The amendment of the Public Finance Management Act through the Statute Law(Miscellaneous Amendments) Act, 2019 dated 9th July 2019, requires that the revenue-raising measures contained in the Finance Bill be submitted to Parliament by 30th of April each year as opposed to June during the budget-statement usually in mid-June. It is therefore imperative that we begin the process of preparing the Finance Bill, 2020 early enough in order to meet the new timelines.


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