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All budget stories

Every story on the 2027 budget, grouped from 20 Sri Lankan outlets in English, Sinhala and Tamil.

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154 stories

13 Sep – 12 Nov 2026

Story summaries are written by AI from the original reports

Tuesday 15 September

1of 20

Proposals & demands

CA Sri Lanka submits sweeping proposals for Budget 2027 | Daily FT

CA 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.

1 of 20 outletsFT.lkReported 15 Sep 2026, 11:38 am

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Proposals & demands

Bold Move to Reduce the Educational Burden on the People!

Sri Lanka imposed an 18% VAT on school books and educational materials from January 2024 to boost government revenue after an economic crisis and an IMF agreement. This tax severely impacted students, parents, and the publishing industry by significantly increasing educational costs. In response to widespread calls for relief, President Anura Kumara Dissanayake announced that the VAT on school books would be removed, with plans to be presented in the 2027 budget. This move is expected to alleviate the economic burden on citizens and revitalize the book industry.

2 of 20 outletsDinamina · ThinakaranReported 15 Sep 2026, 9:25 am

Sunday 13 September

1of 20

Parliament & votes

Budget 2027: The Speech is not the law

Sri 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.

1 of 20 outletsSunday ObserverReported 13 Sep 2026, 1:10 am