2027 අයවැය අද පාර්ලිමේන්තුවට...

Daily Mirror reports that Cabinet approval for the 2027 Budget came before President Anura Kumara Dissanayake’s parliamentary address. Rupavahini News reports that on November 11 he examined the completed Budget document at the Presidential Secretariat, with the Finance Ministry secretary present, before presenting it the next afternoon. Newswire reports that he delivered the Budget in Parliament on November 12 and that it is the third Budget of the National People’s Power government.

Rupavahini News reports that the Budget provides Rs. 2,000 billion for capital spending and aims to promote economic growth and structural change beyond stabilisation. Daily FT describes the Budget as oriented toward investment and reports that relief was expected for people affected by recent stabilisation policies, climate impacts and the Middle East conflict. Rupavahini News also identifies the Ditwah disaster and Middle East crisis as challenges.

Newswire reports proposals to raise the income-tax threshold below which personal earnings are exempt, end VAT on school exercise books and printed books, change public-sector staff allowances and give pensioners further support. The outlet also lists intended spending or initiatives in infrastructure, education, health, agriculture, tourism, digital transformation and investment. Newsfirst reports plans for substantial support to the tea, rubber and coconut sectors, but its report excerpt gives no complete funding figure or export target.

Newswire reports a proposed Rs. 117.3 billion for expressways. Of that, Rs. 53.45 billion is earmarked for the Kadawatha–Mirigama Central Expressway segment, with completion targeted for September 2028; Rs. 4.5 billion for Pothuhera–Rambukkana, expected by May 2027; and Rs. 2.35 billion for Rambukkana–Galagedara, targeted for July 2029. Newswire also reports Rs. 30 billion for the first stage of the Kurunegala–Dambulla Expressway, between Kurunegala and Galewela, and Rs. 27 billion for the Kahathuduwa–Ingiriya initial stage of the Ruwanpura Expressway.

EconomyNext reports that Dissanayake told Parliament the government intends to complete its current IMF Extended Fund Facility, due to end in March 2027. It says he noted uncertainty about the effects of international and natural shocks and the need to build reserves. EconomyNext reports that a Cabinet committee led by the Deputy Minister of Finance and Planning, with the Central Bank Governor, the Finance Ministry secretary and economic specialists, is to consider whether Sri Lanka should enter another IMF arrangement and what type. The outlet says the comments came amid criticism of government economic policies over their effect on growth.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.