Oct 09, 2017

Budget 2018 Appropriation Bill in parliament today

The 2018 Appropriation Bill will be presented before Parliament today (09) presented by State Minister of Finance Eran Wickramaratne.

According to the Appropriation Bill presented by the Minister of Finance and Mass Media Mangala Samaraweera to the Cabinet of Ministers last month, the expected expenditure for the year 2018 is Rs. 3,982 billion,

While recurrent expenditure is estimated to be at Rs. 1309 billion, the government has allocated Rs. 668 billion for capital expenditure.

Minister of Finance Mangala Samaraweera is expected to deliver the budget speech on 09 November. The debate on the second reading of the 2018 Budget will be held from 10 to 15 November while the Committee Stage Debate will be held on the 16 November.

The vote on the third reading of the 2018 Budget will be held on 09 December.