Public sector consumes 26% of govt expenditure
Sri Lanka, Nov. 10 -- Sri Lanka's public sector currently accounts for roughly 15 percent of the national workforce and consumes 26 percent of total government expenditure, yet it contributes only around five percent to the country's Gross Domestic Product (GDP), according to President's Secretary Dr. Nandika Sanath Kumanayake.Sri Lanka travel
Addressing the structural imbalance, Dr. Kumanayake stated that low productivity within State institutions has trapped the country in a persistent low-productivity cycle.
He noted that declining efficiency diminishes individual output and depresses public sector wage levels, severely weakening the State's capacity to attract and retain top-tier talent. Consequently, skilled personnel are increasin...
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