Government will include capital market proposals in 2027 budget, deputy finance minister says
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Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando announced that the government will present its 2027 budget proposals to Parliament on November 12, 2026.
Speaking at an institutional investor forum in Colombo, he said the budget will incorporate several of 12 capital market development proposals submitted by the Securities and Exchange Commission of Sri Lanka.
Fernando stated that the government expects to allocate two trillion rupees for capital expenditure, prioritizing roads, railways, rural connectivity networks, logistics, transport, and selected social spending to support investment.
He added that government revenue exceeded 16% of GDP by late 2025, ahead of an initial 2030 target, which could allow future tax cuts once revenue targets are secured.
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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.
