Notifice of government servant salary increase
January 18, 2024 - 2:17 PM
State Minister for Finance Ranjith Siyambalapitiya says that the Treasury has released the money related to the 5,000 rupees allowance as the first phase of the 10,000 rupees salary increase proposed by the 2024 budget.
The minister points out that currently about 95 billion rupees are being spent on gove ment employee salaries.
The State Minister also pointed out that the money will increase by another 7 billion rupees from January and after the proposed 10,000 rupees salary increase from April, the gove ment will spend an additional 14 billion rupees.
The state minister further stated that in a situation where money printing and borrowing have stopped, the relevant amount should be saved only through cost management.
(lknws.lk)
The minister points out that currently about 95 billion rupees are being spent on gove ment employee salaries.
The State Minister also pointed out that the money will increase by another 7 billion rupees from January and after the proposed 10,000 rupees salary increase from April, the gove ment will spend an additional 14 billion rupees.
The state minister further stated that in a situation where money printing and borrowing have stopped, the relevant amount should be saved only through cost management.
(lknws.lk)
