Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Development projects worth Rs. 48 billion implemented island wide under the Gamperaliya program
Tue, Jun 18, 2019, 11:47 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 18, Colombo: Sri Lanka's Finance Minister Mangala Samaraweera says that Rs. 48 billion worth development projects are being implemented throughout the country under the Gamperaliya program.

Speaking in parliament today (June 18), Minister Samaraweera said this government has taken the real development to the village

"Human development is given priority in a modern market economy. Under our Government, true development is carried out in the villages. The country has become a workplace. The village's small-scale contractors, businessmen and village unions and associations have the opportunity to earn an income while developing their own areas and their own development."

The Minister said to overcome poverty, a program must be put in place to get out of poverty forever

"As a country despite facing many challenges, we are on the path to successful and long term development. As the Finance Minister I've faced many challenges. One side suffered a great drought other side floods. There was a political conspiracy. When faced all the challenges successfully, we faced the Easter bombing attack. The debate is on when the economy of the country is going strong despite the Easter Sunday attack."

"We have been able to establish a stable economic base over the past few years. We are now launching a socio-economic development program that will empower the masses and strengthen the economy with no personal agenda or personal benefits. We have been able to maintain inflation and unemployment at a low level at a higher level of per capita income and gross domestic product (GDP) while maintaining macroeconomic stability even after a major terrorist attack."

The minister said the professional bodies of the world have come to positive conclusions about the economy of the country.

"Over the past few months, we have received over $ 1,200 million in international aid. A few weeks ago, the World Bank provided $ 70 million for the rural development program. In addition, US $ 152 million has been allocated for three development projects. The Asian Development Bank has approved US $ 50 billion for the Enterprise Sri Lanka concept. All these international donations are not due to personal acquaintances or friendships but due to our national economic policies."

He said the country has become a workplace and 98,600 development projects have been implemented in this year alone. "We will soon provide an additional Rs. 100 million for each electorate under the next stage of Gamperaliya in addition to the Rs. 300 million allocated for each electorate. Out of this, within the next six months each electorate will be given Rs. 10 million, a total of Rs. 8 billion for the Dharamashala project to develop 800 temples and other religious places.

Government employees have not been forgotten at any time. Many of the proposals in the last budget will be implemented on July 1st. In addition to the Rs. 7800 living allowance, all public servants will be granted an interim allowance of Rs. 2500 by the end of this month.

Also, the number of chronic kidney disease patients who receive Rs. 5000 allowance is raised from 21,000 to 26,000 and the waiting list was abolished.

"After several decades fiscal surpluses were recorded last year. It is 0.6% of GDP. We expect that this will gradually reduce the accumulation of public debt over the next few years. We as a country have achieved a stable, orderly economic growth base and it is important to build future development through it."


ColomboPage - Recent 10 Stories ::
Two youths attempting to take selfie gone missing in sea
-- [9 hours ago]
Minister requests trade unions to postpone postal strike until Friday
-- [9 hours ago]
Term of Presidential Commission probing corruption and fraud extended
Paddy purchasing in Northern Province begins
UN expert to visit Sri Lanka to assess rights to freedom of peaceful assembly and of association
Sri Lanka postal workers to launch 48-hour strike from 4 pm today
Three faculties at Ruhuna University to be reopened tomorrow
Navy nabs person with over 3200 illegally harvested conch shells
CID grills former Defense Secretary Hemasiri Fernando for nine hours
National Authority on Tobacco and Alcohol Act strictly enforced island wide from today

Copyright © 2000, 2016 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.