Article 24
Information That the National Fund for the Financing of State Entrepreneurial Activities (Fondo
Nacional de Financimiento de la Actividad Empresarial del Estado--FONAFE) Is Required to Publish
FONAFE shall publish, in addition to what is established in article 21, the following information about the
entities under its sphere of influence:
1.
The consolidated budget, before December 31st of the previous year up to the start of the
budget’s execution period.
2.
The balance, including the savings account, investments and financing – on the trimester
cycle.
3.
Audited state finances, within 120 calendar days of the close of the fiscal period.
4.
The measurement indicators to be applied when the convention on measurement is held.
5.
Results of the evaluation in conformity with the applied indicators, within ninety days after
the close of the fiscal period.
Article 25
Information That the Office of Provisional Standards (Oficina de Normalizacion Previsional—ONP) Is
Required to Publish
In addition to what is established in article 21, the ONP, as a Technical Secretary of the Consolidated
Reserve Fund (Fondo Consolidado de Reserva Previvional--FCR), shall publish the following:
1.
The state’s financiers that close fiscal exercise of the Consolidated Reserve Fund (FCR)
and of the National Public Savings Fund (Fondo Nacional de Ahorro Publicos-FONAHPU), before March 31st of each year.
2.
Information referring to the situation of active financiers of the FCR and the FONAHPU,
placed in financial and non-financial entities and in multilateral organizations where the
deposited resources of the aforementioned funds are found, including administrative
costs, interest rates and earned interest per trimester.
Article 26
Information that the High Council for State Contracts and Acquisitions (Consejo Superior de
Contrataciones y Adquisiciones del Estado—CONSUCODE) is required to publish
Every trimester the CONSUCODE shall publish information about acquisitions and contracts completed
by public administration entities whose referential value is greater than or equal to fifty Tax Units
(unidades impositivas tributaries.) In this case, the information should be disaggregated by item, if
applicable, detailing the processing number, the referential value, the supplier or contractor, the total on
the contract, the approved valuation (if that is the case), the contracted deadline, the effective exercised
deadline and the final cost.
CHAPTER II
FISCAL TRANSPARENCY IN THE BUDGET, THE MACROECONOMIC FRAMEWORK AND THE
ACCOUNTING FOR ACTIONS
Article 27
Information on Fiscal Impact
1.
In conjunction with the Laws for the Budget, Financial Equilibrium and Internal and External
Debt, the Executive Branch must present to Congress an estimate of the effects that the use
of the Tax Expense (Gasto Tributario) will have on economic and social sectors as well as
each region, according to its type.
2.
Furthermore, all projects of the law that modify the Tax Expense (Gasto Tributario) shall be
accompanied by an annual estimation of the modification’s effects on the public budget as
well as its regional, social and economic effects, according to its type.
Article 28
Additional Information on the Multi-annual Macroeconomic Framework
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