Expenditure of $17.1 billion expected in 2019 draft budget. Additional customs duty and hotel room occupancy fees expected

The draft law for the 2019 budget projects a total expenditure of $17.1 billion.

The expenditure consists of $15.5 billion for the general budget and $1.6 billion for the auxiliary budgets.

The auxiliary budgets include the budgets of the Directorate of the National Lottery and the General Directorate of Cereals and Sugar Beets as well as the telecoms budget.

Tax on interest income has been raised to ten percent from seven percent. Interest and revenues derived from treasury...

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