Page 19 - THE 2024-25 MID-YEAR BUDGET REVIEW STATEMENT
P. 19
PROJECTIONS TO THE END OF THE FISCAL YEAR
34. Madam Speaker, it is Government’s policy to promote
economic stability and improve fiscal management. This is
the basis on which the 2024-25 approved budget has been
revised.
35. Madam Speaker, total revenue and grants have been
revised upwards from K4.55 trillion to K4.63 trillion and total
expenditure from K5.99 trillion to K6.04 trillion.
36. Madam Speaker, the upward revision on expenditure is
on account of the World Bank disbursements pertaining to
maize purchases and winter cropping as a humanitarian
response to food insecurity and a program for enhancing
public finance management systems.
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