In a highly anticipated briefing, the National Assembly’s Budget and Appropriations Committee is set to present crucial financial updates to the public at midday. This session will cover the Budget Estimates for the Fiscal Year 2024/25, as well as the Supplementary Estimates II for the current fiscal year, 2023/24.
The Budget Estimates for FY 2024/25 will provide a detailed forecast of the government’s planned expenditures and revenues, outlining key priorities and initiatives for the upcoming year. This briefing is expected to shed light on various sectors, including education, healthcare, infrastructure, and economic development, offering insights into how resources will be allocated to drive national growth and stability.
Additionally, the Supplementary Estimates II for FY 2023/24 will address any adjustments to the current fiscal year’s budget. These supplementary estimates are critical for accommodating unforeseen expenditures and ensuring that ongoing projects and services continue without disruption. The public and stakeholders alike will be keen to understand the implications of these adjustments on the nation’s financial health and development trajectory.
Today’s briefing will be a pivotal moment for citizens, policymakers, and investors, providing transparency and fostering informed discussions about the nation’s fiscal policies and economic outlook.