Budgeting on hope (opens original article in a new tab)

The budget offers limited tax relief but relies on unproven revenue targets, with challenges including reduced state bank profits and reliance on new enforcement measures.

• The budget provides some relief to salaried individuals and abolishes certain taxes on capital assets and real estate.
• Revenue targets rely on achieving higher tax collection, which the government has not yet proven capable of doing.
• The government aims for significant revenue growth through stricter enforcement and new tax measures, but faces challenges including reduced state bank profits.