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Budget for 2021 passed with amendments

The 2021 Budget has been passed in Parliament with a two thirds majority.

151 Members of Parliament voted in favour of the Budget while 54 MPs voted against.

Accordingly, the 2021 Budget was passed in Parliament with a majority of 97 votes.

The Committee Stage or the debate or the third reading of the 2021 Budget drew to a conclusion today after 16 days having commenced on the 23rd of November.

According to the 2021 Budget, estimated government revenue for 2021 is Rs.1,961 billion while total expected government expenditure is Rs.3,525 billion.

The 2021 Budget deficit will be Rs.1,564 billion or 9%.

The government aims to achieve an economic growth of 5.5 percent in 2021 through the implementation of the 2021 Budget proposals.

The second reading of the 2021 Budget was passed, with a majority of 99 votes, on the 21st of November.

151 Parliamentarians voted in favour of the 2021 Budget while 52 votes were cast against it.

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