2022/2023 National Budget to be delivered on 15th July 2022

The 2022/2023 National Budget will be delivered on the 15th of July this year.

Minister for Economy, Aiyaz Sayed-Khaiyum says the Writ of Elections has not been issued as of now, therefore the Government has to prepare the budget for the new financial year starting on 1st August 2022.

Sayed-Khaiyum says they hope to have the budget approved by the 29th of July.

He says the Writ of Elections and the date of elections is the prerogative of the Prime Minister, and he will decide on that date.

The Minister for Economy says this budget will be premised on our post-pandemic recovery.

He says given the number of medical and fiscal policy measures put in place, we were able to open borders in December, and the numbers look quite good and encouraging.