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Press Release: Meeting of the Council of Ministers of November 6, 2018

4 years ago

Meeting of the Council of Ministers of November 6, 2018

Presidency of the Council of Ministers
Eighth Constitutional Government

……………………………………………………………………………………………………………..

Press Release

Meeting of the Council of Ministers of November 6, 2018

The Council of Ministers met extraordinarily at the Government Palace in Dili.

The acting Finance Minister presented the Proposal of the General State Budget Law for 2019.

Taking into account the budget of each ministry as well as the external expenses to be paid, the maximum expenditure of the General State Budget for 2019 was set at a total of US $ 1,827 million dollars (1 billion, eight hundred and twenty-seven million American dollars).

The maximum budget expenditure was calculated taking into consideration the different categories of expenses and the investments of the State through the Infrastructure Fund in relation to the different programs/projects undergoing and to be started.

The proposed Law of the General State Budget will be sent to the National Parliament on November 8, as per the approved calendar. END

see also at:http://timor-leste.gov.tl

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