Saturday, 19th June 2021

Purchase of vehicles suspended by Fin. Ministry until further notice

Colombo, Oct 19 (BAN/ AD): Finance ministry in a circular has said that purchase of vehicles for state institutions has been suspended till further notice. Also ministry has decided to stop the commencement of new projects during the remaining two months of this year and also to postpone the purchase of non-essential office equipment until next year.

A circular in this regard, underlining the instructions, had been issued to all ministry secretaries, provincial chief secretaries, heads of departments and chairmen of all statutory bodies by the Secretary of the Ministry of Finance R. H. S. Samarathunga.

The Finance Ministry has also asked to cut down 10% from their capital expenditure. This has been instructed to all ministry secretaries, provincial chief secretaries, heads of departments, chairmen of corporations and statutory bodies. This circular notifies further that those projects which are considered not so important and those that have not been commenced yet are to be postponed until the next year.

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