DILI, 8 november 2021 (TATROLI) – The actual execution rate of the 2021 General State Budget (GSB) reached US$1.062 billion or 52 percent of the total budget of USD$ 2.1 billion, following the Government’s Ministry of Finance annual report budget.
According to the report ,The actual execution rate for the Good Governance and Institutional Management Program, which aims to support the State machine, was 72 percent, with US$331.6 of the US$458.6 million already executed.
The actual execution rate for the category of Essential Programs of the entities was 47 percent, that is, US$731.2 million of the allocated US$ 1.5 billion was already executed.
This rate of execution is based on the data of the second month of the fourth quarter.
The highest execution rate in each expenditure category corresponds to the Public Transfers category, with 82 percent, followed by Salaries and Wages, with 72 percent, Goods and Services, with 41 percent, and Minor Capital, also with 19 percent. The Capital Development category, on the other hand, an important category for creating jobs and generating employment in the country, has an execution rate of only 12 percent and the contingency expenses are two percent.
Execution of COVID-19 Special Fund
The COVID-19 Special Fund, created last year to respond to the pandemic, as of Monday, November 8, 2021, had reached an actual execution of US$117.7, or 41 percent of the total allocated budget of US$287.6.
Revenue’s Execution
The execution on the revenue side, until Monday, November 8, 2021, reached US$126.9 million, or 68 percent of the total estimated revenue of USD$187.1 million.
Execution at the Municipal Level
The execution rate of the General State Budget 2021 at the municipal level is showing good results. By Monday, November 8, 2021, in four municipalities, the execution is very good, namely in the municipalities of Lautém (71%), Manufahi (64), and Ainaro and Covalima (63%). This good execution rate helps the policies of the 8thConstitutional Government, led by the Ministry of State Administration.
Journalist: Filomeno Martins
Editor: Nelia Borges Rosario
