(LANKAPUVATH | COLOMBO) – State Minister of Finance, Shehan Semasinghe said that an anticipated economic growth for the year 2024 is projected at 1.8%. The State Minister underscored the government’s paramount commitment to fostering a robust economy during this period. A particular emphasis will be placed on the advancement of small and medium enterprises as part of this overarching objective.
"An economic growth of 1.8% is expected in 2024"Tag: Shehan Semasinghe
(LANKAPUVATH | COLOMBO) – Despite the challenges, compared to other countries ,sir Lanka is making rapid progress in the debt restructuring process, says state minister of Finance Shehan Semasinghe.
"Despite the challenges,Sri Lanka’s reform process is moving frward rapidly"
Finance Ministry launches ‘Aswasuma Week’ to expedite resolution of beneficiary issues – State Minister for Finance Mr. Shehan Semasinghe
(LANKAPUVATH | COLOMBO) – In an effort to streamline the Aswasuma benefit program and address ongoing concerns, the Ministry of Finance has announced the implementation of an ‘Aswasuma Week’ from November 6th to 11th. The objective of this initiative is to promptly rectify the issues plaguing the program and ensure that deserving beneficiaries receive their entitled support without further delay.
"Finance Ministry launches ‘Aswasuma Week’ to expedite resolution of beneficiary issues – State Minister for Finance Mr. Shehan Semasinghe" (LANKAPUVATH | COLOMBO) – State Minister of Finance Shehan Semasinghe states that by ending the economic crisis in the country, the government was able to bring the inflation down very low beyond the limits expected by the International Monetary Fund (IMF).
"Government was able to bring down the inflation lower than IMF expected – Shehan Semasinghe" (LANKAPUVATH | COLOMBO) – Minister of State for Finance, Shehan Semasinghe, said that among the 2 million Aswesuma beneficiary families, phased payments have commenced for 1.5 million families.
"Payments initiated in phases for 1.5 million Aswesuma beneficiary families"
Kidney disease, disabled and low-income elderly allowances to nearly 650,000 people remain unchanged
(LANKAPUVATH | COLOMBO) – Until a new payment system is prepared, the allowances for kidney patients, disabled and low-income elderly persons under the Aswesuma welfare benefit program will remain unchanged, State Minister of Finance Shehan Semasinghe assured.
"Kidney disease, disabled and low-income elderly allowances to nearly 650,000 people remain unchanged"
Acceptance of applications for ‘Aswesuma’ 2024 to commence as soon as appeals and objections are reviewed – State Minister Shehan Semasinghe
(LANKAPUVATH | COLOMBO) – Arrangements will be made to start accepting new applications for ‘Aswesuma’ Social Welfare Benefit Program for the year 2024 as soon as appeals and objections that have been submitted will be reviewed, State Minister of Finance Shehan Semasinghe stated.
"Acceptance of applications for ‘Aswesuma’ 2024 to commence as soon as appeals and objections are reviewed – State Minister Shehan Semasinghe" (LANKAPUVATH | COLOMBO) – As per instructions of President Ranil Wickramasinghe, the government has decided to continue with the existing benefit payments to beneficiaries who receive elderly citizens allowance, disabled allowance, and those with kidney disease until a new criteria is introduced to ensure a basic standard of living and provide assistance for healthcare-related expenses State Minister Shehan Semasinghe said.
"Government to continue allowances for elderly, disabled and kidney patients"
The government has not yet taken a final decision regarding domestic credit optimization – Acting Minister of Finance
(LANKAPUVATH | COLOMBO) – During a press conference held Monday at the Presidential Media Centre, Acting Minister of Finance Shehan Semasinghe addressed the issue of false information being disseminated by various parties in the country regarding the domestic debt optimization program.
"The government has not yet taken a final decision regarding domestic credit optimization – Acting Minister of Finance" (LANKAPUVATH | COLOMBO) – State Minister of Finance Shehan Semasinghe states that the debt restructuring process will be carried out in a completely transparent manner. He said this while commenting on the haphazard statements made by various political representatives.
"Debt restructuring is done in a fair and transparent manner"