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Proposed 2027 budget boosts social protection spending to over USD 259 million
The proposed 2027 state budget allocates over USD 259.40 million for social protection services, an 8.8 per cent increase from the outgoing fiscal year, with the largest share going to senior citizen care and pensions. Capital spending under the Public Sector Investment Programme will fund safe homes for women, elderly facilities and domestic violence shelters.
Latest2027 budget proposes over USD 259 million for social protectionMiadhu, 7 Nov, 04:01
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2 outlets, over 14 h 39 min
PSM News6 Nov, 13:21 · first report
Miadhu7 Nov, 04:01 · 14 h 39 min later
6 Nov, 13:217 Nov, 04:01
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Total social protection allocation in proposed 2027 budget 2027USD 259.40 millionPSM NewsOver USD 259.40 million has been allocated for social protection services in the proposed state budget for 2027 submitted to the Parliament
Increase in social protection spending from the outgoing fiscal year8.8 per centPSM Newsrepresenting an 8.8 per cent increase from the outgoing fiscal year as part of government efforts to prioritise national social well-being and stability.
Share of sector spending on basic payouts to citizens aged 65 and oldermore than 80 per centPSM Newsbasic payouts to citizens aged 65 and older account for more than 80 per cent of sector spending following civil service pay harmonisation
Medical patients and persons requiring special assistance allocation 2027USD 69.39 millionPSM Newsalongside USD 69.39 million for medical patients and persons requiring special assistance, which incorporates USD 16.32 million for treatment aid and USD 53.53 million for special needs support
Treatment aid allocation 2027USD 16.32 millionPSM Newswhich incorporates USD 16.32 million for treatment aid and USD 53.53 million for special needs support
Special needs support allocation 2027USD 53.53 millionPSM Newswhich incorporates USD 16.32 million for treatment aid and USD 53.53 million for special needs support
USD 259.40 millionTotal social protection allocation in proposed 2027 budgetPSM NewsOver USD 259.40 million has been allocated for social protection services in the proposed state budget for 2027 submitted to the Parliament
8.8 per centIncrease in social protection spendingPSM Newsrepresenting an 8.8 per cent increase from the outgoing fiscal year as part of government efforts to prioritise national social well-being and stability.
more than 80 per centShare of sector spending on basic payouts to citizens aged 65 and olderPSM Newsbasic payouts to citizens aged 65 and older account for more than 80 per cent of sector spending following civil service pay harmonisation
USD 69.39 millionMedical patients and persons requiring special assistance allocationPSM Newsalongside USD 69.39 million for medical patients and persons requiring special assistance, which incorporates USD 16.32 million for treatment aid and USD 53.53 million for special needs support
USD 16.32 millionTreatment aid allocationPSM Newswhich incorporates USD 16.32 million for treatment aid and USD 53.53 million for special needs support
USD 53.53 millionSpecial needs support allocationPSM Newswhich incorporates USD 16.32 million for treatment aid and USD 53.53 million for special needs support
USD 7.77 millionAllocation for broader social protection initiativesPSM Newswhile USD 17.78 million is allocated for socially isolated individuals and USD 7.77 million for broader social protection initiatives.
more than USD 259.40 millionProposed social protection allocation in 2027 State BudgetMiadhuThe Government has proposed allocating more than USD 259.40 million to social protection programmes in the 2027 State Budget, an increase of 8.8 per cent compared with the current fiscal year.
8.8 per centIncrease in social protection allocation compared with current fiscal yearMiadhuThe Government has proposed allocating more than USD 259.40 million to social protection programmes in the 2027 State Budget, an increase of 8.8 per cent compared with the current fiscal year.
More than 80 per centShare of social protection spending directed to basic pension payments for citizens aged 65 and aboveMiadhuMore than 80 per cent of social protection spending is directed towards basic pension payments for citizens aged 65 and above, particularly following the harmonisation of civil service salaries.
USD 135.54 millionAllocation for services and support for senior citizensMiadhuThe proposed budget provides USD 135.54 million for services and support for senior citizens.
USD 69.39 millionEarmark for patients and individuals requiring special assistanceMiadhuA further USD 69.39 million is earmarked for patients and individuals requiring special assistance.
USD 16.32 millionFunding for medical treatment assistanceMiadhuThis includes USD 16.32 million for medical treatment assistance and USD 53.53 million for support to persons with special needs.
USD 53.53 millionFunding for support to persons with special needsMiadhuThis includes USD 16.32 million for medical treatment assistance and USD 53.53 million for support to persons with special needs.
USD 28.77 millionAllocation for children and family assistanceMiadhuThe allocation for children and family assistance stands at USD 28.77 million, while USD 17.78 million has been set aside for socially isolated individuals.
USD 17.78 millionAllocation for socially isolated individualsMiadhuThe allocation for children and family assistance stands at USD 28.77 million, while USD 17.78 million has been set aside for socially isolated individuals.
The proposed state budget for 2027 was submitted to the Parliament.ParliamentPSM NewsOver USD 259.40 million has been allocated for social protection services in the proposed state budget for 2027 submitted to the Parliament