The Sri Lankan government is gearing up for a critical financial milestone as the Budget - Appropriation Bill for the year 2024 is scheduled to be presented to Parliament on the 13th of November, 2023. This marks the commencement of a rigorous process to assess, debate, and ultimately approve the financial plan that will guide the country's economic and fiscal policies for the coming year.
The parliamentary schedule for this crucial event involves several key stages. The 2nd Reading of the bill is set to take place from the 14th to the 20th of November, during which members of Parliament will engage in thorough discussions to evaluate its contents. The most pivotal moment of this process is the voting, which is slated for the 21st of November. This vote will determine the bill's passage and signifies a major step in Sri Lanka's budgetary process.
Subsequently, the 3rd Reading of the Budget - Appropriation Bill for 2024 is scheduled for the 13th of December 2023. During this stage, Parliament will scrutinize the bill once more, addressing any remaining issues, and finally casting their votes to approve the budget.
These proceedings are meticulously planned and coordinated by the Business Committee of Parliament, which plays a crucial role in managing and overseeing parliamentary matters.