President Anura Kumara Dissanayake said today that government expenditure under the Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF) is limited to around 13 per cent of national production, with at least 4 per cent required to be allocated for capital expenditure.
Addressing a meeting with Ministry Secretaries at the Presidential Secretariat, the President explained that budgetary allocations for 2026 have been made in line with these fiscal constraints while prioritising national needs. He added that the allocation of funds to each ministry was based on the principle of focusing on key national priorities.
The President emphasized that strict financial discipline and effective implementation are essential to ensure that limited resources deliver tangible benefits to the public.