INSUBCONTINENT EXCLUSIVE:
The Advisory Committee appointed to assist the National Economic Council has presented five proposals that need to be implemented
the National Economic Council for the first time this morning (21) and presented the set of proposals.The President appointed a 16-member
Advisory Committee on March 15 to assist the National Economic Council in finding solutions to the prevailing economic issues.The proposals
submitted by the committee are as follows:1
Immediate appointment of a Technical Team consisting of officials representing the Central Bank and the Treasury to formulate programmes
proposing international financial assistance.2
Appointment of a financial advisor immediately and a legal advisor.3
The Technical Team should immediately come up with a reform programme to propose international financial assistance.4
Identify an expert team to assist the Finance Minister.5
Focus on confidence-building measures after solving supply related issues.The Advisory Committee further recommends that immediate and
long-term measures be taken to stabilize and strengthen the economy.Sri Lanka has to face the repercussions of the adverse impact on the
economies of many countries around the world
crisis can be solved in the short term by properly managing the challenges.Prime Minister Mahinda Rajapaksa, Ministers Basil Rajapaksa,
Bandula Gunawardana, Mahindananda Aluthgamage, Central Bank Governor Ajith Nivard Cabraal, Secretary to the President Gamini Senarath and
members of the Advisory Committee were also present.
This article first appeared/also appeared in https://adaderana.lk
