Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Market up soon...
by Saman12 Today at 8:43 am

by Ryan Hudson Today at 5:11 am

» HVA might give dividend
by anjelo Yesterday at 1:35 pm

by samaritan Yesterday at 1:14 pm

by dsam Mon Jun 18, 2018 2:21 pm

» PREDICT And WIN..........
by Eugine Fernando Mon Jun 18, 2018 2:12 pm

» TOUGH TIMES AHEAD........!!!!!!!!
by cruiserdude Mon Jun 18, 2018 10:47 am

by glad Sat Jun 16, 2018 10:34 am

» Chicken imports to be banned
by TuTanKaman Thu Jun 14, 2018 7:48 am

» VLL - Vidullanka PLC Private Placement
by The Hunter Wed Jun 13, 2018 9:20 pm

» CALF doubled price genuine?
by ruwan326 Wed Jun 13, 2018 10:47 am

» LLUB - foreign exit
by ruwan326 Wed Jun 13, 2018 10:42 am

» Howmuch will the dollar be in one week
by anges Tue Jun 12, 2018 7:21 pm

by lishanthan Mon Jun 11, 2018 8:30 pm

» GARMENT INDUSTRY to enjoy double digit growth in the following year
by reyaz Mon Jun 11, 2018 1:59 pm

» Sira price to increase
by reyaz Mon Jun 11, 2018 1:33 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » Appropriation Bill tabled in P’ment; 2012 maximum borrowing at Rs. 1.15 t

Appropriation Bill tabled in P’ment; 2012 maximum borrowing at Rs. 1.15 t

Go down  Message [Page 1 of 1]


The Government plans to increase its total maximum borrowing by 15.3% in 2012 year-on-year to Rs. 1.15 trillion, while total expenditure is forecast at Rs. 2.22 trillion, as per the Appropriation Bill tabled in Parliament yesterday.
A total expenditure of Rs. 2.22 trillion was forecasted in the Appropriation Bill for 2012 presented to Parliament by Prime Minister D.M. Jayarathne.

Spending on economic development is estimated at Rs. 104.6 billion while the bill shows a spending on defence and urban development is estimated at Rs. 229.9 billion, a 7% increase compared to the previous year. The bill shows spending on health estimated at Rs. 73.9 billion an 18.8% increase from this year’s Rs. 62.2 billion. Education shows Rs. 33.2 billion up 8%, Finance and Planning at Rs. 124.2 billion and ports and highways at Rs. 144.6 billion.
According to the Bill estimated expenditure on petroleum industries is Rs. 108 Billion, power and energy Rs. 33 billion rupees, Construction, engineering services, housing and common amenities Rs. 2.7 billion, labour and labour relations Rs. 1.5 billion and technology and research Rs. 3.1 billion.
The full budget is to be presented in parliament with revenue proposals on November 22 by President Mahinda Rajapakse.
The Government earlier this month said it planned to trim its budget deficit to 6.2% of its 2012 gross domestic from this year’s estimated 6.8%. It is aiming for eight per cent growth in its $ 50 billion economy.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum