Proposal for Vote of Account for first 4 months of 2020 approved

Proposal for Vote of Account for first 4 months of 2020 approved

August 14, 2019   10:02 am

-

The Cabinet of Ministers has approved the proposal for a Vote of Account in Parliament for the first four months of the year 2020, stated the Department of Government Information.

The holding of the Presidential election at the end this year and other elections would be held the next year had been the reason behind the proposal.

The proposal has been forwarded to the Cabinet of Ministers yesterday (13) by the Minister of Finance Mangala Samaraweera.

The Vote of Account is prepared to cover the expenditure required by the government for the first 4 months of 2020 instead of preparing a Budget for the year.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories