June 29, Colombo (LNW): A special session of Parliament has been scheduled for tomorrow (30), following a formal request by the Prime Minister and in accordance with Standing Order 16.
Speaker Dr Jagath Wickramaratne has issued a Gazette Extraordinary summoning Members of Parliament to gather at 9:30 a.m. for the occasion.
The decision to convene this extraordinary sitting was reached by the Committee on Parliamentary Business, prompted by statutory obligations laid out in the State Finance Management Act, No. 44 of 2024.
As stipulated in the Act, the Government is required to present its annual revenue strategy—aligned with its overarching fiscal framework—no later than the final day of June each year.
The Finance Minister is expected to formally outline the Government’s revenue plan for the upcoming fiscal year, following the recent endorsement of the fiscal strategy statement by the Cabinet of Ministers.
The document is anticipated to provide key insights into the administration’s financial priorities, including revenue generation, expenditure control, and debt management initiatives.
In line with parliamentary procedure, tomorrow’s session will include an adjournment debate on the statement, allowing lawmakers to examine and respond to the Government’s economic approach.
The debate is expected to continue through to 4:30 p.m.
