This year, for the first time ever, the government has published, along with the Budget documents a Report it commissioned on the Implementation of last year's Budget.

The voluminous report, steeped in official jargon, naturally highlights that most of last year's Budget measures have been implemented, ticked off as 'done'. Around 90% of the measures have been marked as implemented.

However, some measures are marked as being 'in the process of being implemented'.

While, as said, the innovation is welcomed, the language employed shows the civil service ownership of the Budget implementation.

The sections are marked according to the different ministries, which is in itself already uneven. Then the measures are thrown in higgledy-piggledy with no order or progression in them, much as today's long list of Budget measures.

As for the measures that regard business, perhaps the most glaring case of non-implementation of last year's Budget regards the Hybrid Venture Capital Fund, so much so that in this year's Budget the government has re-presented a new scheme.

The Ministry of Finances can boast it has the highest percentage of implemented measures. Among those that still await implementation there is legislation regarding a Charter of rights of small investors, regarding which the first reading o a bill is expected to be presented to Parliament before the end of this year.