Home / News/ Presidential expenditure on downward trajectory: Rajitha

Presidential expenditure on downward trajectory: Rajitha

Comments / {{hitsCtrl.values.hits}} Views / Friday, 4 December 2015 00:15


UNP MP and Cabinet Spokesman Dr. Rajitha Senaratne said President Sirisena had reduced the allocation for the President from Rs. 4.4 billion in 2014 to 1.7 billion in 2015.

Senaratne told Parliament during the opening stage of the third reading of the budget yesterday that President Sirisena’s changes were not unlike the revolution SLFP founder S.W.R.D. Bandaranaike had created in the country.

Senaratne said that the capital expenditure allocation for President Rajapaksa was R. 5.1 billion in 2014. However he said that in 2015, Rs.842 million had been allocated for President Sirisena and for 2016, the sum had been reduced further to Rs 643 million.

Joining the debate to praise the President, Minister of Sports Dayasiri Jayasekara said President Sirisena was the simplest out of all leaders.

 “President Rajapaks was allocated 62% of the entire Budget in 2014. In 2016 President Sirisena has control over 12% of the total Budget. This is the correct way to go forward,” he noted.

He praised the President for bringing a proposal to the Cabinet to reduce his powers and abolish executive Presidency. “He has made it clear to the country of the intention to step down after 2020 by allowing the Parliament to take over. We have passed an era of suppression and corruption,” Jayasekara said.


Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Trendvertising: The new world of communication in a hashtag world

Tuesday, 20 August 2019

Rahul Bose, an Indian actor, caught a lot of attention for a video post that went viral, where he complained about the price of bananas during his stay at a five-star hotel in Mumbai. As he explained in his story – he went to the gym at his hotel w

Company Law intertwined with Income Tax – Understanding the nexus! Part II

Tuesday, 20 August 2019

A comparison and analysing the impact of corresponding provisions of Companies Act No. 7 of 2007 and Inland Revenue Act No. 24 of 2017 reveals invaluable insights corporate management must be aware of in day-to-day management activities as well as st

Will ‘10 February’ be repeated?

Tuesday, 20 August 2019

Whilst Sri Lanka is in election mode, the thought crossing every Sri Lankans mind is, ‘Will the 10 February 2018 elections behaviour be repeated?’ given the head-start that ‘Brand Gota’ has got. Whilst many are speculating who will be the fig

Shanta Devarajan: Economist who cannot get disconnected from his motherland

Monday, 19 August 2019

For me, Shanta Devarajan, formerly the Acting Chief Economist of the World Bank Group succeeding the Nobel Laureate Paul Romer and presently Professor at Georgetown University, USA, was a legend by himself. When I met him in early part of the new mil

Columnists More

Special Report