Budget 2024 allocates Rs.3bn to promote digital economy

13 November 2023 01:48 pm Views - {{hitsCtrl.values.hits}} 3 Bookmark

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Budget 2024 allocates Rs.3 billion to facilitate a digital economy by the year 2030.

To this end, the government plans to establish a digital authority with full powers to provide the necessary leadership and direction for the digitization of the public sector.

President Wickremesinghe also proposed to establish a technological innovation council to encourage technological innovation in coordination with the public sector, expert institutions and civil society.

He also said steps will be taken to establish a National Center for Artificial Intelligence to ensure an economic and social transformation, based on the latest trends in digital technology, and artificial intelligence.

Comments - 3

Dayaratne Silva Monday, 13 November 2023 02:57 PM

To have ease of operation and optimise the trade and trans shipment hub status, govt must have a 3 year plan to implement a fully integrated Trade Facilitation Platform with machine learning and artificial intelligence capabilities similar to what Singapore and other hub countries operate. It digitally inter connects every single entity that is involved in moving cargo and trade such as sub components some call the single window, logistics community systems etc.

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Sambo Monday, 13 November 2023 08:26 PM

We don't believe for a second in all these budget allocations since it never materializes as mentioned.

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Kamal Tuesday, 14 November 2023 02:28 AM

Mark of the beast system coming soon. Get ready for the rapture !

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