The government will present the Appropriation Bill for the financial year 2024 to Parliament in November.
State Minister of Finance Ranjith Siyambalapitiya stated that the 2024 Budget speech will commence on November 13, 2023.
He further stated that the debate on 2nd reading of the Appropriation Bill will be held from 14 to 21 November, while the vote on the 2nd reading will be held on November 21.
The debate on the 3rd reading will be held from November 22 to December 13, the State Minister added.
Earlier today, the Cabinet of Ministers announced that approval has been granted for the submission of the Appropriation Bill for the year 2024 to Parliament.
According to the government, the Cabinet gave approval at their meeting held in July 2023 to draft the bill of appropriation for the financial year 2024.
Clearance of the Attorney General was thereafter received for the draft appropriation bill for the financial year 2024 prepared by the Legal Draftsman.
President Ranil Wickremesinghe, in his capacity as the Minister of Finance had presented a proposal to the Cabinet to publish the draft bill in the government gazette notification and subsequently to table the same in the Parliament for its approval.
Taking up for consideration the President’s proposal, the Cabinet granted approval to submit the 2024 appropriation bill to Parliament for approval. (NewsWire)