Programme Based Budgets – The Budget Estimates present detailed revenue and expenditure estimations for the forthcoming year and forward-looking estimates for the MTEF.
Both revenues and expenditures are organized and presented by department, program and sub-programs. They contain yearly recurring expenditures (such salaries and operation and maintenance expenses) as well as development estimates for new investments and projects. Budget Estimates are guided by the ceilings approved in the BPS.
Budget Policy Statement: The BPS sets out the broad strategic priorities and policy goals that will guide the national government and county governments in preparing their budgets both for the following financial year and over the medium term.