Second reading of 2022 revised Budget Appropriation Bill

Date:

The second reading of the revised Budget Appropriation Bill, which was prepared by amending the Budget Appropriation Bill passed for 2022, commenced in Parliament.

The bill was tabled in Parliament by President Ranil Wickremesinghe in his capacity as the Finance Minister.

Beginning the speech, the President noted that many people do not have a proper understanding of the depth of the huge crisis befallen the country.

He emphasised that welfare economy cannot continue and added that the privatisation of loss making public institutions should be a mandatory step.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Ceylon Dollar Bond Fund Shines amid Revival of Sovereign Confidence

Sri Lanka’s dollar bond market once battered by default...

Sri Lanka beer market balances tax burden with tourist-driven demand

Sri Lanka’s beer sector is navigating a delicate balance...

Expert Warns of dismantling tariffs and para-tariffs Risking  Economic Stability 

Sri Lanka must not rush into dismantling tariffs and...

Sri Lanka Tourism Booma, amidst Revenue Bust and : Mismanaged Agencies

Sri Lanka may be celebrating record-breaking tourist arrivals, but...