Reply To:
Name - Reply Comment
Last Updated : 2024-05-12 22:13:00
28 April 2024 07:50 pm - 15 - {{hitsCtrl.values.hits}}
Yatiyantota, April 28 (Daily Mirror)- Steps would be taken to increase the interest rate of the Employee’s Provident Fund (EPF) from the existing 9 percent to 13 percent with effect from 2023, State Minister of Finance Ranjith Siyambalapitiya said.
He told reporters in Yatiyantota that the EPF is the largest fund in the country with 2.7 million members.
The interest paid to the EPF was reduced from 13 percent to 9 percent under the domestic debt restructuring process.
Election Incentives Sunday, 28 April 2024 10:07 PM
Obviously using the reserves they managed to accumulate these past months. Instead of paying off the debts, they can increasing the EPF interest. This will definitely change the mindsets of citizens who feel this government doesn’t care. Hope it’s maintained and also enlighten those who feel the current regime is the only choice SL has and other parties are unreliable.
Repeaters Sunday, 28 April 2024 11:28 PM
EPF is invested in treasury bills. If TB is 10 % how can EPF pay 13%. All political stunts to win elections. Send these scum bags home
Tom Monday, 29 April 2024 11:26 AM
The increase is based on profits from last year's investments
last chance Monday, 29 April 2024 04:20 AM
Sudden kindness of yours is well known to the public as the election is getting nearer and nearer. You have reduced the interest rates drastically against the deposit of senior citizens and put them in to very difficult economic situation where they are struggling to buy their day today needs. Let the election comes for us to give you all a fitting reply which will eventually end your political career.
Joshua Monday, 29 April 2024 05:26 AM
Yeah we are happy to get whatever before they are chssed away
What trick is the politican talking about increasing EPF interest rate by 2013 Monday, 29 April 2024 07:37 AM
Year 2013 is mentioned. What is going on? Next year is 2025, and what is the point of talking of increasing interest rates for a decade ago?
This is reality Monday, 29 April 2024 07:54 AM
Is it a typo that reads as effective 2013 or are we living in the past (as usual)
Nihal S Monday, 29 April 2024 08:05 AM
13% backdated to 2013, why? Nothing more than for the upcoming elections.
Mohamed Burhan Monday, 29 April 2024 08:09 AM
Mr.Minister .Good thinking. Please immediately implement. We can get a reimbursement from Provident funds paid after 55 years effective after 2013. Of course these snr citizens will vote for you definitely."action matters more than talk"
Sambo Monday, 29 April 2024 08:10 AM
By this much.
melville perera Monday, 29 April 2024 08:43 AM
Can he intervene on behalf of the retired FD investors who are deprived of a reasonable interest on whose monies the banks are investing and earning interest and the central bank imposing questionable staff salary hikes under economic restraints by IMF
Senior Citizen Monday, 29 April 2024 11:42 AM
PLEASE INCREASE THE FD RATE FOR SENIOR CITIZENS TOO AS IN THE PRESENT DAY AND AGE WE OLD FOLK ARE FINDING IT HARD TO SURVIVE WITH THE HIGH COST OF ALL AND SUNDRY .... 8% IS HARDLY ENOUGH ON OUR HARD EARNED LIFELONG SAVINGS .. HELP US PLEASE
prince kevitiyagala Monday, 29 April 2024 02:53 PM
If this is effective 2023 all those who claimed their dues after 2022 should be paid the increased interest pro Rata.i hope this happens since they are entitled for it
PEOPLE STAY STRONG AND DO NOT NOD TO ANYONE WHO TRYS TO BRIBE YOU INTO SWAYING YOUR DECISION". Monday, 29 April 2024 05:21 PM
ALL THESE PROMISES COMING BEFORE AN ELECTION, NOTHING NEW. MORE STOOGES AND OR CORRUPT POLITICIANS WILL COME OUT WITH MORE AND MORE ELECTIONS SPINS TO DUPE THE PEOPLE. TAKE NOTE, " TAKE ALL THESE PROMISES AND OR STATEMENTS WITH A GRAIN OF SALT, AS SPINS/PROMISES ARE ONLY A LAYERS OF BUTTER TO CONFUSE, ENTICE AND PULL WOOL OVER THE EYES OF THOSE VOTERS NOT IN TUNED WITH THE BIGGER PICTURE. VOTE OF EACH PERSON'S PERSONAL CIRCUMSTANCES AND THE SUFFERING EXPERIENCED THE PAST 2 DECADES AND JUSTICE WILL BE SERVED.
dinesh Monday, 29 April 2024 11:40 PM
is it April 1st ?? please don't make cheap political sound bites, understand you will not win any elections...goodbye...
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
US authorities are currently reviewing the manifest of every cargo aboard MV
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul
11 May 2024
11 May 2024
