Cabinet approves Rs. 5,000 cost of living allowance from January

The Cabinet has given its approval to the President's proposal to disburse Rs. 5,000 from January, which is half of the planned Rs. 10,000 cost of living allowance. This allowance is scheduled to be paid from April, as outlined in the 2024 budget for government employees.
During the budget presentation on November 13, President Ranil Wickremesinghe said that the Cost-of-Living Allowance of Rs. 7,800 that the government employees are currently receiving will be increased to Rs. 17,800 by Rs. 10,000 from January 2024.
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