III.2 - Budget Modifications
During the first quarter 2001, authorized adjustments to the budget appropriations of the Federal Administration amounted to 111.8 million pesos, resulting in a ruling appropriation of 51,981.6 million pesos at 31 March 2001.
The increase in current and capital expenditure was mainly due to the budget measures mentioned below:
- An increase of 77.7 million pesos due to a change in the amounts to be transferred to the provinces in compliance with the Federal Commitment, which differs in composition regarding the calculation made in the Budget 2001. The measure dated 26/02/2001 is funded mainly with earmarked resources and a variation of the composition by tax regime of the Federal Commitment surplus. The transfers are shown in the chart below.
Increase in Transfers to the Provinces
- In Million Pesos-
|
I T E M |
Total |
Source Of Funding |
||
|
Treasury
|
Own Resources |
Earmarked Resources |
||
|
Road Development |
41,3 |
41,3 |
||
|
Utilities |
13,3 |
13,3 |
||
|
FO.NA.VI |
12,0 |
12,0 |
||
|
Provincial Social Security Agencies |
9,4 |
9,4 |
||
|
Basic Infrastructure & Social Assistance in Patagonia |
1,3 |
1,3 |
||
|
Education Development |
0,4 |
0,4 |
||
|
Total |
77,7 |
12,4 |
9,4 |
55,9 |
- A net increase of 24.8 million pesos, measure dated 16/02/2001, mainly allocated to the program "Formulación y Ejecución de la Política Energética" in order to comply with Federal Commitment transfers to the provinces for year 2000, arising from the shortfall in the appropriation of the fourth quarter of same year. Own resources were added to the National Securities Commission worth 2.4 million pesos. It should be noted that, although the measure implied various compensations among jurisdictions, the net increase was funded with earmarked resources and own resources.
- An increase of 7.3 million pesos to SENASA for the prevention of "foot and mouth". This measure, dated 23/02/2001 was funded with the agency’s own resources.
