The State Budget Law For The Year 2002

Original Language Title: Ley del Presupuesto del Estado para el año 2002

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Read the untranslated law here:

RICARDO ALARCÓN DE QUESADA, President of the Assembly national of the power people of the Republic of Cuba.

I do know: That the Assembly national of the power people of the Republic of Cuba, at its eighth regular session of the fifth legislature, carried out on 20 and 21 December 2001, has approved the following: as: 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 developed and presented the draft of State budget for the year 2002, for consideration by the National Assembly of the Popular power for discussion and approval, as established in section 75, subsection 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 blockade against our country and the effects of Hurricane Michelle held, responds to directives aimed to continue to strengthen Fiscal policy and completing the requirements of social policy whose essential purpose is the satisfaction of the needs of citizens through State programs of high priority with a fair and equitable distribution of financial resources.

POR_CUANTO: The Assembly national of the people's power, in exercise of the powers which are conferred in section 75, subsection b) of the Constitution of the Republic, according to dictate the following: law NO. 94 of the budget of the State for the year 2002 article 1.-the State budget for the year 2002, which is stated in the following articles shall remain in force from the first of January until 31 December of the year 2002.

Article 2.-The State budget for the year 2002, is made up of the following revenues and current expenditures: millions of PESOS income tax 12041.0 non-tax 3565.0 Total of 15606.0 of the total income: income from Capital 316.0 TOTAL income streams 15290.0 expenses current expenses for the activity 11195.0 budgeted for transfer to the productive Sector 3086.0 for Fi operations nancial 500.0 reserve 200.0 TOTAL current expenditure 14981.0 surplus on operations currents 309.0 expenditures for investment 1 500.0 less: 1184.0 316.0 Capital income DEFICIT FISCAL (875,0) article 3.-the Budget Deficit does not may be increased by decisions that have not been previously approved by the National Assembly of people's power or po (r) the Council of State.

The costs arising from the approval of laws or decrees - laws, promulgated during the fiscal year, will be incorporated into the current budget. When such laws or decrees - laws 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 4.-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 2002.

 Article 5.-The Central budget for 2002, will be integrated by the following income and expenses: millions of PESOS income tax 7375.0 non-tax 2549.0 Total of 9924.0 income make income from Capital 316.0 Total of income streams 9608.0 expenditure flows to the 4188.0 budgeted activity for transfers to the productive Sector 3083. 0 to operations Financial 500.0 reserve 175.0 Total expenditure current 7946.0 surplus on operations flows 1662.0 1500.0 investments less expenses: 316.0 1184.0 Capital revenue surplus budget CENTRAL 478.0 less: transfers to the budget of the SEC. Social 692.0 grants 661.0 local budgets DEFICIT 875.0) article 6.-the Central budget will be transferred financial resources to subsidize losses to state-owned enterprises subordinated to the agencies of the Central Administration of the State up to the limit set in this law and whose detail is attached, forming an integral part of it.

Article 7.-Bodies and agencies will require that companies implement measures to increase the efficiency, reach levels of organization that guarantee higher quality of products and services and use rationally the material, human and financial resources by controlling the compliance of the programmes developed for such purposes.

Article 8.-the Central budget will be transferred resources to subsidize the products, according to the bases and the procedures laid down in the legal provisions issued by the Ministry of finance and prices.

Article 9.-the Central budget will be transferred the necessary resources to the budget of the Social Security to cover the imbalance between revenues obtained by the contribution to legal and natural persons, as set out in articles 53, 54 and 56 of the law 73, of the tax system, dated 5 August 1994 and the expenses incurred are required the State to guarantee pensions and retirement prescribed by law 24, of Social Security, dated August 28, 1979, and in other provisions to this effect.

Article 10.-The Social security budget will be integrated by the following income and expenses: millions of PESOS income • contribution to the Social Security 1302.0 • transfers from the Central budget 692.0 expenses 1994.0 article 11.-establishing 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 , of the system tax, of date 5 of August of 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 rate referred to in the preceding paragraph.

The two per cent (2 per cent) remaining of the referred type, will be at the disposal of the abovementioned 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.-Establishing the five per cent (5 per cent) as the rate of the special contribution to the Social security of workers beneficiaries of this, working in entities incorporated business development and the activities of the fleet of platform, in accordance with the provisions of article 56 of the law No. 73 of the tax system dated 5 August 1994 and resolution 16 of July 2, 1999, of the Ministry of finance and prices.

