Centeno says running is “fully in line” with the provisions – TVI24

The Minister of Finance argues that budget execution is “fully in line” with the provisions of the State Budget for 2016 (OE2016) in response to the data of the Budget General Directorate (DGO).

This implementation is fully in line with what is OE2016. A number of special effects [interest payments and VAT refunds] in the first quarter to justify any pattern change from the implementation of the previous year, “said Mario Centeno at the entrance to the Parliamentary Committee on Budget, Finance and Administrative Modernization.

the DGO today announced an budget deficit in public accounts of 823.9 million euros by March over 107.9 million euros than the registered in the first quarter of last year.

“the payment of interest, which this year had a higher value than the previous year at 344 million euros,” ie, “an irregular pattern of interest payment occurs and is distributed throughout the year “as well as” the VAT refunds substantially higher than the previous year, particularly in January and February “were the causes of the numbers, according to Centeno, who also added” other smaller scale effects in some specific taxes “.

the government official said that” implementation [budget], either on the revenue side, as on the expenditure side, is fully aligned with what is permitted in OE2016. “

Mario Centeno said that “personnel expenditure and intermediate consumption, until March, have an increase of 2.2% decrease when the projection of the government’s budget is a 2.2% increase.”

“Another important figure, all tax revenue in the first three months of the year is five million euros above what results from ‘mensualização’ OE revenue forecast,” the Finance Minister.

PSD anticipates “further action” of the government and CDS says that execution is “disturbing”

the deputy PSD Duarte Pacheco considered that there was “a problem” in the budget execution in the first quarter, released today, predicting that the socialist government has to “take further action.”

“There is a worsening of the deficit over the same period last year, which means that we are here with a problem because the government wanted to lower the deficit about 2.8% – if we remove the effect Banif – to 2.2%. Instead of going down is higher because tax revenues are below last year and the above expenses, “said Social Democrat parliamentarian in Parliament.

Also the CDS-PP considered today” worrying “the data budget execution, where it denotes what is there “an increase in the deficit and a worsening of the situation of public finances”, insisting that “the accounts do not add up”.

“These data, which are data budget execution increased deficit are worrying data, “said Member of the CDS-PP, Cecilia Meireles, told reporters in parliament.

Recalling that since the discussion of the State budget for 2016 CDS-PP and international institutions have warned that the “predictions and accounts” document “did not hit right,” Cecilia Meireles considered that the budget execution already denotes that is there an increase in the deficit and a worsening climate for public finances.

“Looking at the crudeness of the numbers, what is expected is that the deficit will decrease and it is increasing,” he said.

Asked about the explanations given by the Minister Finance, Mrs CDS-PP said the important thing “is to understand whether the accounts that are planned or not to hit right.”

“I think it is worrying that the first signs are that they be that are not the right beat and are moving in the opposite direction to that which was expected, “he added.

PS argues that execution shows” evolution of controlled spending “

the PS has an opinion opposite. The parliamentary leader of the PS, Carlos César, states that budget execution is very close to what was predicted by the Government, with a slight increase in revenue and an “evolution of controlled spending.”

“Budget execution has shown, on the one hand, a slight increase of revenues and on the other hand one of controlled expense development situation, “said Carlos César the end of an audience with the President, Marcelo Rebelo de Sousa, in the Palace of Belém in Lisbon.

Despite an increase of more than 100 million deficit euro, the socialist parliamentary leader refused to treat a negative budget execution, opposing it is “very close to what was predicted by the Government and not is currently no cause for concern “.

” with regard to the expenditure there is a problem that has been diagnosed mainly in health, personnel expense increased in this area, which has to do with the extension of that number of staff made this sector in the second half of last year, which, of course, compared year on year, gives greater differentiation, “cautioned.

” we remain confident that the budget execution will take place according to our forecasts, if there are no external circumstances of the Portuguese economy that have not been provided, “he said.