Cabinet approves submission of 2023 Appropriation Bill  to Parliament

Date:

The proposal submitted by President Ranil Wickremesinghe as the Minister of Finance, Economic Stabilization and National Policy to submit the Appropriation Bill for the financial year 2023 to the Parliament has been approved by the Cabinet.

The total recurring expenditure for the year 2023 is estimated at Rs 4634 billion and the total capital expenditure is estimated at Rs 3245 billion.

Accordingly, the Cabinet Spokesman, Minister Bandula Gunawardena stated that after consideration by the Cabinet, the draft bill prepared including the draft budget estimates for each budget was approved for submission to the Parliament.

Share post:

spot_imgspot_img

Popular

More like this
Related

‘Blood Moon’ Lights Up the Skies — Captured Through LNW’s Lens!

By : Puli September 08, Colombo (LNW): A spectacular celestial...

Stock of Suspected Ice Raw Materials Found in Kandana House

Colombo (LNW):Police in Middeniya have discovered another large stock...

Dhammika Perera Expands Empire with Strategic Partnership in LAUGFS Holdings

Colombo (LNW): Sri Lanka’s leading business tycoon, Dhammika Perera,...

Heavy Showers & Thunderstorms Expected in Several Provinces Today – Public Urged to Stay Safe (September 08)

Colombo (LNW): Showers or thundershowers may occur at several...