Cabinet approves 2027 budget proposals

Executive Intelligence Dispatch
Cabinet approval was granted to present the 2027 budget to Parliament.This was when the Cabinet convened today (12) at the Presidential Secretariat.It is scheduled to be presented to Parliament this afternoon (12) by President Anura Kumara Dissanayake in his capacity as the Minister of Finance.The budget debate is planned to be held for 26 days, from today until December 14.Accordingly, the Second Reading debate will run for 7 days, from today until the 20th, and the vote on the Second Reading is scheduled for the afternoon of the 20th.Subsequently, the Committee Stage debate of the budget will be held for 19 days, including four Saturdays, from the upcoming 21st until December 14, with the final vote on the Third Reading taking place on the afternoon of December 14.The Appropriation Bill for 2027 was presented to Parliament for its First Reading on October 7.Accordingly, the government's estimated expenditure this time exceeds Rs. 4,982 billion, which is an increase of Rs. 558 billion compared to the estimated expenditure for the year 2026.
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- —Cabinet approves 2027 budget proposals
- —Reported live by Hiru News editorial desk.
- —Verified against domestic police and court records.
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Cabinet approves 2027 budget proposals
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