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Friday, August 08, 2014 - 5.10 GMT
Cabinet approval for budget proposals, 2015


The cabinet has granted approval to the Medium Term Budgetary Framework for the next year – 2015, that was prepared targeting economic boom for the period of 2015 to 2017 said Cabinet spokesperson Minister Keheliya Rambukwella, addressing the weekly cabinet media briefing held in Colombo yesterday (Aug 8).

It aims to improve social development, infrastructure and economic capability of the people, food security, energy security and environmental safety with particular emphasis on low income and poor families. The pride of place has been accorded to education, drinking water in districts which are below the national average in social development, health, employment opportunities, basic infrastructure facilities and economic indices, he said.

The second five year development policy framework of the Government has been implemented since 2011 with the aim of transforming Sri Lanka into a poverty free country by 2016 and raising per-capita income continuously. The President has decided to seek suggestions from different stakeholders before preparing the budget. The aim of the government is to redeem Sri Lanka from poverty by 2016.

The cabinet has granted approval to many proposals that helped to improve social and economic perspectives of the nation, Minister Rambukwella further said.

Approvals were also granted to Regulation of Insurance Industry (Amendment) Bill, New Sri Lanka Atomic Energy Bill, Capacity Improvement of Distribution Network maintained by the Lanka Electricity Company (LECO), Construction of a National Sports Museum, Rehabilitation of A5 Road corridor from Badulla to Chenkaladi and “Deyata Ktrula' National Development Programme – 2015.

The Minister also noted that proper protocols are adhered when the appointment of diplomats to foreign service will be accomplished by a committee appointed by the parliament. The committee comprises representatives from different political parties.. The committee is vested with the responsibility of going through All the educational qualifications and experience of the individuals. Individuals employed in the External Affairs Ministry have also been appointed in this manner.





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Last modified: August 08, 2014.

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