June 30, Colombo (LNW): The Sri Lankan Parliament is meeting in a special session today (30), commencing at 9:30 a.m., to receive the Government’s Mid-Year Fiscal Strategy Statement.
The session is being held under the direction of Speaker Dr Jagath Wickramaratne, following a formal request from the Prime Minister in line with Standing Order 16.
This annual presentation is a statutory requirement under Section 11 of the State Financial Management Act No. 44 of 2024, which obliges the Government to deliver a comprehensive overview of its fiscal approach by June 30 each year.
The statement is expected to shed light on revenue policies, expenditure trends, debt strategies, and broader macroeconomic objectives for the second half of the year.
Today’s proceedings are considered crucial, as they offer Parliament an opportunity to scrutinise the financial direction of the Government at a time of ongoing economic adjustment and recovery.
The presentation will be followed by a debate on the adjournment motion, allowing Members of Parliament to raise concerns, propose alternatives, and engage in dialogue until 4:30 p.m.
Parliament will next meet on July 8, 9, and 11, when attention is expected to return to pending legislation and policy matters carried over from the previous sessions.
