Open Budget Survey 2015 Venezuela

Transcription

1 Open Budget Survey 2015 Venezuela Section 1. Public Availability of Budget Docs. Section One: The Availability of Budget Documents contains a series of four tables that allow the researcher to examine and map the public availability and dissemination of its country s key budget documents (i.e., Pre- Budget Statement, Executive s Budget Proposal (EBP) and Supporting EBP Documents, Citizens Budget, Enacted Budget, In-Year Reports, Mid-Year Review, Year-End Report, and Audit Report), as well as any national laws regulating budget processes and financial management. Once filled in, these tables will serve as a foundation for the completion of the rest of the questionnaire, as researchers will reference the specific documents cited in the tables to answer the questions contained in Sections 2-5 of the questionnaire. Table 1. Key Budget Documents

2 Fiscal Year the BUDGET DOCUMENT Full Title Budget Document Refers Date of Publication to Pre-Budget Statement Se produce para 䖺 nes internos. está disponible 2014 N/A Executive's Budget Proposal (EBP) Se produce para 䖺 nes internos. Proyecto de Ley de Presupuesto para el ejercicio 䖺 scal está disponible N/A Supporting EBP Document Se produce para 䖺 nes internos. Proyecto de Ley Especial de Endeudamiento para el Ejercicio Fiscal está disponible N/A Supporting EBP Document Se produce para 䖺 nes internos: Marco Plurianual del Presupuesto. está disponible N/A Supporting EBP Document Se produce para 䖺 nes internos. Plan Operativo Anual está disponibles 2014 N/A Enacted Budget Ley de Presupuesto para el Ejercicio Fiscal de diciembre de 2014 Citizens Budget se produce N/A N/A

3 (for EBP or Enacted Budget) se produce N/A N/A Estadísticas de Recaudación In-Year Report Tributaria y Aduanera Petrolera bajo 2014 Mensual desde el 12 de febrero 2014 Jurisdicción del Seniat Additional in-year report Additional in-year report se produce N/A N/A se produce N/A N/A Mid-Year Review se produce N/A N/A Year-End Report Se produce para 䖺 nes internos. Memoria y Cuenta del año 2013 disponible 2013 N/A Audit Report se produce N/A N/A Sources: The Constitution of the Bolivarian Republic of Venezuela (articles ) states the general guidelines of the budget regime. The Organic Law of Financial Administration of the Public Sector (LOAFSP) is the main regulation together with Rule. 1 of the LOAFSP, in matters of budget. Chapter II, articles 26, 27 and 28 state the existence of two pre-budget documents. This law (LOAFSP), chapter II, article 38, regarding the Executive's Budget Proposal, states that, along with the special indebtedness draft bill, it shall be submitted before October 15 before the N.A., for their discussion and approval no later than December 15 of each year (article 39). The LOAFSP contemplates the presentation of the Annual Operating Plan together with the Executive's Budget Proposal (article 10). Everything regarding the content and execution of the Budget is regulated in articles of the LOAFSP and the Rule. 1 The 2014 Budget Law and complementary documents are posted on the website of the National Office of the Budget (ONAPRE) at The 2014 Budget Law and the Special Indebtedness Law appeared in the Official Gazette 40,317, decree 663 dated December 17, And its publication was disseminated on the Twitter account of the National Office of the Budget on December 18, Regarding in-year budget reports, there is partial information referred only to the collection of national revenue under the jurisdiction of the National Customs and Taxation Service (SENIAT) that are monthly updated and published at the website

