Those three financial papers (Part II)

Last Monday, we began an examination of the three financial papers that the Minister of Finance presented to the National Assembly seeking approval by way of supplementary provision in the sum of $12.385 billion. However, because of space constraints, we were only able to cover Financial Paper 1/2003. Today, we discuss the remaining two papers.

 

Financial Paper 2/2013

This paper deals with payments from the Contingencies Fund for the period 13 August to 5 November 2013. Article 220(1) states that Parliament may make provision for the establishment of a Contingencies Fund and for authorising the minister to make advances from that fund if he is satisfied that there is an urgent