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2017 Venezuelan Congress budget to face 70% shortfall

The head of the Congress Finance Committee, opposition legislator Alfonso Marquina, denounced that the National Budget Office (Onapre) reduced by 70% the budget requested by the Legislature

The Congress budget will be enough to cover payroll until mid-2017

EFE / MIGUEL GUTIERREZ

15 de diciembre de 2016 10:13 AM

Actualizado el 15 de diciembre de 2016 10:30 AM

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2017 Venezuelan Congress budget to face 70% shortfall

The head of the Congress Finance Committee, Alfonso Marquina, denounced that the National Budget Office (Onapre) cut by 70% the financial plan requested by the Legislature to cover operations for 2017. In his view, the move intends to stop the Congress activities.


During a regular meeting on Wednesday, legislators discussed the Congress budget and unanimously approved VEB 27 billion or 30 % of the amount requested to cover operations.


In that connection, Marquina said that the amount requested to Onapre was initially VEB 93.45 billion, which were to cover spending of the Indigenous Parliament, the Latin American Parliament and the Parliament of the Common Market of the South (Parlasur). These three chambers now will not have financial support.


However and given such cut, Marquina recalled that they agreed to prioritize staff payment, adding that such amount would be enough to cover the Congress payroll until mid-2017. Similarly, he claimed that so far the Law on National Budget passed by the top court for the Executive Office has not been reported on the Official Gazette.


Marquina explained that while the government expenditure level increased to 400% for next year, Onapre allocated the Congress the same amount of money assigned in 2016, without having in mind an inflationary adjustment.  

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