22 August 2016 06:28 am
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)