Budget 2012

7 October 2011 07:27 am - 9 - {{hitsCtrl.values.hits}}

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The Budget 2012 will be presented in Parliament on November 21 by President Mahinda Rajapaksa. The Appropriation Bill for the Financial Year 2012 is scheduled to be presented on October 18.

The total estimated expenditure for 2012 is Rs.2,220 billion which shows the increase in recurrent expenditure from Rs.1,029 billion in 2011 to Rs.1,109 billion in 2012. The capital expenditure in 2012 will rise to Rs.1,111 billion from Rs.938 billion in 2011. The total income in 2012 is Rs.1,115 billion. Public investment has increased from Rs.453 billion in 2011 to Rs.541 billion in 2012 in order to maintain the momentum in the growth rate of 8%, cabinet spokesman Keheliya Rambukwella said today. (SAJ)

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Comments - 9

sukiri Friday, 07 October 2011 07:41 AM

why after the elections?? have them before and see the change in vote.

citizen Friday, 07 October 2011 08:07 AM

hope that the govt will allocate lot of money for infrastructure development

Dee Friday, 07 October 2011 08:43 AM

Our people need time to recover from the joys of election victory to apprehend the shock.

Rasee Friday, 07 October 2011 09:12 AM

Nothing to worry dont have anything to say except Ohh Salary

Ranjith. BG Friday, 07 October 2011 09:36 AM

Hope budget will be better Sri lanka for future.

ramzeel Friday, 07 October 2011 10:50 AM

The expenditure would have been much less if that 10% was not forcefully taken.

Vishaal Friday, 07 October 2011 02:34 PM

True......but will the majority pf people be happy afer the election results anyway !

Vishaal Friday, 07 October 2011 02:35 PM

Good luck !

DN Friday, 07 October 2011 03:10 PM

Voters can see the election results on 21st.

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Budget 2012

Comments - 9

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