$1.76B in development funds from last Budget unspent, figures show

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Finance

Politics

October 11, 2026

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More than $1 billion allocated for capital works in the 2026 budget has not been spent.

As the presentation of the 2027 Budget looms on Monday, stakeholders are calling for speedier implementation of projects.

For every $10 Government originally set aside for development projects in the last budget, about $6.89 was recorded as spent.

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