Budget 2023 moots new institutions

Tuesday, 15 November 2022 01:00 - - {{hitsCtrl.values.hits}}

Following are some of new institutions proposed in 2023 Budget presented by President Ranil Wickremesinghe.

Agency for External Trade and Investment via the amalgamation of Board of Investment (BOI), Export Development Board (EDB), Sri Lanka Export Credit Insurance Corporation (SLECIC) and National Enterprise Development Authority (NEDA)
National Productivity Commission
International Trade Office to deal with all the international trade negotiations. Foreign Ministry to be renamed as Ministry of Foreign Affairs and International Trade
New Economic Zones in the Western Province, North-Western Province, Hambantota, and Trincomalee
New Department for Cinnamon Industry
Quality Assurance and Accreditation Board to ensure the quality and accreditation of degree courses conducted in universities
New medical faculty under Uva-Wellassa University
A new institution to undertake and facilitate research on the history of Sri Lanka
Data Protection Authority to regulate the processing of personal data in order to safeguard the privacy of citizens
National Operations Centre for tracking implementation issues of all development interventions
Microfinance and Credit Regulatory Authority to ensure the protection of customers of microfinance and money lending businesses
International University for Climate Change
Presidential Commission on Taxation
Presidential Commission on Public Service Reforms

Presidential Commission to reform 1.4 m employed public sector

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