THE PEOPLE’S ADJUSTED BUDGET 2018-2019
What is the Adjusted Budget?
Six months after the beginning of the financial year, an Adjusted Budget is tabled which shows how government is planning to change its spending plans to deal with any unexpected circumstances. Unused funds, including the money from its rainy day fund and money which departments do not think that they are going to spend, are moved or removed through the Adjusted Budget.
Why the Adjusted Budget matters?
The Adjusted Budget changes the National Budget passed by Parliament earlier in the financial year. It changes the amounts of money allocated to each department and programme. Some get more, some get less. It is important to ask whether these changes in the departments’ budgets could affect their ability to provide goods and services to the public.