2025 Budget proposal to be presented on Jan. 9,

The 2025 Budget proposal will be presented to the Parliament on Jan. 9, 2025, Cabinet Spokesman Minister Dr. Nalinda Jayatissa confirmed.

During the Cabinet press briefing, the Minister stated that the Second Reading of the 2025 Budget (Budget Speech) will take place on February 17, while the debate on the Third Reading will be held from February 27 to March 21.

Furthermore, the Cabinet Spokesman added that the new government is expected to prepare the budget for the year 2025 as a budget that will strengthen the public’s trust in the government and take the initial steps towards the desired development so that the public’s expectations are fulfilled.

Accordingly, the Cabinet of Ministers has approved the proposal submitted by President Anura Kumara Dissanayake, in his capacity as the Minister of Finance, Planning and Economic Development, to prepare the Budget for the year 2025 in such a way that the necessary provisions can be made to implement the projects and programs identified by each Ministry under the scope of the Ministry, subject to the expenditure limits specified in the Public Finance Management Act, No. 44 of 2024 and in accordance with the Government Policy Statement.