Fiscal disclosure requirements expanded to include expenditure indicators, medium term framework and specified revenue deficit percentage. The amendment expands disclosure under section 8 to require publication of expenditure indicators with specifications of underlying assumptions and risks linked to clause (a) of sub section (6A) of section 3, adds the Medium term Expenditure Framework Statement alongside the Fiscal Policy Strategy Statement, and requires specification of the percentage of revenue deficit for post target periods.
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Fiscal disclosure requirements expanded to include expenditure indicators, medium term framework and specified revenue deficit percentage.
The amendment expands disclosure under section 8 to require publication of expenditure indicators with specifications of underlying assumptions and risks linked to clause (a) of sub section (6A) of section 3, adds the Medium term Expenditure Framework Statement alongside the Fiscal Policy Strategy Statement, and requires specification of the percentage of revenue deficit for post target periods.
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