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Law Of The Budget Of The State For The Year 2006

Original Language Title: Ley del Presupuesto del Estado para el año 2006

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State Budget Law for the year 2006



Document: State Budget Law for the year 2006
Type of document: Law
Date of issue: 23/12/2005
Number of Legal Instrument: 100
Broadcaster: National Assembly of People's Power
Date of entry to the repository: 27/06/2016
Source:
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RICARDO ALARCON DE QUESADA , President of the National Assembly of the People's Power of the Republic of Cuba,

I DO KNOW That the National Assembly of the People's Power of the Republic of Cuba, at the session of December 23, 2005, corresponding to the Sixth Regular Session of the Sixth Legislature, has approved the following:

AS REGARDS : The Council of Ministers, in compliance with the provisions of Article 98 (e) of the Constitution of the Republic, and in Article 20 of Decree Law 192 of the Financial Administration of the State of 8 April 1999, have prepared and presented the Draft State Budget for the year 2006, to the consideration of the National Assembly of People's Power, as provided for in Article 75 (e) of the constitutional text.

AS REGARDS : The project presented, financially supports all the programs prioritized for the economic and social development of the country in 2006, reflecting the politics of our State and the will of our people, to perfect the work This is the only way to improve the quality of life of our people, in keeping with the sustained recovery of the Cuban economy.

BY TANT: The National Assembly of People's Power, in use of the powers conferred upon it in Article 75 (b) of the Constitution of the Republic, agrees to issue the following:

ACT NO. 100

THE LAW OF THE STATE BUDGET FOR THE YEAR 2006

ARTICLE 1 .- The State Budget for the fiscal year 2006, as set out in the following articles, applies from January 1, 2006 to December 31 of the year itself.

ARTICLE 2 .- The State Budget for the year 2006 is made up of the following revenue and expenditure:

MILLIONS OF PESOS

TOTAL REVENUE 31 599.3
Tributaries 25 004.7
Non-tributaries 6 894.6
Less: Returns 300.0
Of the total: Capital income 281.5
CURRENT REVENUE 31 317.8
TOTAL EXPENDITURE 33 329.3
CURRENT EXPENDITURE 25 702.6
For the Budget Activity 20 410.4
For Transfers to Business Activity 3 992.2
For Financial Operations 1 300.0
SURPLUS IN CURRENT OPERATIONS 5 615.2
CAPITAL EXPENDITURE 6 426.7
Less: Capital Revenue 281.5
DEFICIT IN CAPITAL OPERATIONS (6 145.2)
Provision for Disasters 500.0
Reserve 700.0
DEFICIT (1 730.0)

ARTICLE 3 .- The budget deficit cannot be increased. When very exceptional reasons justify an increase in the budget deficit approved, prior authorization from the State Council will be required; informing the National Assembly of the People's Power in its day for its approval.

ARTICLE 4 - The Central Budget for the year 2006 is made up of the following revenue and expenditure:

MILLIONS OF PESOS

TOTAL REVENUE 21 771.2
Tributaries 16 044.0
Non-tributaries 5 841.2
Less: Returns 114.0
Of the total: Capital income 281.5
CURRENT REVENUE 21 489.7
TOTAL EXPENDITURE 20 586.6
CURRENT EXPENDITURE 12 982.7
For the Budget Activity 7 791.5
For Transfers to Business Activity 3 891.2
For Financial Operations 1 300.0
SURPLUS IN CURRENT OPERATIONS 8 507.0
CAPITAL EXPENDITURE 6 426.7
Less: Capital Revenue 281.5
DEFICIT IN CAPITAL OPERATIONS (6 145, 2)
PROVISION FOR DISASTERS 500.0
RESERVE 677.2
SURPLUS CENTRAL BUDGET 1 184.6
Less: Transfers to the Social Security Budget 1 444.0
Transfers of levelling up to local budgets 60.3
Grants to Local Budgets 1 410.3
DEFICIT (1 730.0)

ARTICLE 5 .- From the Central Budget, financial resources are transferred to subsidize losses in state-owned enterprises subordinated to the State Central Administration agencies, which are notified of a specific management and destination by the State. Ministry of Finance and Prices and which will not be able to be modified, without the express approval of the Executive Committee of the Council of Ministers.

