I.2. Analysis Of Execution of the Federal Public Administration and the Federal Public Sector
I.2.1 – Accrual Basis of the Federal Public Administration
The cumulative execution of resources and expenditure of the Federal Administration Budget during 2000 and 2001 is shown in the chart below. The percentages of the resources appropriated are compared to the estimated annual resources and the accrued expenditure in relation to the appropriations of the respective years.
FEDERAL PUBLIC ADMINISTRATION
Comparative Execution In Percentages
|
ITEM |
Cum. I Quart. 2000 |
Cum. I Quart. 2001 |
|
TOTAL RESOURCES |
23,0 |
22,0 |
|
- Current |
22,3 |
22,2 |
|
- Capital |
7,8 |
4,3 |
|
TOTAL EXPENDITURE |
24,0 |
23,5 |
|
- Current |
24,3 |
23,8 |
|
- Capital |
19,9 |
20,4 |
A breakdown of current resources into its mayor components shows that tax revenue on a national scale totaled 5,939.1 million pesos, mainly as a result of proceeds from V.A.T., Income Tax, Fuels and Import Duties, which accounted for 51.5% of total revenue of the Federal Public Administration. In addition, Social Security Contributions totaled 2,723.4 million pesos, i.e., 27.6% of total revenue.
Capital resources, of lesser relative importance, totaled 25.6 million pesos, which accounted for 4.3% of the estimated collection for the current fiscal year.
FEDERAL PUBLIC ADMINISTRATION
In Million Pesos
|
Cumulative |
Percentage |
Structural |
|
|
I T E M |
I Q 2001 |
Recorded |
Percentage |
|
CURRENT RESOURCES |
9.859,2 |
22,2 |
99,7 |
|
Taxes |
5.939,1 |
20,5 |
60,1 |
|
- Value Added |
2.383,9 |
21,8 |
24,1 |
|
- Income |
1.512,4 |
21,1 |
15,3 |
|
- Fuels |
754,3 |
20,6 |
7,6 |
|
- Import Duties |
444,1 |
21,3 |
4,5 |
|
- Other Taxes |
844,4 |
16,5 |
8,5 |
|
Social Security Contributions |
2.723,4 |
26,0 |
27,6 |
|
Non Tax Income |
722,0 |
23,0 |
7,3 |
|
Other Current Income |
474,7 |
26,2 |
4,8 |
|
|
|||
|
CAPITAL RESOURCES |
25,6 |
4,3 |
0,3 |
|
TOTAL RESOURCES |
9.884,8 |
22,0 |
100,0 |
Current expenditure, which accounted for 11,509.1 million pesos, an average accrued execution in the period under analysis of 23.8% of the annual appropriation. Within current expenditure, Social Security Benefits, Interests and Compensation accounted for 71.0% of total expenditure of the Federal Public Administration.
Moreover, accrued capital expenditure totaled 724.0 million pesos, i.e. 20.4% of the total annual appropriation. Noteworthy were the transfers to provinces allocated to the funding of social advancement and assistance, housing, road development and education.
Following is a detail of the main expenditures:
FEDERAL PUBLIC ADMINISTRATION
In Million Pesos
|
Cumulative |
Percentage |
Structural |
|
|
I T E M |
I Q 2001 |
Accrued |
Percentage |
|
CURRENT EXPENDITURE |
11.509,1 |
23,8 |
94,2 |
|
Social Security Benefits |
4.050,9 |
23,5 |
33,1 |
|
Interests |
3.039,5 |
27,7 |
24,8 |
|
Compensation |
1.600,7 |
24,2 |
13,1 |
|
Transfers to Provinces and Municipalities |
573,1 |
18,7 |
4,7 |
|
INSSJyP |
550,6 |
23,2 |
4,5 |
|
Family Allowances |
481,1 |
27,5 |
3,9 |
|
Universities |
412,1 |
22,7 |
3,4 |
|
Goods and Services |
371,0 |
15,4 |
3,0 |
|
Other Current Expenditure |
429,9 |
19,6 |
3,5 |
|
CAPITAL EXPENDITURE |
724,0 |
20,4 |
5,9 |
|
Transfers to Provinces and Municipalities |
538,7 |
21,3 |
4,4 |
|
Other Capital Expenditure |
185,3 |
18,1 |
1,5 |
|
TOTAL EXPENDITURE |
12.233,1 |
23,5 |
100,0 |
Primary result corresponding to the accrued execution of the first quarter 2001 showed a surplus of 691.2 million pesos, while the total financial result of the Federal Public Administration showed a deficit of 2,348.4 million pesos, which accounted for 33.4% of the deficit forecast for the whole year.
FEDERAL PUBLIC ADMINISTRATION
In Million Pesos
|
I t e m |
Cumulative I Q 2001 |
Percentage Execution |
|
I- Total Resources |
9.884,8 |
22,0 |
|
II- Primary Expenditure (1) |
9.193,6 |
22,4 |
|
I-II- Primary Result |
691,2 |
17,5 |
|
III- Total Expenditure |
12.233,1 |
23,5 |
|
I-III- Total Result |
-2.348,3 |
33,4 |
(1) Excludes interests