4 ZONTAL/5-3.html Article 237 of the Constitution requires the presentation of a year-end report called Annual Account Report. Comments: Article 311 of the Constitution addresses the need to have a pre-budget document called Multiyear Framework for Budgeting enacted by the National Assembly (N.A.) as a guideline of the budget process. Article 313 also mentions the Budget Law proposals that shall be enacted by the N.A.. Article 314 mentions the obligation of the Executive to present an accountability report six months after the closing of each fiscal year before the National Assembly. The Organic Law of Financial Administration of the Public Sector ( Ley Orgánica de Administración Financiera del Sector Público - LOAFSP) mentions a pre-budget statement called Draft Bill of the Multiannual Budget Framework with fiscal and balance discipline rules, for 3 years; then there is a second document in article 28 called Global Report, which also has a pre-budget character since it contemplates an assessment of the year preceding the current fiscal year, as well as ""the most relevant proposal the Executive's Budget Proposal shall include the budget law proposal for the following year, its correspondence to macroeconomic and social goals defined for the public sector in the multiyear framework of the budget and their sustainability, aimed at providing the basis for the discussion of the EBP." Both documents shall be submitted to the National Assembly before July 15. However, the institution responsible for their publication has not published them. Regarding the Budget Law 2014 and Special Indebtedness Law 2014 draft bills, they were not promptly made publicly available. They were received in electronic format at the Ministry of Finance upon request. On the other hand, the Annual Operating Plan 2014 was received in electronic format at the Ministry of Planning, upon request. While this same Organic Law of Financial Administration of the Public Sector states between articles the need to prepare execution reports, subsequently makes reference to a regulation that has not been enacted. The presentation of the year-end report, called Annual Accounts Report, is mandatory pursuant to article 237 of the National Constitution. However, the document was not submitted to any department. r to the National Assembly's, or to the Ministry of Finance's or the Ministry of Planning's. Finally regarding audit reports, no specific document on budget audit is produced. The superior audit institution is called Comptroller General of the Republic. In its website, link it shows documents of special actions in some bodies of the national public authorities regarding The internal audit units of various institutions of the public sector are the executors of the audit programs in each public entity. They audit specific expenditure programs and report to the Comptroller General of the Republic. The 2013 management report of the Comptroller General of the Republic reports a summary of the audits conducted, the variances found in the management of several public organizations, the execution of their expenditure. The annex presents a summary of each audit. There is no analysis of data of the total budget nor regarding national financial statements. The following files are publicly available: Organic Law of Financial Administration of the Public Sector; Budget Law for fiscal year 2014 (presented on several files. The expenditure is presented by administrative units, ministries and public authorities), downloaded from the official website of the National Office of the Budget (Oficina Nacional de Presupuesto - ONAPRE). Also the 2014 Special Indebtedness Law.

5 Opinion:, I do not agree with the score. Comments: I think it is appropriate to review the different online reports and printed by the fiscal entity (SENIAT), which could be considered budget supporting documents, information can be found regarding internal non oil revenue, and tax revenue sources can be individually identified html Table 2a. Details about Availability Budget Documents Tick box if answer to the questions is yes Pre-Budget Statement Executive s Budget Proposal Enacted Budget Citizens Budget Is it produced at all? Is it produced for internal purposes only? Is it published too late compared to the accepted timeframe? Is it available to the public in hard copy, with charge? Is it available to the public in hard copy, NO charge? Is it available to the public in soft copy, with charge?

6 Is it available to the public in soft copy, NO charge? Is it available to the public online? If available online, provide internet/url address N/A N/A ve/ N/A Is it machine readable? [only for electronic copies] Is there a citizens version of the budget document? N/A Sources: The Constitution of the Bolivarian Republic of Venezuela (articles ) states the general guidelines of the budget regime. After the Constitution, the Organic Law of Financial Administration of the Public Sector (LOAFSP) is the main regulation together with Rule. 1 of the LOAFSP, in matters of budget. Chapter II, articles 26, 27 and 29 state the existence of two pre-budget documents. The cited law (LOAFSP), chapter II, article 38, regarding the budget draft bill, states that the budget draft bill, together with the special indebtedness draft bill, shall be submitted before October 15 before the N.A., for their discussion and approval no later than December 15 of each year (article 39). These draft bills were publicly available after the budget was enacted. They were received in electronic format at the Ministry of Finance upon the request of a student that is doing his practices in Transparencia - Venezuela. The LOAFSP contemplates the presentation of the Annual Operating Plan together with the budget draft bill (article 10). It was not publicly available. The Budget Law and complementary documents are posted on the website of the National Office of the Budget (ONAPRE) at Comments: Pre-budget documents are prepared for internal use only. In visits to the People's Ministry of Finance, National Office of the Budget (ONAPRE) and the People's Ministry for Planning, it was not possible to obtain the Multiyear Budget Framework Law draft bill , nor the 2013 Global Report, nor the Multiyear Budget Framework The budget draft bill documents were not available prior to being approved by the National Assembly. The Annual Operating Plan 2014, the Budget Draft Bill for fiscal year 2014 and the Special Indebtedness draft bill 2014 were received upon request, in electronic format in April Table 2b. Details about Availability

7 Table 2b. Details about Availability Budget Documents Tick box if answer to the questions is yes In-Year Report Mid-Year Review Year-End Report Audit Report Is it produced at all? Is it produced for internal purposes only? Is it published too late compared to the accepted timeframe? Is it available to the public in hard copy, with charge? Is it available to the public in hard copy, NO charge? Is it available to the public in soft copy, with charge? Is it available to the public in soft copy, NO charge? Is it available to the public online? If available online, provide internet/url address niat.gob.ve/portal/page /portal/manejador_c ONTENIDO_SENIAT/05 MENU_HORIZONTAL/5-3.html N/A N/A N/A

