Sri Lanka decided to further limit Government expenditure
The Sri Lankan government logo is seen at the Presidential Secretariat in Colombo, Sri Lanka, April 28, 2022. (REUTERS / Dinuka Liyanawatte)
Sri Lanka decided to further limit Government expenditure in view of the ongoing economic crisis.
Accordingly, it is reported that a special circular in this regard has also been issued.
The Sri Lanka Government has informed the Secretaries of the Ministries to strictly follow the instructions given by the Treasury regarding expenditure restraint.
It has been decided to suspend the hiring of new buildings for government offices or entering into new lease or lease agreements until further notice.
It is also stated that the approval of the Treasury should be obtained before extending the existing contracts for obtaining vehicles for government purposes.
It has also been informed to reduce the use of paper as much as possible and to carry out the necessary activities through electronic communication methods.
Latest Headlines in Sri Lanka
- Sri Lanka revises fuel prices from February 1, 2025 January 31, 2025
- Sri Lanka President pledges swift action on northern land, jobs and development January 31, 2025
- U.S. to deport 3,065 Sri Lankans amid crackdown on illegal immigrants January 31, 2025
- N.B.M. Ranatunga Resigns as NHDA Chairman January 31, 2025
- Sri Lanka Customs launches 4-day drive to clear container backlog January 31, 2025
