Expansionary budget with $4.8 billion expenditure, Govt debt is projected at $11.7 billion which is around 79.8% of GDP

Budget-2025-2026

Expansionary budget with $4.8 billion expenditure, Govt debt is projected at $11.7 billion which is around 79.8% of GDP

By Vijay Narayan

27/06/2025

Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has announced an expansionary 2025/2026 National Budget with a total revenue of $3.9 billion and total expenditure of $4.8 billion. This is a net deficit of $886 million.

Based on this, government debt is projected at $11.7 billion - around 79.8% of GDP.

Professor Prasad says this is about 10% lower than what the coalition government inherited in 2023.

He says the expansionary fiscal stance is deliberate to protect our people.

Click here for Budget 2025-2026 stories, documents and details

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