Budget Calendar


Document Description 2021
Budget outlook paper received by Budget Policy Committee (BPC) for review Provides information and analysis of Somaliland’s Economic Outlook and Major National Issues. 15th May
Expenditure Priorities Government Expenditure Priorities selected by BPC in line with NDP2 (NDP2/Manifesto outcomes). 30th May
Macroeconomic and Fiscal Framework (MFF) Estimate of total government revenue and expenditure for the coming three years, Macroeconomic policy and forecast of macroeconomic Variables (2.1, 4.1, 4.2). 30th June

 

Budget Framework (BF) Recurrent expenditure ceiling for the coming year (Sections 1.1, 1.2, 4.3). 30th June

 

MFF and BF submitted to Cabinet and HoR by the Minister of Finance Minister of finance submits Macroeconomic and fiscal Framework and Budget framework to Cabinet and HoR for review (Section 5.3). 30th June

 

Budget Circular and Guidelines Statement of government priorities, economic situation and new budget process circulated to all MDAs by the Minister of Finance (Section 4.6). 31st July
HoR feedback Budget Recommendations sent to the minister based on Review of MFF and BF (Section 6.4). 15th August
Budget Submission Each public body states the amount of funding they request with sectoral limits and details of the policy they plan to implement with public funds (Section 5.1). 31st August
Budget Negotiations between MDAs and MoF Expenditure estimates in MTBF are used to guide negotiations with MDAs. 1st September
Minister submits Annual Budget to the Council of Ministers Council of Ministers debates and votes to approve the Budget. 29th September
The Budget (Finance Bill) The Minister of Finance submits expenditure Votes for approval by House of Representatives and presents an update on the Somaliland Economy (7.1 7.2, 7.3, 7.4, 7.5). 1st October