The Ministry of Finance and Economic Planning presented an outline of the analysis of the preliminary draft budget of the National 2012-2013 fiscal year.
Appearing Tuesday before a parliamentary committee responsible for budget and finance management, John Rwangombwa said the budget is estimated at Frw1000,374,400,000.
Rwangombwa explained the source of funding will be drawn from taxes collected from foreign grants and credits, tourism and others.
In the first draft of the national budget 2012/2013, it is expected that revenue from taxes will be approximately $ 600 billion.
The draft national budget, fiscal year 2012-2013 has generally increased from 182 billion from the budget for the year ending.
Rwangombwa also explained how the budget was allocated, noting that this distribution was made on the basis of priority.
He indicated that the budget items concerning in particular the acquisition of office equipment of public institutions and the central administration and travel expenses and training have been revised downwards.
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