Executive presents draft of the general state budget for 2021 in the National Assembly
The Minister of Economy and Finance, Héctor Alexander, presented this Thursday, July 30, to the National Assembly the draft of the general state budget for 2021, for an amount of 24.1 billion dollars.
This 2021 budget is being adversely affected by Covid-19, said the minister, who made the presentation virtually before the deputies present in plenary.
The minister said that the expected current income for 2021 represents what was obtained six years ago.
However, we have not regressed six years ago in operating expenses, he said.
This budget would have an increase of 3.3% compared to the year 2020, which was $23.3 billion.
The proposal distributes the state budget as follows: 42% of spending for social development, 17% for debt service, 15% for the financial sector, 7% for infrastructure, and 4% for promoting production.
The minister said that the expected current income for 2021 represents what was obtained six years ago.
However, we have not regressed six years ago in operating expenses, he said.
This budget would have an increase of 3.3% compared to the year 2020, which was $23.3 billion.
The proposal distributes the state budget as follows: 42% of spending for social development, 17% for debt service, 15% for the financial sector, 7% for infrastructure, and 4% for promoting production.