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This petition was submitted during the 2019 to 2024 Parliament

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Closed Introduce a Balanced Budget Law

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We call upon the Government to introduce legislation that would commit it to spending no more than the country collects in tax and non-tax revenue. There could be exceptions for extraordinary circumstances such as war.

There needs to be a legal ceiling placed upon the ability of the Government to borrow money that in the long term will be repaid by the citizen without any reference by the Government of the day to the ability of the country to repay it.

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10,000

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  • Petition closed

  • Petition published

    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 24 March 2021.