The forthcoming budget that will be presented on Nov 10 will really be a people’s budget as it would incorporate ideas proposed by the people from all corners of the country. The Ministry of Finance states that it has already received over 2200 proposals from the people. 

This also includes proposals from other sectors of the economy, trade unions;trade chambers corporate sector, companies and individual firms.

Finance Minister Ravi Karunanayake said that all these proposals were being studied before finalizing the budget as the government has adopted a bottom up approach to make the budget a reality. All these years the previous governments have been in the habit of adopting top bottom approach for budget making which was also considered imperative to maintain the Macro economic variables.