1of 20Spending & allocationsSri Lanka’s 2027 capital expenses likely to be Rs. 2,000 bln: Cabinet SpokesmanSri Lanka's capital expenses are projected to reach Rs. 2,000 billion by 2027, as stated by the Cabinet Spokesman. This substantial future allocation is noteworthy given the country's historical failure to fully spend its capital investment funds.Eසිத1 of 20 outletsEconomy NextReported 15 Sep 2026, 7:08 pm
1of 20Proposals & demandsCA Sri Lanka submits sweeping proposals for Budget 2027 | Daily FTCA Sri Lanka has submitted comprehensive proposals for the National Budget 2027, advocating for a shift from relying on tax rate hikes to a strategy focused on compliance-led revenue growth and digital transformation. The proposals aim to strengthen Sri Lanka's fiscal position by modernizing tax administration, improving voluntary compliance, and fostering an environment conducive to investment and sustainable economic growth. Key recommendations include revising the Advance Personal Income Tax threshold, establishing an integrated data ecosystem (NTIN, UBIN) to connect taxpayer information, and implementing AI-assisted compliance risk management.Eසිத1 of 20 outletsFT.lkReported 15 Sep 2026, 11:38 am
1of 20Parliament & votesBudget 2027: The Speech is not the lawSri Lanka is currently debating its Budget 2027, even though the Appropriation Bill has not yet reached Parliament, highlighting that the 'speech is not the law.' The draft Bill, which details the Government’s proposed expenditure allocations for 2027, is scheduled to go before Cabinet on September 14. Following this, it will appear in the Gazette on September 18. The Bill is then set to receive its First Reading in Parliament on October 7.Eසිத1 of 20 outletsSunday ObserverReported 13 Sep 2026, 1:10 am