Section 9
Medium Term Fiscal Framework
of Public Finance and Fiscal Responsibility Act 2023
ActIn forceProvision 9 of 38
Section 9
(1)
The Minister shall formulate a Medium Term Fiscal
Framework to guide fiscal planning, strategies and priorities in the medium term.
(2)
The Medium Term Fiscal Framework shall be a three to five years projection of the Government’s fiscal position together with underlying assumptions of economic indicators forecast by the Government.
(3)
The Medium Term Fiscal Framework shall be supported by a revenue strategy and a public expenditure policy.