Last week, we began a discussion of Financial Paper 1/2014 that the Minister of Finance presented to the National Assembly three Thursdays ago. The paper deals with a request for a supplementary estimate to cover excess expenditure totalling $4.554 billion incurred during the period 1 January to 16 June 2014.
Recapitulation of last week’s article
We identified the constitution and legal provisions relating to withdrawals from the Consolidated Fund pending the passing of the Appropriation Act. Article 219 (1) permits the Minister to authorise withdrawals for up to four months to meet the cost of essential services. As required by Section 36 of the FMA Act, such withdrawals are limited to
