An Economic Management Committee will be appointed to ascertain the increment of expenditure and the reduction of the revenue due to the recent amendments to the budget proposals, Prime Minister Ranil Wickremesinghe said.

Addressing the Parliament this morning, Wickremesinghe said that the committee members will be appointed from the Cabinet of Ministers.

The Prime Minister also said that the amendments to the budget were introduce after discussions with all political parties.

The government yesterday agreed to make several key amendments to the budget yesteray during a meeting between the Prime Minister and the SLFP MPs.