-concern however raised over aspect of 2021 amendment to FMA Act
In accordance with Article 218 (1) of the Constitution, the Minister of Finance or with responsibility therefor is authorized to lay before the National Assembly estimates of the revenues and expenditures of Guy-ana for the ensuing financial year for approval.
Against this background, High Court Judge Nareshwar Harnanan has declared that there are no fetters placed on the constitutional agencies spending their resources, other than to conform with the statutory procedures for accountability.
In a ruling delivered yesterday, Justice Harnanan noted that the entities listed in third schedule are authorized by Article 222(a)(b) of the Constitution to manage their respective subventions in such manner as they deem fit to carry out their respective mandates.