8 Is it machine readable? [only for electronic copies] Is there a citizens version of the budget document? Sources: "The Constitution of the Bolivarian Republic of Venezuela, states in its article 237 the obligation of the President to submit before the National Assembly a report on the political, economic, social and administrative aspects of its administration for the immediately preceding year. The Organic Law of Financial Administration of the Public Sector (LOAFSP) states between articles the need to prepare execution reports. But this is not a general practice in the public administration, except for the case of the website of the National Customs and Taxation Service (SENIAT), entity that depends on the Ministry of Economy, Finances and Public Banking, which posts report on the collection of the major national taxes, month by month. Link ZONTAL/5-3.html The Organic Law of the Comptroller General of the Republic and the National Fiscal Control System (articles 23-34) describe the fiscal control objectives and the opportunity to conduct audits by the superior audit institution. The Organic Law of Public Administration, article 14, establishes the obligation of all official to render accounts, article 17 mentions the responsibility in the public service, and article 18 establishes the submission of the whole public administration to administration control and evaluation. Article 9 of the Law Against Corruption established that all officials are required to publish quarterly reports on the management and administration of public property." La Constitución de la República Bolivariana de Venezuela establece en el art. 237 la obligación del Presidente(a) de presentar ante la Asamblea Nacional reporte de los aspectos políticos, económicos, sociales y administrativos de su gestión durante el año inmediatamente anterior. La Ley Orgánica de Administración Financiera del Sector Público (LOAFSP) señala entre los artículos 59 al 61 la necesidad de producir informes de ejecución. Pero esto no ocurre de forma generalizada en la administración pública, excepto el caso del portal Web del Servicio Nacional Integrado de Administración Aduanera y Tributaria (SENIAT), entidad dependiente del Ministerio de Economía, Finanzas y Banca Pública, en donde aparecen reportes de la recaudación de los impuestos nacionales más importantes, mes a mes. Enlace ZONTAL/5-3.html La Ley Orgánica de la Contraloría General de la República y del Sistema Nacional del Control Fiscal (artículos 23 al 34) establecen los objetivos del control fiscal y la oportunidad de la realización de las actuaciones del órgano de fiscalización superior. La Ley Orgánica de Administración Pública en el artículo 14 establece la obligatoriedad de todos los funcionarios de rendir cuentas, el art. 17 menciona la responsabilidad en la función pública, y el 18 establece el sometimiento de toda la administración pública al control y evaluación de gestión. La Ley contra la Corrupción, prevé en el artículo 9 la obligatoriedad de todos los funcionarios de publicar informes de la gestión y administración del patrimonio público con carácter trimestral.

9 Comments: While the Organic Law of Financial Administration of the Public Sector states between articles the need to prepare execution reports, it makes reference to a regulation that has not been enacted. The presentation of the year-end report, called Annual Accounts Report, is mandatory, but it was not submitted at any office. r to the National Assembly's, or the Ministry of Finance's or the Ministry of Planning's. While there is sufficient legislation on the obligation of submitting execution reports, it became known that there are no updated consolidated budgetary execution reports for quarters or semesters. It became known that annual financial execution reports are prepared, but it is not publicly available. Regarding non oil monthly revenue, the SENIAT presents data in a spreadsheet, with no comparisons or analysis. The website of the Comptroller General of the Republic, on its link regarding the actions of the National Government, shows the summary of various actions in public ministries and entities but it is not an audit report on global budget execution." Opinion:, I do not agree with the score. Comments: I think it is appropriate to review the different online reports posted online and published in print by the fiscal entity (SENIAT), which could be considered budget supporting documents, information can be found regarding internal non oil revenue, and tax revenue sources can be individually identified html Table 3. When Are the Key Budget Documents Made Available to the Public? Pre-Budget Statement: When is the Pre-Budget Statement made available to the public? 100. At least four months in advance of the budget year, and at least one month before the executive s budget proposal is introduced in the legislature 67. At least two months, but less than four months, in advance of the budget year, and at least one month before the executive s budget proposal is introduced in the legislature 33. Less than two months in advance of the budget year, but at least one month before the executive s budget proposal is introduced in the legislature 0. Does not release to the public, or is released less than one month before the executive s budget proposal is introduced to the legislature

