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The Investor Sentiment - Equity and investments forum for Sri Lankans

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Sri Lanka new PM plans vote on account

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The Invisible
The Invisible
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Join date : 2016-11-28
Age : 41

Sri Lanka new PM plans vote on account Empty Sri Lanka new PM plans vote on account

Mon Oct 29, 2018 10:17 am
Message reputation : 100% (2 votes)
ECONOMYNEXT - Gamini Pieris, Chairman of Sri Lanka Podujana Party of newly appointed Prime Minister Mahinda Rajapaksa said they were planning a vote-on-account after parliament was suspended until November 16 amid a political crisis.

The budget for 2019 was originally scheduled for November 05.

Pieris said they the parliament was suspended to allow for time to prepare a vote-on-account, a type of interim budget, while members of the United National Party of Ranil Wickremesinghe claimed the suspension was because the new PM did not have a majority.

Wickremesinghe has insisted that he is still the Prime Minister and his removal was unconstitutional.
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