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30 November 2011

Parliamentary Majority Alliance Government State budget for 2012 approved by Parlliament

East Timor Legal News 30/11/2011 Source: Diario Nacional 29/11/2011 - The National Parliament has approved the country's general state budget for 2012.

The budget passed with 39 votes in favor, 20 against  and one abstention.

Fretilin voted against the approved budget due to the time for the budget execution being very limited and it wondered if the money would be spent recklessly.

The Government proposed US$ 1.7 billion to be allocated to the country's development and some new items proposed during the debate were also approved.

Parliamentary Committee C on Economy and Finance is currently correcting the final redaction of the budget before sending it to the president of the Republic for promulgation.

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