2018 budget bill

Economy

2018 budget bill: Suspension of new recruitment continues

12-14-2017 The budget bill for 2018 provides for a budgetary independence rate of 81.2%. The Minister of Finance calls for continued economic austerity policy. “Prudent budgetary and austerity policy will be maintained for the 2018 fiscal year,” said Domitien Ndihokubwayo, Minister of Finance, in the National Assembly while presenting the (...)
Economy

2018 Budget bill, unrealistic and unreliable one, says OLUCOME

12-11-2017 For the 2018 fiscal year, domestic resources in the general state budget account for 69.6% against 30.4% of donations. Tax revenue constitutes 60.9%, non-tax revenue 5% and exceptional revenue 3.6%. OLUCOME denounces very high taxes. The recently submitted budget bill for 2018 is judged as unrealistic and unreliable by (...)