Also the 2017 National Budget handed down by the Treasury Minister Patrick Pruaitch today was slightly lower than the figures of the 2016 national budget handed down last year.
The country’s money plan for next year stands at K12.9 billion compared to the 2016 figure of K14.2 billion.
“The 2017 Budget is set at K12, 965.4 million against a revenue envelope K11, 088.8 million. This comprise of K9, 182.2 million in tax revenue, K1, 045.3 million in grants and K1, 245.7 million from other sources of revenue,” Pruaitch said.
