August 19, 2022
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    Presentation of the Appropriation Bill (Amendment) for the year 2022 in Parliament

    July 05, 2022

    Presentation of the Appropriation Bill (Amendment) for the year 2022 in Parliament

     

    Cabinet Decision on 04.07.2022


    Normal livelihoods have been affected due to exchange rate depreciation, rising inflation and
    shortage of essential commodities like fuel, gas and electricity. Also, it has affected the sectors like
    agriculture, transportation, industries and exports and has made people's life in a very uncomfortable
    situation. Based on this situation, the Cabinet l of Ministers, at the meeting held on June 6, 2022 has
    approved to present a new budget for the year 2022. taking into account all the relevant facts the
    Cabinet of Ministers approved the proposal presented by Hon. Prime Minister in his capacity as the
    Minister of Finance, Economic Stability and National policies to revise the budget estimates adopted
    by Appropriation Act No. 30 of 2021 for the year 2022 and to submit the bill prepared by the legal
    draftsman and cleared by the Attorney General, after publication in the Government Gazette, to the
    parliament for approval.

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