Section 4: The Cabinet shall, subject to the Constitution, –

(a) approve the Fiscal Strategy Statements and the State budget to be laid before Parliament; (b) monitor and review the execution of the State budget and the financial management of the general government through review of the quarterly statement of the central government, the annual financial statements of the Consolidated Fund, the annual financial statements of the central government, and the audit reports of the Auditor-General; (c) approve a Bill to establish a new sub-vented agency, some other entity in the central government, a social security fund, or a public enterprise; (d) approve a proposal to Parliament of acquisition of shares and ownership interest in a company or other body corporate which causes the company or other body corporate to be a public enterprise; and (e) approve proposals for Parliament to ratify external loans and grants. 10 11 Register of the general governmental and public enterprises. o f Parliament. of Cabinet.