The Treasury is prepared to provide the necessary funds, for the upcoming Presidential Election, as requested by the Election Commission and there would be no issues in providing the money, even though the estimated cost of the election has increased, State Minister for Finance Ranjith Siyambalapitiya said.
He said that the last budget allocated Rs 10 billion for election activities and the Government has made sure to manage the economy of the country to ensure that releasing these funds does not create cash flow conflicts.
The Election Commission has sent an estimate of nearly eight billion rupees and the Treasury is ready to release the funds for urgent needs such as printing, security, fuel and ballot boxes, the State Minister said.
Speaking further, Siyambalapitiya said if the number of candidates increases and the estimated costs rise as a result, there will still be no problem, as funds have been allocated for unforeseen expenses.
