The Budget Briefers examine the proposed national government budget particularly the macroeconomic assumptions used in drawing up the budget, the major breakdown and allocation, and sources of financing. The Macroeconomic Perspective analyzes the underlying macroeconomic assumptions of the proposed budget such as the growth target, inflation, interest and foreign exchange rates, and oil prices. It shows the dynamic relationship between the budget variables and the macroeconomic parameters.It explains possible shocks that may trigger deviations from government targets and how these would affect growth, revenues and expenditure prospects.
The Dimensions of the Proposed Budget examines the size and allocation of the national budget, and how it is supportive of the development plans of government. It is a condensed version of the National Expenditure Program that acquaints legislators with the distribution of the budget by sector, department, region, and type of fund (i.e., new, continuing and automatic). The briefer on Financingthe Budget presents the proposed financing program that consists of tax and non-tax revenues, and borrowings. It evaluates the reliability of revenue targets under prevailing circumstances, reviews proposed legislative measures to increase revenue collections, and recommends other potential revenue sources.