June 25, 2018

Senate fails to pass medium term expenditure framework (Guardian)

Senate fails to pass medium term expenditure framework (Guardian)

Hope of an early passage of the 2018 budget further dimmed yesterday as the Senate failed to approve the 2018 – 2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

The approval of this ducument is a key constitutional condition for the consideration of the budget proposal.

To that effect, the Senate had directed its joint committee on Appropriation and Finance to speedily work on the draft MTEF so as to allow it commence debate on the budget proposal. The report of the committee was supposed to be considered and approved yesterday. Read more

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