Finance Minister to present 2025 mini-budget as parliament reconvenes today

Parliament resumes sitting today, January 2, 2025, to address the delayed 2025 Mini-Budget, a constitutional requirement detailing fiscal strategies and expenditure plans.

The budget, delayed by Finance Minister Dr. Mohammed Amin Adam, has drawn criticism for a lack of fiscal direction during a period of high public debt and fiscal deficits.

Today’s session will feature the minister’s presentation of the “Expenditure in Advance of Appropriation” for 2025, focusing on revenue mobilization, expenditure priorities, and fiscal consolidation.

Stakeholders, including economic analysts and business leaders, are keenly watching for measures to stabilize the economy and foster growth, with the budget expected to provide critical insights into government spending and financial strategies.