State Ministry of Primary Industries’ Institutions Contribute Rs. 925 Million in Annual Dividends to Treasury

In a formal ceremony held at the Presidential Secretary and presided over by President Ranil Wickremesinghe, five institutions under the purview of the State Ministry of Primary Industries presented their annual dividends to the Treasury on November 10.

A total sum of Rs. 925 million was remitted, symbolizing a collaborative effort between the public and private sectors to enhance the nation’s financial stability. The breakdown of contributions includes Rs. 350 million from the National Gems and Jewellery Authority, Rs. 300 million from Lanka Phosphate Company Ltd., Rs. 100 million each from BCC Lanka and National Salt Company, and Rs. 75 million from Sri Lanka Cement Corporation.

The President’s Media Division (PMD) highlighted the significance of this financial contribution, emphasizing the synergy between various sectors in supporting the economic health of the country. The event was attended by Minister of State for Primary Industries, Mr. Chamara Sampath Dasanayake, along with chairmen and officials representing the contributing institutions.

Share post:

spot_imgspot_img

Popular

More like this
Related

Anti-Terrorism Bill’s Broad Secrecy Clause Threatens Public Oversight of Security Operations

Sri Lanka’s proposed anti-terrorism legislation has triggered another serious...

Untapped Women’s Talent Exposes Sri Lanka’s Economic Opportunity Gap

Sri Lanka's ambition to become a competitive regional investment...

SL Govt’s Security Bills Threaten Rights, Dissent and Sri Lanka’s GSP+ Lifeline

The Government’s proposed security legislation is rapidly developing into...

Exporters Face Regulatory Barriers despite Soaring Export Growth

Sri Lanka’s export sector is recording encouraging growth in...