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Environment Minister directs GSMB to transfer Rs. 2 b to Treasury

11 Jan 2022

Environment Minister Mahinda Amaraweera has been instructed to transfer Rs. 2 billion from the revenue collected by the Geological Survey and Mines Bureau (GSMB) to the Treasury within this month, according to a media release. Minister Amaraweera has accordingly instructed the GSMB Board of Directors to transfer Rs. 2.5 billion from the revenue earned by the Bureau to the Treasury. The Minister made this announcement during a discussion with the Board of Directors last Friday (7). Accordingly, steps have already been taken to provide Rs. 2 billion under the first phase of this directive. The Minister also instructed that another Rs. 500 million be provided to the General Treasury under the second phase within this month. He also said that steps would be taken to send another Rs. 500 million to the Treasury before the end of this year. Accordingly, it is planned to provide Rs. 3 billion in the near future. The Minister also directed the GSMB to submit plans and proposals to make its work more efficient and to take steps to protect the reputation of the GSMB. He also informed the Board of Directors to expedite the relevant investigations.

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