The communitarian budget Every year the Parliament sets the
communitarian budget thus enabling the government to carry out
its policies. Before the coming fiscal year The Government,
together with the specialized department of the ministry, draws
up the budget draft and submits it for parliament’s approval.
The budget comprises an income and expenditure assessment for
the following fiscal year. The specialized committees, which
come under the financial committee’s responsibility, discuss the
budget draft and the possible amendments. In theory, the budget
is passed at the plenary meeting before the beginning of the
fiscal year (usually in December of the previous year). Through
its vote, the Parliament entitles the Government to spend the
means up to the fixed sums for every budget allocations
(appropriations). In the course of the fiscal year The
Parliament can revise the budget (typically twice a year) in
order to meet new or changing demands. After the end of the
fiscal year The following year, the governme