2019 Budget Expectations – Press Statement
In August 2018, the Ministry of Finance released the 2019- 2021 Green Paper ‘Medium Term Expenditure Framework’ which highlights Government’s policy direction over the medium term. The Green Paper is the cornerstone for actualising the plans that are laid out in the Seventh National Development Plan (7NDP) and proposes guidelines for the preparation of the national budgets.
The Green paper projects the 2019 Budget at K75.2 Billion which is 25 % of GDP, this is a significant increase from the 2018 Budget which stood at K71.6 Billion.
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