During periods of economic downturn, government investment spending is imperative to getting the economy back on track and laying the foundation for future economic growth.
Through a combination of direct government spending and public private partnerships (PPPs) outlined in the supplementary budget, the Government is determined to increase the level of public investment. Moreover the Government will create additional funds, namely a Sovereign Wealth Fund and National Wealth Fund, to monetise leases to foreign investors and to hold equity from commercial enterprises. The goal of these funds is to ensure the effective realisation of government investments.
The budget website is inspired by a worldwide movement towards citizens budgets. Presented by the Ministry of Finance, it is a visual, interactive and less-technical version of the annual budget that promotes accessibility, inclusion, transparency and accountability.
