INSUBCONTINENT EXCLUSIVE:
President Anura Kumara Dissanayake, in his capacity as the Minister of Finance, Economic Stabilization and National Policies, provided his
maiden full budget focused on developing the nation in a manner that allows it to pay back debt when payment starts in 2028 today (17 )
According to the Head of State, the deficit spending for the fiscal year 2025 is approximated at Rs
2,200 billion, which is 6.7 as a percentage from the GDP.The overall expenditure for next year will be Rs
7,190 billion, which is 21.8% of the countrys GDP and the overall profits and grants will be Rs
In the 79th Budget of independent Sri Lanka, the federal government has actually assigned Rs
5,886 billion for recurring expense such as subsidies and income payments
For wages and incomes, Rs
1,230 billion has actually been set aside, and Rs
1,290 billion for aids and transfers.
