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Feb 25, 2018

State banks back under Finance ministry!

Following today’s (25) cabinet reshuffle, measures are already underway to issue a gazette notification to amend the subjects falling under the relevant ministerial portfolios, sources from the presidential secretariat say.

Under these changes, state banks are to be reinstated under the ministry of Finance, sources add.

Earlier, they were placed under the ministry of State Enterprise, which was headed by minister Kabir Hashim.

However, Lakshman Kiriella was appointed as the new cabinet minister of State Enterprise and Kandy Development in today’s cabinet reshuffle.

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