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Budget to be presented tomorrow

Nov 21, 2010 11:09:26 AM - itnnews.lk

The Budget that prepares the foundation to launch the massive programme to make Sri Lanka the miracle of Asia will be presented in Parliament tomorrow.

The President will present the budget in his capacity as the Minister of Finance. The budget is reported to be based on relief and development. It is aiming at bringing down the cost of living, strengthening the private as well as government sector and developing infrastructure in all regions in the country including the North and East. The expected expenditure for next year is 1.08 trillion rupees. The appropriation bill which is the prelude to the budget was recently presented in Parliament. The second reading of the budget which provides detailed information will be presented at 1.30pm. tomorrow. The first phase of the President’s planned programme for the next 6 years will be implemented following the budget.