From Interim to Full Term: Comparing the February and July 2024 Budget Allocations

The July 2024 budget shows conservative fund reallocation with stable capital expenditure, reflecting cautious governance under the new coalition dynamics.

The July 2024 budget represents a continuation of fiscal policy under the incumbent government, following the interim budget presented in February 2024 before the elections. This earlier budget was crafted under the expectation that the same government would retain power, albeit with a forecasted reduced majority. As predicted, the government did contin…