Budget before Parliament on June 29

The Government will present the Appropriation Bill for the Year 2010 to Parliament on June 8. It will seek Parliament’s approval for all expenses for the year ending December 31, 2010, including the expenses covered by the vote on Account submitted at the beginning of the year and the provisions made under Article 150 (8) of the Constitution for the period April 22 to June 22, 2010. The total estimated expenditure for the year 2010 is Rs 974 Billion.

According to the Appropriation Bill public investment would be maintained at 6.5 percent of the GDP. The Budget speech will be presented to Parliament on June 29, 2010.