Section 5 in The Jammu and Kashmir Fiscal Responsibility and Budget Management Act, 2006
5. Fiscal Policy Statements to be laid before the Legislature.
- The Government shall in each financial year lay before each House of the State Legislature, the following statements of fiscal policy alongwith the budget, namely: -(a)the macroeconomic Framework Statement;(b)the Medium Term Fiscal Policy Statement; and(c)the Fiscal Policy Strategy statement.
