[A]
Budget formulation: the preparation of estimates of expenditure and receipts for the ensuing financial year;
[B]
Budget enactment: approval of the proposed Budget by the Legislature through the enactment of Finance Bill and Appropriation Bill
[C]
Budget execution: enforcement of the provisions in the Finance Act and Appropriation Act by the government—collection of receipts and making disbursements for various services as approved by the Legislature
[D]
Judicial review of budget implementation: audits of government’s financial operations on behalf of the Legislature