Skip to content
As enacted

2. Appropriation for financial Year, 2026

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

Without prejudice to anything in any other law authorizing any expenditure and subject to the provisions of subsection (4) of this section, the expenditure of the

Government which is estimated to be rupees four thousand four hundred thirty-four billion three hundred fifty-six million four hundred sixty-eight thousand for the service of the period beginning on January 1, 2026 and ending on

December 31, 2026 (in this Act referred to as the “financial year 2026”), shall be met –

(a)

from payments which are hereby authorized to be made out of the Consolidated Fund or any other fund or moneys, of or at the disposal of the

Government; and

(b)

from borrowing made in the financial year 2026

which are hereby authorized in terms of relevant laws for moneys to be raised whether in or outside

Sri Lanka, for and on behalf of the Government, provided that the balance outstanding of such borrowing at any given time during the financial year 2026 or at the end of the financial year 2026

shall not exceed rupees three thousand seven hundred forty billion and the details of such loans shall be incorporated in the Final Budget

Position Report which is required to be tabled in

Parliament under section 51 of the Public Financial

Management Act, No. 44 of 2024:

Provided that, the difference between the total short-term borrowing raised during the financial year 2026 and the total settlement of short-term borrowing made during the financial year 2026

shall only be considered in deciding the volume of short-term borrowing for the purposes of calculating the borrowing made during the financial year 2026

as specified in this section.

(2)

The sum of rupees four thousand four hundred thirty-four billion three hundred fifty-six million four hundred sixty-eight thousand referred to in subsection (1), may be expended as specified in the First Schedule to this

Act.

(3)

The provisions of subsection (1) shall have effect without prejudice to the provisions of any other written law, authorizing the raising of loans for and on behalf of the

Government.

(4)

The estimated expenditure of the Government authorized by laws to be charged on the Consolidated

Fund, shall be rupees four thousand five hundred forty-five billion six hundred forty-three million five hundred thirty-two thousand for the service of the period beginning on

January 1, 2026 and ending on December 31, 2026.

The expenditure Heads and the laws under which such expenditure is authorized to be made, are as specified in the

Second Schedule to this Act.