Bare Act

The Mizoram Fiscal Responsibility and Budget Management (Amendment) Act, 2009

This Act amends the Mizoram Fiscal Responsibility and Budget Management Act to strengthen state financial management. It sets a specific target for the state government to reduce its fiscal deficit to three percent of the Gross State Domestic Product by 2009-10. Additionally, the legislation requires the government to prepare and publicly disclose a detailed statement of its assets in the Legislative Assembly. These measures aim to ensure fiscal discipline, transparency, and better accountability in the state's budgeting process, ultimately promoting long-term economic stability and responsible governance for the state's future development and welfare.

PDF: pending for this language.