Sri Lanka’s ‘IMF-friendly’ budget 2023 gains parliamentary nod
Posted on November 22nd, 2022

Courtesy Financial Express

President Ranil Wickremesinghe, who is also the finance minister, had presented the budget on November 14 featuring tax reforms to raise government revenue

Sri Lanka‘s Parliament on Tuesday approved the 2023 budget, with 121 lawmakers voting for and 84 opposing it in the 225-member House.

President Ranil Wickremesinghe, who is also the finance minister, had presented the budget on November 14 featuring tax reforms to raise government revenue.

On Tuesday, second reading of the budget was approved by a majority of 37 votes in Parliament with 121 members voting in favour while 84 voted against.

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