The government is to implement a programme in cooperation with the World Bank and the European Union with the aim of increasing transparency and efficiency of the central government and public financial management.
It aims to introduce an e-procurement system, public financial management information system and an excise revenue management system as prominent information systems.
The Cabinet approved a proposal put forward by Finance Minister Mangala Samaraweera to authorize the Ministry to enter into an agreement with the World Bank’s International Bank for Reconstruction and Development (IBRD) to obtain a loan of USD 25 million.
The programme is to be implemented after seeking the advice of the monetary board of the Central Bank of Sri Lanka regarding the financial implications of such a loan.
You can share this post!
Content
The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
The meteorology department issuing a warm weather advisory for today that the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Western, Sabaragamuwa, Southern, North-western, Northern and North central provinces and in Monaragala district.

Leave Comments