His Treasurer Patrick Pruaitch delivered one yesterday when he presented this Government’s 5th consecutive budget which is set at K12,965.4 million against a projected revenue envelope of K11,088.8 million.
This compares with an expenditure bill of K13,834 million in the recently passed 2016 Supplementary Budget after a K928 million was cut from the original budget to prevent a budget blow out. The revised revenue forecast in the Supplementary Budget was K11,722 million, slightly higher than the 2017 revenue forecast.