(1) Each
agency must establish a
Budget Focus Group comprising of senior management officials responsible for
policy planning and budget preparation for the different departments or
divisions within the agency.
(2)
Agencies
should prepare their budget submissions in accordance with the Finance
Circulars issued by the CEO of Finance from time to time.
(3)
Agencies
should ensure that their budget submissions:
(a) clearly link to the
policy objectives and outputs outlined in
their Annual Corporate Plans;
(b) separately show operating and capital expenditures; and
(c)
clearly specify the projects and
expenditure to be aid funded.
All projects requiring aid assistance
must be formally endorsed by the Budget and Aid Coordinating Committee.
(Financial Instructions 2005 s(7))