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Tue05222018

Last updateSun, 20 May 2018 2pm

Local News

A new unit to be established under the Ministry of National Policies and Economic Affairs, to look into 'family economy'.

A new unit will be established under the Ministry of National Policy and Economic Affairs, to look into 'family economy'. The unit will look into income and expenses of family units, its effect on the economy and the impact the country's economy has on the economy of the family. The first discussion on this topic was held at Temple Trees with the participation of Prime Minister Ranil Wickremesinghe today. Special attention was focused on the cost of living. It was observed that in many households the cost for clothing, transportation, rent and utility bills exceeds the cost for essential food items. This new unit will look into such areas of expenses.