Sri Lanka passes budget with two thirds majority

ECONOMYNEXT – Sri Lanka’s parliament has passed a budget for 2016 with 160 out of the 225-members or more than two thirds of the house voting for.

There were 51 votes against, mostly from the so-called joint opposition of members close to ex-President Mahinda Rajapaksa, while 13 members were absent.

In the second reading, 159 voted for.

Earlier in the Finance Minister Ravi Karunanayake moved a number of changes to the budget.

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