CHAPTER I
PUBLISHING INFORMATION ON PUBLIC FINANCES
Article 22
Information that All Public Administrative Entities are Required to Publish
All departments of Public Administration shall publish the following on a trimester cycle:
1. Budget: revenues, expenditures, financing and operative results of conforming to valid
budget classifications.
2. In-Progress Public Investment Projects: Total budget of the project, budget of the
corresponding period, its progress rate and the cumulative budget
3. Employee Information: active and inactive personnel, number of officials, directors,
professionals, technicians, aides, as long as the named employees are hired for more
than three months in one year, without taking into account the working regime that they
are subject to, their designated budget or the function they perform. The wage range by
category and the total expenditure in remunerations, bonuses and any other
remunerative information should be released as well, regardless of their ability to claim
pension.
4. Information regarding the Selection Process for Contracting and Acquisitions: referential
values, contractor’s names, total contract prices, penalties, sanctions and final cost if
available.
5. The progress made by performance indicators established by the institutional strategic
plans or in other indicators to be applied to the entities that are subscribed to the
negotiated agreement.
Public Administrative Entities must transfer the mentioned information to the Ministry of Economics and
Finance, so it can be included in the ministry’s website within five days after its publication.
Article 23
Information that the Ministry of Economy and Public Finance is required to publish
In addition to what is established in the previous article, the Ministry of Economy and Public Finance shall
publish the following information:
1. The Balance of the Consolidated Public Sector within ninety days of the close of the fiscal period
joined with the balances of the previous two periods.
2. Following a trimester cycle, Revenues and Expenditures of the Central Government and its
decentralized dependencies specified in the Public Sector Budget Law as established in the
Revenues, Expenditures and Financing Indexes, including: the earned, annual budget according
to the following criteria: i. institutional identification, ii. functional classification (function/program),
iii. By type of expense, iv. Financing source.
3. Debt Law, financial equilibrium and budget projects with a description of their motives within the
first two business days of September including: general charts about the use, source and
functional distributions by type of expense and institution at an itemized level.
4. Following a trimester cycle, detailed information about the balance and profile of the public
external and internal debt concerted or guaranteed by the Consolidated Public Sector including:
the type of creditor, the total amount, the due dates, the agreed on depreciation fee, capital and
made as well as future interest payments.
5. The chronological chart of payments and amortizations made by each financing source following
the trimester cycle, including: official credit operations, other deposits and balance of payments.
6. Information about Public Investment projects whose research or execution would have demanded
resources greater than or equal to 1,200 tax units (unidades impositivas tributaries), following the
trimester cycle including: the total budget for the project, the executed accumulated budget and
the annual executed budget.
7. The Fiscal Stabilization Fund balance within thirty days of the close of the fiscal period.
8. The resulting evaluation of the conformity with the applied indicators, within ninety days after the
close of the fiscal period.
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