Sri Lanka’s 2027 Budget will be presented to Parliament on November 12, initiating more than a month of extensive legislative debate on the government’s fiscal allocations and economic strategies for the upcoming year.
The formal legislative process begins with the presentation of the Appropriation Bill for its First Reading on October 7. Following the official budget presentation on November 12, lawmakers will initiate the Second Reading debate on November 13. This phase will run through November 20, culminating in the Second Reading vote scheduled precisely for 6:00 p.m. that evening.
Key Developments
- October 7: First Reading of the Appropriation Bill to be introduced in Parliament.
- November 12: Official presentation of the 2027 Budget.
- November 13–20: Second Reading debate, concluding with a vote at 6:00 p.m. on November 20.
- November 21–December 14: Committee Stage debate spanning 19 days for line-by-line institutional scrutiny.
- December 14: Third Reading vote scheduled for 6:00 p.m., marking the conclusion of the budget process.
Upon the conclusion of the Second Reading vote, Parliament will enter the Committee Stage debate, which will be held across 19 days from November 21 to December 14. During this extensive period, Members of Parliament will scrutinize the proposed expenditure and resource distributions allocated to individual ministries and state institutions. The comprehensive budgetary timeline will conclude with the final vote on the Third Reading at 6:00 p.m. on December 14.