The Citizens’ Budget for the year 2016-2017

Abstract

The 2016/2017 edition of the Citizens’ Budget intends to provide a simple and clear overview of 2016/17 Government Budget in a more transparent manner, as it was for the previous editions1. Essentially, Government Budget is the annual estimates of revenue and expenses prepared by Government. It is a fundamental tool that the Government uses to translate its policy decisions into actions politically, socially and economically. Furthermore, it is a document that reveals how the government plans to collect revenues through different sources and spend the collected revenues basing on priorities in that particular financial year.