How the National Budget is Prepared
Every year the executive branch of the government, under the President's instructions, prepares the
Draft National Budget
. This shows how much money will be collected anf how it will be spent.
It also lists all the sources from which the money will be collected and shows which important projects
and programs the money will be spent on.
All of this information is put together in the draft budget which is sent to the National Legislature
where it is debated
and changes made. After all the changes have been made and accepted, this adjusted
document becomes the approved National Budget
It is then passed into law and printed into handbills