By Tabora Bojang
The Minister of Finance and Economic Affairs Seedy Keïta will today table D66,784,494,709 government estimates, recurrent and expenditure for the fiscal year 2027 for consideration and approval by the National Assembly.
It shows an increase of over D7.4 billion from last year’s D59.3 billion budget approved by the National Assembly.
Out of the D66.7 billion estimates, the Government Local Fund (GLF) is expected to rise from D43.4 billion approved in 2026 to D48.5 billion representing 72.77 per cent of the total estimates. Donor grants are estimated at D15.9 billion representing 23.91 per cent and loans at D2.2 billion representing 3.32 per cent of the total estimates.
The current budget is estimated to rise from D32.6 billion approved for 2026 to D37.057 billion in 2027. From this, salaries and wages are projected to rise from D10.291 billion approved in 2026 to D11.213 billion in 2027 while the goods and services budget is estimated to rise from D7.038 billion to D7.216 billion. Debt interest is projected at D9.072 billion from D6.8 billion approved in 2026 and subsidies from D6.7 billion to D7.3 billion in 2027. Meanwhile, there is a slight increase in capital expenditure which is estimated at D3.7 billion from D3.5 billion approved in 2026.
Highest allocations
Meanwhile, the highest allocations in the estimates are earmarked for debt servicing for the second year in a row with D16.174 billion, followed by the Ministry of Basic and Secondary Education projected at D6.062 billion. The Ministry of Health gets third highest allocation with D4.095 billion, followed by the Ministry for the Interior at D2.381 billion; Ministry of Foreign Affairs at D2.232 billion; Ministry of Finance at D2.183 billion; Ministry of Defence at D1.875 billion; Ministry of Works at D1.809 billion; Ministry of Agriculture at D1.765 billion; and Ministry of Energy and Petroleum at D1.359 billion.
The Office of the President is projected at D723,795, 234 and the Office of the Vice President is estimated at D378,128,070.
The National Assembly is allocated D645,887,457; Judiciary D439,395,782; and Independent Electoral Commission IEC is allocated D669,704,458.
Meanwhile the Ministry of Youth and Sports continued to be among the lowest projected to receive only D146,680,225.