State budget revenue estimate for 2023 up 0.4%
Revenue estimated at $68.5 billion in 2023, up 0.4 per cent from 2022.
Proportion of development investment in State budget expenditure to increase
The government is preparing the State budget estimate for 2022, with the proportion of development investment spending to increase to 28-29 per cent of total expenditure. Notable indicators include spending by the central bank to increase by 6-8 per cent and revenue from import and export activities to rise by 4-6 per cent.