2023 Budget aimed at long-term, stable economic growth to be presented to Parliament tomorrow
Sri Lanka President Ranil Wickremesinghe
Sri Lanka President Ranil Wickremesinghe in his capacity as the Minister of Finance will present the 2023 budget to Parliament tomorrow (November 14) aimed at creating long-term, stable economic growth.
The 2023 budget has given special attention to the sectors of capital market, export market, labour market and digital economy and it is expected to achieve the budget targets through the social market economy.
This year’s budget will focus more on providing social welfare benefits to the people who need them most and creating a policy environment to build the private sector as the driving force of the country’s economy.
Through the 2023 budget, the process of building a new economy tailored for the new world has been initiated aimed at creating a program to ensure a decent country for the youth.
(President’s Media)
Latest Headlines in Sri Lanka
- Sri Lanka grants government employees leave on Wednesdays amid fuel shortage March 16, 2026
- Sri Lanka Navy seizes 123kg of heroin worth Rs. 3 Billion on trawler March 16, 2026
- Sri Lanka prioritises ambulances in fuel distribution March 16, 2026
- Sri Lanka Police warn of legal action over QR fuel system misuse March 16, 2026
- Sri Lanka moves to protect essential services amid Middle East war fears March 15, 2026
Before focusing on digital economy, websites of many public institutions should me made functionable. Also, hope that before doing the delicate balancing act between fiscal stability & social welfare, budget will focus on reducing the public spending, expenditure on parliamentarians & stop appointment of more and more ministers. All seen as good stories and god will have to save the citizens from the current economic hardships !