10 proposal is introduced to the legislature Executive Budget Proposal: When is the Executive Budget Proposal made available to the public? 100. At least three months in advance of the budget year, and in advance of the budget being approved by the legislature 67. At least two months, but less than three months, in advance of the budget year, and in advance of the budget being approved by the legislature 33. Less than two months in advance of the budget year, but at least in advance of the budget being approved by the legislature 0. Does not release to the public, or is released after the budget has been approved by the legislature Enacted Budget: When is the Enacted Budget made available to the public? 100. Two weeks or less after the budget has been enacted 67. Between two weeks and six weeks after the budget has been enacted 33. More than six weeks, but less than three months, after the budget has been enacted 0. Does not release to the public, or is released more than three months after the budget has been enacted In-Year Report: When are In-Year Reports made available to the public? 100. At least every month, and within one month of the period covered 67. At least every quarter, and within three months of the period covered 33. At least semi-annually, and within three months of the period covered 0. Does not release to the public Mid-Year Review: How long after the mid-point in the fiscal year (i.e., six months into the fiscal year) is the Mid-Year Review made available to the public? 100. Six weeks or less after the mid-point 67. Nine weeks or less, but more than six weeks, after the mid-point 33. More than nine weeks, but less than three months, after the mid-point 0. Does not release to the public, or is released more than three months after the mid-point Year-End Report: How long after the end of the budget year is the Year-End Report made available to the public? 100. Six months or less after the end of the budget year 67. Nine months or less, but more than 6 months, after the end of the budget year 33. More than nine months, but within 12 months, after the end of the budget year 0. Does not release to the public, or is released more than 12 months after the end of the budget year

11 0. Does not release to the public, or is released more than 12 months after the end of the budget year Audit Report: How long after the end of the fiscal year are the final annual expenditures of national departments audited and released (except for secret programs)? 100. Six months or less after the end of the budget year months or less, but more than 6 months, after the end of the budget year 33. More than 12 months, but within 18 months, after the end of the budget year 0. Does not release to the public, or is released more than 18 months after the end of the budget year Sources: The Organic Law of Financial Administration of the Public Sector (LOAFSP), articles 26-29, established the presentation of pre-budget documents. Article 38 of this law establishes the date of presentation of the budget proposal and the approval deadline. The Budget Law for Fiscal Year 2014 and all of its components are available at the website of the National Office of the Budget (ONAPRE) at Website of the Comptroller General of the Republic, link reports of actions Comments: Pre-budget documents were not made publicly available, they were only submitted to the National Assembly's Committee of Finances. The 2014 Budget Law and the Special Indebtedness Law appeared in the Official Gazette 40,317, decree 663 dated December 17, And its publication was disseminated on the Twitter account of the National Office of the Budget on December 18, While several regulations such as the Organic Law of Financial Administration of the Public Sector, the Organic Law of Public Administration, the Law against Corruption and the Constitution itself establish the obligation of submitting execution reports, it is not a common practice to prepare quarterly or sixmonthly consolidated reports on the national expenditure, except the fiscal statistics that are posted on the website of the Ministry of Finance, which are posted with much delay and with pre-budget figures. The Comptroller General of the Republic publishes summaries of the special actions carried out by certain units of some Ministries and public authorities, corresponding to Opinion:, I do not agree with the score. Comments: I think it is appropriate to review the different online reports and printed by the fiscal entity (SENIAT), which could be considered budget supporting documents, information can be found regarding internal non oil revenue, and tax revenue sources can be individually identified html RESEARCHER'S RESPONSE The answers of the in-year report and the audit report were changed.

12 Table 4. General Questions YES/NO If yes, additional information; If no, please note N/A in the text box. Is there a website or web portal for government fiscal information? ve/ ve/index.php? option=com_content&vi ew=article&id=238&ite mid=371 ve/index.php? option=com_content&vi ew=article&id=245&ite mid=381 Is there a law (or laws) guiding public financial management? Constitución de la República Bolivariana de Venezuela Ley Orgánica de Administración Financiera del Sector Público (LOAFSP). Reglamento N 1 de la LOAFSP. Ley Orgánica de la Contraloría General de la República y del Régimen de Control Fiscal Ley Orgánica de Régimen Presupuestario Are there additional laws regulating: Ley Orgánica de la Administración Pública. Ley Orgánica de Procedimientos

