Deputies assess reorient pandemic loans pending ratification to cover budget deficit 2021 | El Salvador News

The proposal is from the FMLN. ARENA says they will study it. The government paid $ 1,342.2 million to cover next year’s expenses that will not be covered by tax revenue.

A few days after the end of the plan for the April Assembly the 2021 budget, the FMLN proposes that the moons reorient the missing loans to be ratified and allocated for the pandemic to partially cover the $ 1,342.2 million deficit in next year’s spending.

“The government began closing accounts more than a week ago, the fiscal year is coming to an end and there are outstanding funds (of debt for the pandemic) of allocation that correspond and that can be aimed at correcting the deficiencies of revenue that has had the funding gap for the 2021 budget, is a time when the fiscal year is concluding and the approved amounts can be allocated to the 2021 budget, in such a way as to remedy the deficit, this goes through the whole analysis of the budget of all the variables ”, apathized the deputy of the FMLN, Yanci Urbina.

SEE: Budget 2021 overestimates revenue by $ 714.1 million

While the deputy head of the ARENA faction, Julio Fabián, maintains that the FMLN initiative will have to be analyzed this week in the Finance Committee.

“We have to analyze the budget well because in many cases something is budgeted, but at best it is already budgeted in a loan, these are the things that need to be analyzed, what I see prudent, the other is that in this branch we can reduce in budgets millions that go for the advertising, this I do not see it just ”, explained Fabián.

The FMLN also reported at a press conference that they have other proposed amendments to approve the budget, among them, Urbina talked about increasing by 5% the salary of public employees who earned less than $ 1,000 a month; increase the minimum retirement pension to equate it to the minimum wage, that is, go from $ 207 to $ 304 per month.

Reactivate the payment of the universal basic pension for people over 70 and extend it to other unprotected sectors. It follows the FMLN with this program that has been implemented by the party during its governments, beneficiary to more than 200, 000 people, is another proposal of the efemelenista party.

In addition, increase by $ 60 million the budget for the pension of veterans of the armed conflict to complete the $ 162 million needed by the Benefit Management Institute; and allocate an increase of not less than $ 20 million to the University of El Salvador.

SEE: Six points of why approving the 2021 budget is not feasible

On the other hand, I think that in order to reactivate social programs and include others, they have to cut spending on advertising. According to the FMLN, the government “wastes it on party propaganda.”

Nidia Diaz, head of fraction of the FMLN, said that only in consulting institutions of government institutions, the budget allocated to $ 57 million, which is inadmissible, explained. “They use it for dark and corporate contracts to improve their deteriorating image abroad,” said an official statement issued by the party.

They also seek to eliminate excessive spending on ad honorem plazas, private health insurance, the purchase of “luxury” vehicles, “sumptuous” expenses for civil servants and the costs of the State Intelligence Agency (OIE). that “it only serves to spy on the citizens, the press and the political opposition,” said Urbina.

Guillermo Gallegos, GANA MP, questioned that ARENA and the FMLN will approve the budget not as the Government proposed it, but will seek to reduce spending to benefit sectors that these parties are interested in, something GANA will not support, Gallegos said.

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