Executive Decree PCM-28-2024 by which the General Budget of Revenue and Expenditure of the Republic, Fiscal Year 2025 is approved
Poder Ejecutivo
- Decree: PCM-28-2024
- Published: September 10, 2024
- Issuing body: Poder Ejecutivo
- Gazette: 36,636
- Category: Financial & Tax
Summary
This decree approves Honduras' government budget for 2025 totaling 430,907 million lempiras, distributed among 113 public institutions. It authorizes the Finance Ministry to present this budget to Congress for final discussion and approval, aligned with the five priority axes of the Plan to Refound Honduras.
Considerations
Whereas the Constitution of the Republic establishes that the President has charge of the General Administration of the State, and among her powers are to direct the general policy of the State and represent it; to issue Agreements, Decrees, to issue Regulations and Resolutions in accordance with the Law; to administer the Public Treasury; and to direct the economic and financial policy of the State (Article 245, numerals 2, 11, and 19).
Whereas in accordance with Article 367 of the Constitution of the Republic, the Budget Project shall be presented by the Executive Branch to the National Congress within the first fifteen (15) days of the month of September of each year.
Whereas the General Law of Public Administration provides that the President of the Republic has charge of the supreme direction and coordination of the Centralized and Decentralized Public Administration. The President of the Republic in the exercise of her functions may act by herself or in Council of Ministers (Article 11).
Whereas according to what is established in the General Law of Public Administration, it is an attribution of the Council of State Secretaries to formulate and approve, in accordance with development plans, the General Budget Project for Income and Expenditures of the Republic, which the Executive Branch must submit annually to the National Congress (Article 22, numeral 4).
Whereas the Government of the Republic continues to establish the foundations for an economic policy of safeguarding public finances, financial transparency and integrity, and this is materialized in the presentation of the General Budget Project for Income and Expenditures of the Republic and its General Provisions for the Fiscal Year 2025.
Whereas 113 public institutions formulated their budgets on the platform of the Integrated Financial Administration System (SIAFI), of which 79 correspond to the Central Administration and 34 to the Decentralized Administration, said institutions distributed their budgets in the following expense groups: Personal Services, Non-Personal Services, Materials and Supplies, Capitalizable Assets, Transfers, Financial Assets, Debt Service, and Other Expenses.
Whereas the General Budget for Income and Expenditures of the Republic is financed 87.7% from internal sources that correspond to resources coming from the national treasury, own resources, credit and internal donations, and 12.3% coming from external sources included therein, loans and donations from friendly governments and international organizations. Internal sources are concentrated in revenue from taxes: Sales Tax and Income Tax, collected through the private financial system and transferred to the Single Account of the General Treasury of the Republic (TGR); as well as those self-generated resources (Own Resources) by some public institutions of the Decentralized Administration.
Whereas in accordance with what is established in the Organic Law of the Budget, the State Secretariat in charge of the Office of Finance shall present to the President of the Republic for her approval the Medium-Term Financial Policy and the Annual Budget Policy and shall direct its execution once approved (Article 5, numeral 2).
Whereas the Government Plan to Refound Honduras of the Constitutional President Iris Xiomara Castro Sarmiento contemplates 5 priorities: 1) Participation and Democracy, 2) Social Development, 3) Economic Development, 4) Environmental Development, and 5) Legal Security and 3 cross-cutting axes: 1) Defense of Human Rights, 2) Gender, and 3) Territorial Development.
Articles
Approve the General Budget of Income and Expenses of the Republic and its General Provisions, Fiscal Year 2025, presented by the Secretariat of State in the Office of Finance (SEFIN), which is formulated considering what is established in the Medium-Term Macro Fiscal Framework (MMFMP) 2025-2028, the Fiscal Responsibility Law (LRF) and the budgetary ceilings considered in the Medium-Term Macro Fiscal Framework (MMFMP), which amounts to a sum of FOUR HUNDRED THIRTY THOUSAND NINE HUNDRED SEVEN MILLION EIGHT HUNDRED TWENTY-ONE THOUSAND TWO HUNDRED EIGHTY-SIX LEMPIRAS EXACT (L430,907,821,286.00), itemized as follows:
- a)
Approve as an estimate of Income and Expenses of the Central Administration for Fiscal Year 2025, the sum of TWO HUNDRED SIXTY-SIX THOUSAND SIX HUNDRED SIXTY-SEVEN MILLION FIVE HUNDRED SEVENTY-FOUR THOUSAND TWO HUNDRED TWENTY-SEVEN LEMPIRAS EXACT (L266,667,574,227.00), and;
- b)
Approve as an estimate of Income and Expenses of the Decentralized Administration for Fiscal Year 2025, the sum of ONE HUNDRED SIXTY-FOUR THOUSAND TWO HUNDRED FORTY MILLION TWO HUNDRED FORTY-SEVEN THOUSAND FIFTY-NINE LEMPIRAS EXACT (L164,240,247,059.00).
