header logo
SLIC
Latest
President Dissanayake to present his first Budget in Parliament tomorrow
Feb 16, 202510:11 AM
President Dissanayake to present his first Budget in Parliament tomorrow
Mobitel inner 1278

The 2025 Government Budget is scheduled to be presented to Parliament tomorrow (17), marking the first budget to be presented by President Anura Kumara Dissanayake since assuming office.

 

Parliament will convene at 10:30 a.m. tomorrow (17) for the budget speech.

 

In preparation for this, a preliminary discussion on the final stages of the budget’s preparation was held under the patronage of President Dissanayake. 

 

According to the Presidential Media Division (PMD), the discussion took place on February 13 and was attended by several ministers and top officials, including the secretary to the Ministry of Finance, Mahinda Siriwardana.

 

On January 9, Prime Minister Dr. Harini Amarasuriya presented the Appropriation Bill to allocate funds for government expenditure for the 2025 financial year.

 

The second reading (Budget Speech) of the Appropriation Bill will take place tomorrow (17), with the debate on the second reading scheduled to run from February 18 to 25 for a total of seven days. 

 

Following this, the vote on the second reading will be held on February 25 at 6:00 p.m.

 

The Committee Stage Debate on the Appropriation Bill will be held over 19 days, including four Saturdays, from February 27 to March 21. The vote on the third reading of the bill is scheduled to take place on March 21 at 6:00 p.m.

 

During the budget debate period, time from 9:30 a.m. to 10:00 a.m. will be allocated for five questions for oral answers, while the debate itself will run from 10:00 a.m. to 6:00 p.m. Additionally, motions at adjournment time will be scheduled from 6:00 p.m. to 6:30 p.m. on all days, except for February 25 and March 21, when votes are being held.

 

Cabinet Spokesman, Minister Dr. Nalinda Jayatissa, noted during a Cabinet press briefing on November 26, 2024, that the government plans to present the 2025 budget with a focus on strengthening public trust and initiating steps toward desired national development to meet public expectations.

 

In this regard, the Cabinet of Ministers approved a proposal by President Anura Kumara Dissanayake, in his capacity as Minister of Finance, Planning, and Economic Development, to ensure the 2025 Budget provisions align with the projects and programs identified by each ministry, while adhering to expenditure limits set by the Public Finance Management Act, No. 44 of 2024 and the Government Policy Statement.

 

 

 

MostRead
Mobitel 1278
VideoStories
‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

Wheat flour price hiked by Rs. 17;  Parata, egg roti prices to rise by Rs. 5

Wheat flour price hiked by Rs. 17; Parata, egg roti prices to rise by Rs. 5

Trump says US is taking partial control of  Venezuela's vast oil reserves

Trump says US is taking partial control of Venezuela's vast oil reserves

Sevanagala sugar factory halts production,  staff granted leave

Sevanagala sugar factory halts production, staff granted leave

Narcotics crisis persists as majority of remand prisoners  face drug-related charges

Narcotics crisis persists as majority of remand prisoners face drug-related charges

Sri Lanka extends USD 1 million  humanitarian assistance to flood-hit Nepal

Sri Lanka extends USD 1 million humanitarian assistance to flood-hit Nepal

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

Sri Lanka’s agriculture sector faces  growing impact from prolonged dry spell

Sri Lanka’s agriculture sector faces growing impact from prolonged dry spell

Colombo Port enters global top 20  after strong container volume growth

Colombo Port enters global top 20 after strong container volume growth

Large crowds gather in Kandy to witness historic final Randoli Perahera

Large crowds gather in Kandy to witness historic final Randoli Perahera

 Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

 BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

Lassana Flora