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Sri Lanka on Monday rolled out a welfare scheme funded by the World Bank and the Asian Development Bank (ADB) to offer direct monetary reduction to low-income households, the primary such programme after the nation plunged into an unprecedented financial disaster final yr.
The Aswasuma scheme, which replaces the Samurdhi advantages programme, nonetheless, has confronted opposition from lawmakers.
“We are targeting 2 million families to benefit from the programme. While 1.5 million families have been identified with another 1 million appeals and 120,000 disputed cases. A total of 800,000 people would receive their benefits today,” state finance minister Shehan Semasinghe stated.
Under 4 classes, the poor will obtain month-to-month money advantages starting from 2,500 to fifteen,000 rupees for 3 years from July this yr.
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The opponents of the scheme say it’s a flawed programme because it solely recognises essentially the most susceptible for advantages and numerous former Samurdhi beneficiaries have been disregarded.
The dispute compelled the resignation final month of the chair of the Welfare Benefits Board.
Sri Lanka was hit by an unprecedented monetary disaster in 2022, the worst since its independence from Britain in 1948, as a result of a extreme paucity of overseas trade reserves. The economic crisis sparked widespread protests which led to the ouster of former President Gotabaya Rajapaksa.
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