The government submitted the draft budget for 2027

On Friday night, the government submitted the draft budget for 2027 to parliament, emphasizing justice and development. The proposal outlines a reduction in personal income tax for minimum wage earners and a doubling of family allowances. It also includes significant pension increases and support for housing. The budget anticipates lower expenditures and higher revenues compared to 2026, with various tax changes affecting corporations and wealthy individuals. Additionally, healthcare and education workers are set to receive substantial salary increases. The government aims to address economic challenges inherited from the previous administration while promoting social equity.