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Minister of Finance (Sri Lanka)

The Minister of Finance[1] (Sinhala: මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්‍රතිපත්ති අමාත්‍ය; Tamil: நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சர்) is an appointment in the Cabinet of Sri Lanka. The post was created in 1947 when Ceylon gained independence as Sri Lanka.

Minister of Finance of Sri Lanka
Incumbent
Ranil Wickremesinghe
since 25 May 2022
Ministry of Finance
AppointerThe President with advice of Prime Minister
Inaugural holderJunius Richard Jayewardene
Formation26 September 1947
Websitewww.treasury.gov.lk

History edit

The position of 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 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.[2] 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.

Beginning 4 April 2022, Ali Sabry was appointed as the new minister, replacing Basil Rajapaksa (brother of President Gotabaya Rajapaksa) in the position; However, due to the worsening of the financial crisis, Sabry tendered his resignation 5 April 2022, having served only a day in office;[3][4] However, Sabry later decided to continue serving in the capacity of finance minister.[5]

Prime Minister Ranil Wickremesinghe was appointed finance minister by President Gotabaya Rajapaksa. Upon assuming the Presidency himself, Wickremesinghe remained Finance Minister.[6][7]

List of Finance Ministers edit

Parties

  United National Party (10)   Sri Lanka Freedom Party (9)   Lanka Sama Samaja Party (1)   Sri Lanka Podujana Peramuna (3)

Name Portrait Party Tenure Government Ministerial title
Junius Richard Jayewardene
(1st term)
  United National Party 26 September 1947 – 13 October 1953 Don Stephen Senanayake Ministry of Finance and the Treasury of Ceylon
Dudley Senanayake
Oliver Goonetilleke
(1st term)
  United National Party 14 October 1953 – 30 June 1954 John Kotelawala
M. D. H. Jayawardena   United National Party 1 July 1954 – 18 February 1956 Ministry of Finance
Stanley de Zoysa   Sri Lanka Freedom Party 12 April 1956 – 22 November 1959 S. W. R. D. Bandaranaike
Wijeyananda Dahanayake
M. M. Mustapha   Sri Lanka Freedom Party 22 November 1959 – 5 December 1959
Oliver Goonetilleke
(2nd term)
  United National Party 21 March 1960 – 23 April 1960 Dudley Senanayake
J. R. Jayewardene
(2nd term)
  United National Party 24 April 1960 – 20 July 1960
Felix Dias Bandaranaike
(1st term)
  Sri Lanka Freedom Party 21 July 1960 – 24 August 1962 Sirimavo Bandaranaike
C. P. de Silva   Sri Lanka Freedom Party 28 August 1962 – 8 November 1962
P. B. G. Kalugalla   Sri Lanka Freedom Party 9 November 1962 – 10 May 1963
T. B. Ilangaratne   Sri Lanka Freedom Party 29 May 1963 – 10 June 1964
N. M. Perera
(1st term)
  Lanka Sama Samaja Party 11 June 1964 – 17 December 1964
U. B. Wanninayake   United National Party 27 March 1965 – 25 March 1970 Dudley Senanayake
N. M. Perera
(2nd term)
  Lanka Sama Samaja Party 10 May 1970 – 2 September 1975 Sirimavo Bandaranaike
Felix Dias Bandaranaike
(2nd term)
  Sri Lanka Freedom Party 3 September 1975 – 18 May 1977
Ronnie de Mel   United National Party 23 July 1977 – 18 January 1988 Junius Richard Jayewardene
M. H. M. Naina Marikar   United National Party 18 January 1988 – 3 January 1989 Ranasinghe Premadasa
Dingiri Banda Wijetunga   United National Party 18 February 1989 – 31 August 1994
Dingiri Banda Wijetunga
Chandrika Kumaratunga   Sri Lanka Freedom Party 30 September 1994 – 5 December 2001
Chandrika Kumaratunga
K. N. Choksy   United National Party 12 December 2001 – 2 April 2004
Sarath Amunugama   Sri Lanka Freedom Party 14 April 2004 – 22 November 2005
Mahinda Rajapaksa   Sri Lanka Freedom Party 23 November 2005 – 9 January 2015 Mahinda Rajapaksa
Ravi Karunanayake   United National Party 12 January 2015 – 22 May 2017 Maithripala Sirisena
Mangala Samaraweera   United National Party 22 May 2017 - 17 November 2019
Mahinda Rajapaksa   Sri Lanka Podujana Peramuna 22 November 2019 – 8 July 2021 Gotabaya Rajapaksa
Basil Rajapaksa   Sri Lanka Podujana Peramuna 8 July 2021 – 4 April 2022
Ali Sabry   Sri Lanka Podujana Peramuna 4 April 2022 – 9 May 2022
Ranil Wickremesinghe   United National Party 25 May 2022 – Present
Ranil Wickremesinghe

