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House of Representatives Approves 2026/27 Budget
The House of Representatives approved the state budget and development plan for the fiscal year 2026/2027, which will come into effect starting next July. The budget focuses on increasing public revenue and supporting sectors such as health, education, and social protection, without imposing new taxes on citizens or investors. The proposal also includes the government's commitment to implementing parliamentary recommendations, with an emphasis on improving service quality and executing local development programs, especially the "Decent Life" initiative which targets over 3,183 villages, and increasing allocations for health and education by rates exceeding the overall average.
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