Attorney- General and Minister for Economy, Aiyaz Sayed-Khaiyum this morning briefed members of parliament on the 2018-2019 Budget.
The Budget Debate will start next week on Monday.
The 2018/2019 estimated national budget stands at 4.6 billion dollars.
This is an increase of three hundred million dollars.
The estimated operating expenditure stands at over $2 billion, estimated capital over $1 billion while the estimated value-added tax over $69 million.
Meanwhile, the total estimated revenue is over $4.2billion.
As such, the net deficit at the time is estimated at 414 million dollars or 4.5 percent of GDP.