Ministry of Finance and Planning Annual Report to President

Tuesday, 31 May 2011 00:35 - - {{hitsCtrl.values.hits}}

The Annual Report 2010 of the Ministry of Finance and Planning will be officially handed over to President Mahinda Rajapaksa today (31 May) at the Ministry by the Secretary to the Treasury and the Secretary to the Ministry of Finance and Planning Dr. P.B. Jayasundera.

In terms of Section 13 of Fiscal Management (Responsibility) Act No.3 of 2003 the Final Budget Position Report for each financial year is required to be presented to the public and Parliament. This report is meant for providing updated information of the government financial performance and fiscal strategies to the public.

This report includes government development perspectives; fiscal development and reforms; performance of public enterprises; foreign financing for development activities and infrastructure development; small and medium enterprise development initiatives, micro financial and social securities scheme. This report also entails government revenue and progress of different taxes, government expenditure and government investment in health, education, highways, irrigation and social welfare sectors in 2010. It also carries the audited financial statements of the Government.