Publication Corporate Author:
Thursday, June 30, 2022
Budget Performance Report - Quarter One - In-year Report
Because of the delay to conclude parliamentary elections in 2021, there was no Parliament to approve the 2022 budget. In accordance with the PFM Act (2019), a three- months vote on account budget was authorized. As such there was no annual budget. Accordingly, the analysis in this report deviates from the usual practice of comparing the quarterly outturns to the annual budget. In this report, the outturn is compared to the three months vote on account budget (i.e., outturn is the numerator and three months vote on account as denominator).