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The financial year ends on 31 March of each year. Thus, the UK budget for financial year 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22. Historically, the budget was usually released in March, less than one month before the beginning of the new fiscal year.
All APS agencies contribute to Portfolio Budget Statements that inform Parliament and the public of the proposed allocation of Government outcomes. [67] Portfolio budget statements outline: outcome statements, which specifically articulate the intended results, impacts or consequences of actions by the Government on the Australian community; [68]
An Annual Comprehensive Financial Report (ACFR), formerly called a Comprehensive Annual Financial Report (CAFR)) [1] is a set of U.S. government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB).
A budget resolution for the 2021 fiscal year began to be considered by the 117th United States Congress in February 2021. As appropriations for the fiscal year had already been approved, the budget resolution's main purpose was to begin the budget reconciliation process to allow a COVID-19 pandemic relief bill to be passed without the possibility of being blocked by a filibuster.
The budget was presented to the House of Representatives by Treasurer Josh Frydenberg on 11 May 2021. It was the eighth budget to be handed down by the Liberal/National Coalition since their election to government at the 2013 federal election, and the third budget to be handed down by Frydenberg and the Morrison government.
The October 2021 United Kingdom budget, officially known as the Autumn Budget and Spending Review 2021. A Stronger Economy for the British People, was a budget statement made by Chancellor of the Exchequer Rishi Sunak on 27 October 2021. [1] It was the third and final consecutive budget delivered by Sunak before his resignation in July 2022. [2]
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The Spring Statement for 2019 took place in March 2019. In 2020 the spring statement was upgraded to a full budget following cancellation of autumn 2019's budget. [1] [2] and additional statements were made in summer and autumn 2020. [3] In 2021 the spring statement was also replaced by a full budget. [4]