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Most of the US$ 4.5 bn pledged in aid as well as a second US$ 80 mn tranche from the IMF is due in December, tied to conditions in the proposed budget.

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rnPlans to present the budget in Parliament on November 12 were scuttled when the President suspended parliament last week.rn

rnldblquote Representatives of the JVP and the PA did not attend the party leader meeting on how best the budget can be presented and debate carried forward dblquote , Cabinet spokesperson, Professor G.L. Peiris said on Tuesday.rn

rnldblquote We have an International Monetary Fund meeting scheduled for December 5 and the release of the second tranche of funding requires Sri Lanka to adhere to certain deadlines dblquote .rn

rnAny delays in presenting the budget will push back lending programmes lined up for up-coming development projects in the country.rn

rnThe President in a statement last week said Parliament would resume on November 19 and the budget taken up after that.rn

rnThe aid is also tied to peace tal

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