Read the untranslated law here: http://www.parlamentocubano.cu/?documento=ley-del-presupuesto-del-estado-para-el-ano-2003
RICARDO ALARCÓN DE QUESADA, President of the Assembly national of the power people of the Republic of Cuba, I do know: that the National Assembly of the Popular power, at the meeting of December 21, 2002, corresponding to the tenth regular session of the fifth legislature, in accordance with the provisions of article 75, paragraph b) of the Constitution of the Republic (, has approved the following: whereas: Council of Ministers, in accordance with the provisions of article 98, paragraph e), of the Constitution of the Republic, and in article 20 of the Decree Law 192 of the financial Government, dated 8 April 1999, has prepared and submitted the draft of State budget for the year 2003 (, for consideration by the National Assembly of the Popular power for discussion and approval, such as laid down in article 75, paragraph e) the aforementioned constitutional text and the referred decree-law.
BECAUSE: The project, even in the difficult conditions in which the national economy, will be developed resulting from the impact of the global crisis, in the midst of the economic blockade sustained against our country and the climatic effects, responds to directives aimed to continue to strengthen fiscal policy and completing the requirements of social policy, whose fundamental purpose is the satisfaction of the needs of citizens through State of high priority with a distribution programs fair and equitable financial resources.
POR_CUANTO: The Assembly national of the people's power, on use of the powers that are conferred in article 75, paragraph b) of the Constitution of the Republic, according to dictate the following: law NO. 96 law on the budget of the State for the year 2003 article 1.-the State budget for the fiscal year 2003, which is stated in the following articles, shall remain in force from the first of January until 31 December of the year 2003.
Article 2.-The State budget for the year 2003 will be formed by the following revenues and current expenditures: million PESOS revenue totals 17 226,0 tax 13 396,0 non-tax 3 830,0 total: income of Capital 392,0 income streams 16 834,0 18 total expenditure 300,0 expenses current 16 600,0 for the budgeted activity 12 585,0 for transfer to the productive Sector 3 365,0 for operations financial 450,0 reserve 200,0 surplus on operations currents 234,0 expenditure of CAPITAL 1 700,0
Less: Capital 392,0 DEFICIT in operations of CAPITAL inflows (1 308,0) DEFICIT (1 074,0) article 3.-the budget deficit may not increase. When exceptional situations involve an increase in the budget deficit required the approval of the State Council.
Article 4.-them expenses derived of the approval of laws or decrees, promulgated during the exercise fiscal, is incorporated to the budget existing. When such laws or decrees generate expenses that can not be assumed with the reserve created, you must specify in this legislation, new sources of funding to cover the imbalance.
Article 5.-Will ensure, first and foremost, resources for productions and services that are the most significant sources of income provided for in the budget for the year 2003.
Article 6.-The Central budget for the year 2003, will be formed by the following income and expenses: million PESOS revenue total 11 302,0 tax 8 616,0 non-tax 2 686,0 total: income of Capital 392,0 income streams 10 910,0 10 total expenses 301,0 expenses flows 8 601,0 to the budgeted activity 4 621,0 for transfer to the productive Sector 3 360,0 to operations financial 450,0 reservation 170,0 surplus 309,0 2 current operations expenses of CAPITAL 1 700,0 less income than Capital 392,0 surplus budget CENTRAL 1 001,0 less: transfers to Social Security 650,0 grants to local budgets 1 425,0 DEFICIT budget (1 074,0) article 7.-the Central budget will be transferred financial resources to subsidize losses in State enterprises subordinated to the agencies of the Central Administration of the State and up to the limits laid down in annex to this law , that form part member of it.
Article 8.-Bodies and agencies shall take measures ensuring that enterprises and budgeted units which are subordinated to them, comply promptly with their obligations to the budget and that through the more rational use of material, human and financial resources that will benefit, strictly to match the levels of budgetary expenditure which will be notified to them by the Ministry of finance and prices; checking systematically compliance with approved budgets and deciding that in each case apply to avoid excesses and, accordingly, needs for additional financial resources.
Article 9.-the Central budget will be transferred the necessary resources to the budget of the Social Security to cover the excess of expenditures the State incurred to secure pensions and retirement prescribed in law 24, of Social Security, dated 28 August 1979 and provisions issued to the effect on the income obtained by the contribution they are forced legal and natural persons as referred to in articles 53, 54 and 56 of the law 73, of the tax system, dated 5 August 1994.
Article 10.-The Social security budget is formed by the following income and expenses: millions of PESOS income 2050,0 * contribution to Social Security 1 400.0 * transfers from the Central budget 650,0 050,0 2 costs article 11.-sets the Fourteen percent (14 percent) as tax rate, all entities employing the beneficiaries of the contribution to the Social Security referred to in articles 53 and 54 of the Act No. 73 , Tax system, dated 5 August 1994.
The organs and agencies of the State, enterprises, joint enterprises, budgeted units and other State entities, the basic units of cooperative production, political, social and mass organizations, as well as enterprises subordinate to such organizations, only enter the budget the twelve percent (12%) of the tax rate that referred to in the preceding paragraph.
Two percent (2%) remaining, will be at the disposal of the cited entities obliged to contribute for this concept, which go towards the payment of the social security benefits for short-term workers that linked them, as it is regulated by the Ministry of finance and prices.
The rest of the entities not listed above will continue providing for the tax rate established for each case.
Article 12.-Establishes five percent (5%) tax rate of the special contribution to Social Security for workers working in entities incorporated business development and in the activities of the fleet's platform, as well as others during the execution of fiscal 2003 be approved; in accordance with the provisions of article 56 of the law No. 73 of the tributary system, dated 5 August 1994 and resolution 16 of July 2, 1999, the Ministry of finance and prices.
