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7. Implementation
- The Cabinet paper that this RIS accompanies, Strengthening the Fiscal Responsibility Provisions of the Public Finance Act, proposes that Cabinet agree to the introduction of a number of the options considered in this RIS. It is proposed that the changes be included in a Bill amending the Public Finance Act. However, many of the proposals can be implemented prior to the Bill being passed. Many of the proposals are about elements that any government should take into account in developing its fiscal policy and how it makes those decisions transparent. The Government is able to take these elements into account without the formality of changes to the Act.
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