2019News

Another year goes by with no report from the Treasury

Photo: Diario Libre

A story in Diario Libre points out that the Medina administration is becoming routinely delinquent in reporting on remnants of the budget in the new budget. According to a report from the Chamber of Accounts, this happened in 2017, with RD$16 billion not executed in 2016, and in 2018 with regards to RD$25 billion not used in 2017. As reported, the lack of reporting is in violation of the constitutional requirement for the government to provide an annual report on the state of government financing in the budget. Budget expert Jose Rijo Presbot said that the most serious shortcoming is that the statement on government revenues (Estado de Recaudación) has routinely been discontinued when the Constitution establishes it needs to be presented and approved by Congress.

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Diario Libre

13 May 2019