National+Defence+gets+highest+allocation+from+2018+Budget
Monday, 09 October 2017 - 13:27
National Defence gets highest allocation from 2018 Budget
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The budgetary allocations for Defence, Education, Health, Higher Education and Highways have been substantially increased in 2018 compared to this year.

The respective Appropriation Bill is scheduled to be presented to parliament this afternoon.

Accordingly, the government expenditure for 2018 is 3.982 trillion rupees and the anticipated government revenue is 2.175 trillion rupees.

The budget deficit has been calculated as 1.807 trillion rupees.

Meanwhile, 2907 million rupees have been allocated for National Defence, which is 66.7 million rupees more than what was allocated for Defence in 2017

The second largest allocation of 2275.7 million rupees has been made to the Ministry of Finance and Media.

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