Salaries will be increased in this year's budget, considering the recommendations of the report of the Udaya R. Seneviratne Committee appointed by the previous Wickremesinghe administration to investigate salary discrepancies of government employees, Finance Ministry sources reveal. It is learnt that an amount between Rs. 7,500 and Rs. 10,000 will be added to the basic salary according to the existing salary scales. The increase in the basic salary will be made according to each salary scale.
Sources in the Finance Ministry say that the formula for increasing the salaries of government employees has been prepared by the Finance Ministry and that the President, as the Finance Minister, will decide the amount to be increased.
However, the relevant salary increase is to be announced in the 2025 budget, which will be presented by the President in his capacity as Finance Minister in February.
The relevant salary increase is scheduled to be implemented in April.
Even when the country was struggling, the previous Wickremesinghe government increased salaries by Rs. 10,000 from January 2024.
The arrears of Rs. 15,000 that were to be paid in this regard are scheduled to be paid in instalments of Rs. 5,000 each from January to March this year.
Economic analysts say that since the country's economy has been in a good state for the past four quarters and government revenue has increased by about 38%, there is a possibility of increasing the salaries of public servants by more than Rs. 10,000.
The President also said recently that a tangible salary increase will be implemented for government employees.
Leave your comments
Login to post a comment
Post comment as a guest