With the recent passage of budget 2026, the government is now gearing up for the effective implementation of financial measures through the passage of the Fiscal enactment (amendment) Bill.

Finanace Minister Dr. Ashni Singh says the measures outlined in budget 2026 are designed to boost disposable income, lower the cost of doing business, and encourage investment in targeted sectors of the economy.

He also expressed deep appreciation to all staff members and technical teams for their dedication and hard work towards the preparation of the Budget.

“All of the staff who contributed to this technical work, in all of the ministries including my ministry I want to thank all of them and all of you for your various  contribution, and now Mr. speaker looking forward for successful implementation of budget 2026,” the minister said.

Further, the finance minister criticised the political opposition for failing to support the bill. He said, “I believe that the merits of this Bill speak for themselves… It is most regrettable that having debated and ventilated these issues for two weeks the opposition could not see it fit to endorse the very important measures that are contained in this bill.”

The Fiscal Enactments (Amendment) Bill of 2026 amends several key pieces of legislation, including the Income Tax Act, the Corporation Tax Act, the Value-Added Tax Act, the Property Tax Act, and the Customs Act.

Through these changes, the Government aims to increase disposable income, ease the cost of living, stimulate local production, and attract investment in priority industries.