Government Projects Surplus Amid Budget Reveal

The government just unveiled a budget with a projected surplus, signaling strong financial health — collecting $2.5 billion more than spent from July last year to March this year, driven largely by VAT. While some revenue streams dipped, spending stayed on track, mostly funding debt payments and public services. The deficit shrunk to $157.5 million, but the real win? A $294.5 million primary surplus. National debt remains at $12.5 billion, mostly domestic. Next year’s forecast also points to a surplus — though smaller — with revenue expected to outpace spending. The Finance Minister calls it a “lower surplus” year, but still positive. Debate kicks off in Parliament June 8th — and yes, the red briefcase made its usual entrance. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c72d79fd2abe1306