Home Sri Lanka Samarasinghe highlights record salary increase after taking over ‘bankrupt nation’
Sri Lanka

Samarasinghe highlights record salary increase after taking over ‘bankrupt nation’

Share
Share

Minister of Trade, Commerce, Food Security, and Cooperative Development, Wasantha Samarasinghe, announced in Parliament on Tuesday (04) that his government, which took over a bankrupt country five months ago, has implemented the largest salary increase in public service history. 

The salary hike, part of ongoing economic reforms, will see an allocation of Rs. 325 billion over the next three years.

Samarasinghe emphasized that this increase, which marks a significant step in the country’s recovery, was one of the first major achievements of the NPP government. 

He said that the move was aimed at improving the financial stability of public servants and boosting the economy in the wake of financial challenges.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Sri Lanka

40% of catch from multi-day fishing vessels found to be of inferior quality

The Department of Fisheries and Aquatic Resources has reported that 40% of...

Sri Lanka

Postal trade unions prepare to strike   

The Postal and Telecommunications Officers’ Association and the Joint Postal Trade Union...

Sri Lanka

170 medicines varieties in short-supply – Health Ministry

The Medical Supplies Division of the Ministry of Health said that around...

Sri Lanka

Local priest calls Katchatheevu “Island that embraces everyone” as St. Anthony’s festival draws to close

As Katchatheevu Island’s St. Anthony’s Church on Saturday witnessed the last day...