President Ranil Wickremesinghe, who also serves as the Minister of Finance, is set to present the 2024 budget report to Parliament tomorrow (13). The announcement was made following a comprehensive discussion about the final stages of the budget's preparation and delivery at the President's official residence today.
In attendance were key figures involved in the budgetary process, including Ministers of State for Finance Ranjith Siyambalapitiya and Shehan Semasuinghe. The discussion also included the participation of Presidential Senior Adviser on National Security and Chief of Staff Sagala Ratnayaka, President's Secretary Saman Ekanayake, Presidential Senior Adviser on Economic Affairs Dr. R.H.S. Samaratunga, Treasury Secretary Mahinda Siriwardena, and Central Bank Governor Dr. Nandalal Weerasinghe.
The budget presentation holds significant importance as it outlines the government's fiscal priorities, allocations, and policy direction for the upcoming financial year. President Wickremesinghe, assuming the dual role of Head of State and Finance Minister, is expected to articulate key economic strategies and initiatives aimed at driving growth, addressing challenges, and ensuring fiscal responsibility.
The comprehensive discussion among key stakeholders reflects the collaborative effort involved in formulating a budget that aligns with national development goals and economic stability. The involvement of senior advisers, state ministers, and top officials underscores the thorough and consultative approach taken in shaping the financial roadmap for the year ahead.