By Maheesha Mudugamuwa
A Vote on Account allocating around Rs. 1 trillion is to be presented in Parliament tomorrow (21), The Morning learnt.
Following the convening of the Ninth Parliament yesterday (19), Trade Minister Dr. Bandula Gunawardane clarified that the Vote on Account would be presented on Friday (tomorrow).
The expenses expected to be covered by the Vote on Account are in relation to construction projects, repayment of foreign loans, and new road and power projects, it is learnt.
However, Industries Minister Wimal Weerawansa said the fully fledged budget proposal would be presented in November; the Vote on Account was to be presented to allocate funds till the Budget is prepared, he said.
Once it is presented to the House, the Vote on Account will be taken up for debate and a vote prior to implementation.
A Vote on Account allocating around Rs. 1 trillion is to be presented in Parliament tomorrow (21), The Morning learnt.
Following the convening of the Ninth Parliament yesterday (19), Trade Minister Dr. Bandula Gunawardane clarified that the Vote on Account would be presented on Friday (tomorrow).
The expenses expected to be covered by the Vote on Account are in relation to construction projects, repayment of foreign loans, and new road and power projects, it is learnt.
However, Industries Minister Wimal Weerawansa said the fully fledged budget proposal would be presented in November; the Vote on Account was to be presented to allocate funds till the Budget is prepared, he said.
Once it is presented to the House, the Vote on Account will be taken up for debate and a vote prior to implementation.