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a document titled Medium-term Expenditure Framework Statement - This is to set forth a three-year rolling target for prescribed expenditure indicators with specification of underlying assumptions and risk involved (vide Section 6 A of the Act amended in 2012). [12]
The budget also included budget reform measures of zero-budget, Medium Term Expenditure Framework and also a calculated financial risk. [ 3 ] According to the Malawi Knowledge Network, the budget statement highlighted milestones that Malawi had achieved such as unprecedented economic growth rates, single rate inflation, reduced bank rate and a ...
The merger led to an emphasis on coordinating the budget process and introducing output-oriented budgeting within a medium-term expenditure framework. [5] Many of these early reforms had a "cutting-edge dimension"; Uganda was one of the first countries in Africa to adopt a semi-autonomous revenue agency (the Uganda Revenue Authority ) as well ...
The projects are original large-scale initiatives that look beyond their immediate locality. Flagship projects form part of the national development with complementary projects being undertaken in line with the medium-term plans, the budget outlook paper, and the medium-term expenditure framework.
Hayastani Hanrapetutyun [4] (also spelled Hayastany Hanrapetutyun, [5] Romanization of Հայաստանի Հանրապետություն, 'Republic of Armenia') was the official newspaper of Armenia, [6] [7] until it was dissolved by Ministry of Internal Affairs and Communications for financial reasons from June 1, 2023.
He initiated and introduced the Poverty Reduction Strategy Paper- Nepal and Medium-term Expenditure Framework in Nepal and facilitated inter-agency collaboration for the economic and human development of the country, while working in the Planning Commission. His Excellency presenting credentials to President Obama.
The overall expenditure during 2009–10 has been estimated at Rs 2482 billion, of which the current expenditure is Rs 1699 billion, and development expenditure at Rs 803 billion. Current expenditure shows an increase of 3.5 percent over the revised estimates of 2008–09, while development expenditure will increase by 68.1 percent in 2009–10 ...
The three year's medium-term indicative budget ceilings were issued to all principal accounting officers of the federal government. A new budget preparation method, called the 'output based budgeting' was introduced, which presented the federal budget by services and effects of services on target population and linked them with performance ...