Parliament clears $40.7b in supplementary financing

-MPs clash over sugar, rice industries

Just over $40.7b in supplementary financing was approved by Parliament after around 10 hours of debate yesterday and there were clashes over several of the items particularly for the sugar industry

The two sides argued over  contingency funds equalling $4.57 billion intended for the agriculture sector during the 85th Sitting of the National Assembly at the Arthur Chung Conference Centre. The Government requested that amount to cover expenses from April 1 to July 30, 2024, in a bid to stabilize the rice and sugar industries.