 1947 and The Ceylon (Constitution and Independence) Orders in Council 1947.[2] A young J.R Jayawardena, became the first Minister of Finance of independence Ceylon. Over time the Ministry took over the policy planning which it currently undertakes.

Beginning 4 April 2022, Ali Sabry was appointed as the new minister, replacing Basil Rajapaksa (brother of President Gotabaya Rajapaksa) in the position; However, due to the worsening of the financial crisis, Sabry tendered his resignation 5 April 2022, having served only a day in office;[3][4] However, Sabry later decided to continue serving in the capacity of finance minister.[5]

Prime Minister Ranil Wickremesinghe was appointed finance minister by President Gotabaya Rajapaksa. Upon assuming the Presidency himself, Wickremesinghe remained Finance Minister.[6][7]

List of Finance Ministers

Parties

  United National Party (10)   Sri Lanka Freedom Party (9)   Lanka Sama Samaja Party (1)   Sri Lanka Podujana Peramuna (3)

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List of Parliamentary secretaries

Deputy ministers

See also

References

  1. [1]
    "Extra Gazette No. 2281/41 of 27.05.2022 (Duties and Functions)" (PDF). documents.gov.lk. Retrieved 2022-06-10.
  2. [2]
    "1942 Ferguson's Ceylon Directory". Ferguson's Directory. Retrieved 30 July 2021.
  3. [3]
    "Sabry appointed as Sri Lanka's finance minister". Reuters. 4 April 2022. Retrieved 5 April 2022.
  4. [4]
    "Sri Lanka's finance minister resigns a day after being sworn in - letter". Reuters. 5 April 2022. Retrieved 5 April 2022.
  5. [5]
    "Sri Lankan Finance Minister Who Quit After A Day Returns To Position". New Delhi Television Ltd. 8 April 2022. Retrieved 11 April 2022.
  6. [6]
    "Sri Lanka PM Ranil Wickremesinghe appointed Finance Minister by President Gotabaya Rajapaksa". The Hindu. PTI. 2022-05-25. ISSN 0971-751X. Retrieved 2022-08-10.
  7. [7]
    "Sri Lanka president expected to keep finance portfolio - source". Reuters. 2022-07-22. Retrieved 2022-08-10.
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