Finance Ministry starts 2014 Budget preps

THE Ministry of Finance has commenced preparations for the 2014 National Budget and the 2014-2016 Medium Term Expenditure Framework (MTEF) with a call for an all-inclusive participation as the process is non-partisan.
Secretary to the Treasury, Fredson Yamba said the process was a pragmatic search for tax and non-tax policy proposals, which will foster sustainable revenue generation, accelerated growth, and employment creation.
He said the consultation period ending July, 31, this year had been set to ensure that all citizens, including the youth, women groups, the private sector, and other interest groups participate in the formulation of the 2014 Budget and the 2014 to 2016 MTEF.
“We are making steady progress but to facilitate broader consultations, members of the public are  invited to submit proposals for Tax and Non-Tax Revenue Policy for the 2014 Budget,” he said.