The Citizens’ Budget for the year 2015-2016

Abstract

This is another edition of Citizens’ Budget which explains the Government budget for year 2015/16 in a simplified way. The term Government budget means the annual estimates of the revenues, other receipts and the expenditures of the Government (including grants to local authorities) submitted for Parliamentary approval within a given period. These estimates aim at implementing policy decisions made by Government to achieve a set of macroeconomic objectives. Budget is more than just numbers. It reflects the Government’s policy priorities, and ultimately, is about delivering better services to people.