Government offices require president’s permission to go over budget

Source: Avas

The Ministry of Finance has stated that any government offices that wish to go over their allocated budget must ask for the president’s permission.

According to the budget allocation regulations released by the Ministry, the budgets of any governmental offices or Ministries can only be increased by 5% and any amount beyond that requires special permission from the president.

The Ministry elaborated that the reasoning behind these regulations was to ensure that government institutions work within the budget, adding that these regulations would come into effect following the establishment of the new state budget for next year.

The regulations by the Ministry also stated that the budget allocated for a specific purpose cannot be reallocated for another purpose.

For instance, the budget set aside for the Public Sector Investment Programme cannot be reallocated for another project or programme.

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