President issues extraordinary gazette and takes over two govt bodies

Date:

By: Isuru Parakrama

Colombo (LNW): President Ranil Wickremesinghe has issued an extraordinary gazette taking over two government bodies under to the Ministry of Transport and Highways and the Ministry of Urban Development.

These two government institutions are:

Sahasya Investment Limited
National Equipment and Machinery Organisation

These institutions from hereon will be serving under the purview of the Ministry of Finance, Economic Stabilisation and National Policies.

The gazette also declares certain changes in the scopes of several ministries.

Share post:

spot_imgspot_img

Popular

More like this
Related

Government Probes into Rapid Expansion of Unregulated Co-operative Banks

Financial institutions mushrooming in the island without a proper oversight as...

Sri Lanka Launches Bold Crackdown to Recover Stolen Wealth

In a sweeping move to confront decades of entrenched...

Guarantee Trap: Hidden Fiscal Risks Lurking in Sri Lanka’s Debt

Sri Lanka’s growing dependence on government guarantees has turned...

Sri Lanka’s Gem Glory Dimmed by US $1 Billion Black Market

The gem and jewellery industry in Sri Lanka long...