Given the importance of the financing, it is desirable that the actual financing for 2021, the preliminary financing for 2022, and the planned financing for 2023 be included in the Estimates of Revenue and Expenditure for 2023. Additionally, the public accounts for 2021 could only be properly closed after the Report of the Director of Audit is presented to Parliament. This step in the budgetary process has remained outstanding over the previous years and needs to be addressed to improve fiscal transparency and accountability.

Budget Alert 2.15 Financing Government Operations