The settlement bill for this fiscal year will be examined by the Finance and Budget Committee this Monday.
Revenues of the order of more than 2,340 billion for forecasts of 2,520.6 billion F, i.e. an achievement rate of 92.85%. For expenditures amounting during the same financial year to more than 2,332 billion, i.e. a budget consumption rate of around 92.54%. Which reveals a surplus budget balance of more than 7 billion F. These are the overall figures of the State settlement bill for the 2010 financial year. This document which is to the State what ??is an administrative account to a company or a
decentralized territorial collectivity, was developed in application of the provisions of Law No. 2007/006 of December 26, 2007 on the financial regime of the State. A 2010 budget which, as indicated in the explanatory memorandum which accompanies the settlement bill, was executed « in an international environment marked by the return to growth of the world economy, after the slowdown following the 2008 crisis. »
For the first time, and as now required by the State’s financial regime, the document which will be examined by the deputies this morning, includes numerous annexes, including the? status of implementation of the investment budget by administration and by region, the situation of special allocation accounts. We also find the situation of the bond loan of 200 billion F issued by the State during the 2010 financial year, in particular the distribution grid of this money in the different projects for which it was issued. .
A 2010 budget in which the State?s own revenues amount to nearly 1949 billion F, which represents 80.60% of total revenues. While on the expenditure side, those made for investments for an amount of 527.113 billion, were 88.3%, compared to approximately 1395 billion for operations and 376 billion allocated to servicing the public debt, which represents an execution rate of more than 92%.
It should be remembered that the budget for the 2010 financial year was set at the sum of 2,570 billion F. However, an order from the President of the Republic dated September 15, 2010 had reduced the final allocation to 2,520 billion. F. A decrease of 49.400 billion F.
The settlement bill for this fiscal year will be examined by the Finance and Budget Committee this Monday. Revenues of the order of more than 2,340 billion for forecasts of 2,520.6 billion F, i.e. completion rate of 92.85%. For expenditures amounting during the same financial year to more than 2,332 billion, i.e. a budget consumption rate of around 92.54%. Which reveals a surplus budget balance of more than 7 billion F. These are the overall figures of the State settlement bill for the 2010 financial year. This document which is to the State what ??is an administrative account for a company or a decentralized local authority, was developed in application of the provisions of Law No. 2007/006 of December 26, 2007 on the financial regime of the State. A 2010 budget which, as indicated in the explanatory memorandum which accompanies the settlement bill, was executed « in an international environment marked by the return to growth of the world economy, after the slowdown following the 2008 crisis. »For the first time, and as now required by the State financial regime, the document which will be examined by the deputies this morning, includes numerous annexes, including the? status of implementation of the investment budget by administration and by region, the situation of special allocation accounts. We also find the situation of the bond loan of 200 billion F issued by the State during the 2010 financial year, in particular the distribution grid of this money in the different projects for which it was issued. .A 2010 budget in which the State’s own revenues amount to nearly 1,949 billion F, which represents 80.60% of total revenues. While on the expenditure side, those made for investments for an amount of 527.113 billion, were 88.3%, compared to approximately 1395 billion for operations and 376 billion allocated to servicing the public debt, which represents an execution rate of more than 92%. It should be remembered that the budget for the 2010 financial year was set at the sum of 2,570 billion F. However, an order from the President of the Republic dated 15 September 2010 had reduced the final allocation to 2,520 billion F. That is to say a reduction of 49.400 billion F.
