Cabinet approves supplementary budget of Rs. 695 Bn

Cabinet approves supplementary budget of Rs. 695 Bn

Cabinet approves supplementary budget of Rs. 695 Bn

Written by Zulfick Farzan

31 May, 2022 | 10:45 am

COLOMBO (News 1st); Sri Lanka’s Cabinet of Minister approved the proposal to to submit a supplementary estimate to the Parliament for the provision of Rs. 695 billion under the “Budget Assistance Services and Emergency Responsibilities” project of the National Budget Department.

The proposal was made by the Prime Minister in his capacity as Minister of Finance, Economic Stabilization, and National Policies, said the Department of Government Information.

“The government has introduced a assistance package for Samurdhi Beneficiaries, Estate Communities, Pensioners and Government Servants at the beginning of 2022 to reduce the hardships faced by the public due to the adverse economic conditions,” said the Department in a statement.

The Department of Government Information noted that it was decided to submit a supplementary estimate to Parliament to cover the cost and secure the necessary funds to maintain the essential public services without hindrance.

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