List of Parliamentary secretaries edit

Deputy ministers edit

See also edit

References edit

  1. ^ "Extra Gazette No. 2281/41 of 27.05.2022 (Duties and Functions)" (PDF). documents.gov.lk. Retrieved 2022-06-10.
  2. ^ "1942 Ferguson's Ceylon Directory". Ferguson's Directory. Retrieved 30 July 2021.
  3. ^ "Sabry appointed as Sri Lanka's finance minister". Reuters. 4 April 2022. Retrieved 5 April 2022.
  4. ^ "Sri Lanka's finance minister resigns a day after being sworn in - letter". Reuters. 5 April 2022. Retrieved 5 April 2022.
  5. ^ "Sri Lankan Finance Minister Who Quit After A Day Returns To Position". New Delhi Television Ltd. 8 April 2022. Retrieved 11 April 2022.
  6. ^ "Sri Lanka PM Ranil Wickremesinghe appointed Finance Minister by President Gotabaya Rajapaksa". The Hindu. PTI. 2022-05-25. ISSN 0971-751X. Retrieved 2022-08-10.{{cite news}}: CS1 maint: others (link)
  7. ^ "Sri Lanka president expected to keep finance portfolio - source". Reuters. 2022-07-22. Retrieved 2022-08-10.

External links edit

  • Official Website of the Treasury of Sri Lanka

minister, finance, lanka, this, article, includes, list, general, references, lacks, sufficient, corresponding, inline, citations, please, help, improve, this, article, introducing, more, precise, citations, december, 2019, learn, when, remove, this, template,. This article includes a list of general references but it lacks sufficient corresponding inline citations Please help to improve this article by introducing more precise citations December 2019 Learn how and when to remove this template message The Minister of Finance 1 Sinhala ම දල ආර ථ ක ස ථ ය කරණ සහ ජ ත ක ප රත පත ත අම ත ය Tamil ந த ப ர ள த ர ந ல ப பட த தல மற ற ம த ச ய க ள க கள அம ச சர is an appointment in the Cabinet of Sri Lanka The post was created in 1947 when Ceylon gained independence as Sri Lanka Minister of Finance of Sri LankaIncumbentRanil Wickremesinghesince 25 May 2022Ministry of FinanceAppointerThe President with advice of Prime MinisterInaugural holderJunius Richard JayewardeneFormation26 September 1947Websitewww wbr treasury wbr gov wbr lk Contents 1 History 2 List of Finance Ministers 3 List of Parliamentary secretaries 4 Deputy ministers 5 See also 6 References 7 External linksHistory editThe position of 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 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 2 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 Beginning 4 April 2022 Ali Sabry was appointed as the new minister replacing Basil Rajapaksa brother of President Gotabaya Rajapaksa in the position However due to the worsening of the financial crisis Sabry tendered his resignation 5 April 2022 having served only a day in office 3 4 However Sabry later decided to continue serving in the capacity of finance minister 5 Prime Minister Ranil Wickremesinghe was appointed finance minister by President Gotabaya Rajapaksa Upon assuming the Presidency himself Wickremesinghe remained Finance Minister 6 7 List of Finance Ministers editParties United National Party 10 Sri Lanka Freedom Party 9 Lanka Sama Samaja Party 1 Sri Lanka Podujana Peramuna 3 Name Portrait Party Tenure Government Ministerial titleJunius Richard Jayewardene 1st term nbsp United National Party 26 September 1947 13 October 1953 Don Stephen Senanayake Ministry of Finance and the Treasury of CeylonDudley SenanayakeOliver Goonetilleke 1st term nbsp United National Party 14 October 1953 30 June 1954 John KotelawalaM D H Jayawardena nbsp United National Party 1 July 1954 18 February 1956 Ministry of FinanceStanley de Zoysa nbsp Sri Lanka Freedom Party 12 April 1956 22 November 1959 S W R D BandaranaikeWijeyananda DahanayakeM M Mustapha nbsp Sri Lanka Freedom Party 22 November 1959 5 December 1959Oliver Goonetilleke 2nd term nbsp United National Party 21 March 1960 23 April 1960 Dudley SenanayakeJ R Jayewardene 2nd term nbsp United National Party 24 April 1960 20 July 1960Felix Dias Bandaranaike 1st term nbsp Sri Lanka Freedom Party 21 July 1960 24 August 1962 Sirimavo BandaranaikeC P de Silva nbsp Sri Lanka Freedom Party 28 August 1962 8 November 1962P B G Kalugalla nbsp Sri Lanka Freedom Party 9 November 1962 10 May 1963T B