header logo
Vallibel FD
Mogo Academy
Selan Bank
Latest
President cannot take control of economy from UNP - G.L.
Jan 24, 201804:56 PM
President cannot  take control of economy from UNP - G.L.
Mobitel inner 1278

In a situation where the ministries related to finance and economy are being controlled by Ministers of  UNP,   President Sirisena has no authority to manipulate or manage the economic affairs of the country as per the constitution , said former parliamentarian G. L. Peiris.

 

He made this sentiment at a media briefing of Sri Lanka Podujana Peramuna (SLPP) held in Colombo today (24).

 

“The President recently made a statement without any hesitation that he will take responsibility for all the economic affairs which were in the hands of the UNP for the last three years. He has now awakened from his three year slumber and making statements.”

 

“However all the weak points of the economy including the Ministry of Finance, Ministry of Development Strategies and International Trade and Ministry of National Policies and Economic Affairs are in the hands of senior UNP ministers.”

 

Therefore, Peiris pointed out that President should take over those Ministries from the UNP MPs if he is willing to take control over the economy.
“Otherwise he has no power to do so as per the constitution,” said Peiris.

 

President Maithripala Sirisena said he would directly manage the economy through a special economic council headed by him, taking over the responsibility from the Prime Minister and the UNP during a political rally of the UPFA on January 20.  

 

Sirisena joined hands with the UNP to topple Mahinda Rajapaksa  in January 2015, ending the strongman president’s decade in power.

 

But since then their alliance has fractured, with Sirisena clashing with free-market champion Wickremesinghe over economic policy.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Namal remanded again in two cases;  CIABOC tells court illicit funds were used for Krrish project

Namal remanded again in two cases; CIABOC tells court illicit funds were used for Krrish project

Metro takes another step forward:  112 more buses added to service as President joins launch

Metro takes another step forward: 112 more buses added to service as President joins launch

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

“Have built a nation where law applies regardless of status” No one is above the law, President says

“Have built a nation where law applies regardless of status” No one is above the law, President says

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Ex-Deputy Minister Sarana Gunawardena’s wife remanded over bribery charges

Ex-Deputy Minister Sarana Gunawardena’s wife remanded over bribery charges

Sri Lanka’s Parliament approves 22nd Amendment to Constitution with a special majority

Sri Lanka’s Parliament approves 22nd Amendment to Constitution with a special majority

Colombo International Book Fair 2026 Inaugurated at BMICH by Prime Minister

Colombo International Book Fair 2026 Inaugurated at BMICH by Prime Minister

Ajith P. Perera says hasty amendments cannot create new political culture

Ajith P. Perera says hasty amendments cannot create new political culture

Dilith Jayaweera urges MPs to vote according to conscience on 22nd Amendment

Dilith Jayaweera urges MPs to vote according to conscience on 22nd Amendment

Sri Lanka’s rating upgrade reflects continued progress

Sri Lanka’s rating upgrade reflects continued progress

Lassana Flora