Sri Lanka’s Budget Speech 2027

Sri Lankan President Anura Kumara Dissanayake began delivering the 2027 Budget Speech in Parliament today (November 12, 2026) at 1:40 PM.

The Department of Government Information said the Cabinet, which met this morning, approved the budget proposals.

The 2027 Appropriation Bill, which forms the basis of the third budget of the National People’s Power (NPP) government, was presented to Parliament for its first reading on October 7, 2026.

Following the President’s Budget Speech today, the second reading debate is scheduled to begin tomorrow (November 13) and continue for seven sitting days, until November 20.

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Live updates: Sri Lanka’s 2027 Budget Speech

02:00 PM – Sri Lanka’s debt level was reduced to 95% by the end of 2025, compared to the level recorded at the end of 2022.

01:59 PM – President Anura Kumara Dissanayake says serious consideration must be given to whether the Treasury can continue to bear the financial burden of SriLankan Airlines, which has accumulated losses of Rs. 528 billion.

01:58 PM – President Anura Kumara Dissanayake says Sri Lanka has increased foreign remittances to US$8.1 billion.

01:54 PM – President Anura Kumara Dissanayake says Sri Lanka has recorded its lowest budget deficit in 68 years.

01:47 PM – The main objectives of the 2027 Budget are to eradicate poverty, build a just society, eliminate fraud and corruption, accelerate economic development, and restore public trust.

01:41 PM – President Anura Kumara Dissanayake arrives in Parliament to present the 2027 Budget.

12:04 PM – President Anura Kumara Dissanayake is scheduled to deliver the 2027 Budget Speech (Second Reading of the Appropriation Bill) in Parliament today at 1:30 PM.