The Ministry of Finance, Economic Stabilization and National Policies ( si, මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්‍රතිපත්ති අමාත්‍යාංශය; ta, நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சு) (also known as the Finance Ministry or the Treasury) is a

cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filing ...

ministry Ministry may refer to: Government * Ministry (collective executive), the complete body of government ministers under the leadership of a prime minister * Ministry (government department), a department of a government Religion * Christian ...

of the

Government of Sri Lanka The Government of Sri Lanka (GoSL) ( si, ශ්‍රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the is ...

responsible for developing and executing the government's

public finance Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achie ...

policy,

economic policy The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the e ...

and long term fiscal planning. The Treasury is housed at the

General Treasury Building The General Treasury Building (also known as the ''Treasury'' or the ''Treasury Building'') is the building that houses the Treasury of Sri Lanka and the Ministry of Finance, Economic Stabilization and National Policies along with several of its de ...

(also referred to as ''The Secretariat'') in

Fort A fortification is a military construction or building designed for the defense of territories in warfare, and is also used to establish rule in a region during peacetime. The term is derived from Latin ''fortis'' ("strong") and ''facere'' ...

History

Although the post

Treasurer of Ceylon The Financial Secretary of Ceylon was an officer of the Ceylonese Government and member of the Board of Ministers. The Treasurer of Ceylon was one of six offices that held a seat in the Executive Council of Ceylon from 1809 to 1932. The post wa ...

of the British Government of Ceylon dates back to the early nineteenth century and was succeeded by the post of

Financial Secretary of Ceylon The Financial Secretary of Ceylon was an officer of the Ceylonese Government and member of the Board of Ministers. The Treasurer of Ceylon was one of six offices that held a seat in the Executive Council of Ceylon from 1809 to 1932. The post wa ...

under the recommendations of the

Donoughmore Commission The Donoughmore Commission (DC) was responsible for the creation of the Donoughmore Constitution in effect between 1931–47 in Ceylon (now called Sri Lanka). In 1931 there were approximately 12% Ceylonese Tamils, 12% Indian Tamils (migrant an ...

. The post of ''Ministry of Finance and the Treasury of Ceylon'' was established in 1947 under the recommendations of the

Soulbury Commission The Soulbury Commission ( si, සෝල්බරි කොමිෂන් සභාව ''Solbari Komishan Sabhawa''; ta, சோல்பரி ஆணைக்குழு), announced in 1944 was, like its predecessor, the Donoughmore Commission, a ...

under the ''Ceylon Independence Act, 1947'' and ''The Ceylon (Constitution and Independence) Orders in Council 1947''. 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.

Senior officials

* Minister of Finance, Economic Stabilization and National Policies -

Ranil Wickremesinghe Ranil Wickremesinghe ( si, රනිල් වික්‍රමසිංහ, ta, ரணில் விக்கிரமசிங்க; born 24 March 1949) is a Sri Lankan politician who is the current president of Sri Lanka since 21 July 2 ...

President President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...

Secretary to the Treasury In the United Kingdom, there are several Secretaries to the Treasury, who are Treasury ministers nominally acting as secretaries to HM Treasury. The origins of the office are unclear, although it probably originated during Lord Burghley's tenure ...

- Mr. K M Mahinda Siriwardana

Treasury departments

*Department of Project Management and Monitoring *National Planning Department *External Resources Department *National Budget Department *Public Enterprises Department *Management Services Department *Fiscal Policy Department *Trade, Tariff & Investment Policy Department *Development Finance Department *Public Finance Department *Legal Affairs Department *Treasury Operations Department *State Accounts Department *Management Audit Department.

Secretary of the Treasury

The position of Secretary to the Treasury is rooted in the post of Financial Secretary of the colonial Government of Ceylon this itself originated from the post of Treasurer of the colonial government. Appointments were made from the members of the

British Civil Service His Majesty's Home Civil Service, also known as His Majesty's Civil Service, the Home Civil Service, or colloquially as the Civil Service is the permanent bureaucracy or secretariat of Crown employees that supports His Majesty's Government, which ...

and later from the

Ceylon Civil Service The Ceylon Civil Service, popularly known by its acronym CCS, was the premier civil service of the Government of Ceylon under British colonial rule and in the immediate post-independence period. Established in 1833, it functioned as part of the ...

