In contrast, the Department of Transportation's proposed national budget
for 2020 is more than double than what was allotted in the 2019 national budget
documents also showed that from 2000 to 2019 there were eight budget
deficits, while 11 of the financial year's budgets
were surplus and the biggest of all was Rs136 billion in the financial years 2011-12.
There are many instances where a government has started the process of altering the budget
soon after its passage.
Out of the Rs222 billion, the federal government adjusted Rs116 billion within the budget
, including the shifting of Rs24 billion of China-Pakistan Economic Corridor (CPEC) projects to the schemes recommended by parliamentarians.
Diokno acknowledged that since the provision on cash-based budgeting was removed in the bicameral version of the general appropriations bill for the proposed P3.8-trillion national budget
, it could not be subject to a veto by the President as vetoes were meant to remove provisions, not reinstate them.
Governor Mwangi Wa Iria's ambitious one-home-one-cow project was also not spared after its allocation of Sh105 million was reduced to only Sh5 million.A budget
for a heifer programme which had been awarded S0 million has been left with only Sh10 million.
The meeting was in consensus over the budget
. The chief minister lauded the efforts of different departments for helping out in the preparation of the budget
The ruling Democratic Party of Korea (DPK) asked all political parties to cooperate for the approval of the extra budget
plan as soon as possible, saying the budget
will revitalize local economies as well as help young and unemployed people.
Countries like New Zealand and South Africa (with scores of 89 each) topped the charts whereas Saudi Arabia scored one or for that matter Qatar and Yemen scored a zero indicating that no budget
information being available in the public domain.
- The Finance Bill seeking to give effect to the government's taxation proposals which is introduced in Lok Sabha immediately after the presentation of the General Budget
, is taken up for consideration and passing after the Appropriation Bill is passed.
Akabueze revealed that MDA's Accounting Office and chief executives also signed to confirm the budget
proposals before submission to the National Assembly.
He further added that according to budget
rules , Budget
Call Letter (BCL) must be issued in September as first step of district budget