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On the ongoing twentieth Legislative Council (LegCo) Session, the Brunei Authorities has put ahead a price range of BND6.25 Billion for the Monetary Yr 2024/2025, up 5.5 per cent from the final Monetary Yr, regardless of appreciable fiscal challenges and a projected deficit.
Minister on the Prime Minister’s Workplace (PMO) and Minister of Finance and Financial system II Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew Abdullah throughout his price range speech disclosed figures that point out a BND2.70 Billion deficit recorded within the earlier monetary 12 months (2023/2024) and an anticipated fiscal deficit of BND2.99 Billion within the upcoming monetary 12 months (2024/2025).
Underneath the theme ‘Constructing a Affluent Future Collectively,’ the 2024/2025 price range outlines three key priorities. These embrace enhancing public welfare and productiveness, selling sustainable financial diversification, and fostering dynamic and visionary human capital growth.
Extra particulars on Friday’s Borneo Bulletin
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