Administrative Decision No. 449/19 approved the Consolidated Budget of the National Public Sector for Fiscal Year 2019, in compliance with the provisions of Article 55 of Law No. 24,156 on Financial Administration and Control Systems of the National Public Sector, as amended. Said article provides that the National Budget Office must prepare the consolidated budget annually and submit it to the National Executive Branch before March 31 of the year in which it is in effect. Once approved, it is submitted to the National Congress.
The Consolidated Budget of the National Public Sector represents the integration of the economic transactions carried out by the different agencies of the National Public Sector, which provides information on the total public expenditure and revenue and the effect on the rest of the economic system.