The Secretariat of State in the Office of Finance (SEFIN) is authorized and instructed to present the Project of the General Budget of Income and Expenses of the Republic and its General Provisions, Fiscal Year 2025, before the Sovereign National Congress, for the corresponding discussion and approval.
This Executive Decree is immediately enforceable and must be published in the Official Gazette "La Gaceta".
Given at the Presidential House, in the city of Tegucigalpa, municipality of the Central District, on the ninth (09) day of the month of September of the year two thousand twenty-four (2024). COMMUNICATE AND PUBLISH. IRIS XIOMARA CASTRO SARMIENTO PRESIDENT OF THE REPUBLIC LESLY SARAHÍ CERNA SECRETARY OF STATE IN THE OFFICE OF THE PRESIDENCY JOSÉ CARLOS CARDONA ERAZO SECRETARY OF STATE IN THE OFFICE OF SOCIAL DEVELOPMENT MARLON DAVID OCHOA MARTÍNEZ SECRETARY OF STATE IN THE OFFICE OF FINANCE HEIDY WALESKA BARAHONA ALACHÁN SECRETARY OF STATE IN THE OFFICES OF GOVERNANCE, JUSTICE AND DECENTRALIZATION, BY LAW EDUARDO ENRIQUE REINA GARCÍA SECRETARY OF STATE IN THE OFFICES OF FOREIGN AFFAIRS AND INTERNATIONAL COOPERATION SERGIO VLADIMIR COELLO DÍAZ SECRETARY OF STATE IN THE OFFICE OF TRANSPARENCY AND FIGHT AGAINST CORRUPTION RICARDO ARTURO SALGADO SECRETARY OF STATE IN THE OFFICE OF STRATEGIC PLANNING
FREDIS ALONSO CERRATO VALLADARES SECRETARY OF STATE IN THE OFFICE OF ECONOMIC DEVELOPMENT DORIS YOLANY GARCÍA PAREDES SECRETARY OF STATE IN THE OFFICE OF WOMEN'S AFFAIRS HECTOR GUSTAVO SÁNCHEZ VELÁSQUEZ SECRETARY OF STATE IN THE OFFICE OF SECURITY RIXI RAMONA MONCADA GODOY SECRETARY OF STATE IN THE OFFICE OF NATIONAL DEFENSE CARLA MARINA PAREDES REYES SECRETARY OF STATE IN THE OFFICE OF HEALTH LUCKY HALACH MEDINA ESTRADA SECRETARY OF STATE IN THE OFFICES OF NATURAL RESOURCES AND ENVIRONMENT JAIME ATILIO RODRÍGUEZ PEÑALBA SECRETARY OF STATE IN THE OFFICE OF EDUCATION, BY LAW HECTOR LONGINO BECERRA LANZA SECRETARY OF STATE IN THE OFFICE OF HUMAN RIGHTS, BY LAW JOSÉ ÁNGEL ACOSTA ZAVALA SECRETARY OF STATE IN THE OFFICES OF AGRICULTURE AND LIVESTOCK, BY LAW ERICK MEDARDO TEJADA CARBAJAL SECRETARY OF STATE IN THE OFFICE OF ENERGY
MARCO ANTONIO VELÁSQUEZ HERNÁNDEZ SECRETARY OF STATE IN THE OFFICES OF INFRASTRUCTURE AND TRANSPORT, BY LAW WILMER JAVIER FERNÁNDEZ ALACHÁN SECRETARY OF STATE IN THE OFFICES OF LABOR AND SOCIAL SECURITY YADIRA ESTHER GÓMEZ CHAVARRÍA SECRETARY OF STATE IN THE OFFICE OF TOURISM GLORIA ANNARELLA VÉLEZ OSEJO SECRETARY OF STATE IN THE OFFICES OF CULTURES, ARTS AND HERITAGE OF THE PEOPLES OF HONDURAS WARREN OCHOA ORELLANA SECRETARY OF STATE IN THE OFFICES OF COMMUNITY DEVELOPMENT, WATER AND SANITATION JOSÉ BENEDICTO SANTOS CASTRO SECRETARY OF STATE IN THE OFFICES OF RISK MANAGEMENT AND NATIONAL CONTINGENCIES (COPECO), BY LAW FABIOLA CLAUDETT ABUDOJ MENA SECRETARY OF STATE FOR THE DEVELOPMENT AND FOLLOW-UP OF PROJECTS AND AGREEMENTS LIZETH ARMANDINA COELLO GÓMEZ SECRETARY OF STATE IN THE OFFICES OF CHILDHOOD, ADOLESCENCE AND FAMILY
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