Lobamba, Parliament , 14 February, 2025
The Minister for finance Honorable Neal Rijkenberg has disclosed a E32.6 billion budget for the 2025/26 financial year. The Minister unveiled the figures during his national budget speech presentation in Parliament where Government is set to spend approximately E873.33 million on monthly salaries for its 43 959 civil servants in the next financial year. Some of the highlights given are as follows: great news for learners as E702.32 million for scholarships; elderly grants have been allocated an extra E105 million, which is a 20 per cent increase – adding E100 to the current E500 received monthly; fuel price to hike by 40 cents next month; E1.21 billion has been allocated for roads rehabilitation and the Ministry of Education and Training has received a lion’s share of E5.41 billion.
Minister of Finance Hon. Neal Rijkenberg delivering his budget speech for the financial year 2025/26.
Parliamentarians focusing on the Minister’s speech with keen interest.
A section of Managing Directors and captains of industry following proceedings from the public gallery.