📆 Sri Lanka’s Budget 2027 Timeline Formally Announced
The Finance Ministry has outlined the official timetable for the preparation and passage of the 2027 Appropriation Bill through Parliament, setting key legislative milestones for the upcoming fiscal year. • Key Schedule & Legislative Milestones: 14 September: Draft Appropriation Bill outlining proposed expenditure allocations per Ministry to be submitted for Cabinet approval. 18 September: Publication of the Appropriation Bill in the Government Gazette. 7 October: First Reading of the Bill in Parliament. 12 November: Second Reading and the official Budget 2027 speech. • Debate and Approval Window: 13 – 20 November: Second Reading debate in Parliament. 21 November – 14 December: Committee Stage debate to run consecutively, concluding the final voting process. This structured timeline ensures national expenditure plans undergo full parliamentary review, impacting broader economic policy and state-sector expenditure allocations for 2027.