Budget proposals ..
The President said that vehicle licenses will not be issued to MPs and no money will be spent for it.
The President made this statement while presenting the budget proposals to Parliament.
The President also said that an economic growth of 5% is expected for the year 2025.
He further said that the government has been able to maintain foreign reserves at $ 6.1 billion at the end of 2024, even after paying a loan of $ 570 million related to debt restructuring.