Appropriation Bill for 2019 submitted to Parliament

The Appropriation Bill for the year 2019 was presented to Parliament by Finance Minister Mangala Samaraweera today.

The Appropriation Bill looks to authorize the raising of loans in or outside Sri Lanka, for the purpose of such service; to make financial provision in respect of certain activities of the Government during that financial year; 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; to provide for the refund of such moneys to the Consolidated Fund and to make provision for matters connected therewith or incidental thereto.