Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake, in his 2026 Budget Speech, announced several new measures to provide financial and welfare benefits to public sector employees.
The President stated that the housing and property loan scheme for public servants will be restructured to allow loans up to Rs. 5 million.
Under this revised system, Rs. 500 million will be allocated to provide loans at a 4% concessional interest rate for the first Rs. 3 million, and at a 2% interest rate for amounts between Rs. 3 million and Rs. 5 million.
To ensure the continued stability of health benefits under the Agrahara Insurance Scheme, the employee contribution rate will be revised. The minimum contribution of Rs. 125 will be increased by Rs. ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.