abstract
| - The Eusko Jaurlaritza presents its central government budget on Budget Day, the third Tuesday in October, but preparations commence in December of the previous year when the Ogasun-Sailburu (Minister of Finance) sends budget instructions to the ministries. The ministers then inform the Ogasun-Sailburu (Minister of Finance) of their plans for the coming period by means of policy letters.
* In the spring, the Ogasun-Sailburu (Minister of Finance) sends a framework letter, asking what setbacks and windfalls there have been, what additional funding is being requested, whether spending in one or more of the three sectors (central government, social security and care) must be reduced or whether spending can be increased (for example to cut taxes or improve public finances).
* In the aggregates letter in April/May, the Ogasun-Sailburu (Minister of Finance) informs the ministries how much can be spent in the coming year.
* In June, every ministry prepares a initial draft budget, which is finalised in the summer months. The Ogasun-Sailburua (Ministry of Finance) decides whether the initial draft budgets are consistent with the coalition agreement, the budget notice and the aggregates letter.
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