Publication Corporate Author:
Thursday, September 29, 2022
Mid-Year Budget Performance Report Fiscal Year 2022
Execution of the first six months of the fiscal year 2022 was based on two vote-on-account budgets since there was no Parliament to approve the full year budget at the end of the previous year. This meant that the two vote-on-account budgets were based on the budget figures in the 2021 budget.
As such, Government could not implement any of the revenue or expenditure measures it had proposed in the 2022 draft budget.