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MID – YEAR FISCAL POLICY REVIEW OF THE 2018 BUDGET STATEMENT AND ECONOMIC POLICY -HIGHLIGHTS ON THE PETROLEUM SECTOR

Publication Type:

Executive Summary

According section 28 of the Public Financial Management Act, 2016 (Act 921), the Minister of Finance is duty-bound by the Act to prepare and submit to Parliament a mid-year fiscal policy review on or before 31st July of each financial year.

This document presents highlights on the petroleum sector as contained in the mid-year fiscal policy review.

It presents an overview of the petroleum sector’s contribution to recent macroeconomic developments, external sector developments, petroleum receipts and utilization for the period spanning January to May 2018 and updates on key policy initiatives.

Please click on link below for the document

MID – YEAR FISCAL POLICY REVIEW _2018 -HIGHLIGHTS FOR PETROLEUM SECTOR

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