Circular on Guidelines for the Preparation of the Annual Budget for State Corporations for Financial Year 2024/2025 and Medium-Term Projections for FYs 2025/2026 & 2026/2027
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Publication Date
2023Author
The National Treasury and Economic Planning
Type
CircularItem Usage Stats
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The National Treasury and Economic Planning
Abstract/ Overview
1. In accordance with the State Corporations Act, Cap. 446, Sections 11 and 12 and the Public Finance Management Act, 2012 (PFMA), Section 68, all State Corporations are required to prepare and submit their proposed budgets to the Parent Ministry and the National Treasury & Economic Planning latest by end of January each year. The proposed budgets should indicate the projected revenue and expenditure for the subsequent financial year and medium-term projections. The purpose of this Circular is to provide guidelines for the preparation and submission of the Annual Budget for State Corporations for Financial Year 2024/2025 and Medium-Term projections for FYs 2025/2026 & 2026/2027.
Subject/ Keywords
Annual Budget; Medium-Term Projections; Projected Revenue; State Corporations; Projected Expenditure
Publisher
The National Treasury and Economic PlanningSeries
Circular;No. 13/2023Collections
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