The national budget is key to pursuing the country's development goals. It is crucial that adequate amounts are not only available to support the day-to-day operations of government, but that funds are strategically allocated to achieve desired outcomes for specific sectors, geographic areas, and population groups.
The General Appropriations Act (GAA) for FY 2019 was finally passed last 15 April 2019 after careful scrutiny of the various items of expenditures and debates over the adoption of the annual cash-based budgeting system. Under the new budget regime, the appropriated amounts correspond to funding requirements only for a given fiscal year. Thus, agencies should obligate and ensure that procured goods and services are delivered within the year. However, with the delayed passage of the FY 2019 GAA and the election ban in connection with the May 2019 elections, the implementation of and payment for infrastructure projects has been extended until 31 December 2020, provided that the funds for the purpose are obligated not later than end of this year (2019 President's Veto Message). >>read complete document