President to Unveil Second Budget of NPP Administration in Parliament Tomorrow

Date:

November 06, Colombo (LNW): Sri Lanka’s Parliament is set to convene tomorrow (07) for the presentation of the second annual budget of the National People’s Power (NPP) government.

This occasion also marks the nation’s 80th budget since gaining independence.

President Anura Kumara Dissanayake, who also holds the Finance portfolio, is expected to deliver the second reading of the Appropriation Bill — commonly known as the Budget Speech — outlining the government’s financial framework and policy priorities for 2026. The first reading of the Bill was tabled before Parliament on September 26 this year.

Once the budget has been presented, parliamentary proceedings will move into debate on the second reading of the Appropriation Bill, beginning on Saturday (08). Lawmakers have been allotted six days for this stage of discussion, with the final vote on the second reading scheduled for 6.00 p.m. on November 14.

Following this, the Committee Stage debate — where individual expenditures of ministries and state institutions are examined in detail — will continue for 17 sitting days from November 15 to December 05.

The third reading and final vote on the 2026 Budget are due to take place at 6.00 p.m. on 5 December, bringing the comprehensive budget process to a close.

Share post:

spot_imgspot_img

Popular

More like this
Related

India Giving JVP State Patronage for credibility 

By Adolf Recent developments suggest that India may be leveraging...

Sri Lanka Considers Compensation for Colonial Abuses

Sri Lanka’s Parliament has become the latest arena in...

Sri Lanka’s US Trade Surplus Faces Test amid Rising Tariffs

Sri Lanka’s trade relationship with the United States remains...

World Bank Strategy Targets Jobs, Resilience after Sri Lanka Floods

With Sri Lanka facing recurring floods and cyclones that...