13 Are there additional laws regulating: Access to information? Transparency? Citizens participation? Procedimientos Administrativos. Ley contra la Corrupción. Ley Orgánica del Poder Ciudadano. Ley Orgánica del Poder Popular Sources: Constitution of the Bolivarian Republic of Venezuela (title VI) Socioeconomic Order, chapter II Tax and Monetary System, Section One Budget System, articles The Organic Law of Financial Administration of the Public Sector (LOAFSP), Chapter II On the Budget System of the Republic and its Decentralized Entities, articles Section 4: On the formulation of the budget of the Republic and its Decentralized Entities, articles 34-42; Section 5: On the execution of the budget of the Republic and its Decentralized Entities, articles 43-55; Section 7, On the evaluation of budget execution, articles The Organic Law of Budget System (largely repealed by the LOAFSP) still has applicable articles: in articles 3-11 establishes general guidelines of the budget process and articles describes how budgets are structured. Regarding access to information: Organic Law of Public Administration, articles 6, 13, 14, 17 and 18. Law Against Corruption, articles 8 and 9. Organic Law of Administrative Procedures, articles 2, 3 and 5. Organic Law of Citizens Branch, article 10 The Organic Law of People's Branch, article 7, number 6, establishes the engagement for the exercise of social comptrollership; article 8, number 8 defines social control and number 12 defines the participatory budget; article 17 establishes the planning of public policies between the government and popular power authorities; article 19 describes social comptrollership; articles 24 and 25. Regulation. 1 of the The Organic Law of Financial Administration of the Public Sector (LOAFSP), Chapter III On the Budget System of the Republic, articles 11-21; on the formulation of the budget, articles Comments: Most of the cited laws were already commented in the above tables. It only need be added the Organic Law of the Citizen Branch, Law of Administrative Procedures and the Organic Law of People's Branch, with several articles that establish citizens engagement in the budget processes, audit and management evaluation actions. There is no national law on the access to information and transparency, but this principle does appear in all the cited laws and in the Constitution of the Bolivarian Republic of Venezuela. Section 2. Comprehensiveness of the Executive's Budget Proposal

14 001. Does the Executive s Budget Proposal or any supporting budget documentation present expenditures for the budget year that are classified by administrative unit (that is, by ministry, department, or agency)? A., administrative units accounting for all expenditures are presented. B., administrative units accounting for at least two-thirds of, but not all, expenditures are presented. C., administrative units accounting for less than two-thirds of expenditures are presented., expenditures are not presented by administrative unit. Sources: The document was not available before its enactment by the National Assembly. It should be noted that Regulation. 1 of the The Organic Law of Financial Administration of the Public Sector establishes in article 23 that Title II, chapter II of the National Budget shall include the financial operations and expenditure of the Republic. The law requires breakdown by administrative units, while title III, chapter III shall show functionally financial operations and expenditure of the nonprofit decentralized entities. Comments: The document was not available before its enactment on December 10, in the National Assembly Does the Executive s Budget Proposal or any supporting budget documentation present expenditures for the budget year by functional classification?

15 A., expenditures are presented by functional classification. B., expenditures are not presented by functional classification. C. t applicable/other (please comment). B. Sources: The National Budget Bill for fiscal year 2014 (Executive's Budget Proposal 2014) was not available prior to being approved by the National Assembly on December 10. r Regulation. 1 of the The Organic Law of Financial Administration, or the Organic Law of Financial Administration mention the requirement to present the functional classification of expenditure. Comments: r Regulation. 1 of the The Organic Law of Financial Administration, or the Organic Law of Financial Administration mention the requirement to present the functional classification of expenditure If the Executive s Budget Proposal or any supporting budget documentation presents expenditures for the budget year by functional classification, is the functional classification compatible with international standards? A., the functional classification is compatible with international standards. B., the functional classification is not compatible with international standards, or expenditures are not presented by functional classification. C. t applicable/other (please comment).

16 B. Sources: The National Budget Bill for fiscal year 2014 was not available before its enactment. r the Organic Law of Financial Administration, or its regulation. 1 mention the requirement to present the functional classification Does the Executive s Budget Proposal or any supporting budget documentation present expenditures for the budget year by economic classification? A., expenditures are presented by economic classification. B., expenditures are not presented by economic classification. C. t applicable/other (please comment). B. Sources: The National Budget Bill for fiscal year 2014 was not available before its enactment by the National Assembly. r the Organic Law of Financial Administration, or its regulation. 1 mention, expressly establish in articles 14 and 22, that the economic classification shall be presented If the Executive s Budget Proposal or any supporting budget documentation presents expenditures for the budget year by economic classification, is the economic classification

17 economic classification, is the economic classification compatible with international standards? A., the economic classification is compatible with international standards. B., the economic classification is not compatible with international standards, or expenditures are not presented by economic classification. C. t applicable/other (please comment). B. Sources: The National Budget Bill for fiscal year 2014 was not available before its enactment by the National Assembly Does the Executive s Budget Proposal or any supporting budget documentation present expenditures for individual programs for the budget year? A., programs accounting for all expenditures are presented. B., programs accounting for at least two-thirds of, but not all, expenditures are presented. C., programs accounting for less than two-thirds of expenditures are presented., expenditures are not presented by program.

