Fri, 27 May 2022 Today's Paper

Mini Budget on Jan. 29

13 January 2015 03:47 pm - 9     - {{hitsCtrl.values.hits}}

A A A

The Mini-Budget of the new Government’s 100-day programme will be presented in Parliament on January 29 with a relief package for the people as promised in the run-up to the presidential election, Finance Minister Ravi Karunanayake said today.


The Mini-Budget of the new Government’s 100-day programme will be presented in Parliament on January 29 with a relief package for the people as promised in the run-up to the presidential election, Finance Minister Ravi Karunanayake said today.


He said while increasing the salaries of public servants, a mechanism would be introduced to increase the salaries of private sector employees who make up 83 per cent of the work force.


After assuming duties at his office at the Government Treasury complex yesterday, the minister said the mini budget would also contain proposals to reduce prices on 10 essential commodities including fuel.


“The people gave a mandate to this government to bring about a palpable change in the system of governance and for a stable economic which was drifting aimlessly. The people demanded that their tax burden be reduced because state revenue was being used for unproductive purposes. On the instructions of President Maithripala Sirisena and of Prime Minister Ranil Wickremesinghe I have been tasked to put an end to corruption and mismanagement at the Treasury with the assistance of Treasury Secretary Dr. R.H.S. Samaratunga and other Treasury officials,” the minister said.
He said this government was under a capable and professional leadership and was not a one-man show. We are committed to eliminating the feudal system which had existed up to now.  


The minister said the Maithripala administration was not looking at minimising corruption but at eliminating it fully.


“Therefore, acts such bribery, obtaining huge commissions between 20% and 50% and other forms of corruption will not be tolerated under any circumstance. Corrupt officials will be severely dealt with irrespective of their political affiliation and status. Officials need not be subservient to anyone under this administration,” he said.


The new government of President Miathripala Sirisena has vowed to be transparent and subjected to checks and balances.


“We criticised the Rajapaksa regime while in the opposition and now it is our turn to practice what we preached,” the minister said.  “The economy has collapsed. We have decided to carry out an audit inquiry to know the real financial situation of the country. I hope we will be able to know in a week. Investors have stopped coming to Sri Lanka and the immediate priority is to build confidence and motivate them to invest in Sri Lanka. What we must do is not to destroy but create,” the minister said. “The Maithripala Government is made up of all communities and under its administration there will be no discrimination against Sinhalese, Tamils, Muslims, Burghers or Malays. Decisions on all matters will be taken collectively and not by one or two people. We are on a journey to become the most vibrant and booming economy in South Asia.”  (Sandun A Jayasekera)
Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, 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.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 9

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, 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.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  • brian peterson Wednesday, 14 January 2015 09:35 AM

    do the best for the people. then they will decide what to do do next time.and manage the economy specially financial system so that people feel its benefits.

    mendis Wednesday, 14 January 2015 06:32 AM

    As a matter of priority, ensure political directors and chairperson /chairman of hatton national bank and commercial bank are replaced .this applies to the other banks too in the country

    Qatar Wednesday, 14 January 2015 09:41 AM

    "Relief package" to people?? Thought we are animals????

    godfreyp Wednesday, 14 January 2015 09:46 AM

    Best wishes for all your endeavors to uplift the economy of Sri Lanka, Pls re-introduce the Finance Committee as in the last UNP government which did a wonderful job. Best wishes once again.

    Dr. Dayaratna Silva Wednesday, 14 January 2015 09:56 AM

    Hon Minister, Congratulations and our full support. This is the important Ministry to manage Sri Lankan Economy. Build a good team which is key for the success.

    Just Another Citizen Wednesday, 14 January 2015 09:59 AM

    Everyone is awaiting a true people friendly budget, that will help us all grow and prosper with the country.

    Rasika Wednesday, 14 January 2015 11:52 AM

    Yes. We are mammals

    aagra Wednesday, 14 January 2015 01:41 PM

    yes, the previous gouvernment treated us like animals keep that in your mind

    Asoka Thursday, 15 January 2015 08:14 AM

    January, 29th Budget? How can he present in the Parliament? He must attend to courts because he violated foreign exchange regulation regarding the money( Rs.160 million) transfer deal with Raj Rajarathnam (LTTE suporter who is now jail in USA)


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




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, 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.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.


Shocking inside stories of the sugar scam

In the backdrop of former Finance Minister Ali Sabry’s proposed plan to inc

Sri Lankans stuck between hunting for essentials and fighting for good governance

Sri Lanka, a tiny South Asian nation of 22 million people, is experiencing fi

Food crisis in Sri Lanka From granary of East to barren nation

A damning revelation by the Food and Agriculture Organisation (FAO) states th

The danger of Basil Rajapaksa’s rule by proxy

Last week, I wrote that the fate of the Ranil Wickremesinghe government would