- Last Update 2024-07-16 17:10:00
Govt withdraws amended Vote on Account
The Government today withdrew the amended Vote on Account that sought to increase expenditure and the debt ceiling.
The Government had propsoed to increase the debt ceiling from Rs 721 billion to Rs 1078 billion with additional budgetary provisions for Rs 367 billion.
The Government had stated that it is seeking these funds to settle bills of completed projects implemented by various Ministries under the previous Government.
Leader of the House Dinesh Gunawardena announced that the Government was withdrawing the Vote on Account as the Opposition was opposed to the motion.
Opposition Leader Sajith Premadasa though, countered that the Opposition was the section of the motion that dealt obtaining funds for development projects and was only opposed to increasing the debt ceiling.
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Deadline extended for G.C.E. A/L applications
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