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CoPF finds 2026 Appropriation Bill aligns with IMF program commitments
Daily FT
|November 15, 2025
Draft report compiled by CoPF technical team also confirms Bill aligns with key requirements under Public Financial Management and Public Debt Management Acts; Committee report expects vehicle import tax revenue to decline in 2026
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THE Committee on Public Finance (CoPF), chaired by MP Dr. Harsha de Silva, has reviewed the draft report on the Appropriation Bill for the 2026 financial year, noting that it aligns with the International Monetary Fund (IMF) program commitments.
The Committee highlighted both improved fiscal space from higher 2025 revenue and fresh challenges ahead as vehicle import-driven revenue slows.
The draft report prepared under Standing Order 121(5)(i) on the Appropriation Bill for Financial Year 2026 was taken up for consideration at a recent meeting of the Committee on Public Finance (COPF) held this week in Parliament.
This story is from the November 15, 2025 edition of Daily FT.
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