Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka government has decided to limit recurrent costs, trade unions say
Sun, Dec 16, 2012, 02:01 pm SL Time, ColomboPage News Desk, Sri Lanka.

Dec 16, Colombo: Sri Lanka trade unions say that the government has taken steps to cut all the public employees' allowances except salaries severely burdening the public employees with a financial crisis.

Trade unions say that the Secretary of the Ministry of Finance Dr. P.B. Jayasundara has instructed the secretaries of the Ministries to be extremely thrifty at a meeting held on December 11 at the Ministry of Finance.

According to reports, the Secretary of the Ministry of Finance has instructed the Ministry secretaries to pay only the salaries of the public employees and slash the other recurrent costs like overtime, extra allowances and fuel allowance.

According to the trade unions the government has taken this step due to the increase of overdraft of the state current accounts over 200 billion rupees.

The heads of the Bank of Ceylon and the People's Bank have warned the government regarding the phenomenon, trade unions said.

ColomboPage - Recent 10 Stories
VAT Amendment Bill passed in Sri Lanka Parliament
-- [1 hour and 33 minutes ago]
Doing business getting easier in Sri Lanka in 2017
-- [2 hours ago]
Sri Lankan government dedicated to strengthen the human rights of all - Speaker
-- [2 hours ago]
Dr. Patrick Dixon, Europe's leading futurist to address Lankan CEOs
Vibrant media culture and media freedom thrive in Sri Lanka under this government, President says
Second post-mortem conducted on the exhumed body of Army intelligence officer who committed suicide
Another group of 40 Sri Lankan Tamil refugees in Tamil Nadu camps returning home Thursday
US Bureau of Democracy, Human Rights and Labor funds $ 500,000 grant for strengthening civil society in Sri Lanka
Judge government by its actions not by statements - Foreign Minister
State Trading Corporation opens eighth showroom in the East

Copyright © 2000, 2012 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.