18 Sources: The National Budget Bill for fiscal year 2014 was not available for citizens before its enactment by the National Assembly. However, it should be noted that the Regulation. 1 of the Organic Law of Financial Administration of the Public Sector establishes in article 22 that the expenditure budgets shall "state projects, centralized actions, specific actions and other categories equivalent to those approved by the National Budget Office." 007. Does the Executive s Budget Proposal or any supporting budget documentation present expenditure estimates for a multi-year period (at least two-years beyond the budget year) by any of the three expenditure classifications (by administrative, economic, or functional classification)? A., multi-year expenditure estimates are presented by all three expenditure classifications (by administrative, economic, and functional classification). B., multi-year expenditure estimates are presented by two of the three expenditure classifications. C., multi-year expenditure estimates are presented by only one of the three expenditure classifications., multi-year expenditure estimates are not presented by any expenditure classification. Sources: The National Budget Bill for fiscal year 2014 was not available before its enactment by the National Assembly.

19 008. Does the Executive s Budget Proposal or any supporting budget documentation present expenditure estimates for a multi-year period (at least two-years beyond the budget year) by program? A., multi-year estimates for programs accounting for all expenditures are presented. B., multi-year estimates for programs accounting for at least two-thirds of, but not all, expenditures are presented. C., multi-year estimates for programs accounting for less than two-thirds of expenditures are presented., multi-year estimates for programs are not presented. Sources: The National Budget Bill for fiscal year 2014 was not available for citizens before its enactment by the National Assembly Does the Executive s Budget Proposal or any supporting budget documentation present the individual sources of tax revenue (such as income tax or VAT) for the budget year?

20 A., individual sources of tax revenue accounting for all tax revenue are presented. B., individual sources of tax revenue accounting for at least two-thirds of, but not all, tax revenues are presented. C., individual sources of tax revenue accounting for less than two-thirds of all tax revenues are presented., individual sources of tax revenue are not presented. Sources: The National Budget Bill for fiscal year 2014 was not available for citizens before its enactment by the National Assembly. It should be noted that the Organic Law of Financial Administration of the Public Sector, article 13, mandates that the budget shall include "the different categories of current and capital revenue, as well as the amounts estimated for each of them. There shall be no category not represented by a numerical figure." Suggested Answer: c Does the Executive s Budget Proposal or any supporting budget documentation present the individual sources of nontax revenue (such as grants, property income, and sales of government-produced goods and services) for the budget year? A., individual sources of non-tax revenue accounting for all non-tax revenue are presented. B., individual sources of non-tax revenue accounting for at least two-thirds of, but not all, non-tax revenues are presented. C., individual sources of non-tax revenue accounting for less than two-thirds of all non-tax revenues

21 C., individual sources of non-tax revenue accounting for less than two-thirds of all non-tax revenues are presented., individual sources of non-tax revenue are not presented. Sources: The National Budget Bill for fiscal year 2014 was not available for citizens before its enactment by the National Assembly Does the Executive s Budget Proposal or any supporting budget documentation present revenue estimates by category (such as tax and non-tax) for a multi-year period (at least twoyears beyond the budget year)? A., multi-year estimates of revenue are presented by category. B., multi-year estimates of revenue are not presented by category. C. t applicable/other (please B. Sources: The National Budget Bill for fiscal year 2014 was not available for citizens before its enactment by the National Assembly. However, it is accurate to say that there are estimates of total revenue and GDP percentages, in the Multiyear Budget framework. Also estimates of revenue according to the oil and non oil revenue classification. The tax and non tax classification is not considered.

22 012. Does the Executive s Budget Proposal or any supporting budget documentation present estimates for individual sources of revenue presented for a multi-year period (at least two-years beyond the budget year)? A., multi-year estimates for individual sources of revenue accounting for all revenue are presented. B., multi-year estimates for individual sources of revenue accounting for at least two-thirds of, but not all, revenue are presented. C., multi-year estimates for individual sources of revenue accounting for less than two-thirds of revenue are presented., multi-year estimates for individual sources of revenue are not presented. Sources: The National Budget Bill for fiscal year 2014 was not available for citizens before its enactment by the National Assembly. It is also clarified that nor the the National Budget Bill for fiscal year 2014 or the Multiyear Budget Framework include a breakdown of multi-year estimates of individual sources of revenue Does the Executive s Budget Proposal or any supporting budget documentation present three estimates related to government borrowing and debt: the amount of net new borrowing required during the budget year; the total debt

23 borrowing required during the budget year; the total debt outstanding at the end of the budget year; and interest payments on the debt for the budget year? A., all three estimates related to government borrowing and debt are presented. B., two of the three estimates related to government borrowing and debt are presented. C., one of the three estimates related to government borrowing and debt are presented., none of the three estimates related to government borrowing and debt are not presented. Sources: The National Budget Bill for fiscal year 2014 was not available for citizens before its enactment by the National Assembly. The Statement of the National Budget Bill for fiscal year 2014 and the Special Indebtedness Bill 2014 present the three estimates. In tables 5.1-1; 5.1-2; ; , and Does the Executive s Budget Proposal or any supporting budget documentation present information related to the composition of the total debt outstanding at the end of the budget year? (The core information must include interest rates on the debt instruments; maturity profile of the debt; and whether it is domestic or external debt.) A., information beyond the core elements is presented for the composition of the total debt outstanding. B., the core information is presented for the composition of the total debt outstanding.

