Wednesday, February 8, 2023

Sri Lanka in dire straits, stops recruitment in government jobs

In Sri Lanka, all types of recruitment in government departments have been stopped. The government of the country has taken this initiative to reduce its own expenses after the economic recession.

According to news reports, Sri Lanka is scrambling to get a $2.9 billion loan from the International Monetary Fund (IMF) to avoid an economic disaster. However, in this case, the IMF has added conditions, the ability to repay the debt must be achieved. Government expenditure should be reduced for this.

The IMF also said that the number of government posts Sri Lanka currently has will also need to be reduced. At present there are 15 lakh government officials and employees in the country.

Also Read:  Home, belonging, and the Holocaust

Apart from this, it has been stipulated that taxes on all goods should be increased and government institutions which are in loss should be sold off. Sri Lanka has stopped new recruitment in government jobs as per IMF conditions.

In December 2022, 20 thousand government employees retired together in Sri Lanka. The number was nearly eight times higher this month than the usual 2,500 retirements.

Sri Lankan President Ranil Wickremesinghe’s retirement age has been raised from 65 to 60, leaving so many posts vacant. And no new recruitment will be given for the time being.

In addition, personal and corporate taxes have been doubled in Sri Lanka since the beginning of the year to increase government revenue. Electricity price has been increased by 65 percent.

Also Read:  Eight trends that will impact children in 2023




Malaysian daily promotes Church Pongal picture on first page, Hindus condemn...

MahaKrishnan With Dravidianist influence on the rise, Malaysian media appears to be encouraging Christian appropriation of Hindu practices. The Sun, a free national daily reported Christians...

No Vibhuti or Kumkum, owners asked to erase Hindu identities of...

MahaKrishnan In an attempt to erase its Hindu identity, Jallikattu bull owners were asked not to apply Chandan, Kumkum and turmeric when they bring...


The greatness of our MOTHERLAND

Swami Vivekananda If there is any land on this earth that can lay claim to be the blessed Punyabhumi (holy land), to be the land...

Feel like reacting? Express your views here!

Read More



Subsribe Our Newsletter & get Free Daily News & Opinion updates!

Town Post