Home Sri Lanka Power struggle brews for Finance Ministry Secretary post
Sri Lanka

Power struggle brews for Finance Ministry Secretary post

Share
Share

A contest has emerged over the next appointment to the critical post of Secretary to the Ministry of Finance, with incumbent Mahinda Siriwardana set to step down in mid-May.

Multiple news reports stated that Russell Aponso, a close confidante of President Anura Kumara Dissanayake, is the frontrunner for the position.

However, sections of the National People’s Power (NPP) alliance are pushing for K.A. Vimalenthiraraja, a senior Finance Ministry official overseeing investment and trade policy, to be considered instead.

Meanwhile, Colombo’s business community had backed Duminda Hulangamuwa, the senior economic advisor to the President, but sources confirmed he had declined the role.

The Secretary to the Finance Ministry is key in managing Sri Lanka’s fiscal policy, international negotiations, and economic reforms.

The appointment is highly significant, as the country faces a fragile recovery and ongoing debt restructuring.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Sri Lanka

Sri Lanka’s overseas migration likely to exceed 300,000 again this year

Sri Lanka’s annual overseas migration is likely to exceed 300,000 people again...

Sri Lanka

India’s consistent assistance a model for the Indian Ocean and Indo-Pacific Regions – Lankan Envoy

As India recently announced a US$ 450 million “reconstruction package” for Sri...

Sri Lanka

Cyclone relief pushes Sri Lanka’s deficit higher, raising debt concerns

Sri Lanka’s fiscal position has weakened sharply following Parliament’s approval of a...

Sri Lanka

Sri Lanka health minister acknowledges testing limitations after contaminated drug deaths

Health Minister Dr. Nalinda Jayatissa has acknowledged that the drug testing process...