Tuesday, September 27, 2022
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Govt lacks revenue to settle public servants’ paychecks

To the government’s much aggravation, it does not receive enough revenue to settle the salaries of the public servants, said Minister Bandula Gunawardena, responding to a query expecting vocal response.

The Minister added that earlier it was possible to settle the public servants’ paychecks via the issuance of treasury bills, but the staff-level agreement reached with the International Monetary Fund (IMF) prevents such action.

MIAP

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