Sri Lanka to present interim budget

Apr 23, 2010 (LBO) – Sri Lanka’s government is to present a ‘vote on account’ instead of a formal budget for the three-month May to July period and a ‘mini-budget’ thereafter to cover spending till year’s end, a spokesman said. This was because of presidential and parliamentary polls called ahead of schedule, both of which were won by incumbent president Mahinda Rajapaksa and the ruling alliance. Former health minister Nimal de Silva told a news conference the normal budget process would be resumed in 2011.

The government last year sought parliament’s permission for a ‘vote on account’ for spending permission for the first four months of this year, based on last year’s projected budget.