Last Friday, the Treasury published the 2021 Budget Review and Outlook Paper with the usual impossible notice for public comments before presentation to Cabinet on Tuesday this week.
In activating the 2022/23 national budget cycle, the Budget Review and Outlook Paper reviews recent economic and fiscal developments offer an outlook on the medium-term future and prompt the national government’s 10 Medium Term Expenditure Framework sectors to prepare resource bids against the ceilings it sets.