Evening Investment Budget Approval
The Ministry of Finance confirmed that public institutions of an administrative nature and similar entities can approve supplementary budgets that include payment appropriations before the deliberative body meeting. This measure aims to prevent the accumulation of debts and delays in implementing investment projects. It clarified that these adjustments do not alter the core of the projects and help improve the utilization of appropriations. However, some sectors have observed delays in the disbursement of additional appropriations during the year due to the need to hold meetings of the authority to discuss the adjustments, which sometimes results in delays in project implementation and the conversion of unspent appropriations into payable debts.
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