Happening now is the Minister of Finance, Dr. Mohammed Amin Adam, presenting the 2024 mid-year budget review statement before Members of Parliament.
The budget presentation is in accordance with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act, 2016 (Act 921).
This budget reading is his first since assuming office in February 2024 and will provide an update on the country's economic performance, fiscal policies, and adjustments to the main budget for the remainder of the year.
The minister is expected to touch on areas including economic and fiscal performance for the first half of the year, growth measures, revenue, expenditure performance, financing, and debt sustainability.
SA/NOQ
Watch the livestream of the event below;
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