4.
Financial year estimates. (Article 155)
(1) The President shall request for the preparation of estimates of the money to be
received and spent during the following financial year, to be presented to Parliament at least
fifteen days before the commencement of that financial year.
(2) The head of any self-accounting department and any other government body shall
submit to the President before the end of every financial year the estimates of the money they
expect to receive and spend and such estimates shall be laid before Parliament.
(3) The President shall request for submission to Parliament of monetary programmes
and plans for economic and social development and estimates of money received and spent
covering periods not exceeding one year.
5.
Appropriation Bill (Government expenditure proposal). (Article 156)
(1) An Appropriation Bill shall be presented to Parliament containing the amount of
money to be spent by the Government and authorising withdrawal of money from the
Consolidated Fund.
(2) If in any financial year it is found that the amount authorised to be used is
insufficient or has been exhausted, further estimates shall be presented to Parliament for
approval.
6.
Salaries and allowances to be paid out of the Consolidated Fund. (Article 158)
(1) Parliament shall indicate which salaries and allowances shall be paid out of the
Consolidated Fund.
(2) Salaries and allowances from the Consolidated Fund to a holder of an office shall
not be changed to his or her disadvantage after appointment to that office.
7.
Power of Government to borrow or lend money. (Article 159)
(1) Government may borrow money from any source in accordance with the
Constitution.
(2) Government shall not borrow, guarantee, or raise a loan on behalf of itself or any
other public institution, authority or person except as authorised by or under an Act of
Parliament.
(3) The President shall, at such times as Parliament may determine, cause to be presented
to Parliament such information concerning any loan as may be necessary to show—
(a) the size of the debt and the total interest on the debt;
(b) how such a loan is to be repaid; and
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