PM informs Cabinet of measures taken to settle overdue payments
The Government has settled Rs. 196.6 billion of the Rs. 240.7 billion unresolved bills payable for the services, supplies and contracts received by the previous Government, Cabinet Spokesman Bandula Gunawardena said.
A sum of Rs. 44 billion remains to be paid, he added.
Prime Minister Mahinda Rajapaksa, in his capacity as the Minister of Finance, had informed the Cabinet that measures have to be taken to make the payments gradually, even under difficult financial circumstances.
(FT)