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2017 annual budget on Nov. 10

22 August 2016 06:28 am - 5     - {{hitsCtrl.values.hits}}


The government will present the 2017 annual budget to Parliament on November 10, and allot one whole month till December 10 for the debate, Finance Minister Ravi Karunanayake said yesterday.

Minister Karunanayake told Daily Mirror the government had initiated the process of formulating the annual budget.

President Maitripala Sirisena, Prime Minister Ranil Wickremesinghe and Mr. Karunanayake have already met. The Minister said other segments concerned would be engaged in the preparation of the budget.

“The main budget speech will be made on November 10,” he said.

This will be the third budget to be presented in the House after the change of government in January 8, last year.

Meanwhile, the Cabinet will decide on the new Valued Added Tax (Amendment) Bill tomorrow.(Kelum Bandara)

  Comments - 5

  • Unam Monday, 22 August 2016 10:07 AM

    get ready for more taxes and further burdens without any economic growth either.

    Wele Vidane Monday, 22 August 2016 10:30 AM

    This time try your best to do it at once.

    sugath Monday, 22 August 2016 11:35 AM

    You failed twice. The country cant afford a third failure. via DM Android App

    Dinesh Monday, 22 August 2016 11:49 AM

    Another screw up!!!....Ravi is still struggling to implement the last budget and almost a year is going to pass....

    Piyumi Fernando Monday, 22 August 2016 12:09 PM

    The only thing left in the last budget was "Garu Kathanayaka thumani". Wonder what will happen next time! You are failed as the FM Mr Ravi.

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