නිල පරිවර්තනයවෙනස් නොකළ පාඨය, Department of Government Printing වෙතින්
(1)
The primary balance target set by the Minister of
Finance in the medium-term fiscal framework for the upcoming financial year and the four succeeding financial years, consistent with the debt reduction objective, shall be–
(a)
served as a medium-term fiscal anchor to address all aspects of fiscal planning and policy development; and
(b)
updated annually to reflect observed fiscal outcomes and to ensure ongoing consistency with the debt reduction objective in section 10.
(2)
In case of non-compliance or anticipated non-compliance with the primary balance target included in the medium-term fiscal framework, the Minister of Finance shall submit to Parliament and publish within six weeks from the date of such non-compliance or anticipation as the case may be, the following:-
(a)
a report containing an assessment explaining the reasons for non-compliance with the primary balance target;
(b)
an updated medium-term fiscal framework; and
(c)
a fiscal plan to return to compliance with the primary balance target in the current and the next financial year in case of non-compliance with the primary balance target.