22 December 2015
2016 General State Budget fully approved by East Timor National Parliament
Total amount of the budget including loans is US $1,562.223 billion, made up of:
Wages and salaries: $181.874 million
Goods and Services [including the Human Capital Development Fund]:$449.015 million
Public transfers: $476.030 million
Minor Capital: $18.844 million
Capital Development [including the Infrastructure Fund]: $436.470 million
The budget law now proceeds to the President of the Republic for promulgation.
Reflecting on the budget process after the plenary, the Prime Minister Dr. Rui Araújo expressed his sincere appreciation for the contribution of the Parliament, particularly each parliamentary group and individual members of parliament.
He noted “The constructive engagement in the debates, including during the work of the Special Committee and through until the final vote, with all the contributions presented in a frank and clear manner, have enriched the debate and, as a result, produced a budget with high quality and relevance towards responding to the needs of our people and nation.”
He went on to say “this debate about our national budget for 2016 has highlighted the commitment of the Government and Parliament in ensuring that our nation moves forward, not in different directions and in separate parts, but as one. I, as Prime Minister and the Government as a whole, congratulate the Parliament and reiterate our total commitment to work in cooperation with the Parliament to ensure the execution of this budget meets the expectations of every institution of our country and particularly of our people.”
See also on ETLJB
East Timor 2016 General State Budget presented in National Parliament
Proposed 2016 Budget delivered to members of East Timor's National Parliament
East Timor Government proposes 2016 to Parliament 2 weeks later than legally required, says La'o Hamutuk