Press Statement-Budget Indiscipline is killing our economy

Supplementary budgeting is a mechanism that allows for financing of events and occurrences during a FY that were not foreseeable or predictable. Such, modalities where government can spend outside originally approved plans are articulated in Article 156 (2) & (3) of the Constitution and are operationalized by Section 12 (8) of the Budget Act 2001, Section 25 of the Public Financial Management (PFM) Act 2015 as amended, and Regulation 18 of the PFM Regulations SI 2016 No.42. Read the statement here

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