According to the PERA Force Laws, after the Authorized Officer prepares the budget, it is formally submitted to the Government for approval. This requirement ensures that all financial plans, including estimated receipts and expenditure for the next financial year, are... Read More
According to the PERA Force Laws, after the Authorized Officer prepares the budget, it is formally submitted to the Government for approval. This requirement ensures that all financial plans, including estimated receipts and expenditure for the next financial year, are reviewed and sanctioned by the Government before implementation. The submission to the Government guarantees transparency, accountability, and alignment with broader financial regulations. While the Board and Authority play roles in oversight, the final approval rests with the Government, ensuring that the budget complies with statutory financial policies. The Finance Department may assist in review, but the legal approval authority lies with the Government, making it the correct answer under the law. This process ensures that the Authority’s operations are financially authorized and legally compliant for the upcoming fiscal period.
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