The special Cabinet meeting on the 2016 Budget got underway a short while ago at the Parliamentary Complex under the chairmanship of President Maithripala Sirisena.

The meeting is held to obtain the Cabinet approval to the budget proposals.

The budget will be presented by Finance Minister Ravi Karunanayake at 2.00pm.

President Sirisena scrutinized the budget proposals at a special meeting yesterday at the Presidential Secretariat.