Development projects over Rs.2 trillion planned for 2027
The Sri Lankan government plans to undertake development projects worth Rs. 2 trillion for the 2027 financial year. To prevent typical delays in project implementation, state institutions are now instructed to begin planning, preparing estimates, and initiating procurement activities *before* the annual budget is passed. This new approach aims to allow contract awarding to occur at the start of the year, rather than late in the year, ensuring timely execution of the significant development expenditure.
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How the story developed
- සිPresident Dissanayake proposed a digital transformation authority, an AI center, and student broadband internet vouchers.
- සිPresident Dissanayake allocated 200 million rupees for a Katunayake Airport flyover to support re-exportation centers.
- தHarsha de Silva criticized the budget for lacking structural change and maintaining previous expenditure levels.
- සිOpposition Leader Sajith Premadasa accused the government of concealing economic data and manipulating budget figures.
