Budget 2024 proposes to add Rs 10,000 monthly living expense allowance to government employees’ salary.
Accordingly, the living expenses allowance of government employees will increase from Rs. 7,800 to Rs. 17,800.
It is proposed to increase the monthly living expenses for pensioners by Rs.2,500 from next April.
The increased cost of living will be added to the salary from next April.
The arrears of living expenses from January to April 2024 will be added in installments from October next year.
Thus, President Ranil Wickramasinghe stated that 35% of the government expenditure is reserved for the salaries of government employees.
President Ranil Wickramasinghe, currently as the Minister of Finance, said this in the budget proposal that is currently being presented to the Parliament.