Minister of Higher Education S.B. Dissanayeke states that Sri Lanka's financial allocation for education consists of 5% of the countries Gross Domestic Product.
Speaking further Minister Dissanayeke noted that the allocation currently being made by Sri Lanka excelled allocations made by developed nations in this regard.
According to the Minister of Higher Education Sri Lanka's annual allocation for Education stands at 1.87% of the country’s GDP.
Minister Dissanayeke’s comments came during a media briefing which was held between President Mahinda Rajapaksa & heads of media institutions at Temple Trees this morning.
Subsequently Minister Dissanayeke who took part in the day's cabinet media briefing which was held at the Government Information Department briefed the media on university lecturers’ salary increments.
Speaking here Minister Dissanayeke noted that a Senior Professor’s salary had been increased by 83% at present.
However according to Deputy Minister of Higher Education Nandimithra Ekanayeke steps have already been taken to revise the salaries of University Lecturers with effect from the 01st of October.
Against this back drop university lecturers charge that their October 01st increments are insufficient.
Secretary of the Federation of University Teachers’ Association Dr. Terrrance Madhujith expressed the following views in this regard.
Meanwhile Deputy Minister of Higher Education Nandimithra Ekanayeke expressed these views on the situation at hand.