header logo
Vallibel FD
vallible LE
Latest
2027 Appropriation Bill presented to parliament
Oct 07, 202612:11 PM
2027 Appropriation Bill presented to parliament
File photo
Mobitel inner 1278

The Appropriation Bill for 2027 was presented in Parliament today by Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando.

 

The Committee on Parliamentary Business, at a meeting chaired by Speaker Dr. Jagath Wickramaratne recently, decided that the Appropriation Bill for 2027 would be presented for its first reading today.

 

Accordingly, the Appropriation Bill for the year 2027 was presented to Parliament today (07) for its First Reading by the Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayantha.

 

The Appropriation Bill for the 2027 financial year provides for the allocation of financial resources required to meet government expenditure amounting to rupees four thousand nine hundred ninety two billion seven hundred seventy-three million three hundred eighty-eight thousand, as well as provisions authorising the Government to obtain loans, among other matters.

 

Accordingly, the 2027 Budget Second Reading, which includes the presentation of the Budget Speech and Budget Proposals, is scheduled to take place on 12 November 2026.

 

Thereafter, the Second Reading Debate is scheduled to be held over seven days, from 13 November to 20 November, with the vote on the Second Reading scheduled for 6.00 p.m. on 20 November.

 

Subsequently, the Committee Stage Debate on the Appropriation Bill is scheduled to be held over 19 days, from 21 November to 14 December. The vote on the Third Reading of the Budget is scheduled to take place at 6.00 p.m. on 14 December.

 

During the period of the Budget Debate, Parliament is scheduled to meet at 9.30 a.m. every day, including Saturdays, except on public holidays and Sundays.

 

The 2027 Appropriation Bill provides the necessary legal framework for government expenditure during the financial year from 1 January to 31 December 2027, including the provision of financial resources for such expenditure and the authorisation required for obtaining the relevant loans.

 

MostRead
Mobitel 1278
VideoStories
 Opposition Leader visits Lunugamvehera to assess human-elephant conflict

Opposition Leader visits Lunugamvehera to assess human-elephant conflict

 Suspected thief tied to a tree and assaulted by villagers dies while in police custody

Suspected thief tied to a tree and assaulted by villagers dies while in police custody

 Several bank accounts of Rakitha Rajapakshe suspended;Rs. 40M found in frozen bank accounts?

Several bank accounts of Rakitha Rajapakshe suspended;Rs. 40M found in frozen bank accounts?

 Human Rights Watch raises concern over proposed Prevention of Organised Crime Bill

Human Rights Watch raises concern over proposed Prevention of Organised Crime Bill

Death of youth in Homagama Police custody: Police officers failed to follow proper procedures – SDIG

Death of youth in Homagama Police custody: Police officers failed to follow proper procedures – SDIG

 Police will not ‘whitewash’ officers involved in wrongdoing-Spokesman assures very strong action

Police will not ‘whitewash’ officers involved in wrongdoing-Spokesman assures very strong action

Sri Lanka's foreign reserves projected to exceed $8 billion by year end - CBSL Governor

Sri Lanka's foreign reserves projected to exceed $8 billion by year end - CBSL Governor

 Udaya Gammanpila files writ petition challenging court order on Satyagraha at Viharamahadevi Park

Udaya Gammanpila files writ petition challenging court order on Satyagraha at Viharamahadevi Park

Court to deliver ruling on MP Namal Rajapaksa’s bail application on Nov. 3

Court to deliver ruling on MP Namal Rajapaksa’s bail application on Nov. 3

Cyclone Arnab makes landfall in India

Cyclone Arnab makes landfall in India

 Sri Lanka's foreign reserves projected to exceed $8 billionby year end, says CBSL Governor

Sri Lanka's foreign reserves projected to exceed $8 billionby year end, says CBSL Governor

 Udaya Gammanpila files writ petition challenging court order on Satyagraha at Viharamahadevi Park

Udaya Gammanpila files writ petition challenging court order on Satyagraha at Viharamahadevi Park

Cyclone Arnab moves closer to India…

Cyclone Arnab moves closer to India…

Airbus Deal Case: Indictments filed against Namal and three others

Airbus Deal Case: Indictments filed against Namal and three others

New anti-terror law: Will Sri Lanka risk losing GSP+ benefits?

New anti-terror law: Will Sri Lanka risk losing GSP+ benefits?

Lassana Flora