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Sri Lanka : Rs 1 billion per month allocated from the budget to boost the domestic economy

Sat, Dec 19, 2020, 12:44 pm SL Time, ColomboPage News Desk, Sri Lanka. Dec 19, Colombo: A sum of Rs. 1 billion per month has been allocated from this year’s budget for the development of the domestic economy alone with the aim of rebuilding the country’s economy which has been hit hard by the Covid-19 epidemic, Basil Rajapaksa, Chairman of the Presidential Task Force on Economic Revival and Poverty Alleviation said yesterday (18). Accordingly, a sum of Rs. 10 billion has been allocated from this year’s budget for the development of the domestic economy of the country, he said. Mr. Rajapaksa said although it’s a difficult task but in order to implement those projects, every institution from the village level should be involved and at least one project should be implemented per village.

Sri Lanka : People s representatives told to prioritize projects that benefit the most people

Thu, Dec 17, 2020, 12:54 pm SL Time, ColomboPage News Desk, Sri Lanka. Dec 17, Colombo: Basil Rajapaksa, Chairman of the Presidential Task Force on Economic Revival and Poverty Alleviation, instructed the people’s representatives and government officials to give priority to projects that will benefit the majority in the implementation of the 2021 Budget Proposals. Mr. Rajapaksa said that the implementation of these proposals should be considered at the village level and all regional coordinating committees should be convened on the 21st and 22nd to seek the views of the people in all parts of the country. He said that steps will be taken to inform the chairpersons of the Divisional Coordinating Committees in this regard within the next few days.

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