NEWS
K22.1 BILLION MONEY PLAN FOR 2022

Emmanuel MAIPE By Emmanuel MAIPE | November 25, 2021

K22.1 BILLION  MONEY PLAN FOR 2022
The government has put together a budget of K22.1billion with a focus on health, education and law and justice sectors. Treasurer Ian Ling-Stucky when presenting the budget, said these three sectors are vital at this time duet to the need in these sectors in the provision of service in all sectors of the community. [caption id="attachment_17096" align="aligncenter" width="605"] Treasurer Ian Ling-Stuckey presenting the 2022 National Budget in parliament. Pic credit: Parliamentary Media Services[/caption] Education got the highest of 45% of the budget, and health 43% while law and justice 2.9% of the budget. Meanwhile, the total budget for 2022 is 9.3% higher than the 2021 supplementary budget. Secretary of Treasury Dairy Vele, added that the Revenue envelop for 2022 is K16.1billion, 18.4% higher than the 2021 supplementary budget, while the budget balance is at K5.1billion deficit, 5.9% of 2022 GDP. "It is the best possible plan we have with what is happening around us," he said.