- The 2025 Budget proposed to introduce a new Act to achieve the objectives of preventing arbitrary nationalization of private assets including enterprises and properties, establishing an Investment Protection Council as an effective alternative dispute resolution mechanism and ensuring policy stability and predictability for investors. Accordingly, an Officials’ Committee has been appointed to prepare a Concept Paper for the preparation of a Bill. The proposal made by the Hon. President, in his capacity as the Minister of Finance, Planning and Economic Development, to instruct the Legal Draftsman to prepare a Bill, based on the Concept Paper prepared by the said Committee, was approved by the Cabinet.