Monday, 11 May 2015

Govt. faces financial crisis; can’t even pay salaries - CBK

Govt. faces financial crisis; can’t even pay salaries - CBK

Former president Chandrika Kumaratunge said today that the present government was facing a serious FINANCIAL crisis and was even unable to pay public servants their salaries.

Addressing a meeting organised by the Sri Lanka Development Officers’ Union in Colombo yesterday, she said the government was facing difficulties due to the depleted FINANCES of the Treasury.

She said the crisis had been caused by the lack of transparency in the projects carried out by the previous government.

She said the payment of state sector salaries was difficult because of the lack of FUNDS. “The government is not able to pay state sector salaries to everyone. It’s hard to expand the sector, and some of the employees have no work,” she said.

She said those opposed to Yahapalanaya (good governance) had begun a counterrevolution against the new government.

- See more at: http://www.dailymirror.lk/71849/govt-faces-financial-crisis-can-t-even-pay-salaries-cbk#sthash.Uj0uG19H.dpuf

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