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Friday, 16 October 2009

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Cabinet approves Vote on Account

The Cabinet had approved President Mahinda Rajapaksa’s proposal to present a Vote on Account for 2010 at its meeting on October 16, for four months to cover the Government expenditure till a budget is presented in Parliament, Mass Media and Information and Enterprise Development and Investment Promotion Minister Anura Priyadarshana Yapa said at the weekly Cabinet press briefing yesterday.

The following expenditure will be included in the Vote on Account for maintaining for public services:

Recurrent Expenditure – Rs. 197,478,109,000

Capital Expenditure - Rs. 158,987,398,000

Advance Accounts - Rs. 6,222,467,000

The Vote on Account will include one third of the funds passed by Parliament as Supplementary Estimates during the current year. The provision included in the Vote on Account will be included in the Appropriation Bill 2010 that is to be presented in Parliament subsequently, he said.

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