Appropriation Bill for 2019 submitted to Parliament

The Appropriation Bill for 2019 was submitted to Parliament today.

The Appropriation Bill provided for the service of the financial year 2019 to authorize the raising of loans in or outside Sri Lanka, for the purpose of such service and to make financial provisions in respect of certain activities of the Government during that financial year.

It also looks to enable the payment by way of advances out of the Consolidated Fund or any other fund or moneys of, or at the disposal of the Government, of moneys required during that financial year for expenditure on such activities.

The Bill also looks to provide for the refund of such moneys to the Consolidated Fund and to make provision for matters connected therewith or incidental thereto. (Colombo Gazette)

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