header logo
Latest
Finance Ministry orders auction of state-owned V8 luxury vehicles
Jan 07, 202510:55 AM
Finance Ministry orders auction of state-owned V8 luxury vehicles

The Secretary to the Ministry of Finance, Mahinda Siriwardena, has directed all state institutions to auction the high-capacity V8 luxury vehicles under their purview and submit revenue reports by March 01.

 

A circular has been issued to this effect, addressing all heads of state departments, including secretaries of ministries, outlining the necessary steps to be implemented for the purpose.

 

The circular further emphasizes that state institutions are prohibited from purchasing the vehicles being auctioned.

 

On December 03, 2024, the Cabinet of Ministers approved a proposal to conduct a study on vehicles used in all government institutions and systematically dispose of super luxury vehicles that incur high maintenance and fuel costs in government institutions by selling them in order to reduce government spending.

 

Accordingly, it was decided to assess and streamline the government vehicle fleet, focusing on those with higher engine capacities, which contribute to rising maintenance expenses.

 

 

 

MostRead
Mob
VideoStories
Cabinet approves allocation of over Rs. 500 million  for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations”  Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

“Preserving the Himalayas, a global responsibility”  Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Colombo streets illuminated with lanterns and pandols  as Sri Lankans celebrated Vesak festival

Colombo streets illuminated with lanterns and pandols as Sri Lankans celebrated Vesak festival

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sarvajana Balaya hosts a dansala in Borella under the patronage of MP Dilith Jayaweera

Sarvajana Balaya hosts a dansala in Borella under the patronage of MP Dilith Jayaweera

Sri Lankans to celebrate Vesak Festival tomorrow with pandals, Dansal and lanterns

Sri Lankans to celebrate Vesak Festival tomorrow with pandals, Dansal and lanterns

Sri Lanka offers a ‘Full Package’ for investors – PM Harini says

Sri Lanka offers a ‘Full Package’ for investors – PM Harini says

Ada Derana Sinhala