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Last Updated : 2024-05-13 15:11:00
17 December 2023 04:15 pm - 19 - {{hitsCtrl.values.hits}}
Badulla, Dec. 17 (Daily Mirror)- President Ranil Wickremesinghe said a decentralized budget would be allocated for each district based on the available number of seats starting next year.
He said this while attending the Special District Coordination Committee (DCC) meeting in Badulla District yesterday (16).
"Starting from the next fiscal year, the districts will receive a decentralized budget based on the available number of seats. Additionally, the Upcountry program, aimed at supporting isolated mountain villages, has commenced, with each divisional secretariat receiving 10 million. Plans are in place to incrementally increase this support," he said.
"Financial allocations to provincial councils will contribute to the overall funding available to each district. Capital expenditure at the ministry level, along with foreign aid-supported projects, will be integrated into the funding structure. President Wickremesinghe highlighted that this comprehensive approach, combining resources from various channels, aims to commence the work by July 2024," he added.
President Wickremesinghe expressed plans to establish committees at the provincial level, collaborating with district development committees. These committees, comprising district chairpersons, members and officers, will oversee development activities in their respective divisional secretariats. Provincial Council projects will be initiated through the Governor, while Central Government projects will be managed by relevant institutions.
The President anticipates commencing these initiatives by July of the upcoming year.
He highlighted the stagnation in the country's development over the past three years, citing halted projects, including highway construction. With the successful collaboration with the International Monetary Fund (IMF), development projects are set to recommence systematically. Acknowledgment from creditors, including the Paris Organization, India and China, has paved the way for renewed discussions and foreign aid.
The President expects to provide updates on projects slated for immediate commencement in the early months of the coming year.
The President outlined the financial measures for development, emphasizing the allocation of funds from the 2024 budget. This funding, collected through income tax, is crucial for the country's developmental needs. The President emphasized the need to initiate projects with dedication, acknowledging that while all projects cannot be launched in a single year, a gradual commencement is anticipated with a focus on prioritized initiatives.
Mahinda Atepattu Sunday, 17 December 2023 04:54 PM
50 years of SAPAYA!
Lk Sunday, 17 December 2023 05:04 PM
This is a good idea but Colombo and Kandy should not get a lion share ???/ Have some mechanisms to do this Make sure to into consideration the level of need ; poverty level ; unemployment and level of education and economic opportunity. Many factors should be taken into account.. Population rate and geopolitical scale and many others factors What about your project to open a university in each district. Open some factories in districts Some industries and some agricultural zone in each district according to needs and demands Make sure to have income generating projects. Make a national competition between districts in innovations; education; industrial development and technological invention and other areas
Sandy Sunday, 17 December 2023 05:49 PM
Decentralisation leads to more expenses spent to maintain the system. The areas which generate more GDP should get proportional funding .
Sokrates Sunday, 17 December 2023 06:17 PM
Then, why not a federal republic?
Johan Sunday, 17 December 2023 06:21 PM
Indirectly, is he talking about Dsitrictive system instead of Provincial system?..
Voter Sunday, 17 December 2023 06:47 PM
Even if you promise heaven and earth your reputation is already in tatters as you’re shielding robbers and criminals just for your own survival…
Kps Sunday, 17 December 2023 07:42 PM
How sure are you that you will be in power ? I thought 2024 budget was last and the final budget from you.
Sambo Sunday, 17 December 2023 07:43 PM
That's next year and if you survive the election. All the allocations made during the budget are false.
Buddhist Sunday, 17 December 2023 07:58 PM
No PC election but district funds promised. As usual this too is coming in the future and as usual Ranil's promises never materialize. Remember catching those who stole money?
Lucian Monday, 18 December 2023 01:20 AM
OK then we living in Colombo will have to travel to Jaffna to get some fuel at a reasonable price then?
Silva Monday, 18 December 2023 02:00 AM
Good initiative but the program will be as good as as those in committees, will be a waste resources if rogues in committees. Said that honest people in our country is a hard commodity to find now. God help us!!
Foxy Monday, 18 December 2023 02:11 AM
Another Foxy move by RR for the following reasons: • No district is in the same level of development as the next. This means certain districts will require more funding than the other to help ensure the ‘backward’ district is in line with the next. • If a district runs out of money or requires more for development because of the above it can be said the district minister and his cohorts mismanaged the funds provided to them. Therefore, RR and his modayas can hid behind a screen. • This will be more so for the districts in the N
Ram Monday, 18 December 2023 02:46 AM
First scrap the Provincial Councils as it has proved to be a waste. Supporting isolated mountain villages must be done after consulting expert advice. It cannot happen overnight. What appear to be happening is RW is attempting to woo the upcountry voters with this idea of development
DOT Monday, 18 December 2023 04:41 AM
A good move. What will happen to PCs ?
Mohomed Monday, 18 December 2023 06:39 AM
if you win the election??????!
Sleazy president Monday, 18 December 2023 08:32 AM
The back door president will soon have to exit through the back door.
Wickremasinghe Monday, 18 December 2023 09:04 AM
Yak, Yak, Yak. But no progress.
Sapumal Jayawickrema Monday, 18 December 2023 10:17 AM
He's not in power by next year budget. Just a talker.
Nagan Baluwikram Monday, 18 December 2023 04:39 PM
50 years Gon Katha!
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