Budget 2016: Finance Minister says reviving economy is top priority

Budget 2016: Finance Minister says reviving economy is top priority

Written by Staff Writer

19 Nov, 2015 | 9:11 pm

Minister of Finance Ravi Karunanayake says reviving the country’s economy is the top priority of the budget which is to be presented on November 20.

The inaugural budget of the new government is set to be presented in Parliament at 2 p.m. on November 20.

Thursday’s budget will spell out the new government’s future economic programme.

The President’s Media Unit said that the final touches for the budget proposal were made under the patronage of President Maithripala Sirisena, at the Presidential Secretariat on Thursday morning.

A group including Prime Minister Ranil Wickremesinghe, Minister of Finance Ravi Karunanayake, Minister of Development Strategies and International Trade Malik Samarawickrama, Governor of the Central Bank of Sri Lanka Arjuna Mahendran and Secretary to the Ministry of Finance R.H.S. Samaratunga were present.

Meanwhile Co-cabinet Spokesperson Minister Gayanatha Karunathilaka said that a special cabinet meeting on the budget is scheduled to be held on Friday morning.

Minister of Finance Ravi Karunanayake addressed the media on Thursday morning to elaborate on the proceedings.

Minister Karunanayake, speaking at the press conference, said that he will present the budget of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe’s government.  He also stated that they will be able to “show as to where priorities are basically being diverted to and with that they have to ensure a new Sri Lanka is born.”

News1st has made all arrangements to telecast the reading of the 2016 budget, starting from 1.15 on Friday afternoon. Viewers can also watch through live streaming by logging on to www.newsfirst.lk or you can simply follow us on Twitter using our handle newsfirst_en

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