BND5.86 billion: Proposed budget for financial year 2021-2022

The proposed budget for financial year 2021-2022 is estimated to be BND5.86 billion, similar to the previous financial year (2019-2020). The government revenue for financial year 2021-2022 is projected to be BND2.61 billion and the nation will record a budget deficit of BND3.25 billion.

This was highlighted by Minister at the Prime Minister’s Office and Minister of Finance and Economy II Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah when deliberating the proposed budget for financial year 2021-2022 at the third day of the 17th Legislative Council (LegCo) session yesterday.

More details on Thursday’s Borneo Bulletin