Budget Directorate

 

​The Budget Directorate ensures that the budgetary process incorporating Ministries, Departments and Public Entities, is managed in a timely manner.  Advice and support are provided for the identification, apportionment and utilisation of the financial resources of government, to enable government to sustain commitments and achieve its objectives, within the parameters of a consolidated financial plan.
 
 
Main Areas of Responsibility
 
The compilation, publication and monitoring of the Constitution of Malta and financial legislation, as part of the annual budget process.
 
 
Core Functions
  • providing advice on draft Financial Estimates of government, in reflection of set priorities;
  • compiling draft annual and medium term expenditure and revenue projections for ministries, departments and public entities;
  • keeping in perspective the aggregate budgetary targets of Government, throughout the public finance management cycle;
  • recommending upon timely corrective measures, where issues of budget containment or revenue shortfalls are envisaged, as the financial year unfolds;
  • co-ordinating all legislation pertaining to implementation of the initiatives emanating from the annual Budget Speech for eventual debate and legislation in the House of Representatives;
  • monitoring of recurrent expenditure, capital expenditure, and revenue collection of ministries, departments and government entities, with a view towards providing updates within the context of aggregate budgetary targets;
  • developing and implementing financial policies and procedures with which to guide and monitor revenue and expenditure, ensuring value for money performance
  • identifying potential room for efficiencies, through strategic, financial and operational evaluations and other techniques;
  • monitoring the revised estimates of ministries and departments, as well as the financial and management accounts of entities with particular attention to revenue, spending and expenditure plans;
  • preparation of financial and business statements, status reviews, and other financial management reports;
  • implementing an offsetting procedure involving dues to and from Government;
  • where applicable, dealing with non-delegated matters which, through legislation, are vested in the Minister responsible for finance. 

 

 
 Resources  
 
     Circulars
     Forms
     Legislation 
 

 

 Budget Documentation

 
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  Organizational Structure  

 
Click here for the Organisational Structure of the Budget  Directorate.
 

 

 

 CONTACT INFORMATION:
 
 Contact Name 
Ministry for Finance
30, Maison Demandols,
South Street,
Valletta VLT 2000
 
 Telephone
2599 8259
 
 Fax
2599 8429
 
 Email

Website