This evaluation report was prepared and submitted as part of an independent review process of State finances and compliance with the State Fiscal Responsibility and Budget Management Act (FRBM Act). The evaluation report summarized the key conclusions and lessons of fiscal management process for these two years. In addition to highlighting the State’s compliance to fiscal responsibility Act targets, the report assessed the broad trend of fiscal management. Budgetary projections relating to avenue and expenditure will be analysed keeping the outturns in consideration to assess the ability of the Government to implement the budgetary plans.
