September 24, 2013
During his presentation, the Minister submitted that the presentation has been prepared in line with the draft 11th Plan and macro-fiscal projections from the medium-term. The budget accords emphasis on growth stimulation, employment generation and addressing the Rupee situation in the country, among others. The presentation covered the budget summary for the FY 2013-14 which reported that the total budget estimated for the FY 2013-14 is Nu. 29,982.834 million comprising of domestic revenue of Nu.21, 860.885 million, and other external grants of Nu.8.109.513 million, the total expenditure outlay estimated at Nu.19, 160.114 for current expenditure and Nu. 16,953.751 for the capital expenditure. The presentation also includes the allocation of budget in different sectors with the highest being the education sector amounting to Nu.6, 791.320.
After the presentation, during the Question Hour, Members of the National Council raised questions such as salary raise for the civil servants and staff of the local governments, subsidy for local farmers, need to oversee the spending in the hydropower sector vis-à-vis rising costs, inflation and its impact on subsistence farmers, Rupee shortage; policies, rules, regulations and accountability fixing for local government fund of 2 million each, use of pension fund on wellness resort, education city vis-a vis laws of the land, black surfacing of farm roads, ensuring quality works etc
The Minister clarified on the above queries and ensured the House that the government would take into consideration all the recommendations made by the House. Read More »
September 24, 2013
The Speaker of the Parliament of Sri Lanka H.E. Chamal Jayantha Rajapaksa, who is leading an eight member parliamentary delegation to Bhutan, called on H.E. (Dr.) Sonam Kinga, Chairperson of National Council of Bhutan this afternoon. The Chairperson extended a very warm welcome to the Sri Lankan delegation to Bhutan. He said that although Bhutan’s formal diplomatic relations with Sri Lanka was established only in 1987, its modern development efforts began almost at the same time when Bhutan joined the Colombo Plan in 1967.He pointed out that parliamentary relations between Bhutan and Sri Lanka began when a parliamentary delegation from Bhutan visited Sri Lanka in 2010 led by the former Chairperson of National Council of Bhutan. The Chairperson expressed his hope that under the leadership of H.E. Chamal Jayantha Rajapaksha, the bonds of friendship between the two parliaments will be further deepened. He thanked the Government of Sri Lanka for supporting Bhutan in the health sector and requested for early internship for Bhutanese medical students. Read More »