Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lankan government to prepare 2015 budget proposals targeting next five years
Fri, Aug 8, 2014, 01:17 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 08, Colombo: The Sri Lankan government will formulate the 2015 budget proposals targeting the next five-year period from 2015 to 2017.

The second five-year development policy framework of the government is being implemented since 2011 with the aim of raising per-capita income continuously and transforming the island nation into a poverty free country by 2016.

The government said it focuses on a Medium Term Budgetary Framework 2015 - 2017 mainly to ensure development by creating more livelihood and employment opportunities, food security, energy security and environmental safety with particular emphasis on low income and poor families.

Sri Lankan President, in his capacity as the Minister of Finance and Planning has proposed to prepare the Budget 2015 within the Medium Term Budgetary Framework 2015 - 2017 giving priority to increase access to basic infrastructure facilities such as health, education, roads and safe drinking water in districts which are below the national average in social development, basic infrastructure facilities and economic indices.

The President has decided to seek suggestions from different stakeholders before preparing the budget.

The Cabinet of Ministers has granted approval for his proposal to proceed with the activities related to the budget.

ColomboPage - Recent 10 Stories
Sri Lanka, China leaders inaugurate Colombo Port City Project
-- [41 minutes ago]
Sri Lanka's LOLC Group acquires 60% stake in Cambodian microfinance company for US$ 20.3 million
-- [1 hour and 24 minutes ago]
Sri Lanka, China sign 27 agreements to deepen Strategic Cooperative Partnership
Sri Lanka Central Bank enters into a 3-year US$ 1.63 billion currency swap agreement with China bank
Nepal FM to arrive in Sri Lanka to hand over invitation for SAARC summit in Kathmandu
Last phase of Sri Lanka's China-built Norochcholai Power Plant commissioned
Seminar on Japanese university education for Sri Lankan students on September 20
British Deputy High Commissioner visits Sri Lanka's Eastern Province
Fuel, electricity rates reduced in Sri Lanka to appreciate China-Sri Lanka friendship
Chinese President calls for profound China-Sri Lanka friendship

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, 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 LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.