Cabinet Approves 2026 State Budget Bill, Set for Submission to People's Majlis

The Government has approved the draft bill on the State Budget for 2026. The bill was presented to the Cabinet by the Ministry of Finance and was approved at today's Cabinet meeting. The approved bill will now be submitted to the People's Majlis for consideration. The draft budget sets out the estimated revenue and expenditure for the next year, including development programs and recurrent spending. The government said the bill was prepared after consultations with the relevant agencies, and that its aim is to preserve fiscal discipline, promote economic growth and strengthen public services. The Ministry of Finance stated that the bill will be presented to the People's Majlis and that the public will be informed about the details in accordance with the law. The Cabinet also noted that the government would continue its work to implement the budget priorities set by the administration.