Sri Lankan parliament passes 2023 budget – South Asia Time

Sri Lankan parliament passes 2023 budget

 December 9, 2022  

COLOMBO — The Sri Lankan parliament on Thursday passed the 2023 budget with a majority of 43 votes.

According to the 2023 budget, the total government expenditure for the year will be 5,819 billion rupees (16 billion U.S. dollars) and the total revenue and grants will be 3,415 billion rupees.

President Ranil Wickremesinghe, in his capacity as the minister of finance, presented the 2023 budget to the parliament on Nov. 14, aimed at creating long-term stable economic growth.

A total o 123 lawmakers voted for the budget while 80 voted against the budget, which is the 77th budget of independent Sri Lanka. (Xinhua)