24 B., the core information is presented for the composition of the total debt outstanding. C., information is presented, but it excludes some core elements., information related to composition of total debt outstanding is not presented. Sources: The National Budget Bill for fiscal year 2014 and supporting documents were not available for citizens before their enactment by the National Assembly. It should be noted that the Statement of the National Budget Bill for fiscal year 2014, in the statistics information section, include the breakdown on domestic and external debt servicing and outstanding domestic and external debt. Tables 6.23; 6.24; 6.25 and Does the Executive s Budget Proposal or any supporting budget documentation present information on the macroeconomic forecast upon which the budget projections are based? (The core information must include a discussion of the economic outlook with estimates of nominal GDP level, inflation rate, real GDP growth, and interest rates.) A., information beyond the core elements is presented for the macroeconomic forecast. B., the core information is presented for the macroeconomic forecast. C., information is presented, but it excludes some core elements., information related to the macroeconomic forecast is not presented.

25 Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly. The Statement of the National Budget Bill for fiscal year 2014 includes in table 1-1 (page 24), the macroeconomic goals, as context of the budget formulation, as well as data of the nominal Gross Domestic Product, real GDP growth rate, annualized inflation rate, exchange rate and average export price of the Venezuelan oil barrel. Also the general provisions of the Budget draft bill (title I) mention these provisions Does the Executive s Budget Proposal or any supporting budget documentation show the impact of different macroeconomic assumptions (i.e., sensitivity analysis) on the budget? (The core information must include estimates of the impact on expenditures, revenue, and debt of different assumptions for the inflation rate, real GDP growth, and interest rates.) A., information beyond the core elements is presented to show the impact of different macroeconomic assumptions on the budget. B., the core information is presented to show the impact of different macroeconomic assumptions on the budget. C., information is presented, but it excludes some core elements., information related to different macroeconomic assumptions is not presented.

26 Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly in December. It is worth mentioning that the Statement of the National Budget Bill for fiscal year 2014, chapter 5 includes information on the Revenue and financing operations, the impact of estimated price of the oil barrel in the calculation of ordinary revenue Does the Executive s Budget Proposal or any supporting budget documentation present information for at least the budget year that shows how new policy proposals, as distinct from existing policies, affect expenditures? A., estimates that show how all new policy proposals affect expenditures are presented, along with a narrative discussion. B., estimates that show how all new policy proposals affect expenditures are presented, but a narrative discussion is not included. C., information that shows how some but not all new policy proposals affect expenditure is presented., information that shows how new policy proposals affect expenditure is not presented. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly in December 2014.

27 018. Does the Executive s Budget Proposal or any supporting budget documentation present information for at least the budget year that shows how new policy proposals, as distinct from existing policies, affect revenues? A., estimates that show how all new policy proposals affect revenues are presented, along with a narrative discussion. B., estimates that show how all new policy proposals affect revenues are presented, but a narrative discussion is not included. C., information that shows how some but not all new policy proposals affect revenues are presented., information that shows how new policy proposals affect revenues is not presented. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly in December The Statement of the National Budget Bill for fiscal year 2014 does not provide information on which are the new policies or how they affect expenditure or revenue Does the Executive s Budget Proposal or any supporting budget documentation present expenditures for the year preceding the budget year (BY-1) by any of the three expenditure classifications (by administrative, economic, or

28 functional classification)? A., expenditure estimates for BY-1 are presented by all three expenditure classifications (by administrative, economic, and functional classification). B., expenditure estimates for BY-1 are presented by two of the three expenditure classifications. C., expenditure estimates for BY-1 are presented by only one of the three expenditure classifications., expenditure estimates for BY-1 are not presented by any expenditure classification. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly in December Statement of the National Budget Bill for fiscal year Statistic Annexes, tables Comments: t only the preceding year is included, but also the last four years Does the Executive s Budget Proposal or any supporting budget documentation present expenditures for individual programs for the year preceding the budget year (BY-1)? A., programs accounting for all expenditures are presented for BY-1. B., programs accounting for at least two-thirds of, but not all, expenditures are presented for BY-1. C., programs accounting for less than two-thirds of expenditures are presented for BY-1.

