The annual Budget has been widely regarded as the second most important legal document of a nation after the Constitution. This is because it is a tool for allocating scarce resources of the country to sectors of the economy on an annual basis. In so doing it demonstrates government commitment and prioritisation among sectors, programmes and projects through the share of the budget that each gets. The sectoral allocations usually reflect government policy and programmes as detailed in policy documents adopted by the administration at the time. The present government has adopted Transformation Agenda 2011-2015 (TA) as the Blueprint for the nation’s socio-economic development with specific areas of focus including targets and strategies for realising them.
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NANTS Review of 2013 proposed Agric budget
The annual Budget has been widely regarded as the second most important legal document of a nation after the Constitution.