. It was one of three the key government colonial posts, the others being Colonial Secretary and Law Secretary. The post of Financial Secretary came second in the order precedence after Colonial Secretary or Chief Secretary as the post was known. Following independence in 1947 and the official post of Secretary of Treasury, with appointment begin of grade of an

Permanent Secretary A permanent secretary (also known as a principal secretary) is the most senior Civil Service (United Kingdom), civil servant of a department or Ministry (government department), ministry charged with running the department or ministry's day-to-day ...

and to the most senior member and head of the

. Most appointments in the recent past have been for persons who have not been the career civil servants and the post is concurrently held with that of Permanent Secretary of the Ministry of Finance. * Sir Charles Ernest Jones, CMG, CCS (29.09.1947 – 12.12.1950) *

Theodore Duncan Perera Theodore Duncan Perera, CMG (born 28 May 1895) was a Ceylonese civil servant who served as the Secretary of the Treasury from December 1950 to March 1951 and Deputy High Commissioner for Ceylon in the United Kingdom. Graduated with an LL.B. from ...

, CMG, CCS (13.12.1950 – 12.03.1951) * Sir Arthur Godwin Ranasinha, CMG,

CBE The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...

, CCS (12.04.1951 – 13.10.1954) * Leopold James Seneviratne, CCS (14.10.1954 – 14.08.1956) *

Samson Felix Amarasinghe Samson Felix Amarasinghe, OBE, CCS (7 July 1902 - 19??) was a Sri Lankan civil servant. Graduated from the Ceylon University College in 1922, with a BA degree. Amarasinghe joined the Ceylon Civil Service in 1926 by appointment of the Secretary ...

, OBE, CCS (15.08.1956 – 31.05.1961 ) *

Hamilton Shirley Amerasinghe Hamilton Shirley Amerasinghe, CCS (18 March 1913 – 4 December 1980) was a Sri Lankan diplomat and civil servant. He was High Commissioner to India and concurrently Ambassador to both Nepal and Afghanistan (1963–1967) and Permanent Secretar ...

, CCS (01.06.1961 – 10.10.1963) * H. E. Tennekoone, CCS (11.06.1963 – 18.12.1963) * H J Samarakkody,

CAS Cas may refer to: * Caș, a type of cheese made in Romania * ' (1886–) Czech magazine associated with Tomáš Garrigue Masaryk * '' Čas'' (19 April 1945–February 1948), the official, daily newspaper of the Democratic Party of Slovakia * ''CA ...

(19.12.1963 – 14.11.1968) * M. Rajendra,

(15.11.1968 – 06.05.1971) * C.A. Corray,

SLAS The Sri Lanka Administrative Service (SLAS) (Sinhala language, Sinhala: ශ්‍රී ලංකා පරිපාලන සේවය; śrī laṁkā paripālana sēvaya) is the key administrative service of the Government of Sri Lanka, with civi ...

(17.05.1971 – 01.07.1975) * Dr. L R Jayewardena (16.07.1975 – 08.03.1978) * Dr. W M Thilakeratne (28.03.1978 – 04.02.1987) * B Mahadeva (05.02.1987 – 19.07.1987) * C Chanmugam (20.07.1987 – 31.12.1988) * R. Paskaralingam (04.01.1989 – 18.01.1994) * N V K K Weragoda (19.01.1994 – 18.08.1994) * A. S. Jayawardene (19.08.1994 – 07.11.1995) * B C Perera (08.01.1996 – 31.01.1998) * Dixon Nilaweera,

(16.03.1998 – 01.11.1999) * Dr. P.B. Jayasundera (01.11.1999 – 18.12.2001) * J Charitha Ratwatte (19.12.2001 – 02.04.2004) * Dr. P.B. Jayasundera (19.04.2004 – 17.09.2008) * S Abeysinghe,

(17.09.2008 – 2009) * Dr. P.B. Jayasundera (2009 – 2015) * Dr. R.H.S Samaratunga (2015 – 2019) * S. R. Attygalle (2019 – )

References

External links

Government of Sri Lanka

Official Website of the Treasury of Sri Lanka

The Lakshman Kadirgamar Institute of International Relations and Strategic Studies

{{DEFAULTSORT:Ministry of Finance and Planning (Sri Lanka)

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

Sri Lanka, Finance

Sri Lanka Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...