2000 Billion for Next Year's Capital Expenditure

The Sri Lankan government intends to allocate 2000 billion rupees for capital expenditure in the upcoming fiscal year, according to Health and Media Minister Nalin Jayatissa. This represents a significant increase from the roughly 1350 billion rupees allocated for capital spending in the current year.

Minister Jayatissa made these remarks during the inauguration ceremony for the development of 14 roads in the Kalutara district, part of the iRoad (Integrated Road Investment Program). This program is a major state development initiative focused on enhancing rural and regional road infrastructure.

The minister emphasized the government's commitment to efficient tax collection, stating that taxes will be collected from necessary sources in a simplified and accessible manner. He assured the public that these collected tax revenues will be systematically utilized exclusively for the welfare of the people, underscoring the government's accountability for all tax funds.

The planned capital expenditure highlights the government's focus on infrastructure development, particularly in the road sector, aiming to improve connectivity and facilitate economic activity across the country.