The Assembly will have two working days to discuss the budget

After four sessions, this Wednesday, The Parliamentary Budget Committee approved the general state budget for 2024with a vote for the financial and regulatory block of the bill.

Only three deputies, Panamanian Itzy Atencio and Yesenia Rodríguezfollowing the line dictated by the leadership of his party, and independent Juan Diego Vásquezthey voted against the project.

He The plenary session of the Assembly has been convened for this Thursday, December 28 at 11:00 a.m. for discussion in the second hearing of the 1041 project.

The Extraordinary sessions convened by the Executive Body last until December 31so the parliamentary committee must necessarily facilitate a meeting on Friday the 29th, as it could also convene a weekend if necessary.

Budget approved by representatives it was reduced by 2 billion dollars compared to the one initially presented by the Government at the end of July.

However, in labor and work were reduced by 500 million dollarswhile on the side investments were 1,500 million dollars.

Héctor Alexander, Minister of Economyreported that the budget increase for 2024 compared to this year will be 6.2%.

The public debt and the growth of the education sector affected this increase if related to the current fiscal period.

On its part, Deputy Minister of Economy, Carlos Gonzálezhe revealed that investments in the amount of 10,291 million dollars are planned, of which 8,364 million are non-financial.

IN physical investments 6,521.3 million dollars were allocated and invested social investments 1.842 million dollars.

He The central government will have a budget of 10.224 million dollars of which almost 35% corresponds to the Ministry of Education, and 19% to the Ministry of Health.

Source: Panama America

Jason

Jason

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people's lives. I also write about current trends in economics, business strategies and investments.

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