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Govt. faces financial crisis; can’t even pay salaries - CBK

+3
fireshelter
Teller
Maran
7 posters

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Maran


Senior Equity Analytic
Senior Equity Analytic

Govt. faces financial crisis; can’t even pay salaries - CBK

Former president Chandrika Kumaratunge said today that the present government was facing a serious financial crisis and was even unable to pay public servants their salaries.

Addressing a meeting organised by the Sri Lanka Development Officers’ Union in Colombo yesterday, she said the government was facing difficulties due to the depleted finances of the Treasury.

She said the crisis had been caused by the lack of transparency in the projects carried out by the previous government.

She said the payment of state sector salaries was difficult because of the lack of funds. “The government is not able to pay state sector salaries to everyone. It’s hard to expand the sector, and some of the employees have no work,” she said.

She said those opposed to Yahapalanaya (good governance) had begun a counterrevolution against the new government. - See more at: http://www.dailymirror.lk/71849/govt-faces-financial-crisis-can-t-even-pay-salaries-cbk#sthash.NaP1SSSt.dpuf

Teller

Teller
Moderator
Moderator

Thats trure, economy is facing a huge crisis at the moment. High losses of government organizations, high oil cost,wage hike of government servants,elections,plantation crisis and Ravi k.,s non practical Budget proposals as well as highest government debt are the main reasons.

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Take some times to sort these all problems we have wait and see 

Selecting good stocks for invest for short period

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Don't pay salaries to lazy government servants. I went to meet the Grams Niladari and she was not available on all the five days. She decides when she needs to work and not about the people whom she is supposed to serve. This is the system in place and I don't know why after a birth certicificate has been issued by the Registar General it has to be endorsed or verified by a lesser authority like the Grama Niladari. 8 say change the name to GRAMA SEVEWA and kick their back sides!

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Senior Citizen wrote:Don't pay salaries to lazy government servants. I went to meet the Grams Niladari and she was not available on all the five days. She decides when she needs to work and not about the people whom she is supposed to serve. This is the system in place and I don't know why after a birth certicificate has been issued by the Registar General it has to be endorsed or verified by a lesser authority like the Grama Niladari. 8 say change the name to GRAMA SEVEWA and kick their back sides!

Lady Grama Seva Niladari's are very in efficient. It should stop giving this post to ladies.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Customer relationship & efficiency of public sector is extremely poor. We can see openly how people work at departments, urban councils & other institutions. I f they can stop eating, reading papers, chatting, & telephone jags customer can cut down several visits to the place saving time,energy & expenses.

One inquiry placed at valuation department informed me they have not yet opened year 2015 files for transferring property ownership.

I am glad if this thread is read by commissioner of valuation department. To reach the right person of the subject matter you have to hang on a long time with no response at the end. What a pathetic state service.

dsam

dsam
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CBK statement- one who responsible this crisis.
Government servants- 100% agree

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