Sri Lankan President Anura Kumara Dissanayake is to present the final 2027 Budget proposal to parliament today (12), which is to help Sri Lanka transition from economic stabilisation to expansion, with a Rs 2,000 billion capital allocation, a statement released by his office yesterday said.

“Moving beyond the goal of economic stabilisation towards economic expansion and transformative development, the 2027 Budget, which includes Rs 2,000 billion in capital allocations, is scheduled to be presented to Parliament,” the statement said.

Accordingly, the statement said that despite Sri Lanka facing both domestic and external challenges last year – including cyclone Ditwah and the Middle East crisis – the present Government has managed to make progress across several key sectors of the economy through sound management and strict fiscal discipline.

The statement said that the President noted that despite the domestic and external challenges faced by the country, the upcoming Budget would focus on ensuring that the benefits of economic stability reach the people while supporting the country’s development.