Section 36 of the Public Finance Management Act, 2012, provides guidelines on the processes and procedures for preparing the MTEF budget and the formulation and prioritization of the sector reports. The Sector reports are prepared in January by the various departments to inform programme and sector ceilings to be approved in the CFSP, these reports give the medium-term perspective of the sector.  They combine the annual reports from previous 3 years with the 3-year forward projections for each programme.