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Ministry of Finance
The Budget Section
Mission
To ensure all budget allocations to Government Ministries and Departments as
authorised by Treasury Warrants are being expended in accordance with the provisions of
the Constitution of Negara Brunei Darussalam, Statutes, Financial Regulations and
Government Circulars issued from time to time by Prime Minister’s Office, Ministry of
Finance and Treasury.
Function
To administer and assist in policy
setting and planning national budget matters.
To process applications for funds from Government
Ministries and Departments (including National Development Projects) eg. Supplementary
Warrants, Virement Warrants, Financial Requisitions and Establishment Warrants.
Internal Auditing.
To submit the annual budget ceilings for consideration by
the Cabinet.
To vet the recommendations made by Government Ministries on
the budget proposals submitted by the respective Ministries and Departments under its
supervision before submitting to the Cabinet for consideration.
To vet the National Development Budgets recommended by the
National Development Committee before submitting to the Cabinet for consideration.
To prepare the annual Emergency (Supply) Order and the
Emergency (Appropriation from Development Fund) Order for approval by His Majesty the
Sultan dan Yang Di-Pertuan Negara Brunei Darussalam in accordance with the provisions of
the Constitution of Negara Brunei Darussalam. The Emergency (Supply) Order authorises the
withdrawal of a certain amount of funds from the Consolidated Fund for services, including
national development projects, to be provided by the Government during a financial year.
The Emergency (Appropriation from Development Fund) Order authorises the issue of funds
from the Development Fund for the approved national development projects to be implemented
during the financial year. National development projects are normally funded for a period
of 5 years. The Government’s financial year is for a period of 12 months starting
from 1st January and ending on 31st December.
The issue of Treasury Warrants to Permanent Secretaries and
Heads of Departments authorising them, as controlling officers, to incur expenditure on
the amount of budget allocated to their respective ministries and departments. Controlling
officers are to exercise strict economy over the votes under their control and they are
personally responsible for the due performance of the financial duties of their respective
ministries and departments. Although a controlling officer may delegate the work
incidental to his office to a subordidnate officer, he cannot delegate his responsibility.
All Treasury Warrants authorising expenditure cease absolutely on the 31st of December.
The issue of Revenue Warrants to Permanent Secretaries and
Heads of Departments authorising them, as collectors of revenue, to collect all revenue
due to the Government promptly. Heads of departments (including Permanent Secretaries) are
personally responsible for the prompt collection of all revenue relating to their
respective ministries and departments. They are also responsible for seeing that proper
provision in the form of strong-rooms, safes or cash boxes as appropriate is made for the
safe keeping of public money, stamps, receipt forms, licences etc..
When through unforeseen circumstances it becomes necessary
for a controlling officer to apply for authority to incur additional expenditure in excess
of the provision under a particular sub-head of the estimates, or on a service not
provided for in the estimates, he may do so via the following alternatives:
- Virement Warrants - will be required for all
expenditure that can be made from savings within the same head of expenditure under the
control of the controlling officer by transfer from one sub-head to another sub-head. A
full explanation of the of the proposed expenditure and reasons which make it necessary
must be given in the application form. Explanation of the savings on the sub-head to be
decreased or transferred shall be given. Although references to correspondence which has
taken place shall be given, the explanations in the application form shall be sufficiently
complete in itself to enable the application to be considered by the Ministry of Finance
without reference to other document.
- Supplementary Warrants - will be required for all
expenditure which is not provided for or not fully provided in in the Treasury Warrant and
where there is no savings to be transferred from a sub-head. A full explanation of the
expenditure proposed and the reasons which make it necessary must be given in the
application form for the consideration of the Ministry of Finance without reference to
other document. Supplementarty fund will be provided by an Emergency Order or an advance
from the Contingencies Fund, depending on the amount and circumstances of each
application.
- Financial Requisitions - will be required for the
release of the full or part of the amount of any provision provided under "R"
before any expenditure is incurred.
- Establishment Warrants - will be required for any
new, additional or alterations to the existing established posts. Application for a new
post will only be considered if its scheme of service has already been approved by the
appropriate authority.
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