The Appropriation Bill for the year 2027 was presented to Parliament today (Oct. 07) for its First Reading by Dr. Anil Jayantha, Minister of Labour and Deputy Minister of Finance and Planning.

The Appropriation Bill for the 2027 financial year provides for the allocation of financial resources required to meet government expenditure amounting to rupees four thousand nine hundred ninety two billion seven hundred seventy-three million three hundred eighty-eight thousand, as well as provisions authorizing the Government to obtain loans, among other matters.

Accordingly, the 2027 Budget Second Reading, which includes the presentation of the Budget Speech and Budget Proposals, is scheduled to take place on 12 November 2026.

Thereafter, the Second Reading Debate is scheduled to be held over seven days, from 13 November to 20 November, with the vote on the Second Reading scheduled for 6.00 p.m. on 20 November.

Subsequently, the Committee Stage Debate on the Appropriation Bill is scheduled to be held over 19 days, from 21 November to 14 December. The vote on the Third Reading of the Budget is scheduled to take place at 6.00 p.m. on 14 December.

During the period of the Budget Debate, Parliament is scheduled to meet at 9.30 a.m. every day, including Saturdays, except on public holidays and Sundays.

The 2027 Appropriation Bill provides the necessary legal framework for government expenditure during the financial year from 1 January to 31 December 2027, including the provision of financial resources for such expenditure and the authorization required for obtaining the relevant loans.