Categories: Economy

Entities resort to transfers to make the tenth payment

Government bodies review their available funds to comply with payment of the thirteenth month officials in accordance with the ruling of the Supreme Court of Justice (CSJ) which ordered it to be equal to that earned in the private sector.

The Deputy Minister of Economy, Carlos González, reported that since the amount of debt is significant, it cannot be managed with an extraordinary loan, but rather they focus on the figure of game streams.

The CSJ declared unconstitutional the tenth amount of the salary of public servants, which it is set at a base of $550therefore, they have to earn the same as in the private sector, which is the entire salary.

He The government has already paid this year’s first seriesbut he paid only what was traditionally paid, ensuring that the rest of the payment would be made later.

Apparently, it will not be something that will be done jointly and will depend on the finances of each public institution, as it happens with payment of seniority premiums.

González appeared in the Budget Committee of the National Assembly this Wednesday to support the transfer and be able to satisfy officials of the Ministry of Economy and Finance (MEF), which amounts to 990 thousand 877 dollars.

The deputy minister explained that each of the entities was instructed to, within the framework of their budgets They would look for spaces that would allow them to honor that obligation.

“What we are promoting is that the entities do this exercise within the funds allocated locate that possibility,” he said.

He added that until now more than 30 public entities have completed these transfers and advise and supervise other institutions so that they can carry out the same exercise.

The clerk discovered it some entities have informed them that they will have problems because they do not find space to create these savings, so the possibility of inter-institutional transfer or continuation of monitoring state collections is being evaluated.

“To see if it can be seen some additional source or excess income it allows us to dedicate ourselves, partially or completely, to those who are in that condition,” González said.

Of the average 59 million dollars paid by the state for the thirteenth month, in compliance with the Court’s ruling, this compensation rises to more than 280 million dollars per item, which represents more than 800 million dollars a year.

Source: Panama America

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