INSUBCONTINENT EXCLUSIVE:
The government has unpaid bills of about Rs
200 billion, mainly to the construction and various other institutions, says the Secretary to the Ministry of Finance Mahinda Siriwardana.He
stated that the government has come up with revenue and tax policies because the government is unable to pay those bills.The Treasury
Because your revenue is not sufficient even to pay for your essential items like the salaries, wages, maybe subsidies and all sorts of
200 billion and mainly those are to the construction and various other institutions
reducing central bank financing
maintain the public sector and you have to continue the government machinery and at the same time you have to contribute the stabilization
the private sector must perform its role in aiding the government in pulling the economy out of crisis.He said the government was setting up
a Presidential Committee to monitor and ensure timely implementation of budget proposals.
This article first appeared/also appeared in https://adaderana.lk
