2024-07-04 04:44:36
He Ministry of Finance reported this Tuesday, June 18, 2024, that the National government increased allocations to the Decentralized Autonomous Governments (GAD) for the application of the quarterly recalculation of the Territorial Equity Model (MET).
With this, the GADs will receive more budget. Their annual allocation increases to a total of USD 2,942 million, which means USD 86 million additional as established in the first quarter of the year.
Las prefectures, municipalities and parish councils They are benefiting from the increase in tax collections from the central government and will be able to carry out more works and improve their services in favor of citizenship.
He Organic Code of Planning and Public Finance establishes that the Ministry of Economy and Finance must review, every four months, the budget allocations to GADsconsidering the effective income of General State Budget (PGE).
The MET is a legal pre-allocation in favor of the GAD that is calculated considering 21% of the permanent income and 10% of the non-permanent income of the PGE.