The Parliament has today(20) approved a proposal to increase the maximum limit of loan government can borrow through issuing of Treasury Bills from Rs.400 billion.
As parliament has approved the proposal submitted by Finance Minister Ravi Karunanayake the maximum limit of loan government can borrow through issuing Treasury Bills has been increased to Rs.1250 Billion from Rs.850 Billion.
The same proposal submitted by this government during it's 100 day Programme prior to the General Election held in August has been defeated at the Parliament then.
As parliament has approved the proposal submitted by Finance Minister Ravi Karunanayake the maximum limit of loan government can borrow through issuing Treasury Bills has been increased to Rs.1250 Billion from Rs.850 Billion.
The same proposal submitted by this government during it's 100 day Programme prior to the General Election held in August has been defeated at the Parliament then.
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