All Round View (Peshawar): The Prime Minister and Minister of Finance Mahinda Rajapaksa will present the second reading of the Appropriation Bill for the financial year 2021 in Parliament.
The Prime Minister will make the budget speech and it is regarded as the 75th budget description of the country. The Appropriation Bill is introduced to allot Rs. 2,678 billion for the service expense and according to the Bill, limit on borrowings for the financial year 2021 has been set at Rs. 2,900 billion.
The second reading debate of the budget will be carried from the 18th to the 21st of this month following the display of the budget speech by the Prime Minister. The vote on the second reading will be held a place on November 21st at 5.00 pm. Parliament sessions will be held from the 18th to the 20th from 9.30 am to 5.30 pm.
The debate of the Committee Stage will begin on the 23 rd November and is registered to terminate on 10th of December. Accordingly, the Vote will be held at 5.00 pm on the 10th of December.
Secretary-General of Parliament Dhammika Dasanayake declared that adjustments have been made to hold meetings of Parliament following all health guidelines and supervision during the whole duration of the budget debate from Nov 17.
Only Ambassadors and officials approved by the Ministry of Finance are requested tomorrow, and seats kept in the Speaker’s Gallery during the budget display will be subjected to health and safety management. Meanwhile, the Public Gallery and the Media Gallery will remain shut.
Following the budget speech, traditional tea party entertained by the Minister of Finance will be accommodated this year but it will be restricted to Members of Parliament, Ministers, Ambassadors and invitees. Due to the current COVID 19 circumstances, MPs will not be able to bring companies to Parliament while the budget debate.
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