<h1>Sri Lanka's 2025 Budget Approved: Aiming for 5% Growth and Tax Revenue Increase Amid Economic Recovery Efforts</h1> The Sri Lankan parliament approved the 2025 budget presented by the National People's Power (NPP) government, which gained power in November. The budget passed with 155 votes in favor and 46 against, following a week-long debate. President Anura Dissanayake, also the Finance Minister, emphasized the budget's role in economic growth and policy reflection, targeting a 5% growth rate for 2025. The budget aims to address societal needs and align with IMF reform targets, including a tax revenue increase to 15% of GDP. The approval follows Sri Lanka's economic crisis and subsequent IMF bailout, which significantly influenced the political landscape.