29 C., programs accounting for less than two-thirds of expenditures are presented for BY-1., expenditures are not presented by program for BY-1. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly in December Comments: The tables included in the statistic annex of the Statement of the National Budget Bill for fiscal year 2014 show the data of the administrative, economic and functional classification of expenditure. programs are included, but expenditure concepts are: Legal, indebtedness projects, functional autonomy bodies, national universities, other expenditure In the Executive s Budget Proposal or any supporting budget documentation, have expenditure estimates of the year prior to the budget year (BY-1) been updated from the original enacted levels to reflect actual expenditures? A., expenditure estimates for BY-1 have been updated from the original enacted levels. B., expenditure estimates for BY-1 have not been updated from the original enacted levels. C. t applicable/other (please comment). B.

30 Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly in December Comments: The Statement of the National Budget Bill for fiscal year 2014, statistic annex, tables 6.1 onward mention that the estimates of the preceding year (2013) have been adjusted to the actual execution Does the Executive s Budget Proposal or any supporting budget documentation present estimates of expenditure for more than one year prior to the budget year (that is, BY-2 and prior years) by any of the three expenditure classifications (by administrative, economic, or functional classification)? A., expenditure estimates for BY-2 and prior years are presented by all three expenditure classifications (by administrative, economic, and functional classification). B., expenditure estimates for BY-2 and prior years are presented by two of the three expenditure classifications. C., expenditure estimates for BY-2 and prior years are presented by only one of the three expenditure classifications., expenditure estimates for BY-2 and prior years are not presented by any expenditure classification. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly 10 December 2014.

31 Comments: The Statement of the National Budget Bill for fiscal year 2014 does include the expenditure of the expenditure executed for the four preceding years ( ) by administrative, economic and functional classification Does the Executive s Budget Proposal or any supporting budget documentation present expenditures for individual programs for more than one year preceding the budget year (that is, BY-2 and prior years)? A., programs accounting for all expenditures are presented for BY-2 and prior years. B., programs accounting for at least two-thirds of, but not all, expenditures are presented for BY-2 and prior years. C., programs accounting for less than two-thirds of expenditures are presented for BY-2 and prior years., expenditures are not presented by program for BY-2 and prior years. E. t applicable/other (please Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly on 10 December Comments: The Statement of the National Budget Bill for fiscal year 2014, statistic annexes, show expenditure for the preceding four years, not by programs but by sectors.

32 024. In the Executive s Budget Proposal or any supporting budget documentation, what is the most recent year presented for which all expenditures reflect actual outcomes? A. Two years prior to the budget year (BY-2). B. Three years prior to the budget year (BY-3). C. Before BY-3. actual data for all expenditures are presented in the budget or supporting budget documentation. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly on 10 December Does the Executive s Budget Proposal or any supporting budget documentation present revenue by category (such as tax and non-tax) for the year preceding the budget year (BY-1)? A., revenue estimates for BY-1 are presented by category. B., revenue estimates for BY-1 are not presented by category. C. t applicable/other (please comment).

33 C. t applicable/other (please comment). B. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly on 10 December Does the Executive s Budget Proposal or any supporting budget documentation present individual sources of revenue for the year preceding the budget year (BY-1)? A., individual sources of revenue accounting for all revenue are presented for BY-1. B., individual sources of revenue accounting for at least two-thirds of, but not all, revenue for BY-1 are presented. C., individual sources of revenue accounting for less than two-thirds of all revenues for BY-1 are presented., individual sources of revenue are not presented for BY-1. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly on December 10. Unlike previous years, nor the National Budget Office (ONAPRE) or the National Assembly posted the National Budget Bill for fiscal year 2014on their websites.

34 Suggested Answer: c In the Executive s Budget Proposal or any supporting budget documentation, have the original estimates of revenue for the year prior to the budget year (BY-1) been updated to reflect actual revenue collections? A., revenue estimates for BY-1 have been updated from the original enacted levels. B., revenue estimates for BY-1 have not been updated from the original enacted levels. C. t applicable/other (please comment). B. Sources: The National Budget Bill for fiscal year 2014 and other supporting documents were not available for citizens before their enactment by the National Assembly on December 10. Unlike previous years, nor the National Budget Office (ONAPRE) or the National Assembly posted the National Budget Bill for fiscal year 2014 on their websites Does the Executive s Budget Proposal or any supporting budget documentation present revenue estimates by category (such as tax and non-tax) for more than one year prior to the budget year (that is, BY-2 and prior years)?