Requests for extra provisions upsets budget: Ravi

1 November 2016 10:05 pm - 3     - {{hitsCtrl.values.hits}}

A A A

Finance Minister Ravi Karunanayake is reported to have notified the Cabinet that there was an adverse impact on the budget deficit because of the repeated requests for additional provisions.

In a paper submitted to the Cabinet, he states that the revenue collection of the government has been lower than expected this year with the total government revenue estimated for the year being Rs.2,047 billion while the total expenditure has been Rs.2,787 billion.

According to the report submitted to the Cabinet, Rs.81 billion has been sought by the ministries in addition to the budget allocations and as a result, it is said one per cent of the total expenditure originally approved being cut. (Kelum Bandara)

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 3

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • Pamankadaya Wednesday, 02 November 2016 04:56 PM

    Real crook in the current gvt.

    kelka Wednesday, 02 November 2016 10:44 AM

    Expenditure to satisfy our ministers..Not for any remarkable investment or project. Neither to improve living standards of people. Neither for development and welfare for people.

    lkboy Wednesday, 02 November 2016 11:39 AM

    simple. just stop spending so much extravagantly on the ministers and you will save money.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Employees’ health and safety our top-most priority - Brandix

When inquired, Brandix Apparel Limited said that health and safety of employe

“Workers who fainted had water sprinkled on their faces and had to work again”

Health authorities believe the first reported Covid-19 infected worker from t

“Social media ruined us” - husband of Minuwangoda Brandix factory worker

The Minuwangoda Brandix factory worker who first tested positive for Covid-19

Last rites far from home

The body of the Sri Lankan migrant worker Bandu who died of coronavirus in Du

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.