July 24, Colombo: The government has decided to severely limit the expenditure of state institutions for a period of six months, according to a report in Sinhala daily Lankadeepa.
Accordingly, it is reported that the Ministry of Finance has instructed all state institutions to immediately stop incurring additional expenses.
Meanwhile, the Ministry of Finance has instructed state institutions to halt recruiting new employees, the report said.
The Ministry of Finance has taken this step in view of the drastic reduction in government revenues with the spreading of coronavirus pandemic.
Meanwhile, Finance Minister Basil Rajapaksa has summoned all provincial governors and district secretaries to Temple Trees last week and instructed them to limit spending.
The Minister of Finance has instructed them to cut the additional expenses of government institutions and not to increase the number of employees.