2.3 Budget Information
2.3.1 The committee Calls upon Treasury to work towards improving budget information. Total Revenue including retained revenue is given as US$ 6.5982 billion in the Budget Statement (page 37) whilst this is US$6.617 billion in the Bluebook (page 9).Total Expenditure and Net Lending is shown as US$8. 164.3 billion in the Budget Statement (page 38) whilst in the Bluebook (page 9), it is given as U$8.172.3 billion. Thus, the budget deficit is US$1.566.1 billion according to the Budget Statement (page 38), but in the Bluebook (page 9), it is lower at US$1.555.3 billion leading to a net difference of about US$10.8 million. These problems of budget information inconsistencies were flagged out in the 2018 budget and have been repeated in the 2019 budget. Extra care is thus needed when preparing the budget to ensure consistency and credibility of the information presented.
2.4 Parliament Allocation
2.4.1 Parliament was allocated $101 million constituting about 1,47% of the budget against a request of $163 million. The allocation to Parliament has been on an increasing trend, from $39.7 m in 2017, $80m in 2018 to $101m in 2019 (26% increase). While the Committee acknowledges the increment in Parliament funding, the following should be noted:
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