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 ministry 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 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 (also referred to as ''The Secretariat'') in Fort.

History

Although the post 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 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 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 President * Secretary to the Treasury - 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 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 CMG may refer to: Companies * Capitol Music Group, a music label * China Media Group, the predominant state radio and television broadcaster in the PRC * China Media Group Co., Ltd., publicly listed Chinese holding company in the media sector * ...

, CCS (29.09.1947 – 12.12.1950) * Theodore Duncan Perera,

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

, CBE, 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 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 (15.08.1956 – 31.05.1961 ) * Hamilton Shirley Amerasinghe, 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 Murugeysen Rajendra (4 July 1911 – 10 March 1991) was a leading Ceylonese civil servant. Early life Rajendra was born on 4 July 1911 in British Malaya. He was the son of Visvanathan Murugeysen, who hailed from Vaddukoddai in northern Ceylon ...

(15.11.1968 – 06.05.1971) *

C.A. Corray Deshamanya Chandana Aelian Coorey, SLAS (March 18, 1921 - ) was a Sri Lankan civil servant. He was the former Permanent Secretary of the Ministry of Finance & Treasury. Early life and education Born in Panadura to Dr Henry Coorey and his wife Pus ...

, SLAS (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 R. Paskaralingam is a Sri Lankan civil servant. He was selected in one of the last batches of the Ceylon Civil Service, before it became the Sri Lankan Administrative Service. He was a government agent, served as secretary to the Treasury (1 ...

(04.01.1989 – 18.01.1994) * N V K K Weragoda (19.01.1994 – 18.08.1994) *

A. S. Jayawardene Amarananda Somasiri Jayawardena (3 August 1936 – 29 May 2018) was a Sri Lankan economist and civil servant. He was the former Governor of the Central Bank of Sri Lanka, the permanent secretary of the Ministry of Finance & Treasury and an Altern ...

(19.08.1994 – 07.11.1995) * B C Perera (08.01.1996 – 31.01.1998) * Dixon Nilaweera, SLAS (16.03.1998 – 01.11.1999) * Dr.

P.B. Jayasundera Punchi Banda Jayasundara is a Sri Lankan economist. He was the former Secretary to the President, Gotabaya Rajapaksa and former Secretary of the Treasury on multiple occasions. Education He was a past pupil of Maliyadeva College in Kurunega ...

(01.11.1999 – 18.12.2001) * J Charitha Ratwatte (19.12.2001 – 02.04.2004) * Dr.

(19.04.2004 – 17.09.2008) * S Abeysinghe, SLAS (17.09.2008 – 2009) * Dr.

(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 ...