Bill 122.

Summary.

The bill proposes to approve the General State Budget for fiscal year 2025. Its opening articles organize, in balboas, current and capital revenue and expenditure for the nonfinancial public sector, the financial public sector and other public entities. They distinguish operating expenditure, current transfers, subsidies, contributions to the Treasury and debt interest. Capital expenditure is divided into investments, other capital expenditure, capital transfers and debt amortization. The bill also sets sectoral allocations for social services, environmental and technological development, infrastructure, production, financial services, general services and expenditure that is not otherwise classified.

The bill presents revenue, expenditure and financing balances for the nonfinancial public sector and the Central Government (Gobierno Central). The Central Government revenue budget includes tax and nontax revenue, contributions to the Treasury, proceeds from public assets, domestic and external credit, and capital transfers. Identified sources include taxes on income, property, transfers of goods and services, and selective consumption; dividends from state enterprises; fees, rights and concessions; and bonds and loans. Budget tables allocate the Central Government’s current and capital expenditure by institution and expenditure category.

The bill then assigns operating and investment budgets to the National Assembly (Asamblea Nacional), the Office of the Comptroller General of the Republic (Contraloría General de la República) and Executive Branch (Órgano Ejecutivo) agencies. For the Ministry of Education (Ministerio de Educación), it provides for basic and secondary education, adult education, school nutrition, school maintenance and construction, equipment, and educational technology. For the Ministry of Agricultural Development (Ministerio de Desarrollo Agropecuario), it provides for agricultural and livestock technical assistance, agricultural health and rural development. The Ministry of Health (Ministerio de Salud) receives allocations for public health, care delivery, hospital administration and environmental health. Programs for trade and industry, public works, foreign affairs, labor, housing, fiscal administration, government, public security and community development also appear.

The provisions allocate resources for environmental management, protected areas, watersheds, historical heritage, cultural outreach and opportunities for women. They also establish budgets for the administration of justice and its digital transformation, the Public Ministry, the Electoral Tribunal, tax adjudication, the public service, accounts adjudication, financial investigations and the protection of human rights. Where an institution has both types of appropriation, the tables distinguish operating expenditure from investment and identify the programs within each institutional budget.

The bill authorizes Central Government operating transfers to individuals, the private sector, other public entities and the external sector. Destinations include scholarships, pensions, retirement benefits, education, health, social security, agricultural development and social programs. It identifies transfers to the Social Security Fund (Caja de Seguro Social) and to educational, health, financial and public service institutions. A separate table approves capital transfers connected with education, public works, agricultural development, health, labor, financial administration, government and social development. These appropriations are presented by recipient institution and amount.

For the Educational Insurance Fund, the bill allocates resources associated with Cabinet Decree 168 of July 27, 1971 and the laws cited in the relevant article. It distributes them among agricultural education, tuition exemptions, teacher and union training, scholarships, educational credit, state media, vocational training and cooperatives. The bill then begins the budget for decentralized institutions with a table of current and capital revenue and expenditure. In the articles described here, it approves budget allocations for the stated fiscal year and cites those instruments as the legal background to Educational Insurance.

Public entities connected with the proposed allocations include the Ministry of Economy and Finance (Ministerio de Economía y Finanzas), the Ministry of Education, the Ministry of Health, the Ministry of Agricultural Development, the Social Security Fund, the National Assembly and the Office of the Comptroller General of the Republic. The proposed appropriations and transfers could concern educational and health institutions, workers and pensioners, agricultural producers, government suppliers, financial intermediaries and organizations receiving public transfers.