Beruflich Dokumente
Kultur Dokumente
Central Government
Ministries and Departments under the Central
government
Provincial Government
Provincial Councils
Local Government
Municipal Councils, Urban Councils and Pradeshiya
Sabas
State owned Enterprises
Statutory Boards, Commercial Corporations,
Government Owned Companies
W.A.Samantha Upananda
Msc(IT), Bsc (Bad.), PG Dip. in Mgt., PG Dip. in IT, DPFM, Dip. in E-Gov
ACMA, MCPM,FPFA, DISSCA
upanandaw@gmail.com
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Budget Cycle
National Budget
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GOALES
OBJECTIVES
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Identifying resource
needs
what resources are
needed to carry out the
plans and cost?
Monitoring and
Reweaving.
WH are the
deviations/corrective
actions.
Implementation of plans
Actions are taken by the
responsible authorities
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Strategic Component
VITION
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Goals/Objectives
ACTIVITES
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Budget Call
qThe preparation of estimates of Revenue and Expenditure
originates from the Chief Accounting Officers, Accounting Officers
/Revenue Accounting Officers.
qThe annual Budget Call by the department of National Budget sets
the Budget cycle in motion.
qThe Budget process starts in March and ends in November when
the Annual Budget is presented in Parliament.
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Treasury
Consultation Process
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The national Budget making process involves wider consultations within Government
ministries and agencies as well as with other stake holders. Such as;
Peoples Representatives
Private Sector
Trade Unions
Interest Groups
Development Partners
Lending Agencies
Rating Agencies
Individuals and Community groups
Professional Associations
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Budget Estimates
The following are the key financial regulations deals with budget
Estimates.
Preparation of Draft Estimates ( FR 50)
- It is the responsibility of the Accounting Officer to see that Draft Estimates relating to his
department are prepared in conformity of Financial Regulations.
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Budget Estimates
Submission of Estimates to Parliament, Committee Stage and
Appropriation Act (FR 58)
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Capital Expenditure
Recurrent Expenditure
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Expenditure Management
Planning of Expenditure
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Cont
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Special Law
(21) Consolidated Fund
(Special Law Services)
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Variations to Estimates
Virement Procedure (FR 66 Application)
Additional Allocation from Treasury Pool vote
Supplementary Estimates
-
Consolidated Fund.
The consolidated Fund is administered by the Department of Treasury Operation and the
Deputy Secretary to the Treasury is the custodian of this Fund. The consolidated fund .. of
all moneys belongings to the government which are not allocated for specific ..
Contingencies Fund
This fund is created by Parliament under Article 149 of the Constitution to provide for urgent
and unforeseen expenditure.
The Minister of Finance if satisfied that
There is a need for such expenditure
There is no provision that exist
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Warrants
To draw many from consolidated fund or contingencies fund ministry of
Finance should sign following warrants.
Grants authority for charging expenditure on the Consolidated Fund in respect of Supply
Services provided for in Part 1 of the Annual Estimates and the Appropriation Act
Requisition
When the Cabinet decides subsequently to release the money withheld as explained above
Special Warrant
When Parliament passes a resolution authorizing a supplementary estimate the Minister of
Finance will issue a special Warrant for the money required for expenditure provided for
in the Supplementary estimates.
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As in Special Law warrants if during the Financial year Parliament passes a special law
services, the Minister of Finance will issue this warrant for the additional money required
under the Special Law services
Advance Warrant
In respect of Advance account activities provided for in Part II of the estimates, the
Minister of Finance will issue this warrant specifying various terms and conditions.
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Cont.
Imprest Authority
qImprest Authority prepared by the Department of Treasury
Operation based on the actual cash requirements for
inquiring of expenditure authorized by the respective
warrants.
qThese warrants along with the schedule which include the
total cash requirement under each Head of the Department
is submitted for the approval and signature of the Minister
of Finance.
qTo prepare Imprest Authority Statement all Chief
Accounting Officers and Accounting Officers should be
submitted Annual Imprest Application stating their cash
requirements to the Department of Treasury Operation
based on budgetary provision in the annual budget
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General Warrant
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