TEST 2022-23 Budget

Overview:

Nauru’s financial year runs from 1 July to 30 June.

Nauru operates on a cash basis and appropriations lapse on 30 June each year.

The 2022-23 Budget tabled by Minister for Finance, Hon Martin Hunt was approved by Parliament on 1 June 2022. The 2022-23 Budget recognized expected revenues of $252.5 million and expenditure of $251.9 million with a $549,000 surplus balance. The surplus will be used to build up cash reserves at the bank and support Nauru to manage the uncertainties in the year ahead. 

The 2022-23 Budget has been framed to support Nauru’s sustained resilience through responsible economic management, easing cost of living pressures, and investing in service delivery and in productivity enhancing infrastructure. It builds on the strong performance in 2021-2022. 

2022-23 Budget at a glance

Supplementary appropriation bills are passed by Parliament through the year to update revenue estimates and expenditure appropriations.

Quarterly budget performance reports are produced to track expenditure and revenue performance through the year.

Budget documents

Performance reports

Budget performance is monitored regularly, and quarterly performance reports are published here

There are currently no end of year reports for 2022-23.