MADRID, 30 (SERVIMEDIA)
The Minister of Finance and Public Administration, Cristobal Montoro, delivered Tuesday at the Congress of Deputies Bill State Budget (PGE) for 2015, to the start of the parliamentary process thereof .
Montoro reach the Patio de Floridablanca Congress of Deputies at 9.45 am, accompanied by the Secretaries of State for Finance, Miguel Ferre; Budget and Expenditure, Marta Fernández Currás and Public Administration, Antonio Beteta.
At 10 am in the Main Hall, the minister delivered digitally budgets that serve to consolidate ??? ? economic and employment recovery, as defined by the Government, the Congress President Jesus Posada.
Later, from 1100 hours, the finance minister and state secretaries explain the accounts at a press conference.
CONTENT
The draft Law on General State Budget for 2015 includes a commitment to reduce the deficit of the central government to 2.9% of GDP.
These accounts have been prepared on the basis of a limit of no financial expense totaled 129.060 million euros, 3.2% lower than a year earlier.
The PGE 2015 include an increase of the budget of the ministries at an average of 0.1%, so that departmental spending will be on 34.976 million euros.
also provide for a reduction in spending payment of debt interest 3% to 35,490 million euros.
Meanwhile, contributions to Social Security and transfers to the Public Service of Employment stood at 27,970 million, 14.8% less, and pension spending will rise between 3% and 3.5%.
In R & D budget up 4.8% in education increases by 4.5% and in culture, 4.4%, while public investment will increase by over 6%.
As for tax revenues, the Executive expected to reach 186,111 million in 2015, 3.5% more than budgeted for 2014.
For tax figures, the government plans to raise the income tax 72,957,000 (0.3%), 23,577 for Tax Corporations (+ 5.6%), 60,260 million VAT (+ 9.9%) and 19,894,000 special tax (-2.7%).
PROCESSING
The draft Budget Law has shall be given priority over other projects and bills, to meet the deadlines.
The processing in the House of Representatives will begin with the celebration of the hearings in committee so that those responsible for the various ministerial departments explain the corresponding items.
the general debate of the draft budget law is then held, if any amendment is submitted to asks the return of the project to the Government.
If the accounts saved this step takes place the debate in the Committee on Budgets, which will analyze and vote on the proposed amendments to draft the opinion that will be presented to Parliament.
subsequently held the vote on the draft Law on the State Budget for 2015 in the House of the Congress of Deputies.
Once approved, the text will be sent to the Senate. If the Senate does not introduce amendments or vetoes a bill, the budget will be finally adopted.
If the Senate approves amendments or vetoes the bill, it must go back to Congress of Deputies, which may ratify or reject the amendments and, if necessary, lift the veto.
(SERVIMEDIA)
30-SEP-14
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