Leader of the United National Party former Prime Minister Ranil Wickremesinghe says all private Financial Advisory Committees and Boards must be dissolved since monetary powers are vested with Parliament
Speaking in Parliament today, the former Prime Minister said everyone must unite irrespective of political alliances adding officials must also appear before Parliament to table details pertaining to finances.
Former Prime Minister Wickremesinghe requested all official statements pertaining to the economy and the country’s finances to be issued by the Minister of Finance before Parliament or at media briefings.
The former Premier said the decisions must be reached on moving forward adding increasing taxes are inevitable.
Former Premier Wickremesinghe said attention must be directed to the country’s banking system adding it would lead to a dire situation if a bank or a financial institute collapses.
The former Prime Minister said a protective net if required for the banking system.