Introduction

On June 11th 2009, in accordance with the constitution of the Republic of Rwanda of June 4, 2003 as amended to date especially article 79 and article 42 of the Organic Law on State Finances and Property as amended to date, on behalf of the Government of Rwanda, the Minister of Finance and Economic Planning presented to the Parliament, Chamber of Deputies the draft law on State Finances for the Fiscal year 2009/2010. Pursuant to the presented draft law, the Parliament made examination and adopted the law to be applied from July 1st as it was published in the Official gazette of June 30 2009 .

That was after the State Finances were defined at the end of last fiscal year 2008 to serve a half year 2009 in order to harmonise with the East African Community fiscal which starts from July and ends June of next ordinary year. The Rwanda Government signed the Treaty of Accession to the East African Community (EAC) on 18th June 2007 and one of the requirements of the treaty was to align our budget calendar to that of the Community with effect from July 1, 2009.

Budget allocation guidelines:  The Organic Law on State Finances and Property nº 37/2006 of 12/09/2006 published in the Official Gazette on September 12th, 2006 provides in its article 51 guidelines for the reallocation of expenditures during budget execution. This article is further complemented by articles 19 of the financial regulations published in the Official Gazette on 15th February 2007.

The state finances for fiscal year 2009/2010:  The Chamber of Deputies, in its session of 22 June 2009; Pursuant to the Constitution of the Republic of Rwanda of 04 June 2003 as amended to date, especially in Articles 62, 66, 67, 79, 80, 81, 90, 92, 93, 108, 118, 184 and 201; Pursuant to Organic Law n°37/2006 of 12/09/2006 on State Finances and Property as modified and complemented to date; adopted the law determining the State Finances for fiscal year 2009/2010. The Ministry of Infrastructure was allocated a total of FRW 31 468 455 184 of recurrent budget as agency #18. (Pages 196-202).