{
  "id": 11097393,
  "title": "2027 Budget to be held from 12 Nov. to 14 Dec.",
  "url": "https://urgent.news/2026/10/01/2027-budget-to-be-held-from-12-nov-to-14-dec",
  "topic": "world",
  "section": "World",
  "published": "2026-10-01T00:04:03.000Z",
  "source": {
    "name": "The Island Sri Lanka",
    "slug": "the-island-sri-lanka",
    "url": "http://island.lk/2027-budget-to-be-held-from-12-nov-to-14-dec/"
  },
  "original_language": "en",
  "account": "The budgetary proceedings for the fiscal year 2027 are scheduled to commence from November 12 to December 14. The First Reading of the Appropriation Bill is set to occur on October 7, followed by the Second Reading debate from November 13 to December 14. The President, Anura Kumara Dissanayake, who holds the Ministry of Finance, will deliver the Budget Speech on November 12, 2026. The Second Reading debate will last for seven days, concluding on November 20, with the vote on the Second Reading taking place on November 20 at 6:00 pm. The Committee Stage debate will follow for 19 days, from November 21 to December 14, culminating in the vote on the Third Reading of the Budget on December 14 at 6:00 pm. The Budget debate, including Saturdays, will occur every day of the week, save for public holidays and Sundays. Parliament is expected to convene at 9:30 am on each day of these proceedings. During this period, time will be allocated for Parliamentary business under Standing Orders 22(1) to (6) from 9:30 am to 10:00 am each day. Following this, five Questions for Oral Answers will be addressed from 10:00 am to 10:30 am, succeeded by one question under Standing Order 27(2) from 10:30 am to 11:00 am. The debate will run from 11:00 am to 6:00 pm on all days, barring the days when votes are scheduled. During the Second Reading debate, 60% of the time will be allocated to the Government and 40% to the Opposition. Conversely, during the Committee Stage debate, 40% will be given to the Government and 60% to the Opposition. If a division is called on an Expenditure Head pertaining to a specific Ministry, the relevant vote will be held at 6:00 pm at the end of the day's proceedings.",
  "summary": "* First Reading of the Budget on 7 October The Committee on Parliamentary Business has decided that the Second Reading of the Appropriation Bill for the year 2027 (Budget Speech/presentation of Budget proposals) will take place on 12 November, followed by the Second Reading debate from 13 November to 14 December. Secretary General of Parliament […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}