Govt. requests entrepreneurs to utilize hidden funds
In the Budget speech, Prime Minister Mahinda Rajapaksa today requested all entrepreneurs to utilize the funds hidden locally or internationally for the benefit of the country. Read More »
Estimated govt. expenditure for 2021 is Rs.3,525bn; deficit Rs.1,564bn
Prime Minister Mahinda Rajapaksa said the estimated government expenditure for the year 2021 is Rs. 3,525 billion. He said the estimated revenue for the year 2021 is Rs. 1,961 billion and as such the Read More » Non-executive govt. employees allowed to engage in other jobs after office hours
Permission will be granted for non-executive employees of the public service to engage in other jobs or employment after office hours, Prime Minister Mahinda Rajapaksa said in the Budget speech. Read More »
Retiring age for both female & male employees extended to 60
The retiring age for female and male private sector employees to be extended to 60. Earlier, female employees were required to retire at an early age than their male counterparts. Read More »
Tourism, foreign & commercial activities of Port City to commence in 2021: PM
Prime Minister Mahinda Rajapaksa said tourism, foreign and commercial activities of the first phase of the Colombo Port City is scheduled to be commenced in 2021. Read More » Govt. expects economic growth of 5.5% for 2021
The Government said it expects an economic growth rate of 5.5 percent for 2021. In his Budget speech, the Prime Minister said it is the government’s medium term vision to reduce the budget gap through Read More » Budget 2021: Single-use polythene, plastic to be banned from 2021
The use of single-use polythene and plastic productions would be banned from January 1, 2021, Prime Minister Mahinda Rajapaksa said. Read More » 