header logo
Asia asset finance
Mogo Academy
Latest
2026 Budget passed in Parliament
Dec 05, 202507:37 PM
2026 Budget passed in Parliament

The Third Reading of the 2026 Appropriation Bill was passed with a majority of 157 votes in Parliament, a short while ago.

 

A total of 158 Members of Parliament voted in favour of the 2026 Budget while only one MP voted against it. Another two MPs abstained from voting.

 

All Ceylon Tamil Congress (ACTC) MP G.G. Ponnambalam was the sole parliamentarian to vote against, while S. Shritharan and Thurairasa Ravikaran of the Illankai Tamil Arasu Kadchi (ITAK) abstained from voting. 

 

The final vote on the 2026 Appropriation Bill commenced today (05) at 7.30 p.m., marking the conclusion of this year’s Budget process. Prior to the vote, President Anura Kumara Dissanayake delivered a special statement in the House. 

 

The Committee Stage debate—constituting the Third Reading—commenced on November 15 and was scheduled to run for 17 days, including three Saturdays, concluding on December 5. Several sittings, however, were adjourned due to adverse weather conditions.

 

Meanwhile, the Department of Communication of Parliament confirmed that a supplementary estimate of Rs. 50 billion has been submitted to provide relief for communities affected by Cyclone Ditwah.

 

The Second Reading debate of the 2026 Appropriation Bill was held from November 8 to November 14. 

 

The debate lasted for six days and concluded with a vote on November 14 at 6.00 p.m., as scheduled.

 

The Second Reading was passed with a majority of 118 votes. A total of 160 Members of Parliament voted in favour, 42 voted against, and 8 abstained from voting.

 

The Appropriation Bill for 2026—marking the 80th National Budget—was presented to Parliament on November 7 by President Anura Kumara Dissanayake, in his capacity as the Minister of Finance. The Second Reading debate followed over the next six days.

 

 

 

MostRead
Mobitel 5g
VideoStories
Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Lassana Flora