Govt. tables Appropriation Bill seeking Rs. 4.99 t for 2027
The Sri Lankan government has tabled an Appropriation Bill seeking 4.99 trillion rupees for 2027 to manage national expenditure and debt. The budget is a critical requirement for securing the next tranche of funding from the International Monetary Fund.
Why it matters
The budget's approval is essential for Sri Lanka's economic stability and its ongoing recovery program under IMF supervision.
Tuesday, 22 Jan 2019 --> Thursday Oct 08, 2026
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The Government is seeking Rs. 4.99 trillion to meet its expenditure in 2027, under the Appropriation Bill presented to Parliament yesterday for its First Reading. Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando tabled the Bill. Besides allocating funds for Government spending, the Bill also authorises the Government to borrow, among other provisions.
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