Budget 2024 : Passed in Parliament with 41 majority votes

December 13, 2023 at 6:56 PM

The third reading of the Appropriation Bill for the fiscal year 2024 was passed in Parliament with a majority of 41 votes today (Dec 13).

Accordingly 122 MPs voted in favour of the Budget 2024, while 81 MPs voted against it, and 01 MP abstained from voting.

Earlier in November, the second reading of the Appropriation Bill for the fiscal year 2024 was passed in Parliament with a majority of 45 votes.

A total of 122 had voted in favour of the Budget 2024, while 77 MPs voted against it, and 25 MPs didn’t attend the voting.

The Appropriation Bill for the fiscal year 2024 was presented to the Parliament on November 13 by President Ranil Wickremesinghe, in his capacity as the Minister of Finance.

The government set a fiscal deficit target of 2.85 trillion Sri Lankan rupees in 2024, or 9.1% of GDP, higher than the revised 8.5% of GDP in the current year. (NewsWire)