The House of Representatives has granted the president power to continue the implementation of the capital component of the 2023 budget and the 2023 supplementary budget till December 31st, 2024.

This followed the passage into law of the 2023 Appropriation Act Amendment Bill 2024 and the 2023 Supplementary Appropriation Act Amendment Bill 2024 by the House as a result of a request from the President.

During  plenary on Tuesday, June 25, the House leader, Hon. JULIUS IHONVBARE, introduced the two bills.

House dissolved into an executive session to deliberate on the request from the president to extend the life span of the capital component of the 2023 budget and the 2023 supplementary budget to 31st December 2024.

The passage of the two bills will be the third time the life span of the capital component of the budget and the supplementary budget will be extended.

The life span was first extended to March 31, 2024, and later extended again to June 30, 2024.