Seychelles National Budget Proposals Show R1m Surplus

Mandy Robinson, Tax-news.com, London

13 December 2000

The Seychelles government has proposed a national budget of R1,225,536,000 (Rupees) for next year. According to figures published in the Official Gazette this week, this represents an increase of R41,788,000 over the 2000 budget.

It is expected that the government's Education Department will receive the biggest slice of the budget with an allocation of R139 million which is an increase of R1 million over the 2000 figure.

Next in line for cash will be the Ministry of Health with an allocation of R137,225,000 which is also an increase over the 2000 figure (R135,244,000). R67,890,000 will go to the Department of Internal Affairs and R60 million to the Ministry of Defence. Both figures are slightly higher than last year's.

The National Assembly Secretariat has announced that the Budget Address 2001 will be delivered on Tuesday December 19 by the Finance Minister.

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