Section 34, The Public Financial Management Act, 2016

The State budget laid before Parliament shall beaccompanied by information annexes which include– (a) overview of recent macroeconomic and fiscal developments; (b) updated macroeconomic forecasts for the next three years or more; (c) updated fiscal forecasts, including revenues, expenditures, deficit, and debt, of the State budget for the next three years or more; (d) updated fiscal forecasts of the general government and subsectors for the next three years or more; 34 35 proposal and public consultation. Submission of State budget. State budget documents. (e) a reconciliation of the macroeconomic and fiscal forecasts under paragraph (b), (f) paragraphs (c) and (d) with those under the Fiscal Strategy Statement; (g) an explanation of methodologies and assumptions used for the macroeconomic and fiscal forecasts; (h) a comparison of the revenues and expenditures indicated in the main Estimates with the actual revenues and expenditures of the preceding two years and the forecasts of the revenues and expenditures for the next two years; (i) the consolidated budget of the central government, which aggregates budgets of all entities included in the central government at such detail as determined by the Minister; (j) a description of main policy objectives and strategies to be achieved and implemented under the State budget, including the policies contained in the budget speech; (k) a statement of transformational development projects referred to in subsection (6) of section 77; (l) estimated amount of waiver of tax to be given during a financial year to which the State budget relates; (m) a Public Investment Programme referred to in subsection (1) of section 35; (n) a list of outstanding guarantees given by the Minister and loans granted from the Consolidated Fund; and (o) any other information as required by this Act or deemed appropriate by the Minister.