Sri Lanka to unveil crucial budget amid virus.

Hit by COVID-19, the island nation’s economy is under strain Sri Lanka’s ruling Rajapaksa administration will present its maiden Budget on Tuesday, amid a relentless second wave of COVID-19 that hit the island nation last month. Prime Minister Mahinda Rajapaksa, also the Minister of Finance, will unveil the Budget for the year 2021 in Parliament, […]

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Defeated budget heads is an  issue, Paying salaries and allowances for the employees of local government – minister

Paying salaries and allowances for the employees of local government institutes and provincial councils for the Sinhala and Tamil New Year has become an issue, stated Minister Wajira Abeywardana. This is owing to the defeat of expenditure heads of the relevant institutes, according to the Minister of Internal & Home Affairs and Provincial Councils & […]

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Second reading of budget passed

The second reading of the Budget-2019 presented by the United National Party (UNP) Government was passed with a majority of 43 votes in parliament  . A total of 119 MPs voted in favour of the budget while 76 MPs including JVP MPs voted against it. The SLFP MPs abstained from voting. 135 Views

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Budget proposal for the Year 2019

The Minister of Finance Managala Samaraweera presented the Budget proposal for the Year 2019 to the Parliament today (5).The proceedings are scheduled to commence at 2.00 p.m. when the ‘Budget Proposals’ are announced with the reading of the Budget Speech at the second reading of the Appropriation Bill. The Finance Ministry says that the Budget […]

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Budget 2019 presented at Parliament on Feb 05

The final vote for the 2019 National Budget will be on the 04th of April, stated the Ministry of Finance and Mass Media. The Ministry stated that the Appropriation Act for 2019 will be presented to the Cabinet of Ministers for approval. It will be presented to the Parliament by the Finance and Mass Media […]

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