Article 13.-Budgets provincial and the special municipality of the Isle of youth will receive equity income, by implementing the collection of their respective territories, the concepts of income to the budget Central expressly determined by the Ministry of finance and prices, the following percentages: two per cent (2 per cent): Ciudad de La Habana.
Ten percent (10%): Villa Clara; Cienfuegos; Blind Avila and the special municipality island of youth fifteen percent (15%): Pinar del Rio; Havana; Killings; Sancti Spiritus; Camaguey; Holguin and Santiago de Cuba.
Twenty percent (20%): Las Tunas; Granma and Guantanamo
Article 14.-of the budget Central is will transfer to them budgets provincial and to the budget of the municipality special island of the youth, the grant to cover the excess of them expenses current approved on them income transferred and participatory planned, necessary for ensure the development economic and social sustainable of them territories. The threshold to subsidize in each budget is as follows: million of PESOS Pinar of the river 96.1 La Habana 2.5 city of the Havana 35.9 Matanzas 35.4 Villa Clara 86.8 Cienfuegos 49.2 Sancti Spiritus 70.2 blind of Avila 35.7 Camagüey 154,6 Las Tunas 114,2 Holguin 165.2 Granma 190.3 Santiago of Cuba 220,0 Guantanamo 148,0 island of the youth 20.4 empower the Ministry of finance and prices for , within the limit maximum total of grant of the budget Central to the set of them budgets local, can make reallocations between provinces by circumstances duly informed, to ensure them needs financial aimed to the development economic and social.
Article 15.-Is authorized the Ministry of finance and prices to evaluate and apply the necessary procedures that will ensure a more equitable distribution of revenues between the Central budget and provincial budgets and the special municipality island of the youth, in correspondence with the development of each territory and economic and social programmes to them and the tasks entrusted.
Article 16.-The Central budget allocated, in correspondence with the expressed thing in article 3 of this law, to provincial budgets, and of the special municipality island of the youth, through transfers of specific target, the necessary financial resources to support the decisions of the central Government during the fiscal year, which increase approved public spending levels in their respective budgets , provided that these not to be covered with them sobrecumplimientos of income transferred and participatory that is obtained.
Article 17.-The provincial assemblies of people's power will determine for each of its municipalities the percentages of participation in the concepts of income to the budget which have been established; and they ensure that as a whole the provincial budget meets the participation that defined this law in its article 3.
Article 18.-The provincial assemblies of people's power shall set the maximum transfer of the provincial budget municipal budgets per grant, to cover the excesses of current expenditure approved planned transferred and equity income.
Article 19.-The provincial and municipal assemblies of people's power will ensure that their boards of Directors continue to work to improve the result between planned participatory and assigned revenues and current expenditures approved in their budgets.
Article 20.-the Central budget will be transferred to provincial budgets funding for Capital expenses, in correspondence with the decisions taken in the course of the fiscal year and then approved the Investment Plan by the Ministry of economy and planning, once deducted the amount of capital income and other resources decentralized subordination provincial and municipal companies. The budget of each province shall be transferred, under the same conditions, to municipal budgets, funding that corresponds.
Article 21.-The national Office of tax administration will organize and it will continue to apply the necessary actions to ensure greater discipline in the timely payment of taxes and other non-tax revenues, both individuals and companies, in order to ensure the revenue provided under the budget of the State, and strengthen inspections and audits tax.
Equally, other bodies and agencies will strengthen will enhance its inspection work to combat the unlawful exercise by legal and natural persons of productive activities and provision of services and contribute in this way to a greater social discipline and the increase of revenues of the State.
PROVISIONS to end first: The Ministry of finance and prices is authorized, on the basis of the total costs of the 2003 budget approved by this law in its article 2, notify the budget approved each organ and bodies of the State, as well as organizations and associations linked to the Central budget; and set spending limits with managerial character matching.
Second: The organs and agencies of the State, as well as organizations and associations linked to the Central budget, from the budgets of expenditures reported by the Ministry of finance and prices, desagregarán them in their respective systems; and ensure that through the rational use of financial resources in the budgeted activities and higher levels of economic efficiency in business activities, budgeted units and enterprises comply with assigned spending limits, while the levels of production and provision of planned services affect fundamentally.
Third: The Ministry of finance and prices is responsible for the Administration and control of the implementation of the budget of the State for which you can dictate how many supplementary provisions are necessary for the better enforcement of the provisions of this law, without prejudice to the responsibility of top heads of the organs, agencies, companies and budgeted units; those who are obliged to stay in the assigned limits.
Fourth: The Ministry of finance and prices can only modify the budget reported as the limit to the bodies and agencies, and organizations and associations linked to the Central budget, when the increase of the same answers to new decisions of central character.
Fifth: Is it delegated to the Ministry of finance and prices so that, during the execution of the State budget, making the adjustments in the various areas of expenditure and revenue resulting from decisions of the Council of State and the Council of Ministers, provided that does not increase the Budget Deficit set in article 2 of this law.
Sixth: Are they repealed many laws and regulatory provisions is contrary to provisions of this law, which will begin to run from the first of January of the year 2003.
GIVEN, in the Hall of sessions of the National Assembly of the Popular power, Palacio de las Convenciones, in the city of Havana, at twenty-one days of the month of December of the year 2002. "Year of the Heroes, prisoners of the Empire".
Annex limit maximum losses to subsidize to LAS companies subordinate to the agencies of LA administration CENTRAL State: millions of PESOS TOTAL by organisms Ministry of the industry sugar 80,0 Ministry of the agriculture 192,0 Ministry of the industry steel 3.0 Ministry of the industry light 7.8 Ministry of the industry fisheries 4.9 Ministry of the transport 13.7
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