Oct 27, 2014

Sri Lanka Budget Summary - 2015


Public
• 10% reduction in water charges for first 25 units
• Pension scheme introduced for garment workers and estate workers
• Small-scale industries that use less than 300 units of electricity to get 25% off from November and 15% off for others in the industrial sector
• Seniors with bank deposits will be paid a 12% interest rate effective from 1 January 2015
• Government workers' basic salary increased to
Rs 15,000, and with allowances the minimum will come to Rs 25,000
• Cost of living allowance increased by Rs 2,200, bringing the total cost of living allowance to
Rs 10,000
• A programme to increase youth employment to 95%
• Motorcycles to be provided to police officers at
Rs 50,000