PM Taur Matan Ruak: A new cycle opens
Dili, December 12th, 2020 – The National Parliament approved, this Saturday, with 44 Members of the Parliament present, after 9 days of the detailed discussion, the General State Budget (GSB) proposal for 2021, with 44 votes in favour, 0 votes against and 0 abstentions.
His Excellency the Prime Minister, Taur Matan Ruak, in his closing speech, said that he was pleased with this budget approval and took the opportunity to thank the Members of the Parliament for their cooperation from the overall discussion to the final global vote. He also considered that a new cycle is opening, which will allow the normalization of the annual budget cycle and, at the same time, the recovery of the economy, which is falling due to the effect of COVID-19 and the duodecimal regime.
“In two and a half years, the 8th Constitutional Government has prepared six budgets, including this one. I am confident that, with the approval, this budget will help us close one cycle and open another one, because, normally, a Government has a five-year term, and in that period it prepares only five budgets. On the contrary, we, in half of the term, have already prepared six, so that I am very happy because, with this approval (General State Budget for 2021), on the one hand, a new cycle begins, a cycle that will normalize our annual budget cycle.
On the other hand, this approval gives us strength so that we can recover our economy, after the influence of COVID-19, which has greatly affected our economy, and also after the consequences of the duodecimal budget regime, in which we have lived in recent years. That is why, on behalf of the 8th Constitutional Government, I would like to thank the National Parliament, all the Honourable Members of the Parliament, who, with all patience and dedication, gave us support so that today we could approve the General State Budget for 2021.”, said the Head of Government, in his final speech.
Regarding the concerns of the Members of the Parliament during the discussion, the Head of Government promised that he will consider them, to improve the elaboration of the 2022 General State Budget.
On the CNRT bench absence during the budget discussion, the Chief Executive was very sorry and stressed that political differences cannot lead us to withdraw from the national development process.
“I regret the absence of the CNRT party during the 2021 General State Budget debate, because, although there are political differences, these differences cannot lead us to withdraw our support for the development of our country. The decision is theirs, but the Government wants to leave the appeal here so that they continue to support the development of our country. Regardless of the differences that exist, it is important to be united, to join our efforts and capacities for the development of our country. It is especially at times like this, times of crisis, that we need to be more united.” said His Excellency the Prime Minister.
The GSB for 2021 has a global amount of US $ 1,895 million, of which the US $ 541 million is dedicated to social capital, the US $ 475 million for infrastructure development, US $ 338 million for economic development, and the US $ 470 million to consolidate the institutional framework. END / M-PMO.