Thu, 19 Dec, 2013 04:29:11 AM FTimes Report, December 19
The Cabinet Committee on Economic Policy on Tuesday issued necessary instructions for the ministries concerned to implement the government's structural policy programme.
The Cabinet Committee at a meeting on Tuesday decided that the ministries would implement the structural policy programme after prioritising their own activities, a government press release said on Wednesday.
Structural policy programme measures that require changes to appropriations shall proceed within the framework of the spending limits procedure.
If structural policy programme measures call for an increase in appropriations, the increases shall be implemented through re-allocations within the central government spending limits, said the press release.
The Budget Department of the Ministry of Finance shall assess by the March 2014 spending limits discussion whether the structural policy programme is being implemented within the central government spending limits.
The ministries shall deliver their spending limits proposals to the Ministry of Finance by 8 January 2014.
If structural policy programme measures do not require changes to appropriations, the ministries shall deliver revised proposals on the content and implementation of the measures to the Structural Policy Programme Steering Group by 24 January 2014.
The Ministry of Finance shall produce an assessment of the effects of the ministries' proposals.
Thereafter, the Structural Policy Programme Steering Group shall deliver an assessment of the progress of implementation to the Cabinet Committee on Economic Policy.
The Steering Group shall also deliver an assessment of the need for further measures to the Cabinet Committee by the end of February, on the basis of which the Cabinet Committee shall direct the preparation of further measures.
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