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Friday, 23 October 2015 - 14:00
Budgetary allocation for education increased by 4 fold
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According to the Appropriation Bill for the year 2016, the total expenditure of the government is 1941 billion rupees. 

More than 67 of the appropriations are recurrent expenditure.

The total special expenditure has been accounted at 112 billion rupees.

It includes the Presidential Secretariat, the Prime Minster’s Office, and Ministry offices, the Parliament, the Opposition Leader’s Office, the Bribery Commission, the Human Rights Commission and the Election Commission.

The total allocation for the President next year is 2.3 billion rupees against 9.6 billion rupees in the previous year.

The Defence budget has risen for the year 2016 as well. 

In Contrast to the previous year, the Defence budget has gone up by 21 billion rupees. 

The Defence budget last year was 285 billion rupees and it has increased up to 306 billion rupees next year.

At the same time, it is significant to note that the allocation for Education has gone up to 185 billion rupees from the previous year’s allocation of 47.6 billion rupees.

Meanwhile,  The Health Ministry has been allocated 174 billion rupees, the Provincial Council and Local Government Ministry has been allocated 237 billion rupees and the Finance Ministry has been allocated 107 billion rupees.

The Tourism and Christian Affairs ministry, the Southern Development Ministry and National Integrated ministry, have been allocated the least amount of funds.

The presentation of Appropriation Bill is considered the first reading of the budget and the presenting of the budget by the Finance Minister is considered the second reading. 

It will be held on the 20th of November

The vote taking for the budget 2016 would be held on 19th of December

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