Treasury ready to release funds for election at any time as required - state minister

Treasury ready to release funds for election at any time as required - state minister

July 27, 2024   09:34 pm

State Minister of Finance Ranjith Siyambalapitiya assured that funds required for the 2024 Presidential Election will be released by the Treasury on any occasion as required.

Siyambalapitiya expressed that the Election Commission has sent the Ministry of Finance an estimation of nearly Rs. 8 billion for election expenses, adding that the Treasury has sufficient funds for election purposes.

Furthermore, the State Minister said that if the number of candidates running for the presidential election increases and the estimated cost increases, there will be no issue as the government has already allocated additional funds for uncertain election related activities.

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