ECONOMYNEXT – Sri Lanka’s total spending for 2016 is estimated at 3,138 billion rupees and revenue estimated at 1,789 billion, including foreign grants, according to the Appropriation Bill, a government spokesman said.
Cabinet of minister approved a proposal by Finance Minister Ravi Karunanayake to table the appropriation bill for 2016 in parliament on October 23, government spokesman Health Minister Rajitha Senaratne said.
Government revenue and spending estimates were prepared after talks with ministries, provincial councils and other parties, he told a news conference.
According to the total spending and revenue estimates, a deficit of 1,349 billion rupees needs to be bridged with foreign and domestic loans.
Cabinet of minister approved a proposal by Finance Minister Ravi Karunanayake to table the appropriation bill for 2016 in parliament on October 23, government spokesman Health Minister Rajitha Senaratne said.
Government revenue and spending estimates were prepared after talks with ministries, provincial councils and other parties, he told a news conference.
According to the total spending and revenue estimates, a deficit of 1,349 billion rupees needs to be bridged with foreign and domestic loans.
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