VI.2 – Past Due and Due Expenditure at 31 March 2001 of the Central Administration
The chart below shows the stock of accounts payable of the Central Administration for current, capital and financial allocation expenditure, classified by purpose of expenditure.
SOLVENT DEBT OF THE CENTRAL ADMINISTRATION
In Million Pesos
|
I T E M |
December 2000 |
March 2001 |
Difference |
|
Mar2001-Dec 2000 |
|||
|
PERSONNEL EXPENDITURE |
524,0 |
315,4 |
(208,6) |
|
CONSUMER GOODS |
62,3 |
34,4 |
(27,9) |
|
NON PERSONAL SERVICES |
101,9 |
48,8 |
(53,1) |
|
FIXED ASSETS |
35,5 |
6,3 |
(29,2) |
|
TRANSFERS |
721,6 |
488,3 |
(233,3) |
|
FINANCIAL ASSETS |
20,0 |
4,7 |
(15,3) |
|
NOMINAL EXPENDITURE |
452,5 |
114,8 |
(337,7) |
|
105,7 |
- |
(105,7) |
|
346,8 |
114,8 |
(232,0) |
|
TOTAL |
1.917,8 |
1.012,7 |
(905,1) |
|
Information |
|||
|
DEBT SERVICES |
27,7 |
382,8 |
355,1 |
Date of information input for March 2001: 30/03/01.
Note: Data for March 2000 not included because this information has only been published as of December 2000.
The stock of outstanding accounts of the Central Administration decreased by 905.1 million pesos at March 2001 compared with December 2000. This excludes services of the public debt. The latter is the only item in the classification which recorded an increase in the quarterly analysis.
The items recording the largest decreases were: Nominal Expenditure (-37.7 million pesos), Transfers (-233.3 million pesos) and Personnel Expenditure (-208.6 million pesos). The reduction in Nominal Expenditure is mainly due to the outlays carried out during the first quarter 2001 to the Federal Administration of Public Revenue (AFIP) and the Roads Directorate. A reduction of solvent debt in Transfers was due to the outlays of obligations with provinces arising from the Federal Commitment, debt in favour of the provincial states and the complementary annual bonus to the Universities. Likewise, a reduction in personnel expenditure is due to the fact that in December it increases because at the closing of the fiscal budget there is substantial input from orders of payment, as well as the accrual of the complementary annual bonus which has an impact on outstanding orders of payment.
Item Debt Services showed an increase of 355.1 million pesos. It should be noted that in December orders of payment maturing in January 2001 were not included since at said date budget allocations are not available for outlays in year 2001.
The solvent debt at March 2001 for public debt services (382.8 million pesos) includes orders of payment maturing in April, mainly in order to cover outlays to international agencies and amortization of bonds.
