Sri Lanka announces 40 percent salary increase for civil servants
ECONOMYNEXT – The Bill and Melinda Gates Foundation has agreed to provide financial and technical assistance for programs in Sri Lanka, the president’s media division said.
2022, Sri Lanka declared its inability to pay its debts, with foreign exchange reserves hitting zero. The current situation is vastly improved, with foreign exchange reserves standing at $4.4 billion by the end of December 2023.
A proposal has been made to pay the basic salary of public servants on the 25th or a date between the 20th and the 25th and allowances on a date between the 5th and the 10th. The state is spending 40% of the national income to pay salaries and pensions of govt employees. more.. ...
The salary adjustment aimed to align with the inflation rate in Sri Lanka, addressing the prior period of a fixed public pay scale. The cost of standard treatment with both OB and LPG of amoxicillin has decreased by half since 2018/2019 in Sri Lanka (compared with the national survey in ...
Prime Minister Mahinda Rajapaksa said yesterday that the issue regarding salary anomalies of principals and teachers and the transformation of the Teacher-Principals’ Service into a ‘Closed Service’ will be taken after the Cabinet meeting next Monday.
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Sri Lanka Customs is a department under the Ministry of Finance and Planning entrusted with enforcement of revenue and social protection laws of the state while facilitating trade. Department of Import and Export Control (DIEC) is entrusted with control of importation into and exportation from the...