Eran to present Appropriation Bill 2018 today, Oct 9

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State Minister for Finance Eran Wickramaratne will present the Appropriation Bill for the financial year 2018 for the first reading today, October 9.

The Finance Minister MangalaSamaraweera will present the 2018 Budget during the second reading of the Appropriation Bill on November 9th. The second reading of the 2018 Budget will be held on November 10th, 11th,13th,14th and 15th while the Committee stage debate will be from November 16th with the vote on the third reading of budget fixed for December 9th.

The Appropriation Bill 2018 was gazetted on 18 September 2017 to provide for the service of the financial year 2018, seeks passage to authorise the raising of loans inside or outside Sri Lanka, for the purpose of such service; to make financial provision in respect of certain activities of the Government during that financial year; to enable the payment by way of advances out of the Consolidated Fund or any other fund or moneys, of or at the disposal of the Government, of moneys required during that financial year for expenditure on such activities; to provide for the refund of such moneys to the Consolidated Fund and to make provision for matters connected therewith, reports say.

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