Circular on Guidelines for Preparation of the 2022/2023-2024/2025 Medium-Term Budget

Abstract

This Circular is issued in accordance with Section 36 of the Public Finance ,, Management Aet,,2012 which requires the Cabinet Secretary/National Treasury and Planning to issue to all National Government entities a circular outlining the guidelines on the budget process to be followed by Ministries, Departments and Agencies (MDAs) not later than the 30th August in each year. The Circular therefore provides guidelines on the processes and procedures to be followed by MDAs when preparing the Medium-Term Budget for FY 2022/23 - 2024/25. Its purpose is to guide MDAs on the following: (i) Background to the Medium-Term Budget for 2022/23 - 2024/25; (ii) Policy framework suppo1iing the Medium-Term Budget for 2022/23 - 2024/25; (iii) Constitutional timelines and requirements for key activities in the budget preparation process; (iv) Institutional framework to guide the budget preparation process; (v) Form and content of budget; (vi) Programme Performance Reviews (PPRs); (vii) Prioritization process for and costing of programmes, projects and activities; and (viii) Framework setting out procedures and the manner in which stakeholders and members of' the public will participate in the budget process.