December 31, Colombo (LNW): The Cabinet of Ministers has given its formal approval to submit the Appropriation Bill for the financial year 2025 to Parliament, marking a significant step in the country’s fiscal planning for the coming year.
This decision, made during the Cabinet meeting on November 25, clears the way for the bill’s official presentation and subsequent approval by the legislature.
In accordance with the Cabinet’s directive, the legal draftsman has been tasked with preparing the necessary documentation for the Appropriation Bill.
Following the completion of this draft, the Attorney General’s office has provided the required legal clearance for the bill, ensuring that all procedures are in compliance with legal and constitutional requirements.
With the Attorney General’s approval in place, President Anura Kumara Dissanayake, who also serves as the Minister of Finance, Planning and Economic Development, presented the proposal to the Cabinet.
The proposal outlines the next steps, which involve publishing the bill in the Government Gazette before it is officially tabled in Parliament for debate and approval.
The presentation of the Appropriation Bill to Parliament will be followed by a series of discussions, where lawmakers will scrutinise the allocations and potentially suggest amendments.
