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<h1>Finance Bill 2018 Amends Section 7 of Fiscal Act 2003: Changes Review Frequency, Adds Monthly Statement Requirement</h1> Clause 212 of the Finance Bill, 2018 proposes amendments to section 7 of the Fiscal Responsibility and Budget Management Act, 2003. It changes the frequency of financial reviews by the Minister of Finance from quarterly to half-yearly. Additionally, it mandates the Central Government to prepare a monthly statement of accounts. The amendment also revises sub-section (2) by replacing 'pre-specified levels' with 'prescribed levels,' allowing the government to address revenue shortfalls or excessive expenditures compared to these new prescribed levels.