 Article 13.-Budgets provincial and Isla de la Juventud special municipality, will receive a share of the revenue in the Central budget, in the following indices: two per cent (2 per cent) of participation: City of the Havana ten per cent (10 per cent) of participation: Villa Clara, Cienfuegos, Ciego de Avila and the special municipality island of the youth of fifteen per cent (15 per cent) of participation : Pinar del Rio, Havana, Matanzas, Sancti Spíritus, Camaguey, Holguin and Santiago de Cuba twenty per cent (20 per cent) of participation: Las Tunas, Granma and Guantanamo article 14.-of the budget Central will be transferred to provincial budgets and the budget of the special municipality of Isla de la Juventud, the required subsidy to cover the imbalance between participatory and assigned revenues and current expenditures to ensure economic and social development of the territories. El límite máximo a subvencionar es el siguiente:

              Pinar del Río                                                                                   56.2

La Habana                                                                                        7.5

Matanzas                                                                                           9.1

Villa Clara                                                                                       30.8

Cienfuegos                                                                                        7.3

Sancti Spíritus                                                                                 48.0

Ciego de Avila                                                                                  5.0
Camagüey                                                                                     102.3

Las Tunas                                                                                        77.3

Holguin 78.2 Granma 107.7 Santiago de Cuba 137.4 Guantanamo 105.7 Island 15.0 youth empowers the Ministry of finance and prices, within the maximum total of the whole of the territories, to make reassignments between provinces by circumstances duly informed, to secure the financial needs for economic and social development.

Article 15.-The Central budget allocated to provincial budgets and the special municipality of Isla de la Juventud, as transfers of specific target, the necessary financial resources, which support the Government decisions during the fiscal year affecting public expenditure, in correspondence with the expressed thing in article 3 of this law.

Article 16.-is authorizes to the Ministry of finance and prices to evaluate and apply them procedures needed that ensure a distribution more equitable of income between the budget Central and them budgets provincial and of the municipality special island of the youth, in correspondence with the development of each territory and of the tasks and programs economic and social to them entrusted.

Article 17.-The provincial assemblies of people's power will determine the transfers to the budget of the province be carried out municipal budgets to cover imbalances between participatory and transferred income and running expenses.

Article 18.-The Board of Directors of the local organs of people's power, will continue to work to improve the result between revenues and current expenditures from local budgets.

Article 19.-the Central budget will be transferred to provincial budgets the financing needed for the implementation of the investment plan in accordance with the decisions taken in the course of the fiscal year and then approved by the Ministry of economy and planning, once deducted the amount of capital income and other resources, decentralized companies of local subordination.

Moreover, the budget of each province be transferred, under the same conditions, municipal budgets, appropriate financing for their investments.

Article 20.-The national Office of tax administration will organize and will continue applying the actions needed to ensure greater discipline in the timely payment of taxes and other resources, both individuals and companies, in order to ensure the revenue provided under the budget of the State, strengthening the audit and inspection.

Similarly, other bodies and agencies will strengthen and will enhance its inspection work to combat the illegal exercise of production activities and services, thus contributing to greater social discipline and the increase of revenues of the State.


PROVISIONS to end first: The Ministry of finance and prices is authorized to distribute and allocate the budget approved every organ and body of the State, as well as organizations and associations linked to the Central budget and to set spending with managerial character limits.

Second: The Ministry of finance and prices is responsible for the Administration and control of the implementation of the budget of the State, which may dictate how many supplementary provisions are necessary for the better enforcement of the provisions of this law, without prejudice to the responsibility of maximum heads of organs, organisms and budgeted units who are obliged to stay in the assigned limits.

Third: Is it delegated to the Ministry of finance and prices so that, during the execution of the State budget, making the adjustments in the different areas of expenses and income, arising from decisions of the Council of State and the Council of Ministers, provided that does not increase the Budget Deficit set in this law.

Fourth: 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 2002.


GIVEN in the Chamber 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 2001.


Annex limit maximum losses to subsidize to LAS companies subordinate to the agencies LA administration CENTRAL of the following State: Total millions of PESOS by bodies Ministry of the Industria Azucarera 170.0 61.0 Agriculture Ministry Ministry of industry heavy mechanics 14.0 8.0 light industry Ministry Ministry of fisheries 6.0 industry Ministry of industry basic 2.0