Sunday Times E-Paper

State bank executive's Toronto trip cancelled; no trophy either

The Government has been looking at cutting down on expenses and has issued circulars with this in mind. As a result, some foreign trips too have been put on hold.

Early last month a state bank's executive officer had sought permission from the Finance Ministry to travel to Canada on an 11-day visit.

The journey was in connection with a series of bilateral talks with several leading business establishments in Canada aimed at establishing new business relationships to improve the foreign currency inflow to the country and the bank. Besides, the official was expected to receive the BIZZA trophy presented by Texas based business developer WORLDCOB in Toronto.

The cost of the trip included air ticket expenses of Rs. 1.4 million, Rs 1.8 million as subsistence and Rs. 297,000 as incidental expenses.

Alas, the request failed to receive the nod from the Finance Ministry, after it into consideration the expenses involved.

NEWS

en-lk

2022-07-03T07:00:00.0000000Z

2022-07-03T07:00:00.0000000Z

https://sundaytimes.pressreader.com/article/281659668737797

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