2024/2025 Budget Speech Highlights
The Honourable Minister of Finance and Economic Development, Ms Peggy O. Serame presented the 2024/2025 Budget Proposals to the National Assembly on 5 February 2024.
Budget Focus
The 2024/2025 budget builds on the second Transitional National Development Plan (TNDP) theme, “Towards a High-Income Economy: Transformation Now and Prosperity Tomorrow” and focuses on the following key priorities which are aimed at stimulating growth and creating job opportunities:
▪ Infrastructure Development and Spatial Planning
▪ Sustaining Livelihoods
▪ Agriculture Development
▪ Supporting the Private Sector through Business Environment Reforms and Value Chain Development
▪ Research and Development
▪ Innovation and Digital Transformation
▪ Green Transition
▪ Education and Human Capital Development
▪ Tourism Development
