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's missing persons commission to hand in report to President
-- [3 hours ago]
Sri Lanka steps up battle against errant traders for not passing relief measures to consumers
-- [4 hours ago]
Sri Lanka's Marxist party reiterates need to investigate alleged coup plot by former regime
-- [6 hours ago]
Indian Prime Minister to address Sri Lankan parliament during visit
-- [6 hours ago]
Sri Lankan minister says 90 percent of state revenue used on debt repayment
-- [6 hours ago]
Sri Lanka police arrest four over alleged coal import fraud
-- [6 hours ago]
Sri Lanka’s Chinese funded Port City Project temporarily suspended
Sri Lanka's national carrier losses amount to over Rs. 32 billion in 2014, up by 24%
Sri Lanka to probe previous government's payments to US lobbying firms
Sri Lanka President launches debate on National Medicinal Drug Policy in parliament

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.