|
|
Vote-on-Account: Sri Lanka Govt. seeks staggering Rs.361 billion
Friday, 16 October 2009 - 1:48 AM SL Time
 Share On Facebook
|
|
|
With the Budget not being presented this year, the Cabinet yesterday approved the Vote-on-Account seeking a staggering Rs.361 billion for next year, government sources said.
They said that of this amount, Rs.197 billion is for recurrent expenditure, Rs.158 billion for capital expenditure and Rs.6 billion for Advanced Account Activities.
The government had decided on a Vote-on-Account instead of the customary Budget based on the premise that the term of the present parliament was due to expire in a few months and a majority of government members expressed the view that the incoming government which would be elected to office next year should be given the onus of presenting the Budget.
According to parliamentary tradition, a Vote-on-Account is presented when funds are required prior to the approval of the annual Budget and it is usually done when a general election is on the cards and there is inadequate time for the outgoing government to present a Budget.
Normally, a Vote-on-Account approves the expenditure requirement for a period of four months while even the debate on it is only held for one or two days.
The government is expected to take up the debate on the Vote-on-Account next month.
Meanwhile President Mahinda Rajapaksa is reported to have requested Ministers last evening to on the look out these days for anti-democratic activities being planned.
Everyone should keep their eyes open since certain activities which are a threat to democracy may take place, he said.
Political sources said UPFA leaders were expected to have several meetings this week to decide on campaign strategies for the next major election on the pipe line. Senior presidential advisor Basil Rajapaksa is expected to spearhead the campaign while contesting the next general election from the Gampaha district.
|
|
|
Thiran
Joined: Oct 2006
Posts: 718
Member Profile
|
 15 Oct 2009 18:58:09 GMT Report for Abuse
|
I am wondering whether MR thought now it is 'harvesting time'!
Let's get PB on board! |
elephanthouse
Joined: Sep 2006
Posts: 1796
Member Profile
|
 15 Oct 2009 19:10:01 GMT Report for Abuse
|
Im getting dizzy with all these billions!
Not easy to be an accountant in the government offices these days! |
AnuD
Senior Member
Joined: May 2005
Posts: 39737
Member Profile
|
15 Oct 2009 19:22:11 GMT Report for Abuse
|
GOVt want to be very careful with the budget when there is an election head on.
So, this covers up expenditure for next few months.
Nothing much.
Do they have to present this to the parliament scrutiny ? |
Damed
Senior Member
Joined: Jun 2006
Posts: 10969
Member Profile
|
 15 Oct 2009 21:45:32 GMT Report for Abuse
|
Budget can bring burden to people...which will be avoid till GE.
playing another card..? |
Saradial
Joined: Jun 2008
Posts: 1272
Member Profile
|
 15 Oct 2009 23:26:37 GMT Report for Abuse
|
This is the start of the 'Betel Leaf' cancer
Brace your self people the cancer is here to stay .. lol |
KonapuBandara
Joined: Oct 2007
Posts: 1232
Member Profile
|
 16 Oct 2009 00:00:38 GMT Report for Abuse
|
Asylum seekers en route to Australia declare hunger strike
Asylum seekers were using mobile phones to talk to relatives in countries like Canada who were telling them not to leave the boat
Bugger! I cant recall hearing about another desperate group of refugees who had expensive satellite phones. Me thinks there are few terrorist scumbags among this lot. What say you chaps?
Cheers! |
Damed
Senior Member
Joined: Jun 2006
Posts: 10969
Member Profile
|
16 Oct 2009 00:01:22 GMT Report for Abuse
|
They branded all of as, traitors since who spoke the truth. The government used the military for its political expediency. After that they are being discarded in a humiliating manner,
There is no need for the government to have an inferiority complex regarding Gen. Fonseka who has not done anything wrong. The government has turned against him because of its mere inferiority complex.
Saramarta dagen.....gamana gihama, sarama gasanawa../
how long this going to serve MR.
Edited By - Damed - 16 Oct 2009 00:04:03 GMT |
|
Search All News and Discussions