Speeding up budget approvals

[NewsWhore]

Presidency Technical Minister Temistocles Montas is proposing a measure aimed at speeding up the country's annual budget approval process. Montas is proposing that the Executive Branch submit the yearly budget proposal by 1 October at the latest each year, giving legislators 75 days or until 15 December to approve the project. United Nations Development Program national representative Miguel Ceara Hatton says that this is a good move because it would prevent the situation where the country enters the year without an approved budget, which in the past has allowed the government to use the previous year's budget and surplus funds at its discretion.

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