Govt. to implement Finance Commission recommendations for 2023

The Government has decided to implement the recommendations presented by the Finance Commission for the financial year 2023. 

The recommendations for the financial year 2023 have been submitted to President Ranil Wickremesinghe by the Finance Commission in terms of Article 154 R(7) of the Constitution of Sri Lanka.

Considering the proposals furnished by the President in his capacity as the Finance, Economic Stabilisation and National Policies Minister, the Cabinet of Ministers at its meeting on Monday approved appropriate measures to implement the specified recommendations forwarded by the Finance Commission.