Written by Lahiru Fernando
08 Oct, 2017 | 10:15 pm
The 2018 Appropriations Bill carries an estimate of the state’s expenditure and revenue for the coming year.
It is set to be tabled in Parliament tomorrow, October 9) by State Minister of Finance Eran Wickremaratne.
Meanwhile, a special sitting of Parliament is also to be held tomorrow, to adopt amendments to local government ordinances.
Rs. 3,982 Billion – Such is the state’s estimated expenditure for 2018, according to the 2018 Appropriations Bill draft presented to Cabinet by Mangala Samaraweera – the Minister of Finance and Mass Media.
Rs. 2,175 billion – Statement issued by the Finance Ministry says that this is the estimated state revenue for the year.
*Source: Central Bank reports
The second reading of the Appropriations Bill, also known as the budget speech, will take place in parliament on November 9, 2017
Public views and proposals on the 2018 budget will be considered until the October 18, 2017 – said the Ministry of Finance.
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