Khmer Times
June 16, 2020
Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration.
According to the Law on Management of state budgets, the government will be allocated $4.8 billion for current account expenditure and $3.3 billion for capital expenditure, which includes public investment and debt repayment, while $2.1 billion will be used for paying the salaries of government officials.
The economic sector will receive $1.8 billion, the social sector $1.9 billion and national defence $1.18 billion. About $620 million will go to the general administration.
No comments:
Post a Comment