The National People’s Power (NPP) government’s Appropriation Bill 2027, which was gazetted this week, estimates total government expenditure of over Rs. 4992 billion (Rs. 4.99 trillion) for next year. According to the Bill, the largest allocations have been made to the following ministries: Ministry of Finance, Planning and Economic Development (Rs 856.9 billion), Ministry of [...]
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The National People’s Power (NPP) government’s Appropriation Bill 2027, which was gazetted this week, estimates total government expenditure of over Rs. 4992 billion (Rs. 4.99 trillion) for next year.
According to the Bill, the largest allocations have been made to the following ministries: Ministry of Finance, Planning and Economic Development (Rs 856.9 billion), Ministry of Public Administration, Provincial Councils and Local Government (Rs 651 billion), Ministry of Health and Mass Media (Rs. 590.5 billion), Ministry of Transport, Highways and Urban Development (Rs 500 billion,) Ministry of Defence (Rs. 458 billion), Ministry of Education, Higher Education & Vocational Education (Rs 328 billion), Ministry of Public Security & Parliamentary Affairs (Rs. 230.5 billion) and the Ministry of Agriculture, Livestock, Land and Irrigation (Rs 218 billion).
Several ministries have seen a significant increase in their fund allocations as compared to last year’s budget. They include the Ministry of Finance, Planning and Economic Development (Rs 856.9 billion from Rs 634.8 billion), the Ministry of Public Administration, Provincial Councils and Local Government (Rs 651 billion from Rs. 596 billion) and the Ministry of Health and Media (Rs 590.5 billion from Rs. 555 billion).
President Anura Kumara Dissanayake will present the Second Reading of Appropriation Bill 2027 (Budget 2027 Speech), on November 12.
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