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What wage increase has Sri Lanka's government implemented for state sector employees and why?

Sri Lanka's government has implemented a 65% increase in the minimum wage for state sector employees, raising it to 40,000 rupees per month. This substantial wage hike is incorporated alongside other fiscal reforms in the country's new budget. The wage increase is not merely an isolated policy but part of a comprehensive strategy to address poverty and provide support to low-income earners. It represents a significant component of the government's broader economic recovery plan as Sri Lanka works to stabilize its economy following a period of crisis.

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02:40

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Increase in Minimum Wage for State Sector Employees

WION·7 months ago

Answered in this video

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01:04

What are the key elements of Sri Lanka's budget for 2025?

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01:15

How is Sri Lanka's economic reform program addressing the country's low tax revenue levels?

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00:12

How did the stock market respond to Sri Lanka's budget announcement?

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