Aizawl (PTI): Mizoram Assembly on Thursday passed the state annual budget for 2008-09 amounting to Rs 2,625.03 crore as presented in the legislature by Chief Minister Zoramthanga, who also holds Finance portfolio, on March 11.

Demand-wise discussion on the budget commenced from March 19 and was concluded by passing the demands of Sports Minister Z.H. Ropuia and Chief Minister Zoramthanga Thursday.

The state annual budget, sans new taxes and new tax rates on the year of the state assembly election, is estimated to open with Rs 84.65 deficit and close with Rs 30.36 crore as the next fiscal is estimated to have a surplus of Rs 54.29 crore.