Jayasundera likely Presidential Advisor

By Bandula Sirimanna

Treasury Secretary Dr. P.B. Jayasundera who resigned on Wednesday after weeks of speculation about his future following the Supreme Court severely criticising him in the privatisation of Lanka Marine Services Ltd., (LMSL) was expected to be appointed presidential advisor on finance and continue involvement in the budget-making process.

Jayasundera Abeysinghe

s“He would be involved in the budget,” one source said. Dr Jayasundera’s resignation was accepted by President Mahinda Rajapaksa after he completed most of the budget preparations, the source said. The President appointed Treasury Deputy Secretary, Sumith Abeysinghe as Secretary of Finance and the Treasury. Mr. Abeysinghe is due for retirement when he reaches 60 years in November but the source said he is most likely to get an extension in the new position. Mr Abeysinghe is the only Treasury official to move up the ranks and be appointed to this post in the past two decades. Earlier this post was held by Mr B.C. Perera, Mr R.Paskaralingam Mr A.S. Jayawardane, Mr Charitha Ratwatte and Dr Jayasundera – all of who came from outside the Treasury.

The new Secretary holds a Bachelor of Arts (Hons.) Degree in Geography (Sri Lanka), and a Masters Degree in Economics (University of New England, Australia). He previously held senior positions in the Finance and Planning Ministry such as Director-General of National Budget, and Director of Fiscal Policy and Economic Affairs.

Top to the page  |  E-mail  |  views[1]
Other News Articles
Foreign Ministry expenditure slashed
Crash, bang: Those beyond the law
CPC mishandling: Low oil price won’t benefit Lankans
Massive census today of people from North
Dress rehearsal for ‘moral police’
Lankan HC damaged in deadly Pak blast
SLTB bus bomb blast heroes say they will keep on work ing
Children of Maligawatte reach out to children of the north
Fright over kevun and kokis
Act on key issues, health minister told
FM includes family in New York visit
15 in President’s UN team
Bogollagama the lawyer defrocked
Jayasundera likely Presidential Advisor
The Sunday Times settle dispute with shooting coach
Man with many complaints against police shot dead
Act amendment to precede local polls
British policy on Lanka angers Tamils
Predators in Paradise City
Poverty stares chena farmers hit by bullet and jungle ban
Mystery surrounds disappearance of five youths
UN-bound President at London Vihara
Police probe on fatal burning of student
Health alert intensifies as rat fever escalates
Jellyfish exports need checking
Why Tamil-Muslim unity crucial for peace


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2008 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution