EconomyNext

Oct 4 • 16 tweets • 21 min read

Stay tuned on the thread below.

#SLNews #LKA #CabinetSL #SriLanka

@BandulaDr says the @RW_UNP is broadening the lunch project for school children and 51 percent in the student community there will be food security. The president has increased the budget of the project by 4 billion rupees.

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

The Government annually implements the school lunch program aiming at 1.08 million students in 7,926 schools spending Rs. 4 billion says @BandulaDr.

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

In 2021, 1268 billion rupees is the tax income and from that salary 1115 billion rupees, from the total tax revenue 86pct is salary and pension - @BandulaDr

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

My personal opinion is in order to supervise all the SOE, in other countries it is being done by the private sector. So they do not need a big portfolio of ministers. - @BandulaDr

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

In my portfolio there are many subjects, so I think in order to supervise all those departments in the ministry there should be state ministers. - @BandulaDr

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

I think it will be a big help if we can export Cannabis, as a medicinal drug at a time of severe economic crisis. -@BandulaDr

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

There was a discussion regarding the rubber milk prices reducing. And @DrRameshLK said, he would intervene and stop rubber milk importation and give opportunity to the locally produced rubber milk.

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

To improve the tourism or the investments, Sri Lanka should be a place of no violence. It may have been that the reason for the implementation of high Security zones. - @BandulaDr

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

But the #President and the government think the general population must be informed in a different way and implement laws to protect the basic rights of the general public. - @BandulaDr

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

Age of Retirement of employees in State-Owned Enterprises (SOEs) is 60 years and has been approved by @CabinetSL and will come into effect from January 01 2023.

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

A procurement of 40,000 metric tons of Muriate of Potash (MOP) for the Maha Season for 2022 and 2023 has been approved utilizing funds amounting to US$ 50 million provided by the Asian Development Bank (@ADB_HQ).

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

Cabinet approval has been granted previously to amend Sections 47 and 57 of the Customs
Ordinance and Section 3 of the Protection of Government Revenue (Special Provisions)
Act No.1 of 2006.

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

State Accounts Committee has pointed out the need for revising Section 153 of the Customs Ordinance as the Government revenue from the confiscation of goods and imposition of penalties has been significantly decreased.

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

The total Recurrent Expenditure for the Year 2023 has been estimated as Rs. 4,634 billion while total Capital Expenditure has been estimated at Rs. 3,245 billion.

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

Decisions of the Cabinet of Ministers taken at their meeting held on 03.10.2022

#SriLanka #SLNews #LKA #EconomicCrisisLK @CabinetSL

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