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Timor-Leste Parliament Approves $1.9bn 2021 Budget Featured

By Camilio de Sousa December 15, 2020 759
Timor-Leste’s Parliament on Saturday approved next year’s State budget. Timor-Leste’s Parliament on Saturday approved next year’s State budget.

DILI:Timor-Leste’s Parliament on Saturday approved next year’s State budget of US$1.859 billion and sent it to President of the Republic Francisco Guterres Lú Olo, the highest amount in any year of the country’s history according to La’o Hamutuk.

The budget was approved by a vote of 44-0, after 21 National Congress for Timorese Reconstruction parliamentary members abstained from voting by walking out.

Announcing the outcome, Prime Minister Taur Matan Ruak told National Parliament the budget was “pro-people,” saying capital was prioritised to improve roads, schools, health, and clean water and electricity access across the country.

Notably, the  budget includes US$239,26 million for wages and salaries, US$421,49 million goods and services, US$669,91 million for public transfers, and $503.20 million for development capital.

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