ARTICLE 6 .- The bodies and bodies shall take the measures to ensure that the undertakings and the budget units which are subordinate to them are in good time complying with their obligations under the budget and using the most rational use of resources. materials, human and financial available, strictly conform to the levels of budgetary expenditure that will be notified to you by the Ministry of Finance and Prices; controlling and evaluating monthly in your boards of directors the compliance with the approved budgets and deciding on the actions in each case to avoid excesses and, consequently, additional needs for financial resources.

ARTICLE 7 .- From the Central Budget, the necessary resources are transferred to the Social Security Budget to cover the excess of the expenses incurred by the State to guarantee the benefits, pensions and pensions prescribed in the Law, income from the contribution to which legal and natural persons are required, as set out in Articles 53, 54 and 56 of Law No. 73 of the Tax System dated 5 August 1994.

ARTICLE 8 .- The Social Security Budget is made up of the following revenue and expenditure:

MILLIONS OF PESOS

REVENUE 3 502.0
-Contribution to Social Security 2 058.0
-Transfers of the Central Budget 1 444.0
EXPENDITURE 3 502.0

ARTICLE 9 .- For the fiscal year 2006, 14 percent (14 percent) are established as a tax rate for the Social Security Contribution referred to in Articles 53 and 54 of Law No. 73 of the Tax System, dated August 5, 2001. 1994.

  1. 2 . The organs and agencies of the State, higher organizations of business management, companies, unions of companies, budget units and other state entities, the basic units of cooperative production, political organizations, The social and mass organizations, as well as the entities subordinate to these organizations, only enter the State Budget of the 12 and a half percent (12.5 percent) of the tax rate referred to in the previous paragraph.
  2. 3 . The remaining one and a half per cent (1.5 per cent) remain at the disposal of the above mentioned entities which are obliged to contribute by this concept to the payment of the short-term social security benefits of the workers who are linked to them.
  3. The remaining entities not mentioned above continue to contribute according to the tax rate established for each case.

ARTICLE 10 .- Five percent (5 percent) are set as the tax rate of the Special Contribution to Social Security for workers who work in entities incorporated in the business development and in the activities of the platform, as well as in others that during the execution of the fiscal year 2006 are approved, in accordance with the provisions of article 56 of Law No. 73, of the Tax System, dated August 5, 1994 and Resolution No. 247, dated 25 October 2005, from the Ministry of Finance and Prices.

ARTICLE 11 .- The provincial and special municipality budgets receive a share in the revenue of the Central Budget, to cover up to thirty percent (30 percent) of its current expenditure of the budgeted activity, calculated on the basis of the Circulation and Sales Tax and the Utilities Tax of the national subordination companies located in their territories. The percentages of participation are as follows:

PERCENTAGES

Pinar del Rio 48
Havana 39
Ciudad de La Habana 20
Slaughter 35
Villa Clara 40
Cienfuegos 46
Sancti Spiritus 50
Ciego de Avila 47
Camaguey 50
The Tunas 72
Holguin 36
Granma 82
Santiago de Cuba 65
Guantanamo 100
Island of Youth 98

ARTICLE 12. - From the Central Budget, a transfer of up to 60.3 million pesos is allocated to the Provincial Budget of Guantanamo, in which the revenue from the participation generated in this province is not sufficient to cover 30% of its current expenditure on the budgeted activity.

ARTICLE 13 (1) .- From the Central Budget it is transferred to the provincial budgets and the budget of the Special Municipality Island of Youth, the grant to cover the excess of the current expenditure approved on the revenue and participative necessary to ensure the sustainable economic and social development of the territories. The ceiling to be subsidised in each budget is as follows:

MILLIONS OF PESOS

Pinar del Rio 103.7
Slaughter 10.8
Villa Clara 75.2
Cienfuegos 65.1
Sancti Spiritus 53.5
Ciego de Avila 17.1
Camaguey 108.4
The Tunas 138.1
Holguin 187.9
Granma 273.0
Santiago de Cuba 255.0
Guantanamo 197.4
Island of Youth 22.0

2. The provinces Havana and Ciudad de la Habana, which plan surpluses, contribute these to the Central Budget, within the deadlines and amounts to be set by the Ministry of Finance and Prices.

3. The Ministry of Finance and Prices are empowered to carry out reallocations between provinces within the total ceiling of the Central Budget to the whole of the local budgets, due to circumstances (a) to ensure financial needs for economic and social development.

