Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Future decisions for Sri Lanka can only be made based on data and statistics – State Minister of Finance
Tue, Jun 6, 2023, 09:01 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 06, Colombo: Participating in the opening session of a workshop on Data-based Statistics for Administration, State Minister of Finance Shehan Semasinghe said responding successfully to challenges and shocks, Sri Lanka’s future decision-making can only be done on the basis of data and statistics.

Minister Semasinghe today inaugurated the High Level meeting on “ Unlocking the power of administrative data for producing official statistics” at the Ministry of Finance with the support and collaboration the Department of Census and Statistics has received from the United Nations Department of Economics and Social Affairs and the United Nations Statistics Division.

The State Minister of Finance Pointed out that data and statistics play a decisive role in effective policy making by highlighting challenges and effectiveness. Further he said that we live in a highly competitive world where facts compete with fake news.

“In addition, while making decisions, numbers are critical to understand where we stand and where we need to position our ourselves in the way forward and Sri Lanka’s future will be on evidence-based decision-making that will make it possible to respond adequately to internal or external shocks,” the Minister said.

Semasinghe pointed out the Lack of a commonly accessible system, that not integrated is a main cause for unavailability or underutilization of data. He emphasized that introducing a common inter-inked administrative record base with real time update should be a priority.

State Minister Semasinghe also pointed out that moving forward, if there are requirements for new laws or regulations to be introduced or amendments to the existing laws, the government is ready to facilitate such requirements.

 

ColomboPage - Recent 10 Stories ::
Seylan Credit Cards and Union Assurance join hands to offer hassle-free life insurance payment options
-- [38 minutes ago]
Three wild elephants killed after being hit by a night mail train
-- [8 hours ago]
Providing loan guarantees for the upliftment of small and medium enterprises later this year
-- [8 hours ago]
Colombo Port City investor interest grows as Colombo Port City Economic Commission delivers rapid progress in 2023
-- [9 hours ago]
ComBank conducts hackathon for staff to display problem-solving ingenuity
-- [9 hours ago]
President calls on all Muslims to come together to overcome the nation’s challenges
-- [9 hours ago]
Sri Lankan cricketer Danushka Gunathilaka found not guilty of sexual assault in Sydney
First phase of East Container Terminal of Colombo Port to start operations in June next year
PM instructs Provincial Governors to fill vacancies in the province while giving teaching appointments
Sri Lanka’s Colombo-based inflation drops to 1.3 percent in September 2023

Copyright © 2000, 2020 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.