Revised Laws of Saint Lucia (2022)

PART 5
APPROVAL OF ESTIMATES

31.   Estimates

Estimates must —

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    (a)     comprise revenue and inflows, including donor funds, and expenditure and outflows of the Government;

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    (b)     be transparent, accountable, output and performance oriented and follow an internationally accepted budget classification system;

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    (c)     distinguish between current expenditure and capital expenditure;

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    (d)     have an aggregate expenditure ceiling for the financial year and for the 2 subsequent financial years immediately following the financial year and an indicative aggregate expenditure ceiling;

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    (e)     contain the Estimate's balance and the financing required to finance the Estimates; and

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    (f)     contain specific items of expenditure and amounts of appropriation allocated for a specific purpose.