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Philip ‘Brave’ Davis and PLP MPs yesterday head to the opening budget communication with the red briefcase containing the budget document carried by Minister of Economic Affairs Michael Halkitis.
Photo: Moise Amisial

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Last-minute cuts by $37.3m limits deficit overshoot

The Government overshot its 2024-2025 full-year deficit target thanks to last-minute revisions that cut its first-half ‘red ink’ by $37.3m and enabled it to hit Budget goals.

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Constituency capital grants for MPs increases to $150k in new budget

ANNUAL constituency capital grants will increase by $50k per constituency in the government’s next fiscal year, totalling $150k.

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