The transition to a treasury single account will be completed.
Text of condition changed from "to be" to "will be" and testdate revised at R3.
In October 2008, the authorities took steps to prevent accumulation of unspent balances in accounts outside the Federal Consolidated Fund and made the use of assignment accounts by ministries under the Account No.1 fully operational for budget expenditures. MoF has collected information about balances held by federal government entities in commercial bank accounts. The target date has been revised from end June-2009.