ARTICLE 14 .- The Central Budget assigns to the provincial and Special Municipality budgets, by means of transfers of specific destination, the financial resources necessary to support the decisions of the central government. during the fiscal year, which will increase the levels of public expenditure approved in their respective budgets, provided that they cannot be covered with savings in expenditure.

ARTICLE 15 .- The provincial assemblies of the People's Power determine, as appropriate, for each of its municipalities, the percentages of participation in the concepts of revenue from the Central Budget that have been established, ensuring that as a whole the Provincial budget shall comply with the participation defined in Article 11 of this Law.

  1. When the revenue to be received for participation in a municipality is not sufficient to cover thirty percent of its current expenditure of the budgeted activity, the provincial assemblies of the People's Power allocate the the level of levelling transfer required to cover that ratio.

ARTICLE 16 .- The provincial assemblies of the People's Power fix the maximum transfers from the provincial budget to the municipal budgets for the grant, to cover the excess of current expenditure approved, on the revenue transferred and Planned participative.

ARTICLE 17 .- From the Central Budget, the financing necessary for Capital Expenditure is transferred to the provincial budgets, in accordance with the decisions that are taken during the fiscal year and after the approval of the Plan of Investments by the Ministry of Economy and Planning. From the budget of each province, the corresponding financing is allocated to the municipal budgets.

ARTICLE 18 .- The agencies of the Central State Administration and the boards of the provincial and municipal assemblies of the People's Power approve and check the implementation of the programs for the verification of public expenditure in the entities which are subordinate to it, which ensure the efficient and effective use of the allocated budgetary resources, in accordance with the provisions of Resolution No. 140 dated 20 May 2004 of the Ministry of Finance and Prices.

ARTICLE 19 (1) - The National Office of Tax Administration organizes and executes the necessary actions to ensure the greatest discipline in the timely payment of taxes and other non-tax revenues, both natural and legal persons, in order to to secure the financial resources provided for in the State Budget, strengthening fiscal inspections and audits.

  1. The organs and agencies of the State, with the bodies of inspectors, strengthen and improve their work to combat the illegal exercise, by legal and natural persons, of productive activities and the provision of services, contributing to a greater social discipline and the increase in state revenues.

SPECIAL ARRANGEMENT

UNICA: The Ministry of Finance and Prices, as a body of the Central State Administration and the rector of public finances in the country, will dictate how many complementary provisions are necessary for the best compliance with the provisions of this Law.

FINAL PROVISIONS

FIRST: The Ministry of Finance and Prices is authorized, on the basis of the total expenditure of the 2006 budget approved by this Law in its Article 2, to notify the budget of approved expenditure to each organ and agency of the State, as well as to the organizations and associations linked to the Central Budget, setting the limits of expenditure with a steering character that correspond to and applying the procedures for allocation, execution and control that will ensure an increase in the efficiency of the process Budgetary implementation.

SECOND: The organs and agencies of the State, as well as the organizations and associations linked to the Central Budget, based on the budgets of expenditure notified by the Ministry of Finance and Prices, disaggregate the same in their respective systems, ensuring that, through the rational use of financial resources in the budgeted activities and higher levels of economic efficiency in business activities, the budgeted units and the enterprises are adjusted to the the limits of the allocated expenditure, without affecting the planned levels of the production and provision of services.

THIRD: The heads of the organs and agencies of the State Administration, the companies and units budgeted to them, and the organizations, associations and other institutions linked to the budget, are the most responsible. the administration and control of the execution of the budgets notified to them by the Ministry of Finance and Prices, as established by the final provision First, of this Law and are in the obligation to adjust in their execution to the limits set for them.

FOURTH: The Ministry of Finance and Prices may only amend the expenditure budget notified as a limit to the bodies and bodies, and organizations and associations linked to the Central Budget, where the increase in the expenditure is due to the (a) decisions of a central nature not foreseen in the planning process.

QUINTA: It is delegated to the Ministry of Finance and Prices so that, during the execution of the State Budget, it will make adjustments in the different expenditure and revenue actions, which are derived from decisions of the State Council and the Council of Ministers, provided that the Budget Deficit set out in Article 2 of this Law is not increased.

SIXTH: It shall be repealed as many laws and regulations shall be contrary to the provisions of this Law, which shall begin to apply from 1 January 2006.

DADA in the Chamber of the National Assembly of the People's Power, Palace of the Conventions, in the city of Havana, at the twenty-three days of the month of December 2005. "Year of the Bolivarian Alternative for the Americas."