The Government guaranteed this Tuesday that the proposed law that introduces new amendments to the Budgetary Framework Law (LEO) will not limit the proposals to amend the parties to the 2021 State Budget. The Secretary of State for Budget, Cláudia Joaquim, considers that the legislation in force penalizes parties more in the presentation of proposals in the specialty, by imposing binding limits on total and sectoral spending.
At a hearing in the parliamentary budget and finance committee, the secretary of state for the budget denied that the proposed law passed by the Council of Ministers on June 9, which introduces changes to LEO, creates new limits on the changes submitted by parties to the budget proposal and underlined that, instead, it seeks to solve the problem of the current plan's Great Options law “totally limiting” these initiatives.
“When we have the Great Options law, approved in April, with the limits by sectoral area and the total limit of the binding expenditure as it stands, the initiatives of the parliamentary groups presented, in the discussion of the following budget, could or may not represent, in its sum or individually, an impact on expenditure that would exceed sectorally this amount approved in April ”, he said.
The Secretary of State clarified that the Government's proposal “aims to introduce flexibility” in the presentation of party proposals and to maintain that same flexibility “in the discussion of the State Budget, in the elaboration by the Government and in the discussion by the Assembly of the Republic".
The Government's initiative, which according to Cláudia Joaquim is in line with the provisions of the 2015 law, foresees a change in the delivery of the State Budget to October 10 and the extension of the voting period in Parliament, as well as the easing of the limits of the multiannual framework and the “increase of transparency” in budget execution and in the decision-making process of the Assembly of the Republic.
The Government's draft law dropped the discussion in the specialty, without a vote, after the document was criticized by the parties, from left to right. The parties consider that the new changes are an "interference in the budgetary process", which tears "completely" the 2015 LEO internationally praised, and "seeks to introduce unacceptable limitations to the initiative of the Assembly of the Republic in the budgetary process".
The Socialist Party (PS), a government party, praised the strengthening of the role of the Public Finance Council with the introduction of new rules, the annual report on the impact of invariant measures and the inclusion of individualized information on guarantees provided by the State, as vehicles associated with the BPN, the Resolution Fund and guarantees in the context of the Covid-19 pandemic.
The Government guaranteed this Tuesday that the proposed law that introduces new amendments to the Budgetary Framework Law (LEO) will not limit the proposals to amend the parties to the 2021 State Budget. The Secretary of State for Budget, Cláudia Joaquim, considers that the legislation in force penalizes parties more in the presentation of proposals in the specialty, by imposing binding limits on total and sectoral spending.
At a hearing in the parliamentary budget and finance committee, the secretary of state for the budget denied that the proposed law passed by the Council of Ministers on June 9, which introduces changes to LEO, creates new limits on the changes submitted by parties to the budget proposal and underlined that, instead, it seeks to solve the problem of the current plan's Great Options law “totally limiting” these initiatives.
“When we have the Great Options law, approved in April, with the limits by sectoral area and the total limit of the binding expenditure as it stands, the initiatives of the parliamentary groups presented, in the discussion of the following budget, could or may not represent, in its sum or individually, an impact on expenditure that would exceed sectorally this amount approved in April ”, he said.
The Secretary of State clarified that the Government's proposal “aims to introduce flexibility” in the presentation of party proposals and to maintain that same flexibility “in the discussion of the State Budget, in the elaboration by the Government and in the discussion by the Assembly of the Republic".
The Government's initiative, which according to Cláudia Joaquim is in line with the provisions of the 2015 law, foresees a change in the delivery of the State Budget to October 10 and the extension of the voting period in Parliament, as well as the easing of the limits of the multiannual framework and the “increase of transparency” in budget execution and in the decision-making process of the Assembly of the Republic.
The Government's draft law dropped the discussion in the specialty, without a vote, after the document was criticized by the parties, from left to right. The parties consider that the new changes are an "interference in the budgetary process", which tears "completely" the 2015 LEO internationally praised, and "seeks to introduce unacceptable limitations to the initiative of the Assembly of the Republic in the budgetary process".
The Socialist Party (PS), a government party, praised the strengthening of the role of the Public Finance Council with the introduction of new rules, the annual report on the impact of invariant measures and the inclusion of individualized information on guarantees provided by the State, as vehicles associated with the BPN, the Resolution Fund and guarantees in the context of the Covid-19 pandemic.