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Dili, July 5, 2024 (TATOLI) — The Budget Day meeting to prepare the General State Budget (GSB) for 2025 was held today at the Kay Rala Xanana Gusmão Auditorium at the Ministry of Finance in Dili.
The theme of Budget Day 2025 is “Investing in Strategic Infrastructure, Strengthening the Economy and Improving Citizens’ Well-being” and aims to set the government’s priorities and fiscal ceiling for 2025.
The event will start at 8:30 am with an opening speech by Prime Minister Xanana Gusmão. The second session will analyze macroeconomic issues, budget strategy and the performance of the financial sector. In the morning, proposals will also be made on priorities, mandatory spending and the fiscal ceiling for 2025. In the afternoon, participants will discuss the topics presented and determine the priorities and fiscal ceiling for the GSB for 2025.
Based on the identified priorities, ministries will prepare departmental budget proposals for review by the Budget Review Committee between August 12 and 27, 2024.
Reporter: Camillo De Sousa
Editor: Filomeno Martins
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