Ilangaratne nbsp Sri Lanka Freedom Party 29 May 1963 10 June 1964N M Perera 1st term nbsp Lanka Sama Samaja Party 11 June 1964 17 December 1964U B Wanninayake nbsp United National Party 27 March 1965 25 March 1970 Dudley SenanayakeN M Perera 2nd term nbsp Lanka Sama Samaja Party 10 May 1970 2 September 1975 Sirimavo BandaranaikeFelix Dias Bandaranaike 2nd term nbsp Sri Lanka Freedom Party 3 September 1975 18 May 1977Ronnie de Mel nbsp United National Party 23 July 1977 18 January 1988 Junius Richard JayewardeneM H M Naina Marikar nbsp United National Party 18 January 1988 3 January 1989 Ranasinghe PremadasaDingiri Banda Wijetunga nbsp United National Party 18 February 1989 31 August 1994Dingiri Banda WijetungaChandrika Kumaratunga nbsp Sri Lanka Freedom Party 30 September 1994 5 December 2001Chandrika KumaratungaK N Choksy nbsp United National Party 12 December 2001 2 April 2004Sarath Amunugama nbsp Sri Lanka Freedom Party 14 April 2004 22 November 2005Mahinda Rajapaksa nbsp Sri Lanka Freedom Party 23 November 2005 9 January 2015 Mahinda RajapaksaRavi Karunanayake nbsp United National Party 12 January 2015 22 May 2017 Maithripala SirisenaMangala Samaraweera nbsp United National Party 22 May 2017 17 November 2019Mahinda Rajapaksa nbsp Sri Lanka Podujana Peramuna 22 November 2019 8 July 2021 Gotabaya RajapaksaBasil Rajapaksa nbsp Sri Lanka Podujana Peramuna 8 July 2021 4 April 2022Ali Sabry nbsp Sri Lanka Podujana Peramuna 4 April 2022 9 May 2022Ranil Wickremesinghe nbsp United National Party 25 May 2022 PresentRanil WickremesingheList of Parliamentary secretaries editHerbert Eric Jansz 17 05 1948 10 09 1950 Louis Lucien Hunter 20 09 1950 02 04 1952 Louis Lucien Hunter 02 06 1952 29 04 1953 M D H Jayawardena 19 10 1953 01 07 1954 U B Wanninayake 01 07 1954 27 04 1955 Chandradasa Wijesinghe 25 04 1956 10 09 1958 Nimal Karunatilake 18 11 1958 19 05 1959 Meeralebbe Poddy Mohamed Mustapha 25 06 1959 22 11 1959 Dayasena Pasqual 22 11 1959 05 12 1959 George Rajapaksa 29 07 1960 20 06 1962 R S V Poulier 28 08 1962 06 05 1963 Mudiyanse Tennakoon 30 05 1963 12 03 1964 James Peter Obeyesekere III 22 06 1964 17 12 1964 Noel Wimalasena 29 03 1965 25 03 1970Deputy ministers editNeal de Alwis 01 10 1975 04 02 1977 Festus Perera 23 07 1977 05 02 1978 M H M Naina Marikar 06 02 1978 19 01 1988 John Amaratunga 19 01 1988 09 01 1989 Harold Herath 18 02 1989 28 03 1999 Harold Herath 30 03 1990 15 08 1994 Jeyaraj Fernandopulle 01 09 1994 12 11 1994 G L Peiris 24 11 1994 09 08 2000 G L Peiris 16 08 2000 10 10 2000 G L Peiris 25 11 2000 13 09 2001 S B Dissanayake 25 11 2000 13 09 2001 Mangala Samaraweera 14 09 2001 07 12 2001 Bandula Gunawardane 12 12 2001 07 02 2004 Ranjith Siyambalapitiya 14 04 2004 26 04 2010 Sarath Amunugama 17 01 2009 26 04 2010 Chandrasiri Gajadeera 27 04 2010 21 11 2010 Sarath Amunugama 10 05 2010 21 11 2010 Gitanjana Gunawardena 26 11 2010 2015 Ajith Nivard Cabraal 2020 2021See also editMinistry of Finance Economic Stabilization and National PoliciesReferences edit Extra Gazette No 2281 41 of 27 05 2022 Duties and Functions PDF documents gov lk Retrieved 2022 06 10 1942 Ferguson s Ceylon Directory Ferguson s Directory Retrieved 30 July 2021 Sabry appointed as Sri Lanka s finance minister Reuters 4 April 2022 Retrieved 5 April 2022 Sri Lanka s finance minister resigns a day after being sworn in letter Reuters 5 April 2022 Retrieved 5 April 2022 Sri Lankan Finance Minister Who Quit After A Day Returns To Position New Delhi Television Ltd 8 April 2022 Retrieved 11 April 2022 Sri Lanka PM Ranil Wickremesinghe appointed Finance Minister by President Gotabaya Rajapaksa The Hindu PTI 2022 05 25 ISSN 0971 751X Retrieved 2022 08 10 a href Template Cite news html title Template Cite news cite news a CS1 maint others link Sri Lanka president expected to keep finance portfolio source Reuters 2022 07 22 Retrieved 2022 08 10 External links editList of Ministers and Deputy Ministers Government of Sri Lanka Official Website of the Treasury of Sri Lanka Retrieved from https en wikipedia org w index php title Minister of Finance Sri Lanka amp oldid 1190479288, wikipedia, wiki, book, books, library,

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