Section 5

The Minister is responsible for formulating and implementing fiscal policy of the Government with the objectives of ensuring sustainability of public finance, preserving macroeconomic stability and safeguarding the well-being of the people.

“revenue” means moneys received by the Government and paid into the Federal Consolidated Fund in accordance with

Clause (1) of Article 97 of the Federal Constitution and accounted in the Consolidated Revenue Account under paragraph 7(a)

of the Financial Procedure Act 1957;

Public Finance and Fiscal Responsibility 11