Deputy Finance Minister Says Budget Focuses on Economic Transformation and Fiscal Discipline

Deputy Minister of Finance Anil Jayantha has described the upcoming national budget as one focused on economic transformation, fiscal discipline and transparent economic management, while addressing the challenges arising from Cyclone Ditwah and the ongoing crisis in the Middle East.

Speaking to the media at a press briefing on the budget, the Deputy Minister said the budget had been prepared with a focus on economic transformation, while taking into account public expenditure and the need to maintain fiscal discipline.

He noted that the government had managed the economy over the past two years amid challenges arising from social misconceptions, uncertainty and various economic pressures.

According to Anil Jayantha, the budget also reflects the government's efforts to maintain financial discipline while responding to the economic impact of Cyclone Ditwah and developments in the Middle East.

He further stated that the forthcoming budget had been formulated with a commitment to protecting the public mandate and ensuring transparency in economic management.

The Deputy Minister said the government aimed to present a budget that balances economic challenges with the need for responsible financial management and measurable results.