Sri Lanka’s Budget Timeline Set: October Bill, November Speech, December Debate

COLOMBO (News 1st); Sri Lanka’s 2026 national budget will be presented to Parliament in October 2025, with the second reading (budget speech) scheduled for November, and the final debate and third reading to take place during November and December, according to a proposal approved by the Cabinet of Ministers.

The Department of Government Information in a statement said that the budget will be prepared under the theme “Production Economy and Inclusive Participation in Economic Development”, aligning with the government’s long-term policy framework "Rich Country and A Beautiful Life" and the National Policy Framework 2026–2030.

In line with the Public Finance Management Act No. 44 of 2024, all ministries are required to submit proposals to secure funding for their respective projects and programs.