Section 4 in The M.P. Rajkoshiya Uttardayitva Avam Budget Prabandhan Niyam, 2006
4. Medium Term Fiscal Policy Statement.
(1)The Medium Term Fiscal Policy Statement, as required under sub-section (1) of Section 7, shall be in Form F-2 which shall include five year rolling targets in respect of the following fiscal indicators :-(a)revenue deficit as a percentage of GSDP;(b)fiscal deficit as a percentage of GSDP;(c)outstanding total liabilities as a percentage of GSDP.(2)The Medium Term Fiscal Policy Statement shall also explain the assumptions underlying the above mentioned targets for fiscal indicators and an assessment of sustainability relating to the items indicated in sub-section (2) of Section 7 of the Act.
