Transport, Highways, and Mass Media Minister Dr. Bandula Gunawardhana has highlighted a concerning financial scenario, revealing a daily expenditure of Rs. 14.67 billion against an income of Rs. 8.42 billion, resulting in a daily deficit of Rs. 6.25 billion. This deficit poses a significant challenge for the government, prompting discussions on effective governance strategies to manage daily expenses.
Speaking at an event at the National Youth Center Auditorium in Maharagama, Minister Gunawardhana emphasized the need for constructive debates on sustaining government operations on a daily basis. He stressed the importance of all political parties, leaders, and voters understanding and addressing this financial reality, especially in the context of upcoming elections.
At the same event, Minister Gunawardhana announced a historic move by the Sri Lanka Transport Board (SLTB) to grant permanent employment to 1,600 contract employees who have been serving since 2018. This decision marks a positive step towards job security and stability for these workers within the SLTB.
Reflecting on the broader economic context, Minister Gunawardhana highlighted the recurring financial challenges faced by the country since gaining independence. The Minister’s remarks underscore the ongoing need for strategic financial management and sustainable policies to address the country’s fiscal deficits effectively.