Mahinda Amaraweera Sri Lanka Government bill Party Mahinda Amaraweera Sri Lanka

Budget 2023 : Second reading passed in Parliament

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The second reading of the 2023 Budget was passed in Parliament on Tuesday (22) by a slim majority of 37 votes.Votes in Favor: 121Votes Against: 84Abstentions: 1The debate on the second reading of the Appropriation Bill began on November 15th, and the voting for the second reading took place on Tuesday (22) evening.The debate on the committee stage of the Appropriation Bill is scheduled to be held from November 23rd to December 8th, and the voting will be held on December 8th at 7.00 pm.Minister Mahinda Amaraweera said that all Sri Lanka Freedom Party MPs who are connected to the government decided to vote in favour of the second reading of the budget today (22).Meanwhile, the Samagi Jana Balawegaya, the Sri Lanka Freedom Party, the People's Freedom Congress, and the National People's Power have decided to vote against it.The Tamil National Alliance decided not to take part in the voting process for the Second Reading of the 2023 Appropriation Bill..

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Kristalina Georgieva - IMF’s Georgieva to press for quicker action on debt relief with China - - China - city Beijing
IMF’s Georgieva to press for quicker action on debt relief with China
(Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she will travel to Beijing next week with heads of other international institutions to press for quicker action on debt relief for poor and developing countries.The meetings with the country's leadership will focus on China's economic, COVID-19 and debt relief policies and will include officials from China Development Bank and the Export-Import Bank of China, the IMF said."This is the first time, hopefully, we will be able to sit together and discuss the very pressing issues that China, and the world are faced with," Georgieva told the Reuters NEXT conference.Georgieva said that during the Beijing meetings she intends to discuss ways to accelerate China's participation in debt relief for poor and developing countries as the world's largest official bilateral creditor."I am very hopeful that when we have a chance next week to discuss these issues, we will continue on a path of finding better solutions and strengthening the capacity of the common framework to deliver," she said, referring to G20 countries' slow-to-launch common debt restructuring framework.World Bank President David Malpass told the conference that he would join the discussions in Beijing, along with officials from the World Trade Organization, Organization for Economic Cooperation and Development and others.Georgieva and Malpass have both called for reforms of the common framework to offer heavily indebted countries a freeze in debt service payments when they apply for debt relief and clearer timelines for reaching agreement on debt treatments.Asked if China's slowing growth would limit its appetite for agreeing to debt reductions, Georgieva said she hoped