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Pressure mounts on Treasury over Finance Bill

Updated Thursday, April 12th 2012 at 00:00 GMT +3

He added: "The committee would wish to inform Treasury that this mischief will not be entertained. The committee will seek leave of the House and Chair to present its report beyond the April 15 timeline."

Mbau claimed the Executive deliberately failed to submit the Budget Policy Statement, whose statutory deadline for presentation to Parliament lapsed on March 21, to take advantage of the recess.

The committee is supposed to consult each departmental committee and table not later than April 15 the report on the statement detailing the broad strategic macroeconomic issues that will be the basis of the Budget.

MPs’ recommendations after scrutiny of the statement are meant to inform the Budget estimates, which the Finance Minister must submit to Parliament by April 30 every financial year.

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