Lanka asks ministers to limit foreign trips
Sri Lanka Tuesday asked its ministers to curtail foreign trips and slashed the monthly monetary allocations to all the ministries by 50 percent.
According to a statement from the government information department, Media Minister Laxman Yapa Abeyawardena said the "monthly monetary allocations to all ministries will be reduced by 50 percent as an austerity drive but the budgetary allocations for the year 2008 will remain intact".
"All ministers have been asked to limit foreign travel in order to save foreign exchange. The government has also decided to stop renting expensive building complexes (to house ministries)," Abeyawardena has been quoted as saying in the statement.
Sri Lanka's ruling United People's Freedom Alliance, led by President Mahinda Rajapaksa, has altogether 102 ministers, non-cabinet ministers and deputy ministers for 57 ministries, with many of them holding more than one ministerial portfolio.
Due to the current security situation in the country, almost all the government ministers have been provided with a fleet of security vehicles.
Abeyawardena said this decision was prompted by "the economic constraints experienced by the country" with the soaring fuel prices in the world market and with the increase in food prices.
Extracted from,
http://news.webindia123.com/news/articles/Business/20080617/976490.html
According to a statement from the government information department, Media Minister Laxman Yapa Abeyawardena said the "monthly monetary allocations to all ministries will be reduced by 50 percent as an austerity drive but the budgetary allocations for the year 2008 will remain intact".
"All ministers have been asked to limit foreign travel in order to save foreign exchange. The government has also decided to stop renting expensive building complexes (to house ministries)," Abeyawardena has been quoted as saying in the statement.
Sri Lanka's ruling United People's Freedom Alliance, led by President Mahinda Rajapaksa, has altogether 102 ministers, non-cabinet ministers and deputy ministers for 57 ministries, with many of them holding more than one ministerial portfolio.
Due to the current security situation in the country, almost all the government ministers have been provided with a fleet of security vehicles.
Abeyawardena said this decision was prompted by "the economic constraints experienced by the country" with the soaring fuel prices in the world market and with the increase in food prices.
Extracted from,
http://news.webindia123.com/news/articles/Business/20080617/976490.html
