- 4 Marks
PSAF – May 2019 – L2 – Q2b -Public sector fiscal planning and budgeting
Outline the procedures for payment of works procured by an MDA.
Question
b) Funds are released from the consolidated fund to the Ministries, Departments, and Agencies (MDAs) for use only when an appropriation bill has been passed into an appropriation act. However, when the Appropriation Act is issued, there are certain procedures usually followed in making payments for Capital Expenditure.
Required:
Outline the procedures for payment of works procured by an MDA.
(4 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Capital Expenditure, GIFMIS, MDAs, Payment Procedures
- Level: Level 2
- Topic: Public sector fiscal planning and budgeting
- Series: MAY 2019
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