header logo
Mogo Academy
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

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.

 

 

 

MostRead
Mobitel Upahara
VideoStories
“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“AI and digital platforms reshaping global media”  'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

“Tsunami towers are not used to detect disasters” - DMC Chief bemoans lack of resources

“Tsunami towers are not used to detect disasters” - DMC Chief bemoans lack of resources

Govt exerting influence over country's judiciary – Opposition Leader accuses

Govt exerting influence over country's judiciary – Opposition Leader accuses

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Lassana Flora