Demand for Grants

Demand for Grants is a process in the government budgeting cycle where various government departments present their budget requirements for the upcoming financial year to the Parliament. This process typically occurs before the presentation of the annual budget by the Finance Minister, and involves the review and approval of the budget requests made by various government departments.

The Demand for Grants process is a key component of the government's financial management system, as it provides a transparent and accountable mechanism for allocating government resources. During the process, government departments are required to present detailed information on their budget requirements, including the purpose of the funds, the expected outcomes, and the performance indicators to be used to measure success.

Once the Demand for Grants process is complete, the Parliament reviews and approves the budget requests made by each department. The approved budget becomes the basis for the annual budget presented by the Finance Minister, which outlines the government's revenue and expenditure for the upcoming financial year.

The Demand for Grants process helps to ensure that government resources are allocated effectively and efficiently, and provides a mechanism for holding government departments accountable for their use of public funds. The process is an important tool for ensuring good governance, promoting transparency, and ensuring that government resources are used in the best interest of the public.