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Sunday, 20 December 2015

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Exp. up by Rs 35.5b:

Budget passed with 109 majority

The Third Reading vote of the maiden Budget of the National Unity Government was passed with a majority of 109 votes in Parliament yesterday, 160 were in favour while 51 voted against.

Thirteen MPs including former President Mahinda Rajapaksa were absent at the voting. The JVP and the UPFA rebel MPs who call themselves the 'Joint Opposition' voted against while the UNP, TNA, UPFA members in Government, SLMC, CWC and EPDP voted for the Budget. UNP Badulla District parliamentarian Vadivel Suresh who threatened to commit suicide against budget proposals for government's failure to give a salary increment to estate workers also voted for the Budget saying that he would do so as a member of the UNP. The vote commenced around 5.51 pm at the end of debate, JVP MP Sunil Handunnetti called for a division by name.

Finance Minister Ravi Karunanayake winding up the debate said Government expenditure had increased by Rs 35,500 million from the original estimate due to the concessions and other relief being included as amendments to the budget proposals during the committee stage.

He said the proposed tax on vehicles in the Budget had been reduced from 25 percent to 15 percent. The Rs 10,000 allowance for public sector employees would be added to their basic salaries in three installments from next year. The first installment of Rs 2,500 would be given from January 2016. Minister Karunanayake said the Government would introduce an Act in January to ensure that private sector employers increase salaries of employees by Rs 2,500.

The budget proposals were presented by Finance Minister Karunanayake on November 20.The second reading was passed with a majority of 107 votes on December 2, 159 were in favour and 52 were against, while 13 Members were absent.

The Second Reading debate on the Appropriation Bill commenced on November.21 and continued for nine days.Fifteen full days were allocated for the Third Reading debate on the Budget from December 3 to December 19.

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