Budget to reflect Mahinda Chinthana Idiri Dekma

Irangika Range

The Government will present its budget for 2010 in July that will spell out policies and priorities of the new UPFA government.

Treasury Secretary Dr.P.B.Jayasundara said it is expected to include details of the development program as outlined in the 'Mahinda Chinthana Idiri Dekma' manifesto.

Improving living conditions and restoration of economic activities through accelerated resettlement, rehabilitation and reconstruction programs" will be given priority, he said.

He said that infrastructure is to get sufficient attention since massive investment in infrastructure is necessary to spur growth.

He further said that after the General Elections held on April 8 it would take at least two more months for the new government to present a budget and more money was needed for the maintenance of public services till then.

He said that the Vote on Account (VoA) which was approved by the Parliament for the first four months in January this year will be over by April 30.

"But we would not like to have a second VoA for a further two months until the budget is presented to Parliament", he said.