News

National budget passed

July 7, 2016 7:28 pm

The national budget 2016/2017 has been passed.

After four days and hours on hours of debate and clarifications across the floor, the budget which will initiate a new financial year from the 1st August.

Minister for Economy – Aiyaz Sayed – Khaiyum moved the third reading of the 2016/2017 appropriation bill which was passed last night with 31 votes in favour, 14 votes against the bill and five no votes.

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Parliament will continue this morning and you can watch the proceedings live on FBC TV from 10am.