Cabinet Unveils 2027 Budget Proposal, Premier Urges Timely Action

The Cabinet has proposed a 2027 general budget of 123 billion U.S. dollars, a 30% increase over this year. Despite the rise in spending, the government claims the budget is balanced due to record revenues. Key priorities include defense, smart technology, and social benefits, though the proposal faces potential delays due to political tensions within the opposition-led legislature.