Reports released
The Ministry of Finance and Economic Management has published the 2012/13 Budget Policy Statement (BPS) and the 2011/13 Half Year Economic and Fiscal Update (HYEFU) today.
The 2012/13 BPS has been published earlier than in previous years (usually 31st March as required by the MFEM Act) to enable better aligned planning by government departments and development partners in the 2012/13 Budget going forward.
The BPS sets outs Government’s policy intent for the 2012/13 fiscal year going forward including the Government’s fiscal policy, its broad strategic priorities for the 2012/13 fiscal year, and any specific outputs and other expenditure that the Government anticipates to be included in the 2012/13 Budget.
Meanwhile the 2011/12 HYEFU provides an update of the economic and fiscal forecasts made at the time of the 2011/12 Budget and provides analysis of the changes in key economic variables and their impact on the fiscal status of Government.
The BPS and HYEFU are available to download at www.mfem.gov.ck - PM Office Media Release

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