Small Wallet — Updated

Sri Lanka is tipped to head for a mini budget as signs of the UNF budget making its way to Parliament this year, diminish.rnrnrn
Government finances run on a calendar year and a Vote on Account (mini budget) is needed to ensure the administration runs for an interim period.rn

rnPresident Chandrika Kumaratungas move on Tuesday to sack three key ministers and suspend parliament till November 19, put the November 12 budget on the backburner.rn

rnldblquote Parliament had already approved the first reading when this happened. Two years of hard work to build strong economic management has been washed away. There is great uncertainty where government business is concern, specially where finances are involved,
dblquote Cabinet Spokesman and Constitutional Affairs Minister Prof. G L Pieris told reporters on Wednesday.rn

rnPieris said the budget has to be placed before legislators and approved by the end of December. If parliament continues to be prorogued, the President can use her executive powers and g