- Last Updated on 22 January 2013
Ministry of Finance and Planning of Sri Lanka
His Excellency Mahinda Rajapaksha, President of Sri Lanka is the Minister of Finance and Planning.
The ministry is responsible for formulation of national economic and financial policies and strategies of the country. Formulation of fiscal policy and macro fiscal policy management, preparation of national development plan and management of financial resources, management of national tax policy and effective use of government revenue and coordination with the Central Bank on the formulation of monetary policies and overall macro economic management are some of its other responsibilities
In addition, the coordination of public and private sector activities and facilitation of the private sector for economic development, coordination with international agencies and mobilization of foreign resources ensuring effective use, management and accounting for the consolidate fund and publication of annual accounts of the country on international standards, overall management of revenue agencies and administrative and monitoring functions in respect of state banking and financial institutions are important functions performed by this ministry.
The team of official who support His Excellency the President for the smooth operation of the ministry includes a Deputy Minister of Finance, the Secretary to the Treasury and his deputies and a set of professionals in the respective fields including finance, economic affairs, planning, banking and administration.
A new Sri Lanka through an economic environment that facilitates rapid development and investment.
Design, propose, execute and evaluate, with efficiency and transparency, economic and fiscal policies of the country toward promoting investment and economic development to ensure quality living for the people