The budget for the next year becomes Law No. 418

The most controversial budget in the administration of Laurentino Cortiz It was approved and sanctioned just a few hours before the end of the year.

Financial planning that has been called into questionprecisely because he does not have a plan for the costs and investments that, in the opinion of his detractors, are necessary.

The government and its legislative apparatus, on the contrary, attributes its preparation in accordance with an acquired commitment to ensure robust budgets for sectors such as education and justice.

Except, Special laws are to blame for thisthose through which wage increases in the public sector are agreed, and debt payments, as expenditures that increase the general budget of the state every year.

Cortizo did not stay as happened with Mireya Moscoso in 2001who was left with the rejected budget and on this occasion corrected it by reducing 2 billion dollars, and the ruling party and those close to it approved it.

The Law 418 of December 29, 2023 establishes a budget of 30,690 million dollars, of which 1,703 million dollars will be allocated for subsidies, and 2,774 million dollars for the payment of interest on the debt.

The National Assembly will have $150 million and Decentralization Authority $182.3 million and up Ifarhu$545 million, institutions that adjusted their budgets to reduce them.

In case of Ministry of Health (Minsa) will receive $2.636 million, of which $330 million will be for the construction and improvement of health facilities, including new oncology hospitals and the Metetí Hospital in Darién.

This budget It will be managed by two state administrationssince the new government will have to take office in July.