Rs.2 trillion boost for capital expenditure from Budget 2027
Sri Lanka, Oct. 29 -- The Government expects to allocate Rs.2 trillion for capital expenditure to create a favourable environment for investment, Labour Minister and Finance and Planning Deputy Minister Dr.Anil Jayantha Fernando said on Tuesday.
He said priority would be given to roads, railways, rural connectivity networks, logistics and transport facilities, as well as selected areas of social expenditure.
However, Dr.Fernando acknowledged that bureaucratic procedures and resource constraints continued to impede the speedy implementation of capital expenditure projects.
He made these remarks while addressing the Institutional Investor Forum, "From Resilience to Sustainable Growth - Industry Forum 2026", jointly organised by the Secur...
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