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Investor Presentaiton

2.0 The Concepts of Budget and Public Finance.../2 The budget is the principal tool of public finance management Budget Budget and Budgeting A budget is not just a set of revenue & expenditure plans by the Government, but a culmination of government's strategic socio- economic and fiscal policies, plans and priorities for actualizing its development agenda in a fiscal period (typically a year). Budgeting Budgeting entails choice among competing alternatives. Making resource allocation decisions can be quite Resource constraints, vis a vis competing economic needs, complicated in the public sector reinforce the need for Budgeting
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