The Amended Act 2015 stipulated that a minimum 70% of the Annual Budget Funding Amount (ABFA) – which is the portion of petroleum receipts approved...
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- MYJOYONLINE.COM - A la Une - 09/Jul 19:56
PIAC accountability oversight weakens with amendment of PRMA
The Amended Act 2015 stipulated that a minimum 70% of the Annual Budget Funding Amount (ABFA) – which is the portion of petroleum receipts approved by parliament to support the national budget for a financial year – should be used for public investment expenditure.
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