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1393-95 Meduim Tem Budget FrameWork (MTBF )
The purpose of this pre-budget document is to provide a preliminary draft budget that assesses existing budget policies and new funding priorities for the next fiscal year and medium term.The report first shows fiscal envelope, i.e. estimated revenues and grants, for the next three years. for More Detail Download PDF Document 1393-95 MTBF
The Medium Term Budget Framework (MTBF, 1391-1393)
Purpose of the Pre-Budget Document
The purpose of this pre-budget document is to provide a preliminary draft budget that assesses existing budget policies and new funding priorities for the next fiscal year and medium term. The report first shows fiscal envelope, i.e. estimated revenues and grants, for the next three years. Within this fiscal envelope, it then identifies those priorities that can be funded with the available resources and as a result sets the initial budget ceilings (expenditure maximums) for each budgetary unit. The budget ceilings are the total level of expenditure available for each budgetary unit. The report also provides information on the proposed new initiatives of budgetary units. These ceilings are later fed into the Budget Circular No 2 process, and each budgetary unit has to develop its detailed budget submission within the given ceilings.
Click to download the MTBF 1391-1393.