A+draft+bill+proposal+to+raise+Treasury+bill+ceiling+by+400+billion+rupees+to+Parliament+today
Tuesday, 20 October 2015 - 13:08
A draft bill proposal to raise Treasury bill ceiling by 400 billion rupees to Parliament today
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The proposal to increase the loan facility the government can obtain through treasury bills by 400 billion rupees will be presented to parliament today.

Finance Minister Ravi Karunanayka will present the proposal to parliament today.

When the same proposal was put forward on April 7th during the 100 day government, it was defeated by 21 votes.

31 voted for the proposal while 52 voted against.

However Finance Minister Ravi Karunanayaka speaking to our news team stated that the proposal will be passed in Parliament.

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