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Sri Lankan president orders further reduction of government expenditure

januari 31, 2023by Reacties uitgeschakeld voor Sri Lankan president orders further reduction of government expenditure

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COLOMBO, Jan. 31 (Xinhua) — Sri Lankan President Ranil Wickremesinghe instructed the cabinet of ministers to reduce government expenditure, the President’s Media Division (PMD) said on Tuesday.

Wickremesinghe said the government revenue at present is below the monthly expenditure, according to the PMD.

The president said the General Treasury finds it challenging to meet all expenditures at this moment, e

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