Press briefing of Cabinet Decision taken on 2023-05-02

Banking (Special Provisions) Bill

- The Cabinet at its meeting held on 2022‑11‑21 has granted approval to draft the Banking (Special Provisions) Bill. Accordingly, the clearance of the Attorney General has been received to the Bill prepared by the Legal Draftsman. As such the proposal made by the Hon. President in his capacity as the Minister of Finance, Economic Stabilization and National Policies to publish the said Bill in the Government Gazette and submit the same, thereafter to Parliament for approval, was approved by the Cabinet.