Debate on Second Reading of 2027 Budget begins today

The parliamentary debate on the Second Reading of the 2027 Budget begins today, following the presentation of the government's fiscal roadmap by President Anura Kumara Dissanayake. The comprehensive national budget outlines significant policy revisions, expenditure targets, and tax reforms aimed at revitalising Sri Lanka's economic stability.

Over the coming days, members of parliament across party lines will deliberate on the key economic indicators, revenue generation measures, and social welfare allocations outlined in the budget speech. Opposition members are expected to present counter-assessments regarding the cost-of-living adjustments and fiscal targets, while government parliamentarians defend the proposed strategies.

The 2027 Budget sets a budget deficit target of Rs. 1.753 trillion, representing approximately 4.5 percent of Gross Domestic Product (GDP). Key focal areas under review include enhanced public sector investments, expanded tax thresholds, and targeted funding for public welfare and national infrastructure development.