DILI, 17 july 2024 (TATOLI) – The Council of Ministers decided to approve the total amount of expenditure associated with each budget heading for the 2025 General State Budget (2025 GSB), with the overall amount expected to be US$ 1.8 billion.
The US$ 1.8 billion includes the budgets of the Central Administration, Social Security, and the Special Administrative Region of Oe-Cússe Ambeno (RAEOA – acronym in Portuguese).
The distribution of the aggregate budget ceiling for the Central Administration in the 2025 GSB is based on the sectors defined by the Government Program and the National Strategic Development Plan. The Social Capital Sector receives an allocation of 38%, followed by the Institutional Framework Sector with 36%, Infrastructure Development with 16%, and Economic Development with 10%.
The disaggregated ceilings will be distributed to public entities next tuesday, july 23rd, 2024, and they will have 11 days to prepare their budget proposals. The Budget Review Committee will analyze these proposals from August 12th to 27th, 2024. The 2025 GSB Law Proposal is expected to be submitted to the National Parliament by October 1st, 2024.
Journalist: Camilio de Sousa
Editor: Filomeno Martins
