The Cabinet of Ministers has approved the submission of a Vote on Account to cover government expenditure for the period from January to April 2025.
Cabinet Spokesman Minister Dr. Nalinda Jayatissa said the relevant Parliamentary debate will be held on 05 and 06 December 2024.Â
Accordingly, approval has been given to prepare the Vote on Account related to expenses, debt service, and debt restructuring for the first four months of 2025.
Meanwhile, the Cabinet has also approved the presentation of a Supplementary Estimate, to the tune of Rs. 219.3 billion, for the year 2025 to Parliament in January 2025.
Cabinet Spokesman Minister Dr. Nalinda Jayatissa said the budget proposals for the year 2025 will be presented to Parliament on 09 January, followed by the second reading on 17 February.Â
He further said that budget debates will take place between 27 February and 21 March next year. (Islandnews)
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