NCP 2023 budget records zero deficits | Daily News

NCP 2023 budget records zero deficits

Governor Maheepala Herath reading the NCP financial statement 2023. Picture by Nimal Wijesinghe
Governor Maheepala Herath reading the NCP financial statement 2023. Picture by Nimal Wijesinghe

North Central Province (NCP) Governor Maheepala Herath in accordance with the powers vested on him by the Provincial Council Act read the annual financial statement for 2023 in the presence of top executives of the North Central Province Council including the Ministry Secretaries of the Province.

The Governor said that it was a challenge to execute a financial declaration when the provincial councils have been dissolved. “The treasury has strictly controlled the expenditure except only most essential transactions and financial dealings in view of the highly critical and challenging financial situation and the wrecked economy of the country. “This has restricted the new development projects all over the country leaving some limited accommodation for completing several important infrastructural development projects, which benefit the people in the North Central Province. He also said that plans were ahead for improving the nutrition level of children, mothers and elders while maintaining food security in the province. He added that adequate funds have been allocated from the annual financial statement in this regard.

The value of aggregated receipts of the 2023 North Central Province The Budget 2023 stands at Rs. 36,639,200,000, while the aggregated expenditure stands at the same level. The recurrent expenditure has increased by 31.74 per cent for 2023 when compared it with the last year’s expenditure.

North Central Province Chief Secretary Chandasiri Bandara, Secretary to the Governor Nayana Dassanayaka, Deputy Chief Secretary Gnana Wijesinghe, Budget Director A. Wimalarathna, Director (Audits and Payments) Jagath Wijesinghe, Director (Finance and Revenues) Nirodha Rathnayaka were present. 

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