📋 Tender Overview
The groups of presentations that make up the Permanent Commission of Finance Economy and Planning have maintained this Tuesday the work of presentations to familiarize themselves with the package of the General State Budgets pending the opinion of the Chamber of Deputies for the Second Reading in the Senate.The General State Budgets are a fundamental instrument for financing strategic investments in infrastructure social programs and economic productivity as well as consolidating projects to strengthen and modernize tax management and reduce tax exemptions.To this end the Government implements measures to increase the collection of non-oil revenues control the levels of expenditure execution and the quality of public investment so that there is a balance between public income and expenditure.rization work on the package of the General State Budgets classified in the 2023 Budgets the 2022 liquidation project that includes the report on its execution as of June 30 and the budget forecasts of autonomous bodies and public companies owned by the State.The first presentation took place in the chamber under the moderation of Senator Atanasio Ela Ntugu Nsa with the aim of debating the budgets also mitigating the effects of the pandemic on the economic sectors and the vulnerable population as well as the control of increases of prices of basic necessities that the war in Ukraine and sanctions against Russia have generated. It should be noted that the General State Budgets for 2023 valued at 1.2 billion CFA francs comply with the policy of containment and rationalization of public spending and are in line with the Governments commitments in social policies the fight against the pandemic and the reconstruction of the Bata disaster area. In the second presentation moderated by the Second Secretary of the Table of the Upper House Crispn Jaime Sangale Rondo the Report as of June 30 2022 of the General Budgets corresponding to this year and the Bill of Liquidation of the General State Budgets 2021 which details the situation of the world and subregional economy since the appearance of COVID-19 the recovery of the economy after its debacle caused by the pandemic and the 7M catastrophe that occurred in the city of Bata among other incidents that occurred during the past financial year 2021 as indicated in the economic and financial report of this bill.Finally in the third presentation a preliminary analysis was carried out on the Draft Law on Budgets for Public Investments and Autonomous Bodies part of the General State Budgets which indicates the increase in public investment to 290000 million francs. cefa for 2023 compared to the budget for the current year which represents an increase of 30000 million with 12 of the budget distributed in four sectors public administration infrastructure productive and social with their respective budget items.
