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* A budget that will provide long-term solutions to the short-term crises faced by the people will be presented tomorrow - State Minister
Sun, Nov 12, 2023, 08:59 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 12, Colombo: Minister of State for Finance Mr. Ranjith Siyambalapitiya says that a budget based on the upliftment of the country in the long term while focusing on the short-term problems faced by the people will be presented to the Parliament tomorrow (November 13).

The Minister made this claim while speaking to the media this afternoon at the Finance Ministry premises regarding the budget to be presented tomorrow.

Further speaking, the state minister said the budget that will be presented to the parliament tomorrow is still being prepared and it will be printed tonight.

He said this year's budget has not been prepared for the sake of short-term popularity or targeting the elections but for long-term stability and based on the declaration President Ranil Wickremesinghe made when he took over the country that the country will not fall into the bottom of the economy again.

The State Minister said this year's budget has been prepared by facing the challenge of finding solutions for the entire people under pressure, the challenge of making the country a rising country in the long term as well as the challenge of finding expenses for it.

Pointing out that above all, the government does not currently have the unlimited rights that the government or the Treasury had to cover the budget deficit, Minister Siyambalapitiya said this year's budget was prepared by utilizing that limited right while facing the challenge of keeping the budget gap to a minimum and focusing on both domestic and foreign loans.

The minister mentioned that however, more attention has been paid to the poor people who need relief, and the restructuring of foreign debt has also reached a positive point, and he invited the people to rise together as a nation without resorting to patchwork methods.


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