Cabinet approval for Treasury allocations for SLRC, SLBC and ITN recurrent expenditure

Saturday, 5 September 2020 00:26 - - {{hitsCtrl.values.hits}}

Cabinet informed three State-run media institutions lost income due to COVID-19
Allocations for expenditure from Sept. to Dec.

Cabinet gave approval to a proposal by Minister of Mass Media and Information Keheliya Rambukwella to obtain provisions for essential recurrent expenditure of three State-run media institutions from the Treasury for a period of four months, from September to December.

The allocations from the Treasury are for the recurrent expenditure of Sri Lanka Rupavahini Corpo-ration (SLRC), Sri Lanka Broadcasting Corporation (SLBC), and the Independent Television Network (ITN).

.With the COVID-19 outbreak, the income of the three media institutions have been declining, and they have been unable to cover the salaries and essential expenses of these institutions, Cabinet spokesman Minister Rambukwella told reporters at the weekly press briefing.

He said Cabinet also decided that a strategic plan should be prepared to increase the income of these institutions, and those plans should be implemented expeditiously with the concurrence of the Treasury.