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The Constitutional Court declared There is a place A protection call forced the Treasury to transfer £62.13 billion not included in the 2024 budget to the Social Development and Family Allowances Fund (Fodesaf).
The Chamber granted one month to comply with the regulations; however, it allowed the Ministry of Finance an additional month to complete the identification of the sources of resources that will be used to increase the Fodesaf budget.
In this regard, the nationtitled “Room IV gives Acosta an extension to complete Fodesaf budget”, indicating that “40% of the funds have been included in the ongoing fifth interim budget. The remaining 37.035 billion euros must be included in the new budget revision.”
After reviewing the budget changes contained in Act No. 24443 (Fifth Special Budget and Fourth Legislative Modification), it does not seem clear whether the House order was actually partially addressed.
First, the project was proposed on July 15, so it should have been in the works at least since June. The Ministry of Finance was informed of the court’s decision on August 1.
Secondly, a movement in favor of Fodesaf, 11.536 billion pounds, concerns the reclassification of the 5% levy on the payroll, certified annually by the Comptroller General of the Republic (CGR) and not linked to the order of the Chamber of Commerce, which is related to the VAT levied exclusively.
Thirdly, two other changes included in the special budget being processed correspond to the refund and interest on the 2023 surplus (£22.853 billion), specifically registered by the Costa Rican Social Security Fund and therefore cannot be part of the budgetary appropriations for fiscal year 2024 approved by the Legislative Assembly last November.
Deputies must carefully analyze these developments to ensure compliance with the Constitutional Court’s orders.
The author is an economist.
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