Prof. Athukorala on Budget: Well-structured on no structural change
In the past year, 31% was allocated for capital expenses, while 69% was allocated for recurrent expenses. There appears to be no change in these proportions for this year either. […] Therefore, compared to the previous year, there is no indication of a structural change in fund allocation this year.
Aruna | January 16, 2025
Posted on: 13 February, 2025
True
MP Herath inflates president’s budget
Despite this economic crisis and…the fact that the government reiterated that it would slash expenses, the president’s expenditure head has been… [increased to] LKR 3,779 million…If we consider the amount that this president spends on the cabinet and others…The president has seven ministries under him and of the total expenditure of Rs. 7,826.84 billion, Rs. 5,227.77 billion has been allocated for himself…that is, 66.7% of the total expenditure in the budget has been allocated for the president.
Parliament | November 22, 2023
Posted on: 4 April, 2024
Partly True