Oct 06, Colombo: Sri Lankan President Mahinda Rajapaksa in his capacity as the Minister of Finance will present the budget for the year 2014 to the parliament on November 21.
The Appropriation Bill for the 2014 budget will be presented one month prior to the budget presentation, on October 21.
The preparation of Budget 2014 has reportedly been completed in accordance to the Medium Term Expenditure Framework 2014-2015.
According to the government, the 2014 budget is looking at bringing down the deficit to 5.2 percent from 6.5 percent of the Gross Domestic Product.
Trade unions, youth movements and other business entities presented proposals to the Finance Ministry to be included in the 2014 budget.